Chad Stewart is a Real Estate Pro with Rockford Realty Group. I personally update andmaintain my website and this blog. North Florida is a great place to live and work. I work with buyers and sellers for real estate in Lake City, FL, Columbia County, Florida & the surrounding areas. Check back frequently to this blog for Florida real estate news, Market info, technology updates more Lake City FL Real Estate info. Rockford Realty Group
Monday, December 18, 2006
There's positive news about the real estate market in 2007: Analysts note that interest rates will remain at historically low levels, homebuyers will see more opportunities and, nationwide, home prices will trend upward or remain stable in 2007.
Read the full story:
http://www.floridarealtors.org/NewsAndEvents/n4-121306.cfm
Friday, December 01, 2006
Friday, November 24, 2006
NEW REAL ESTATE SITE LISTS HEADY PRICES
You might have heard this piece of wisdom: A man with one clock always knows what time it is. A man with two clocks is never sure. The old saw applies to the rapidly expanding number of sites that estimate your home's value. First came Zillow (www.zillow.com) and its "Zestimates," which launched with a splash earlier this year. Realtors and consumer advocates gripe that Zillow's estimates are inaccurate and confusing. Now comes CyberHomes (www.cyberhomes.com), the Zillow-like site just launched by title insurance giant Fidelity National Information Services. Both sites make it nearly effortless to look up home values. So, The Palm Beach Post ran some homes currently listed for sale and compared the prices to the valuations offered by Zillow, CyberHomes and county property appraisers' sites. The results? The numbers are all over the place, with CyberHomes offering especially optimistic values. CyberHomes was above the asking price for four homes looked at. The lesson? Don't take these tools too seriously.
Copyright © 2006 The Palm Beach Post, Fla. Distributed by McClatchy-Tribune Business News. courtesty & credit to above & planetrealtor.
Saturday, November 04, 2006
Today’s homebuyers and sellers increasingly access information on real estate Web sites to become better educated about the housing market. A recent NAR survey found that 77 percent of buyers used the Internet to search for a home in 2005, compared to only 2 percent of buyers a decade earlier.
Read the full story:
http://www.planetrealtor.com/florida/news/daily/news.cfm?article=n3-11022006
Friday, October 27, 2006
At least one expert is advising Florida's snowbirds to make it official:
Declare legal residence in Florida and spend less time up north. In doing so, says Allan R. Lipman, an attorney licensed to practice law in both New York and Florida, snowbirds will save money in property taxes, courtesy of Florida's Save Our Homes (SOH) property tax cap -- a protection that does not exist in other states.
credit to
http://planetrealtor.com/Florida/News
Wednesday, October 11, 2006
ORLANDO, Fla. -- Oct. 10, 2006 -- A tougher housing market means that real estate practitioners must take every opportunity to get their listings noticed. Here are some ways that sellers can work with their practitioners to foster a faster sale:
• Exposure, exposure, exposure. Sure, it may inconvenient to have buyers visit the home at unpredictable times. But limiting the times at which buyers can view the house may mean that they’ll look at other homes instead. “More showings equals greater interest equals greater likelihood for more money,” says David Martz, an associate with Re/Max Valley Properties near San Jose, Calif.
• Lookers come; sellers go. Sellers should leave the house when buyers arrive. Having the sellers around can make buyers uncomfortable. “Their very presence can be contrary to the merchandising experience,” says John Dozier, owner of Cupertino Properties.
• Competitive commissions. Make sure the commission being offered to the buyer's agent is competitive, even if the seller’s agent is offering to take a smaller than usual commission. Otherwise, buyers' agents could focus on other homes first.
• No surprises. Don’t forget to mention things that could make a buyer or a buyer’s agent feel disappointed the first time they see the property: a bad roof, a foundation that needs major repairs. Disclose these flaws in the listing notes as well as the legal disclosures so buyer’s agents can prepare their clients before showing them the property.
Thursday, October 05, 2006
Despite a cooling housing market, real estate investment funds are up about 22.16 percent so far this year, and are on track to top the market for the seventh straight year, according to Lipper Inc.
Read the full story:
http://www.planetrealtor.com/florida/news/daily/news.cfm?article=n5-10042006
Wednesday, October 04, 2006
This is quite the article, Residential listing prices are making history, for the first tim ever prices have gone over $100 million dollars, thats $100,000,000.00 for a house!!!
Check out this article.
http://www.planetrealtor.com/florida/news/daily/news.cfm?article=n5-10022006
Pending home sales are up, a sign that a stabilization is taking place in the housing market, according to NAR. The index, based on contracts signed in August, rose 4.3 percent to a level of 110.1 from a reading of 105.6 in July, but it's 14.1 percent lower than August 2005.
