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May 2011

Volume 4 Issue 5

Pam Wilhelm, Realtor;


New Home Specialist
Transinternational Referral Certification

Tampa Bay International Council

(727)237-4288
Email: pamspremierproperties@gmail.com Existing Homes Sales Rise in Most States
Web: http://www.pwilhelm.prudentialtropical.com

Existing home sales continued quarter 2010. homes sold for $100,000 or less
to recover in the first quarter Distressed homes typically in the first quarter was 8.9 per-
with gains in 49 states and the sold at a discount of about cent higher than the first quarter
Inside this issue: District of Columbia, while 22 2010, creating a downward skew
20 percent, and accounted
percent of metropolitan areas for 39 percent of first quar- on the overall median home
Existing hones Sales 1 saw prices rise from a year ago ter sales, up 36 percent a price.
according to the NATIONAL year earlier. The share of all-cash homes pur-
Americans say buy 1 ASSOCIATION OF REAL-
TORS. Yun said lower priced homes
have seen the best sales per-
Color Power 2 Single family homes and con- formance. ―The biggest sales
dos rose 8.3 percent to a sea- increase has been in the
6 Worthwhile Fix-ups 3 sonally adjusted annual rate of lower price ranges, which are
5.14million in the first quarter popular with investors and
Falling Dollar and Impact and are only 0.8 percent below cash buyers.‖ he said. ―The
3
a 5.18 million pace during same preponderance of sales activ-
period in 2010. ity at the lower end is bring- chases rose 33 percent in the
Just for Laughs 2 first quarter from 27 percent in
Lawrence Yun , NAR chief ing down the median price,
so what we‘re seeing is the the first quarter 2010.
economist, said home prices
Property of the Month 4
are all over the map. The na- result of a change in the Investors accounted for 21 per-
tional median existing single composition of home sales.‖ cent of the first quarter transac-
family home price was Although sales are slightly tions, up from 18 percent a year
$158,700 in the first quarter, below a year ago, volume of ago.
down 4.6 percent from first

Gallup Poll: Americans Say Buy Now


With dropping home valuesin can expect to spend about 17 Gallup poll. Americans with
many markets mixed with in- percent of her monthly gross higher incomes also expressed
terest rates at historical lows, income on a mortgage which more of an interest in home
homes are more affordable compares to a 25 percent aver- ownership, according to the
now than they‘ve been in the age since 1975. Zillow reporte. Gallup poll. Americans who
last 35 years. Reports Zil- Nearly 70 percent Americans make $75,000 or more a year
low.com say now is a good time to buy a are 18 percent more likely to
The average buyer nowadays home, according to a recent say that 2011 is a good time to
buy a home..
Page 2 Volume 4 Issue 5

Color Power
Remind Sellers and Buyers that and many others used color to and optimism. Studies have
paint can powerfully alter the mood heal,‖ Zimmer says. shown that the brain actually
of a room Green Popular and versatile, releases more serotonin when
green has a soothing effect. It the eye takes in yellow– creat-
If fact, paint color is so power- ing positive psychological
ful that it can influence not also represents renewal, youth,
and vigor. vibes.
just our state of mind but even
our physiology. Says Debbie Red It bespeaks energy and Orange Has energy and
Zimmer, color expert at the excitement, actually making the warmth. Muddy shades are
Paint Quality Institute in Phila- heart beat faster. Because it is useful in many rooms, but
delphia. associated with desire and pas- vivid tones may appear raw.

Blue. Blue has been shown to sion, it‘s a perfect color for Purple Zimmer suggests that
slow pulse rate and lower body dining rooms and adult bed- people reserve this color for
temperature, making it great rooms., says Zimmer their daughter‘s room.
for bedrooms. ‗The ancient Yellow. A great interior What about non colors? Black
Egyptians , Native Americans, color,m it imparts happiness is a great accent color impart-
ing elegance, use sparingly

Just for Laughs

The stockbroker received notice from the IRS that he was being au-
dited. He showed up at the appointed time and place with all his
financial records, and then sat for what seemed like hours as the ac-
House too small? Now is countant poured over them. Then finally, the IRS agent looked up
the time to Move Up...
and commented, “You must have been a tremendous fan of Sir Ar-
Call Pam today to set up
an appointment
thur Doyle.” “Why would you say that?” wondered the broker.
(727) 237-4288
“Because you’ve made more brilliant deductions on your last three
returns than Sherlock Holmes made in his entire career.

