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My Blog
Please read...there is far too much misleading info floating in the market place.
There is a misleading email circulating throughout the Country that claims there will be a new sales tax on home sales. I have received it from a few of our members recently.
NAR sent a news release out that was posted in the Florida Realtors Early bird yesterday. I thought Id share it just in case you didnt see it.
NAR addresses media misconceptions
WASHINGTON April 27, 2010 The National Association of Realtors® (NAR) wants to clarify a provision included in U.S. healthcare reform legislation that it says is being widely misinterpreted in print and online reports.
According to NAR, many Americans believe the bill demands a blanket 4 percent sales tax or transfer tax on residential property deals beginning on Jan. 1, 2013.
While the proposal does indeed seek a new Medicare tax of 3.8 percent for some high-income households that have "net investment income," NAR says, the levy applies only to single homeowners with more than $200,000 in Adjusted Gross Income (AGI) and married homeowners with AGI of $250,000 or more.
Moreover, NAR says that many media reports fail to consider that even with that threshold, existing real estate laws governing capital gains exclusions on the sale of a primary home remain in place. That means that the new Medicare tax would only apply to any profit from a home sale above and beyond the $250,000 capital gains exclusion for single taxpayers or the $500,000 exclusion for married filers and, even then, only if that gain pushes the filer's AGI over the $200,000 or $250,000 AGI limit. (http://www.appliancemagazine.com/news.php?article=1387714&zone=0&first=1<javascript:HandleLink('cpe_0_0','CPNEWWIN:NewWindow%5Etop=10,left=10,width=500,height=400,toolbar=1,location=1,directories=0,status=1,menubar=1,scrollbars=1,resizable=1@http://www.appliancemagazine.com/news.php?article=1387714&zone=0&first=1');>)
For more information on the new tax, visit NAR's website at: http://www.realtor.org/small_business_health_coverage.nsf/Pages/health_ref_faq_med_tax?OpenDocument<javascript:HandleLink('cpe_0_0','CPNEWWIN:NewWindow%5Etop=10,left=10,width=500,height=400,toolbar=1,location=1,directories=0,status=1,menubar=1,scrollbars=1,resizable=1@http://www.realtor.org/small_business_health_coverage.nsf/Pages/health_ref_faq_med_tax?OpenDocument');>
Source: Appliance (04/10)
Copyright 2010 INFORMATION, INC. Bethesda, MD (301) 215-4688
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This is such a tribute to our town from a very respectable source, the National Geographic magazine. Click here to read
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Certainly not surprised with the low interest rates and increased consumer confidence that our market is showing signs of improving. Competing buyers, market time shortening, increased number of showings on my listings and a low supply of homes in some markets are the signs that I look at when assessing my market, which is St Augustine!My listings are being shown more often now than 6 months ago and I have price ranges from $73,000 to $850,000. In June, my supply of listings dwindled to an all time low over the last 6 years...a very good sign for my sellers. End of July through September has been relatively quiet.
Presently,
I have 4 new listings this month so I will report back in 30 days of how these are moving in the market. This is St Augustine's slow market time, as it is in most markets across the country...the clock falls back and so does the real estate market. We will see increased listings and sales at the end of January or beginning of March.
Back with you soon.
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I have known for well over a year that video is so important in our market. I know that stats have changed according to REALTOR.com regarding buyers and sellers...96% all use the internet before they contact a Realtor! I know the most important features to a listing agent to post on line to bring buyers to the listing are 25 photos, a virtual tour and video. I always thought video meant a 2 min. post of me talking while showing the potential buyer around but yesterday when I viewed an option that appealed to me...I was ok...lets do it. This is my first video which was posted to utube yesterdayhttp://show-vid.com/view/pdckp28
You can view it by copying it and pasting it in your address bar. A local company is now doing all my listings so they all have all they need to be out there for all seeking to see! I can send you their info. if you wish to pursue this avenue for advertising too! Just email me at shelley.trela@prunet.com
Have a glorious day...it is beautiful here today.