Read the full story:
http://www.planetrealtor.com/florida/news/daily/news.cfm?article=n3-10032006
Friday, September 29, 2006
Have you checked out www.Trulia.com lately? Its still really just in the beta stage & runs a little slow, but there are some quite useful tools on there for finding home values, mapping software, etc.
The market analysis is very broad & not specific information or adjustment for advantages that your home may have. Feel free to email with any questions or if you would like additional market analysis done on your property.
Chad.
Saturday, September 23, 2006
http://www.realtor.org/RMODaily.nsf/pages/News2006092107?OpenDocument
Rates on 30-year mortgages fell this week to 6.40 percent, its lowest level in six months, according to Freddie Mac's weekly nationwide survey. Rates hit a four-year high of 6.80 percent on July 20, but investors' inflation fears have subsided, easing the pressure on mortgage rates.
Read the full story:
http://www.planetrealtor.com/florida/news/daily/news.cfm?article=n1-09222006
Sunday, September 10, 2006
It won't be much, but Florida homeowners -- especially those in counties with higher damage from sinkholes -- soon could see a dip in their skyrocketing homeowners insurance costs.
Read the full story:
http://www.planetrealtor.com/florida/news/daily/news.cfm?article=n3-09082006
Wednesday, August 30, 2006
The average 30-year, fixed-rate mortgage fell to 6.48 percent, the lowest since March 29, while the average 15-year, fixed-rate mortgage, popular for refinancing, dropped by a similar amount to 6.19 percent
Tuesday, August 29, 2006
http://www.orhp.com/
Wednesday, August 23, 2006
A good home in good condition in a good neighborhood offered at a fair price will still sell in a reasonable amount of time, experts say.
But in today's market, some owners want to offer a little extra incentive to help their home sell as quickly as possible. Here are some
suggestions:
• Pay homeowners' association fees for up to two years.
• Pay the buyer's home insurance for up to a year.
• Offer a bonus to the buyer's agent.
• Buy down the mortgage rate by a percentage point or two to lower the buyer's monthly payment.
• Pay closing costs.
• Replace all the appliances with new ones
Wednesday, August 09, 2006
Location! Location! Quiet & quality neighborhood, very close to schools, town, shops, & hospital.
This home features: Quality bathroom tile in large master bath, open floorplan, tall vaulted ceilings, accents, large back screened-in porch, back yard patio & more. Call for a personal tour today.
News reports focus on the large property insurers that are canceling policies and cutting back on coverage, but some small insurers see Florida as an opportunity for growth. Since the start of 2005, 24 new insurance companies have entered the state and opened their doors for business.
Read the full story:
http://www.planetrealtor.com/florida/news/daily/news.cfm?article=n5-08092006
Thursday, August 03, 2006
A drop-off in buyer demand and rising home inventories has made marketing a home more difficult. RealEstateJournal.com, The Wall Street Journal's guide to property, offers tips:
1. Size up the playing field. Study your local market and investigate other homes' listing prices compared to what buyers are actually paying.
2. Price competitively. Price a residence just below what the market will bear. If a home is overpriced, a buyer will dismiss it and move on to the next one.
3. Do your legwork. Use aggressive marketing.
4. Don't delay. Point out to a seller that even if an offer isn’t all he had hoped, taking it instead of waiting for a better deal can save money in the long run.
5. Negotiate. Recommend that sellers offer concessions to potential buyers, such as making minor fixes. Small expenditures speed a sale and, ultimately, preserve price gains.
Sunday, July 23, 2006
Friday, July 07, 2006
6 Simple Ideas for Beautifying a House(July 3, 2006) -- When potential buyers look at a half-dozen similar homes, chances are the one they will buy is the one they consider the “prettiest one,” says Mark Nash, real estate professional and author of "1001 Tips for Buying & Selling a Home."Here are a half-dozen tips for making sure that your customer’s home is the prettiest.
- Strip away the window coverings – especially heavy drapes – and replace them with simple shades, then have the windows cleaned by a pro.
- Update lighting fixtures. Replace stodgy chandeliers and ceiling fixtures with something contemporary.
- Remove all the old wallpaper. Some home buyers won’t consider a property if there is wallpaper on the walls.
- Get rid of ratty furniture and rent new pieces if necessary.
- Neutralize kids’ rooms – remove the evidence that the child is a boy or a girl.
- Get rid of all of the family pictures.
