Tuesday, July 21, 2009

This is a MILESTONE!





According to Coldwell Banker's proprietary database program, TrendGraphix, the total inventory in the tri-county Tampa Bay area has fallen below 30,000 units for sale! This is the first time since the 2nd Qtr of 2006!






So is this the much-vaunted stabilization economists speak of??? Perhaps. All it tells us is that supply is contracting. Demand is the other half of that equation and despite low home prices, it's stagnant overall.

So have you heard about Chinese Drywall, right? No??? It's the latest litigation item in real estate, but it's also serious. Serious enough to cause health issues. How do you know if ou are a candidate for having Chinese Drywall in your home?

  1. Does your home smell like sulphur?
  2. Was your home built between 2004 - 2007?
  3. Are you experiencing costly and recurring A/C repairs?
  4. Are copper water and a/c lines corroding, as well as loose change?
  5. Is your electrical wiring corroding?
  6. Have you seen "CHINA" stamped on the inside of any of the drywall?

If you have 2 or 3 or more of these, you most likely have defective drywall. Contact the Florida Trade Commission for more details.

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