All Blog Entries by Lee Cameron

There are currently 32 blog entries published by Lee Cameron.

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Some Encouraging Stats for Casselberry 32707

Thursday, September 2nd, 2010 at 1:26pm. 48 Views, 0 Comments.

The average sold price in Casselberry is up almost $10,000 this month! If you get anything at all out of this blog, that's the info you should get. There is still some life in the housing market, people are still making sales and buying homes, and the average sold price of single family homes in Casselberry has gone up almost $10,000 in the last month.

Here are some current Casselberry numbers from the 32707 zip code:

There are currently 207 Single Family Homes on the market.
The average listing price of these homes is $167,022.
The average square footage of these homes is 1,707.

There are currently 41 Townhomes on the market.
The average listing price of these homes is $108,317.
The average square footage of these homes is 1,410.

There are currently 41…

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The Market Is Falling Again; Someone Throw Us a Rope!

Thursday, September 2nd, 2010 at 10:38am. 36 Views, 0 Comments.

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Things were looking optimistic there for a while. The market was slowly, carefully climbing. Then it was holding steady. Now, unfortunately, those signs of life have flatlined again. Existing home sales fell more than 27% across the nation last month, hitting the lowest level in decades.

So what happened? Likely, much of the decline can be attributed to the expiration of the $8,000 first-time home buyer's tax credit. This credit brought skittish first-time buyers to closing tables across the country and seemed to really give the market a tangible - but temporary - boost. Couple that with the never-ending flood of foreclosure properties and short sales that banks continue pour into the market and we're due to watch the market decline for some time…

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Resale Fees or How I Learned to Stop Worrying and Love the Ban

Thursday, August 26th, 2010 at 1:58pm. 41 Views, 0 Comments.

Can you imagine having to pay a fee to the original builder of your home when you resell it? Think your buyers imagine having to do the same when they're ready to sell? How about the buyers after that? If some developers get their way, that's exactly what would happen.

It's called a "resale fee" and it's certainly nothing new to anyone who's ever owned a condo or a townhouse. Typically, these homes require that a percentage of the sale price is due to the community whenever a home sells. The money from these resale fees - or "flip taxes", as they're sometimes called - goes into the community's funds to help with repairs, maintenance and many of the other benefits that such communities are expected to provide.

But some homebuilders are trying to include…

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Winter Park Pines Statistics

Tuesday, August 24th, 2010 at 9:48am. 36 Views, 0 Comments.

The Winter Park Pines is a very large community of homes in the heart of Winter Park. So big that it contains numerous other neighborhoods, a popular golf course, and one of Central Florida's best high schools within its borders, you'll always find very nice homes for sale in the Pines. Let's take a look at some stats.

In the last two months, Winter Park Pines has had nine homes on the market with an average listing price of $230,810. These homes are 3-5 bedroom homes with 2-3 bathrooms and an average square footage of 1,781. Four of the nine homes are bank-owned or short sale properties.

In the past year, 26 properties were sold in the Pines.

- The listing prices for these homes ranged from $99,500 to $329,900.

- The final sold prices for these homes…

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The Alabama Condos

Tuesday, August 10th, 2010 at 1:32pm. 46 Views, 0 Comments.

The Alabama is one of the oldest and most prestigious communities in all of Winter Park. Located just across the street from Kraft Azalea Gardens, this stately former hotel has stood on a hill overlooking Lake Maitland since 1921.

Demand is high but vacancies are rare. In the last two years, only a single unit has been sold in the building. Currently, there are only two units on the market for sale. The average price for these 2 bedroom, 2 bath units is $337,250. The average square footage is 1,787.

Aside from its impressive grounds and history, The Alabama also features a community pool, exercise room, sauna, entertainment spaces, covered reserved parking, and a private dock on Lake Maitland. Low maintenance lakefront living really doesn't get much…

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Updated Lakehurst Statistics

Tuesday, August 10th, 2010 at 10:13am. 41 Views, 0 Comments.

Lakehurst is one of those wonderful Casselberry communities that I love to talk about. With a great location right on Lake Howell, beautiful grounds and a slew of amenities, this gated community is one of the best around.

In the last three months, Lakehurst has had 3 homes go on the market with an average listing price of $301,433. These homes are 4-5 bedrooms with 2-4 bathrooms, with an average square footage of 2,661. One of these homes is bank-owned and another is a shortsale.

Now let's take a look at how Lakehurst has done in the market over the past 12 months.

- Over the past year, 5 homes have been sold in Lakehurst.

- The listing prices of these homes ranged from $304,500 to $550,000 with an average listing price of $342,918.

- The final…

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Oak Harbour Statistics

Thursday, August 5th, 2010 at 10:07am. 37 Views, 0 Comments.

Oak Harbour is a wonderful condo and townhome community in Altamonte Springs, just off of Maitland Blvd and close to Uptown Altamonte's shopping, dining and entertainment. The neighborhood features beautiful, tree-lined streets with a canopy of branches that provides great shade. The grounds are well-kept and the gated neighborhood features a community pool, clubhouse, fitness center, tennis courts, BBQ patios and boat ramp access to beautiful (and ski-able!) Lake Orienta.

In the last two months, Oak Harbour has had 4 homes go on the market with an average listing price of $139,100. These homes are 2 bedroom, 2 bath with an average of 1,430 square feet.

Now let's see how Oak Harbour has fared over the last 12 months.

- There were a whopping 17 homes…

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Sausalito's Updated Statistics

Thursday, August 5th, 2010 at 10:07am. 43 Views, 0 Comments.

Let's talk about the new updated statistics for one of my favorite neighborhoods - Sausalito in Casselberry. I know, I've talked about Sausalito before, but as a former resident I really can't help singing the praises of this beautiful, affordable community. With amenities like tennis courts, a playground, a clubhouse and private access to Lake Howell, you really can't go wrong.

In the last two months, Sausalito has had three homes go on the market with an average listing price of $152,133. These homes have 2-3 bedrooms and 2 baths, and an average square footage of 1,507. One of the homes - a 2 bedroom, 2 bath, 1213 square foot home priced at $129,900 - is a bank-owned property.

Now let's look at how Sausalito has done over the past year.

- There…

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Saving Money and Staying Cool

Tuesday, August 3rd, 2010 at 9:29am. 63 Views, 1 Comments.

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Whew, it's nice to get back into the air conditioning. I don't know about you, but during summers like this I just love to come back to the comfortable oasis of a constantly chugging A/C. Of course, that's a luxury that we really have to pay for, isn't it?

It's estimated that Americans spend more that $22 billion a year just to run their A/Cs and cool their homes. How much was your electric bill last month? If it was anything like mine it probably feels like you contributed a big chunk to that $22 billion. But don't worry. There are ways you can reduce those costs without sacrificing your comfort.

Ceiling Fans
A Central Florida staple since the mid-1800s (when running water was used to power the spinning blades instead of electricity), ceiling fans…

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Getting the Best Out of Remodeling

Tuesday, July 27th, 2010 at 11:54am. 59 Views, 0 Comments.

Years ago, when the housing market was booming, the economy was healthy and the sky was filled with rainbows and flying unicorns, remodeling your home was considered a good investment. You were almost certain to get your money back - and then some - when you decided to sell. Unfortunately, those days are no more.

Though you're no longer guaranteed to earn your money back, remodeling can still pay off if you make wise choices about what you do. Here are a few tips:

 

- Fix What's Already There

Sure, it's tempting to add that extra game room, or that huge bathtub with the jets. Buyers may even thank you for it in the end (though don't expect them to raise their offers that much more). But what buyers won't thank you for are repairs. With a flooded…

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