$6.4M home sold on Tampa waterfront
Thursday, 01 June 2017
A sprawling mansion on the Westshore waterfront has been sold fully furnished for $6.4 million. The Culbreath Isles home at 4942 St. Croix Drive hit the market quietly in July 2016, priced at close to $8 million. The sellers, Harvey and Cheryl Adams, put the home up for sale because they are downsizing. VIEW SLIDESHOW
- Published in Housing Market, Investors, Local, Luxury, Real Estate, South Tampa, Tampa Bay
Survey: Rising mortgage rates worry young buyers
Tuesday, 30 May 2017
CHICAGO – May 24, 2017 – Brokers should be happy to know that consumers are optimistic about both the U.S. economy and the real estate market, according to the latest Berkshire Hathaway HomeServices quarterly Homeowner Sentiment Survey. However, the possibility of rising interest rates has many potential homebuyers concerned – especially millennials. According to the
- Published in Housing Market, Investors, Mortgage, News, Real Estate, South Tampa, St Petersburg, Tampa Bay
Here’s what will replace Piquant in Hyde Park Village
Sunday, 28 May 2017
The Mac & Byrd — a fried chicken sandwich topped with macaroni and cheese — will replace macarons in Hyde Park Village. The South Tampa shopping district said Thursday that it has landed Better Byrd, a fast-casual chicken-based restaurant, to fill a space vacated by Piquant Epicure & Cuisine earlier this year. The new restaurant
- Published in Local, News, Real Estate, South Tampa, Tampa Bay
NAR: International sales to shape future real estate demand
Friday, 26 May 2017
WASHINGTON – May 22, 2017 – U.S. real estate markets are becoming increasingly international. Two trends – changing demographics from immigration and a growing interest from foreigners – are positioned to bolster home sales activity and prices, according to speakers at an international real estate forum organized by Realtor® University’s Richard J. Rosenthal Center for
- Published in Clearwater, General, Housing Market, Investors, Local, Luxury, Mortgage, News, Real Estate, South Tampa, St Petersburg, Tampa Bay
5 tips for buyers in a tight housing market
Saturday, 20 May 2017
WASHINGTON – May 15, 2017 – When inventory is low, home prices tend to go up. Attempting to purchase a house in this type of market can make the already complex home-buying process even more overwhelming. To help buyers successfully get through the buying process in a tight inventory market, the National Association of Realtors®
- Published in General, Housing Market, Important, Investors, Local, Real Estate, South Tampa, Tampa Bay, Uncategorized
Study: Tampa Bay is nation’s second best area for first-time homebuyers
Wednesday, 17 May 2017
For first- time homebuyers, you can’t beat the Orlando and Tampa Bay areas. Despite steadily rising prices, both are relatively affordable compared to the West Coast and Northeast at a time when nearly half of all buyers are first-timers, a new Zillow report says. As millennials — those in the 18-34 age group — “reach
- Published in Blog, General, Housing Market, Important, Investors, Local, Luxury, Mortgage, Real Estate, South Tampa, St Petersburg, Tampa Bay
First-time homebuyer mortgage options
Sunday, 14 May 2017
NEW YORK – Buying a home for the first time can be daunting. In addition to mountains of paperwork and new financial terms to sort through, you’ll face costs and fees that can quickly add up. Fortunately, many grants and programs exist to help first-time homebuyers. Here are some of them: FHA loan With this
- Published in Housing Market, Local, Mortgage, News, Real Estate, South Tampa, St Petersburg, Tampa Bay
Tampa’s waterfront Rattlesnake Point is for sale; condos and apartments could replace warehouses
Thursday, 11 May 2017
Rattlesnake Point, a 30.9-acre waterfront tract south of the Gandy Bridge on the Tampa side , is for sale at an undisclosed price. [Courtesy of Dronebase.com] TAMPA — Gritty industrial activity could give way to more condos, apartments and townhomes as yet another prime waterfront tract in Tampa hits the market. Tampa-based Viper Ventures is
- Published in Blog, Housing Market, Investors, Local, Luxury, News, Real Estate, South Tampa, Tampa Bay
Property tax cap heads to 2018 ballot
Monday, 08 May 2017
TALLAHASSEE, Fla. – A top legislative priority of Florida Realtors passed on Wednesday. It gives voters the chance to make permanent a 10 percent cap in non-homestead property tax increases during the 2018 general election. The passage of SJR 76/HJR 21 successfully ends a nearly year-long effort by Florida Realtors to get the proposed amendment
- Published in Housing Market, Important, Investors, Local, Luxury, Mortgage, News, Real Estate, South Tampa, St Petersburg, Tampa Bay
When will mortgage rates rise? What happens when they do?
Thursday, 04 May 2017
NEW YORK – At some point, mortgage rates will rise again. Americans have, so far, been resilient to rising mortgage rates, but a bigger impact could come soon, say Goldman Sachs economists. Housing’s share of the economy rose above normal levels from November to January, despite mortgage rates surging 60 basis points at the time.
- Published in General, Housing Market, Investors, Local, Mortgage, News, Real Estate, South Tampa, Tampa Bay