Sunday, April 1, 2012

March Reports:

Real Estate Report:

Currently the market is very active especially in price ranges below $200,000. There are no active listing in Millcreek Place. Interest rates are still low, varying around 4% for a 30 year fixed rate mortgage; less for a 15 year fix rate mortgage. As you know the best way to maintain values in our neighborhood is to maintain our individual properties by keeping our homes in good repair, maintaining lawns, adhering to the covenants and good neighbor codes. Potential buyers ride through a neighborhood and form an impression. The impression that is formed dictates what someone in willing to pay to buy a home in that neighborhood. Millcreek Place is a great place to live and has a great reputation. By working together, we can keep it that way!

Financial Report:
 
The accounting year for the maintenance fund runs from June to May                          
                                  March     Year-to-Date
Income:                              .00     15,350.34
Expenses:
Business                             .00      1,258.43
Maintenance:
  Grounds                         590.00      2,840.00
  Entries                            .00        769.52
  Irrigation                         .00        822.56
  Street                             .00      1,032.65
  Other                              .00        481.50
Utilities:
  Electric                        536.37      5,253.97
  Water                            50.07        786.50

Total Expenses:                 1,176.44     13,245.13

Net Income                           .00      2,105.21


To view the March Statement and Cleared Items click HERE

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