Lots of positive trends in today’s housing market
Friday, 06 January 2017
WASHINGTON – Dec. 2, 2016 – What fall slowdown? In many markets across the country, the housing market is showing anything but the typical seasonal slowdown. In fact, a report released by the National Association of Realtors® (NAR) finds just the opposite. Existing-home sales eclipsed June’s cyclical sales and, in October, zoomed to the highest
- Published in Blog, General, Housing Market, Investors, Local, Luxury, News, Real Estate
It’s a good time for move-up buyers to sell
Monday, 02 January 2017
NEW YORK – Dec. 2, 2016 – Smaller homes have seen significant price growth over larger ones, and that means some homeowners may be sitting on a lot of equity – more than they may realize. With mortgage rates still low by historical standards but expected to edge up soon, homeowners with equity in their
St. Pete will be the first city in Florida to use 100 percent renewable energy
Wednesday, 28 December 2016
St. Petersburg will become the first city in Florida to rid themselves of using fossil fuels. The city council unanimously voted to use $800,000 of $1 million they received from a settlement with BP over the Deepwater Horizon oil spill in 2010 to move toward having the city completely running with renewable energy. The Integrated
Florida has 238 downpayment assistance programs
Saturday, 24 December 2016
ORLANDO, Fla. – Nov. 14, 2016 –The number of U.S. downpayment assistance programs decreased 3 percent from the previous quarter, according to Down Payment Resource’s Third Quarter 2016 Homeownership Program Index (HPI). However, of the nation’s 2,392 programs, almost 88 percent currently have funds available for eligible homebuyers, an increase of 3 percent from the
7 ways to add curb appeal for potential buyers
Tuesday, 20 December 2016
ORLANDO, Fla. – Nov. 22, 2016 – There are several things home sellers should do to improve curb appeal. These include painting the front door with a pop of color to create a focal point, adding a new mailbox that is modern and ensures the home’s address number is clearly visible from the street, and
- Published in Blog, General, Local, Luxury, Real Estate
Channel district apartment tower sold for $88 million
Friday, 16 December 2016
One of downtown Tampa’s newest apartment towers has a new owner. Skyhouse Channelside, which wrapped up completion in 2015, sold for $88 million to a corporate entity tied to Yonkers, New York-based AVR Realty, according to public records. Skyhouse, right, is a 23-story tower in downtown Tampa’s Channel district. The seller was Atlanta-based Novare
- Published in Blog, General, Investors, Local, Luxury, News, Real Estate, South Tampa
St. Petersburg’s Skyway Marina District to get $70 million mixed-use project
Monday, 12 December 2016
ST. PETERSBURG — Years after a popular gay resort closed and its property was sold to Home Depot, the empty, weed-strewn site is about to be developed. Phillips Development & Realty, which expects to close on the parcel in December, has unveiled plans for a $70 million mixed-use project that will include 300 apartments and
1 in 4 Florida Homeowners with mortgage is ‘Equity Rich’
Thursday, 08 December 2016
1 in 4 Fla. owners with mortgage is ‘equity rich’ IRVINE, Calif. – Nov. 17, 2016 – ATTOM Data Solutions’ Q3 2016 U.S. Home Equity and Underwater Report finds that 23.4 percent of U.S. homeowners with a mortgage are equity rich, meaning their loan-to-value ratio is 50 percent or lower. It’s a year-to-year increase of
The ‘Great News’ about rising prices
Sunday, 04 December 2016
Recently there has been a lot of talk about home prices and if they are accelerating too quickly. In some areas of the country, seller supply (homes for sale) cannot keep up with the number of buyers out looking for a home, which has caused prices to rise. The great news about rising prices, however,
Freddie Mac planning appraisal free mortgages
Wednesday, 30 November 2016
WASHINGTON – Nov. 14, 2016 – Can computers, big data and advanced analytics replace real live humans when it comes to accurately valuing the home you want to buy? One of the two largest financial players in U.S. real estate thinks so and is preparing to introduce changes that could prove momentous – and highly
- Published in Blog, General, Important, Investors, Local, Luxury, News, Real Estate, South Tampa