Annette Lawrence's Blog

It’s not a secret. I’m not a fan of the big banks. However, instead of ranting today brings GOOD NEWS.

Repeatedly, we hear small business owners and home buyers report the big bank in which they have all their money saved will not loan them a dime! Only after a season of repeated rejection do they finally arrive at the door of the last financial institution left, the community bank.

The article below if from National Public Radio and was broadcast May 25, 2012 on the Moring Edition. For the purpose of expediting the acquisition of funding, NPR.org reveals a new service is providing a grading service of banks across the USA. Through a letter grading process a borrower can easily identify the local banks who have a history of supporting the community with business loans and housing loans.

The alternative to ‘big banks’ just become eaiser to find. Sure, use the biggies for a pre-qual, but do business with the banks who invest in your community.

Link to the National Public Radio story.

http://www.npr.org/2012/05/25/153610068/in-tight-credit-market-a-tool-for-small-businesses

CHECK IT OUT!
bankinggrades.com  (enter your zip code for grades for banks in your area)

A litte about how it works
Banking Grades is based on data gathered from quarterly FDIC call reports.  Every bank that is regulated by the FDIC is required to submit loan data on a quarterly basis.  At Banking Grades, we divide the (1) the total dollar value of loans made by a bank under $1,000,000 by (2) the total amount of domestic deposits held by said bank.  Based on our experience of helping small businesses find financing, we believe that loans of $1,000,000 or less are “small business loans”.  This equation generates the Banking Grade.  

How Banks Are Rated

Bankinggrades.com says it rates banks based on past loan and deposit values in quarterly FDIC data. The website defines small-business loans as commercial loans of $1 million or less.

A (Excellent): Uses at least 25 percent of its deposits to make small-business loans
B (Good): Uses 10-25 percent of its deposits to make small-business loans
C (Average): Uses 6-10 percent of its deposits to make small-business loans
D (Poor): Uses 3-6 percent of its deposits to make small-business loans
F (Failing): Uses less than 3 percent of its deposits to make small-business loans

Source: Banking Grades

Verify the current standing of banks on this list FDIC Failed Bank List.  You may also research a specific bank using the FDIC Bank Search Tool.

bankinggrades.com

Looking for homes for sale in the Tampa bay area? Access the regional MLS with a listing book account   MyListingBook

What you will learn: (in less than 200 words)
1. Value of organic search results
2. Cost of lead conversion
3. The value of being Number 1.

Recently a question pertaining to 'click through' rate was posted in which an overview was provided focused on placement or sponsored ads. Those lead generation options account for less that 2% click through rates.

However, it was my comment that the "Top Five Oranic Search Resutls" will average 16% each for click throughs that generated a couple direct questions.

Following is an aternate source of the same information from HubSpot.



The top five total 79 divided by 5 = 15.8 average for the top five. The chart displays a real disparity between number one and number five. 

Another interesting, and quite important realizaton in regards to online marketing sheds more light on this media. Out-bound lead generation averages $348 per lead converted to client while inboound lead generation averages $135 per lead converted to client.

Although the actual cost may vary based on each business model and the way costs are calculated the ratio should remain relevant. 

What are the results of your on-line marketing analysis?

A Picture is worth a Thousand Words, we’ve heard many times.

This graphical image certinaly has a thousand words behind it Lofty Pines in Dunedin Florida has remained a highly desired community in Dunedin Fl.

About Lofty Pines
This community is located just off Main Street in Dunedin, Fl. Lofty Pines consists of approximately 134 residences, built between 1963 and 2006. These block contructed homes are typical with 3/2/2, single level homes. Some exceptions exist.

A Thousand Words
By observing the chart signifcant factors should be noted.

1.       No sales in 2012

2.       Peak sales price and activity in 05, 06 and 07

3.       No  corresponding increase in sales volume in 10, 11 or 12

4.       Trends d and g are consistent

5.       Average sold price is below Value (a) and 2008+ Value (f)  lines

What it means
1. Resident buyers must be prepared for a long term hold.
2. Investor buyers will have opportunity for quick turn around purchses
3. Lack of sales histerysis suggests further value reconciliaton will occur.
4. ‘A-List Buyers’ have a unique peek over-the-wall to formulate the proper exit strategy.