Thursday, July 06, 2006
1-1 thru 6-30 2005/2006 – Areas 1, 2, 3, 4, 13 Columbia County
Single family residential
2005 – 296 units, 125 dom. 146,402 avg. sale, 135,000 median sale – 43,334,865 volume
2006 – 274 units, 115 dom. 191,602 avg. sale, 176,000 median sale – 52,498,831 volume
Mobile homes
2005 – 111 units, 121 dom. 75,783 avg. sale, 65,000 median sale – 8,411,901 volume
2006 – 95 units, 123 dom. 91,103 avg. sale, 85,000 median sale – 8,654,787 volume
Residential lots
2005 – 193 units, 377 dom. 60,585 avg. sale, 31,500 median sale – 11,692,932 volume
2006 – 76 units, 180 dom. 78,574 avg. sale, 60,000 median sale – 5,971,650 volume
Acreage
2005 – 160 units, 133 dom. 81,664 avg. sale – 13,066,262 volume
2006 – 110 units, 109 dom. 143,213 avg. sale – 15,753,474 volume
Tuesday, June 27, 2006
Florida's housing sector in May continued to adjust to changing market conditions, including a greater inventory of homes available for sale in many areas. A total of 18,680 existing single-family homes sold statewide last month, a decrease of 24 percent from a year earlier, according to FAR. Meanwhile, the statewide existing-home median price rose 11 percent to $256,400.
Read the full story:
http://www.planetrealtor.com/florida/news/daily/news.cfm?article=n1-06272006
Monday, June 19, 2006
http://www.realtor.org/RMODaily.nsf/pages/News2006061301?OpenDocument
http://www.realtor.org/RMODaily.nsf/pages/News2006061201?OpenDocument
Wednesday, June 07, 2006
a new report released reports that people going it alone selling their own house as a FSBO average $210,000 verses the average house sold with the assistance of a Realtor is $255,000. Thats a difference of $45,000!!!!
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Here are some other very interesting facts:
87% of homebuyers in Florida used a real estate professional in 2005.
15% found their home online.
The median household income of homebuyers in Florida was $73,200
First time Florida homebuyers accounted for 22 percent of home purchased in the state in 2005, & they had a median income of $49,400
64% of recent Florida homebuyers ranked neighborhood quality as the most important factor influencing the location of thier home purchase.
85% of Florida homebuyers financed thier home purchase, and 18% financed the entire purchase price
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Best regards,
Chad Stewart, Sales Associate
tel: 386-755-0808 / fax: 386-755-0805 / CELL: 386-867-1782
426 SW Commerce Dr. / Suite 130 / Lake City, FL 32025
WWW.CHADSTEWART.COM
TOLL FREE 877-871-0808 / DIRECT : 386-487-1463
Monday, June 05, 2006
This story is the complete property & credit to http://www.fhba.com/
Friday, May 26, 2006
Trulia (http://www.trulia.com/sle/u=sle_fl/3/f1ncb21jxc_2754&s=), the Real Estate Search Engine that lets you perform customized residential real estate searches, today announced that it has expanded its coverage to include Florida. Trulia dramatically simplifies and enhances the process of real estate search by offering users a single destination that searches multiple brokerage websites and integrates valuable historical information and mapping into many property listings. Check it out and tell all your friends!
http://www.trulia.com/FL/Lake_City/
Feel free to call or email Chad Stewart, real estate agent & Realtor with Westfield Realty Group in Lake City with any comments or questions.
Wednesday, May 24, 2006
These are new homes that are listed, price changes, or other updates with homes for sale, land, acreage, residential lots & commercial real estate activity in this area. For further information contact Chad Stewart with Westfield Realty Group.
http://www.chadstewart.com/Property_Updates.html
Residential lots updates.
http://www.chadstewart.com/residentiallots.html
Homes in the $129,000 to $199,999 price range.
http://www.chadstewart.com/LakeCityFLaffordablehomes.html
Homes in the $200,000 to $299,999 price range.
http://www.chadstewart.com/LakeCityFloridaHomes.html
Homes in the $300,000 to $399,999 price range.
http://www.chadstewart.com/LakeCityFLhomeforsale.html
Homes in the $400,000 and above price range.
http://www.chadstewart.com/400kplushomes.html
Commercial properties in Lake City, Florida updates.
http://www.chadstewart.com/CommercialProperties.html
Check out this article, courtesy of www.lakecityreporter.com
Melrose claims honors among FCAT improvers
Melrose Park Elementary School has been recognized as one of the top 10 schools in the state for students making improvements on the writing portion of the Florida Comprehensive Assessment Test.The listing is composed of schools that had the highest increase in the percent of students scoring 3.5 and above on the 2006 FCAT writing over the previous year.According to Department of Education reports, Melrose Park tied for No. 7 in the state with Apalachicola Bay Charter School for the honor.
