Pasco Minute

"Nearly three out of ten sellers in Pasco County listed too high this year. And it cost them. The data says the average Pasco County home sells for 96.26 percent of its original list price. That gap, that three point seven percent, is the price of overpricing..."

"Zone X. It is the line on the flood map that makes Pasco buyers relax. It should not. Unshaded Zone X is FEMA's minimal flood hazard area, outside the 100 year floodplain and outside the 500 year floodplain too. Open the new construction listings in Wesley Chapel and the same line keeps showing up: Flood Zone X, no flood insurance required. Here is what nobody mentions at closing. By FEMA's own FloodSmart count, one in three flood insurance claims comes out of low and moderate risk zones. Zone X is one of them. Not required does not mean it cannot flood. Low risk also means a low premium, the cheapest flood coverage on the map. Check your zone free on FEMA's map service center before you close, then get the voluntary quote. Pasco Minute, every Monday. Follow for the numbers that matter."