PAGE 4 May 13, 2009
The Newscaster/Nature Coast News
Squawk Box  - Continued from page 1
Real Estate Today
A Guest Commentary by Darryl Diamond
news agencies have been inching their news products closer and closer to ‘instantaneous
occurrence’ for a long time. There is no doubt in my mind that should any kind of a major
Have we bottomed out yet?
earthquake happen in Los Angeles at 10.00am, most people reading this would know about it
block home in the same town
in less than an hour (and I’m being conservative here). Yes, by noon the same day, every news
for $26K. I just closed on a 4
With the sun going down I cast my
outlet in this country would be broadcasting every piece of dearth and destruction they could
year old 3/2 block home in good
surface lure across Lake Rousseau. A bass
dig up; shades of 9/11.
condition, in a country club
hits but I miss. Tonight is pure nirvana. It is
There are certainly an abundance of excellent reasons why news that is brought to
community for $50K. I just
80 degrees, water temp 83.5, humidity is low,
us closer from the source is a good thing. Knowing about potential dangers, events, and
closed a short sale on a lake
and the radio in my bass boat is playing just
opportunities is great! Having news brought to you within minutes of it happening can make
with an extra building lot for $70K. Perkins
low enough to also allow me to hear the local
it seem like you were actually a part of it; bringing people together. Witnessing news as it
Bank just popped a cute Chalet style home
water birds playing in the distance while I fish.
occurs causes less distortion of the facts, making the historical record a truer representation.
right here in Inglis with extra building lot for
It is oldies night, and Bob Segar’s
The list could go on and on. But…
$39K.
classic "Night Moves" comes on. I listen for
Just like any good thing, too much could be bad. Instant news can separate us; like
I have a foreclosure home presently
a line that has always haunted me. "Working
competitive gladiators for what’s next, or what’s the next great thing. Almost like if you are not
available for sale in Bronson just off of #337
on mysteries without any clues". In this song
keeping up, you are left out. It’s easy to see how this kind of mentality can get the better of
with an asking price of just $20K. And finally
Segar is referring to teenagers sorting out their
people and cause division as people try to keep up with the Jones. It’s also not hard to imagine
I just sold a cute 2/2 site built home on a paved
love life, but it could just as well refer to all of
how manipulation of the facts breaking at the speed of light could be a willful cause for
road with large lot in south Citrus county for
us adults sorting out what to do in this eco-
criminals for their own gain; considering the amount of online crime, it’s not hard to imagine at
only $15K. Now the land is worth, $10K the
nomic downturn.
all.
impact fee in Citrus is at least $10K, and the
I know that many of you have some
Probably, every generation has had its people say, “it’s a great time to be alive”. I can
well and septic has a value of approx. $4K.
investment money laying around waiting for
only imagine what life was like as the industrial revolution freed people from backbreaking
That’s $24k of value for only $15K, so we are
"the bottom of the real estate market" so you
work to pursue more intellectual vices. Now we are in the throes of the information revolution
now selling some homes essentially for free.
can buy at the lowest possible price. Some of
and again, without reservation, it can be said, ‘what a marvelous time to be alive’. Each era has
Ladies and gentlemen we have now
you have come to me wishing you had taken
its positives and negatives. Ours perhaps is not the pollution and scarring of the planet to
hit the bottom. You investors have my per-
money out of your IRA’s or other stock mar-
forward our industrial standards, rather the individual scarring and psychological damage we
mission to start buying. I guarantee that you
ket money, and changed it over to real estate
are incurring as our standards of brainpower are hurled into the future. Let’s be certain that
will not lose buying site built homes for $15k.
last year before your portfolio lost tens of
another adage, the one about “ignorance being bliss” doesn’t become the desirable choice to
If you rent this home for just $450. Per month
thousands of dollars of value.
keep from being overwhelmed by this revolution of news and information.
that’s $5,400. Per year which is about a 30%
That is water under the bridge, how-
Not convinced? Need more access? Follow us on Twitter: thenewscaster
gross return. WOW!
ever the 64 thousand dollar question you have
Legislation could ensure Chassahowitzka Water funding
Remember June 1,2009 is "bottom of
all asked me the past year is, if I feel that the
the market day" so you side liners may want
bottom has arrived. Well I have decided to
Citrus County got some potentially good news Friday from the Florida Legislature. A
to stop procrastinating and start buying. Feel
make June 1, 2009 "Bottom Out Day". That’s
bill that ensures some unexpended funds appropriated in both 2007 and 2008 for the
free to contact me for more good deals. Darryl,
right, your head prognosticator (That’s me)
Chassahowitzka Area Water Improvement Project are carried forwarded into the upcoming
Vicki and Shirley are "The Diamond Team"
has determined through his powers (and ex-
year’s state budget has been passed out of conference committee in the state legislature.
We are the seasoned professionals
perience) that we have reached the bottom of
Now the budget goes to the governor for his signature.
at Diamond Investments Inc., and we are avail-
the real estate market on the nature coast. I
The bill, SB 2600, re-appropriates the funds in question, about $300,000, that had been
able for all of your real estate needs 7 days a
respectfully present to you the following
committed by the county for the Chassahowitzka project but not yet received from a total
week. If you are a buyer, we would appreciate
proof.
$1.3 million over the two years.
the opportunity to serve you. Please call us
As funding was being cut in many areas, Senator Mike Fasano, R-New Port Richey,
I just spoke to a closing agent that
included language in the budget for the upcoming year that guaranteed the last part of the
at 352-447-4442. I’ll see you around "The Cam-
closed on a patio style site built home in
money originally allocated would be available. Fasano was instrumental in getting the original
pus"
Beverly Hills for $24K. I just closed on a clean
appropriations to help the project. “I am very pleased that my colleagues in Tallahassee
email your news to: newscast@atlantic.net
continue to recognize the value of improving the water system in Chassahowitzka,” Fasano
said in a press release Friday.
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