Click here for article - Registration required.
Friday, May 19, 2006
Things are looking up for the commercial real estate market. According to NAR, the expanding economy is pulling commercial real estate along with it, creating strong demand for space as institutional investors return to the market.
Read the full story:
http://www.planetrealtor.com/florida/news/daily/news.cfm?article=n2-05192006
Friday, May 12, 2006
http://www.realtor.org/RMODaily.nsf/pages/News2006050901?OpenDocument
Homebuyers categorized as belonging to Generation X or Generation Y are outspending the baby boomers in their first home purchase, and spending a larger part of their salaries on housing costs, according to a recent survey conducted by Century 21 Real Estate.
Read the full story:
http://www.planetrealtor.com/florida/news/daily/news.cfm?article=n4-05112006
Thursday, May 04, 2006
By LINDA YOUNG lyoung@lakecityreporter.comWednesday, May 3, 2006 10:45 PM EDT
More people will soon have city water and success with repairing leaky sewer pipes means the city can continue to issue wastewater permits.The Lake City City Utility Committee gave thumbs up to a proposal to share costs for installing water lines to areas that want city water. Committee members heard a report on the progress that public works crews made on eliminating infiltration of stormwater into the city sewer system.
Click Here for full story.
By TONY BRITT tbritt@lakecityreporter.comWednesday, May 3, 2006 10:44 PM EDT
The Columbia County Board of Commissioners has taken its first major step into establishing a utility in Ellisville, at the intersection of Interstate 75 and U.S. 441, and there is a chance the City of Lake City could be involved in the project.Board members met with Eutaw Utilities Inc. representatives, the consulting firm the board hired to conduct a utility study, Wednesday for a Commissioners' workshop where they discussed two options that would make the utility a reality.
Click for full story.
Monday, May 01, 2006
http://www.realtyblogging.com/
http://www.realestatetrendsreport.com/
http://www.realblogging.com/
Thanks for reading my blog. If you enjoy what you are reading here. Send me a message.
http://www.chadstewart.com/Contact.html
Wednesday, April 26, 2006
http://chadstewart.panosys.com/featured.php?listnum=51109&proptype=V
By MARTIN CRUTSINGERAP Economics Writer
http://www.breitbart.com/news/2006/04/26/D8H7Q0MGF.html
Wednesday, April 19, 2006
Statistically, a leveling off of the housing market is apparent. However, a number of unknowns exist, such as the future direction of long-term interest rates, and even the experts have trouble predicting what will happen next.
Read the full story:
http://www.planetrealtor.com/florida/news/daily/news.cfm?article=n2-04192006
March housing starts dropped 7.8 percent below February's revised estimate, and building permits -- an indicator of future activity -- fell 5.5 percent, the Census Bureau reported today. Economists had predicted a smaller decline.
Read the full story:
http://www.planetrealtor.com/florida/news/daily/news.cfm?article=n2-04182006
Monday, April 03, 2006
Chances are, not too many unless you are listed on Realtor.com. Even the most popular for sale by owner listing website, http://www.forsalebyowner.com/ is far, far outranked by http://www.realtor.com/
When you list a house with Chad Stewart , you always get your listing on Realtor.com with preferred status & extra features even more than many others on Realtor.com. Plus you also get a listing on www.chadstewart.com
Friday, March 31, 2006
.... Read on below ......
Retail Rents Hit New Record in ManhattanManhattan's retail rents are soaring higher than ever with a new record asking price of $1200/square-foot at one prime spot on Madison Ave. The wraparound street frontage on the prime corner at 600 Madison Ave. and 58th St. is makes the property so pricey. Asking rents in the area already range between $700 and $1000/sf. But getting more than $1000 would be brand new territory. Newmark Knight Frank Retail is representing Lawrence Rubin Co. in the lease deal for 600 Madison. At $1,200 per sf for about 12,000 sf of ground floor space, the annual rent would total almost $15 million per year.
Thursday, March 30, 2006
http://www.buymilehi.com/
Wednesday, March 29, 2006
By TONY BRITT tbritt@lakecityreporter.comTuesday, March 28, 2006 10:49 PM EST
Money Magazine has named Columbia County as one of the 100 fastest growing counties in the nation, based on the rate of population gains from the latest Census Bureau statistics.