The most reliable, timely and accurate real estate data available in Dunedin, Palm Harbor, Safety Harbor and Clearwater FL is through the local MLS. Get your free MLS access by setting up your account at : www.MyListingbook.Listingbook.com

Real estate professional have responded to the challenges of this market by creating the methods and
resources needed to provide the solutions homeonwers and buyers need. With over 20 ways to sell a home and nearly 15 ways to finance a home purchase, your local real estate professional is just a phone call away.

If you need graphical data for your Dunedin, Palm Harbor, Safety Harbor or Clearwater Fl community, just give me a call. No! Don’t use that Trulia link or email. If you are serious, pick up the phone and call.

Annette Lawrence
Broker/Associate
ReMax Realtec Group
Palm Harbor, FL
727. 420.4041

Truth is, it depends on your purpose for buying. Let take a look at one Dunedin FL community.

Investors, home buyers, and even home sellers need to have a feel for what is happening in a community to make an informed decision. The following chart(picture) provides a unique peek over the wall regarding the Dunedin Pines community


We know a picture is worth a thousand words. The words behind this picture would reflect the following:

1. Prices are below value
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2. Investor profit still exists
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3. Approximately 10 homes will present real purchase opportunity NOW.
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4. Those homes are not on the market but are identifiable
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5. End user buyers will get a great deal but may need to hold a while before appreciation starts. Equity (ARV - costs) will be quick.
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These 3/2/1,  block constructed homes are ideal for renting(cash flow),  lease/option and for those with long term vision, the area amenities (not community) will assure appreciation. 

Those thinking of making a real estate purchases in Dunedin or Palm Harbor Florida, in the next 60 days, you will benefit in knowing the words behind the pictures. Let me know the community(s) in which you have interest and I will send you a Market In A Minute (MIAM) report.  

Sorry, don't use those Trulia Links to submit your request!
E-mail isn't the best choice either.
If you are serious, you need to call.

Annette Lawrence
Broker/Associate
ReMax Realtec Group
Palm Harbor, FL
727.420.4041

Curlew Landing in Dunedin Florida is a town home community of approximately 188 residences. The graphical data repreents sales through the MLS between 2004 and YTD 2012.  Plese note, there were no sales recorded in 2009.

Average number of annual sales suggest the effects of the extraordinary sales of 2005 - 2007 have not appeared in recent sales activity. However, if 2012 activity continues at the current pace, the adjustment will occur this year.

Both trend lines (d and g) are indicating potential bottom detection but are not assuring future positive values.

MARKET IN A MINUTE - Alderman Ridge, Palm Harbor FL
What you will see:
1. Ripple effect
2. Concurring trends
3. Opportunity


Here is what you can observe in the "Market In A Minute" chart above:
Ripple Effect: Absence of the Ripple Effect suggests the escalated purchase activity in 2005 and 2006 may still be systemic. The composition of recent sales events must be analyzed to determine the situation or status of these homes.
 
1. Sold prices are increasing The 'd' line (average sold price) is moving upward.
2. Sold price/sf is not increasing. The 'g' line. Not confirming sold price trend.
3. Opportunity exists when sold price averages are below both long and short term trends lines.

Alderman Ridge has approximately 55 residences constructed between 1988 to 1993.

If you want to work with a professional who knows the data instead of one who can advise on the color to paint the wall, you simply need to give me a call.   I'm in the neighborhood! 727.420.4041

Search the MLS with a free account
www.MyListingbook.Listingbook.com

Annette Lawrence
Broker/Associate
ReMax Realtec Group
Palm Harbor, FL
727.420.4041
www.DunedinSun.com

"Statisitcs are no substitue for judgement." Let's talk about your real estate concerns.  

Market In A Minute® provides vital historical data regarding market conditions in a community. Such data can provide insight regarding expected appreciation/depreciation, guidance on purchase and the most beneficial exit strategies for a specific community.

Those considering a sale of their home or a home purchase would need additional data such as: 1. Historic sales composition 2. Leading trigger event. 
3. Home Factor: a process utilizing ‘non-real estate profession’ data to triple validate home value expectation.

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   Open House today 6 May, 2012 at 1640 Curlew Rd, Dunedin FL (Dunedin Ridge) between 1-4 PM. 

   
   

   Chart data is available. 

   Statistics are no substitute for judgement. 

   Call for a confidential consultation.
   

   
   

   Annette Lawrence, Broker/Associate

   ReMax Realtec Group

   727. 420. 4041