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So the rest of the world will know...http://www.cnn.com/2012/07/10/travel/beautiful-religious-sites-us/index.html?hpt=hp_c3
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Tidbits of information.We have been experiencing absolute perfect weather...somewhat October like. The day temperatures have hovered in the mid 80 degrees and at night in the low 70 Degrees. It does not get better than this. It is very unusual for this time of year.Just a mere 2 weeks from now, will be the 4th of July. We have terrific fireworks display each year on this date with simultaneous music broadcasted and played in the gazebo in the center of the historic district. We literally have over 100,000 people in town for the event.
St Augustine is having a real estate boom, which is not relative to the mid 2000 years, but the best market we have had in over 6 years and I for one am very thank filled. We actually are selling within 5 months of listing as an average county wide but Anastasia Island's market time is far less for 3.2 homes, 3 months and we need more. So if you are a seller and thinking about selling your home, call! Please!
July 6 is First Friday Art walk. All the local galleries are open till 9:00 PM and most have live music and definitely wine and light snacks. It is one of my favorite nights of the month. The historic district is full of happy people, living life and sharing their love of Art!
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Tidbits of information.We have been experiencing absolute perfect weather...somewhat October like. The day temperatures have hovered in the mid 80 degrees and at night in the low 70 Degrees. It does not get better than this. It is very unusual for this time of year.Just a mere 2 weeks from now, will be the 4th of July. We have terrific fireworks display each year on this date with simultaneous music broadcasted and played in the gazebo in the center of the historic district. We literally have over 100,000 people in town for the event.
St Augustine is having a real estate boom, which is not relative to the mid 2000 years, but the best market we have had in over 6 years and I for one am very thank filled. We actually are selling within 5 months of listing as an average county wide but Anastasia Island's market time is far less for 3.2 homes, 3 months and we need more. So if you are a seller and thinking about selling your home, call! Please!
July 6 is First Friday Art walk. All the local galleries are open till 9:00 PM and most have live music and definitely wine and light snacks. It is one of my favorite nights of the month. The historic district is full of happy people, living life and sharing their love of Art!
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Today is one of those days in St Augustine that I would characterize by the word "pretty". Medium blue sky with puffy white clouds and a cool spring breeze. It will be 80 degrees today. This is the time of the year, just prior to the hot days of summer, that we enjoy the peaceful breezy days! Next weekend will be Memorial Day and that is the official first day of summer: beach days, restaurants full, the historic district full of admirers and an immediate change to the local atmosphere. But that is what St Augustine is all about...people from all over the world come to see what is the oldest city in America all about. Summer is the busiest time to welcome newcomers.
I came here during Easter break, that is a busy time here too. It is like an insight to summer time.
I only needed one visit to know that this was where I was to be. My family moved here less that 60 days later. Listed our home, sold it on day one, got a great job in the week we were here and moved! Fate! Well, I can only say thank you because this is my paradise! It was a wonderful place to raise my 2 small children. The schools are terrific!
I love the changes of the seasons, the amazing community of people, and the environment. From old structures and cobble stone streets to the silky white sand of our beach...those are feasts for the eyes!
I know everyone on earth can not settle in my paradise but they all should take a gander!
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http://www.jongordon.com/documents/20TipsforAPositiveNewYear2012.pdf
I am all about starting the new year in a positive and healthy frame of mind. But I always find that if I post my commitments above my desk, I tend to read them and enjoy the changes that they create.
Jon Gordon is one of my favorite authors...he posted the tips above so I am sharing the link with you too!
I thank you for reading my blogs, using my web site and for your friendship and business. I hope you will continue to value my friendship and service. My very sincere thanks.
Happy new year.
Shelley
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National Geographic has included St Augustine in the Top 10 places in the world to see holiday lights.
http://travel.nationalgeographic.com/travel/top-10/holiday-lights-photos/
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Equal Housing Opportunity.