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Click here for full story. Registration or account required.
http://lakecityreporter.com/articles/2006/03/29/news/local/news02.txt
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According to a report released in the magazine last week, Columbia County was listed as the No. 98 fastest growing county in the United States.Flagler County was listed as the No. 1 fastest growing county on the list, which also included 13 other Florida counties.Population information on the list was based on information from the nation's 3,141 counties, which listed Columbia County as having a population of 64,040 people
Sunday, March 19, 2006
http://www.mortgage.com/
Also visit www.chadstewart.com
Saturday, March 18, 2006
Friday, March 17, 2006
$469,900
Per Property Appraiser records, its approximatley 3951 sq ft heated & cooled, & 6198 under roof. Incredibly gorgeous Lake Front property. Beautiful back yard. 2 story home has large covered decks, screen porches, built in BBQ, separate apartment.
Tuesday, March 14, 2006
All together now: The three major consumer credit reporting agencies announced Tuesday that they have created a new credit score aimed at simplifying the loan process for both lenders and borrowers.
Read the full story:
http://www.planetrealtor.com/florida/news/daily/news.cfm?article=n3-03142006
Sunday, March 05, 2006
2 rentable residential units in Lake Ctiy for only $120,000. Located in the middle of Lake City, FL near a Lake & a few blocks from the VA medical center. There is a 2 bdrm & 1 bath unit & also a 1 bdrm with 1 bath unit. Both have kitchen & family room. Contact Chad Stewart at Westfield Realty Group 386-487-1463.
Friday, March 03, 2006
Today, 85 percent of homebuyers schedule a home inspection compared to a mere 5 percent in the 1980s. But with a cost of $150 to $600, some homebuyers opt to inspect a home themselves. A few free or low-cost services can help.
Read the full story:
http://www.planetrealtor.com/florida/news/daily/news.cfm?article=n5-03032006
Monday, February 20, 2006
Thursday, February 16, 2006
Sherman-Williams Paint Visualizer
Benjamin Moore Personal Color Viewer
Behr ColorSmart
Friday, February 10, 2006
Richard Barton, the creator of online travel company Expedia, is introducing a beta version of a real estate information Web site that gives consumers free home valuations and neighborhood data.The Web site, Zillow.com, uses tax records, sales histories, and prices of comparable homes in the neighborhood to calculate a home value estimate — or “Zestimate,” as it’s referred to on the site. More than 60 million homes are currently included in the Web site’s database, but that’s just the beginning, says Barton, who sold Expedia.com in 2003 after revolutionizing the travel business. "Consumers will make better decisions and become smarter," he says. "People want to be empowered with information so they can take control of what is scary and difficult and fraught with frustrations."Seattle-based Zillow doesn’t provide sales listing information on its Web site, at least for now.
Monday, February 06, 2006
Info from reading the Lake City Reporter http://www.lakecityreporter.com/,
Friday, January 20, 2006
http://luxuryportfolio.com/
http://www.realtor.org/RMODaily.nsf/pages/News2006011701?OpenDocument
Thursday, January 19, 2006
SOUTH FLORIDA -- Jan. 19, 2006 -- Office and industrial space will remain scarce across South Florida this year, leading to higher rental rates and giving landlords even more leverage than they have now, two leading real estate brokers say.
http://www.planetrealtor.com/florida/news/daily/news.cfm?article=n2-01192006
Tuesday, January 17, 2006
Saturday, January 14, 2006
-- Home stager Barbara Cooper-Corcoran believes small homes should be staged to increase the chances of a quick sale.
She estimates that staged homes command $15,000 to $20,000 more than they would have without the makeover. According to Cooper-Corcoran, homeowners should use neutral colors for carpeting and walls to make rooms look more spacious. Getting rid of clutter and keeping a small amount of furniture in the home can also be useful. Cooper-Corcoran also recommends replacing door handles, cabinet hardware, and bathroom faucets to jazz up the place without spending too much money.
Former NATIONAL ASSOCIATION OF REALTORS ® President Dorcas Helfant, who says small homes are in high demand among first-time buyers due to soaring prices, suggests adding a second bathroom if interior space is available. Source: Chicago Tribune (01/06/06); Martin, Ellen James
Monday, January 09, 2006
In a rapidly growing town where rentals are in high demand, people are beginning to search for solutions. Many renters and property owners say that as Lake City develops, more apartments need to be built.“Lake City is growing so fast that we've got to (build more rental units),” said Al Milton, member of the Columbia County Builders' Association.Some local landlords and builders say there may not be many new rental units being built because the city is “at capacity” on its sewage system.
All credit to lakecityreporter.com
Monday, January 02, 2006
http://www.propertybbs.com/sale_detail.php?id=5052&county=Columbia&s=0
http://www.propertybbs.com/