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To Stage or Not to Stage - It's a No Brainer

by Doug & Gwen Campbell at Sun Bay Associates

In today's real estate market, every advantage counts.  When selling your home, the most important factor is, of course, price.  If a house is priced above the market value, even by just a few thousand dollars, it is very possible that the best buyer for that house will not even look at it because there are so many properties available in so many price ranges.  One of the very best seller advanatages you can use, and it is not very costly, is to have your house staged by a professional stager. 

As an example, in Clearwater, FL in Pinellas County, in the $200,000 to $25,000 price range there are 86 houses for sale.  According to the statistics published by the Pinellas Realtor Organization, in this price range county wide the absorption rate is 7.5%.  This means that for Clearwater, of the 86 houses for sale, 7 will sell in the next 30 days.  If you assume that the house is priced right, one of the next best advantages is to have the house staged by a professional stager.  Some interesting statistics, from houses in the greater Tampa Bay area, show that of 9 properties that recently sold, the average days on market was 150.  Of these, 6 were not staged for over 100 or more days.  Three were listed and staged at the outset.  The three that were staged from the beginning sold in 29, 3 and 28 days.  All told, the 9 houses averaged 150+ days on market, however the time to contract after each was staged by a professional stager was 20 days on market.  Even one house that had been on the market for 9 months went under contract in 21 days after being staged.

The bottom line is price your house right for the market and then to have an almost unfair advantage, have it staged by a professional stager.

4th of July weekend FIREWORKS!!

by Doug & Gwen Campbell at Sun Bay Associates

Looking for a place to see fireworks over the 4th of July weekend?  Below is a list of some of the best places to view them, with family fun at most of them.  Fireworks mostly free, some of the family fun events have nominal admission.  Remember to have a very safe and happy 4th of July weekend.

Have a BLAST!!!!!  Smile

Fireworks for the 4th of July holiday weekend.

July 3

Clearwater.  Catch a minor league baseball game, watch the Threshers win.  Game admission $5-$9.  Fireworks right after the game.  Bright House Networks Field
601 N Old Coachman Road, Clearwater, 33765

Dunedin.  Catch minor league baseball and watch the Dunedin Blue Jays win.  Game admission $3.  After 6 pm, FREE admission.  Concert after the game followed by FIREWORKS.  Bright House Networks Field
601 N Old Coachman Road, Clearwater, 33765

July 4

Madeira Beach.  FREE admission.  Madeira Beach Recreation Center and Ball Fields
Fireworks start at 9 p.m.  200 Rex Place, Madeira Beach, 33708

St. Petersburg.  Museum of Fine Arts, Jazz concert starts at 6 pm.  Fireworks follow.  $15 admission. $10 for museum members.   
255 Beach Drive, St. Petersburg, 33707

Dade City, Pasco County.  Price: $3, 10 and younger free. Pasco County Fairgrounds Fun-filled events start at 4 pm.  36722 SR 52, Dade City, 33525

Redington Shores Fireworks at 9 pm.  County Park (Redington Shores)
18120 Park Blvd., Redington Shores, 33776

Largo.  Largo Central Park.  Attempt to set world record for most people doing the Twist at one time.  Dance fee - $3, FIREWORKS FREE.
101 Central Park Drive, Largo, 33771

Safety Harbor.  Safety Harbor City Marina.  Festivities start at 5 pm.  Nominal fees for some activities, FIREWORKS FREE!!
110 Veterans Memorial Lane, Safety Harbor, 34695

Treasure Island.  Treasure Island Beach Trail Park.  View fireworks from the beach.
10400 Gulf Blvd., Treasure Island, 33706

Clearwater.  Mostly Pops concert.  ALL FREE.  Spectacular fireworks display. Coachman Park
301 Drew St., Clearwater, 33756

Should I Buy a Home Now?

by Sun Bay Associates

I'm often asked if this is a good time to buy a home. Some clients are concerned that home prices may fall further than they have already. They are assuming that the best course of action is to wait for the bottom in the market and then buy. The problem with this approach is that you don't know where the bottom is until you see it in the rear view mirror, meaning until you've missed it!

Home prices are one factor in determining your cost of ownership, but so are interest rates and financing availability. Even though interest rates have gone up in the last six months, they are still near historic lows. Since your monthly mortgage payment is a combination of paying down your principal and paying the interest owed, if home prices come down a little further but interest rates go up, it could cost you even more to service a mortgage on an identical home!

While a home is a major investment, it is also the center of your personal life. It's important to live in a home that reflects your taste and values, yet is within your financial "comfort zone." To that end, it may be more important to lock in today's relatively low interest rates and low home prices, rather than to hope for a further break in prices in the future.

Please give me a call if I can be of any assistance in determining how much home you can afford in today's market.  For more information visit www.SunBayAssociates.com

Displaying blog entries 1-3 of 3

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Photo of Gwen and  Doug Campbell - Sun Bay Realty Group Real Estate
Gwen and Doug Campbell - Sun Bay Realty Group
at Keller Williams Realty
30522 US Hwy 19N, Suite 107 S
Palm Harbor FL 34684
Doug's Cell 727-741-4189
Gwen's Cell 727-741-7260
Fax: 888-447-7908