Thought for the Day


Others have seen what is and asked why. I
have seen what could be and asked why not.
-Pablo Picasso
Volume 4 Issue 5 Page 3

Falling Dollar and the Impact on Real Estate


Daily Real Estate News/ just an unwinding of the products abroad.
April.29th 2011/by Lawrence strength of the dollar during Whichever way one‘s take on
Yun, Economist NAR the 2008/09 financial crisis. the desirability or undesirability
The U.S. Dollar has been Another reason is that Ameri- of the falling dollar goes, one
weakening for the past two cans buy far more imported this is clear as related to the
years and the depreciation foreign products in relation to dollar‘s impact on real estate.
could continue for the remain- exporting U.S. made products Right now the U.S. real estate
der of the year. The dollar is abroad. is cheap, from the prospective
weaker not only against the To help rebalance this persis- of the foreign buyer, which
major currencies of the Euro, tent trade deficit, the weaken- may mean more international
Pound, and the Yen, but also ing U.S. dollar –in theory– is purchases this year.
against the Russian Ruble, supposed to help Americans
Mexican Peso, and Brazilian buyer fewer foreign products
Real. Why? One key reason is and help sell more American

6 Worth-the-Price Fix-ups
Simple and affordable do-it- Cost $290, Return $1,990 Add fresh mulch, flowers, and
yourself projects can greatly 2.Brightening. Clean windows pruning of exiting plants. Cost
increase your homes resale inside and out, update light $540, Return, $1.932
value according to fixtures Cost $375, Return 5. Repairing Electrical and
HomeGain’s annual home $1,550 Plumbing. Fix leaks under
improvement survey. sinks, Update outlets and lights
3.Smart Staging. Rearrange
Here are six projects under furniture, bring in matching that don‘t work. Cost $535
$1000 that made the list. accessories. Cost $550, Return, Return $1,505
Need to Move Up? Now is the
1. Cleaning and Declutter- $2,194 6. Replace or Shampoo Car- time to buy! Call today for list
ing. Remove personal items 4. Landscaping Enhancements. pets. Cost $647, Return $1,739 of available homes (727)237-
and make home sparkling. 4288

Trinity Relay for Life Big Success


April 29-30 Mitchell High the decorations and costumes. around the track. There was a
School— The Trinity Annual Our booth was a quickie mart man dressed as a banana that
Relay for Life Event was a selling hotdogs, hamburgers, ran all night! At the end of it
total success. The theme this and our famous,‖ Krusty Bur- all the Event had reached its
year was ―Tooning Out Can- ger‖ ; a hamburger between 2 goal of $129,000 for Cancer
cer‖. Every team was dressed Krispy Creame donuts. It was Research. We all had a great
in their favorite cartoon char- a hit , we had to go out twice time and look forward to next Crazy Hairdo‘s
acters. My team was ―The to buy more buyers and year!.
At 2011 Annual Relay 4 Life
Simpsons‖. The Seven Springs donuts!. The Event lasted all
Rotary did a bang up job with night, with various themed laps
Are you tired of waiting for your house to sell?
Pam Wilhelm
Are you tired of agents not keeping their promises?
What if I could tell you that “
I can sell your house for more money
And in less time
9108 US Hwy 19 With no hassles
Port Richey, FL 34667
Cell: (727) 237-4288
Fax: (727) 378-5244 Call today for your personal
E-mail: pamspremierproperties@yahoo.com home evaluation. Let me show
you how we can get the most for your biggest investment.

Check out : Call Pam today at (727) 237-4288


www.pwilhelm.prudentialtropical.com

Delivering A World Class Experience


….One Client At A Time

New Listing $1,350,000


Imported Italian Crystal
Chandeliers, French Coun-
try kitchen, marble floor,
custom spiral staircase, ele-
vator, and remote control
boat lift . Sophistication at
its Best!
Living Room Entry
Madeira Beach

Call me today for


showing!
(727)237-4288 kitchen Pool
Master Bedroom

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