Mortgage lenders optimistic about 2017
Tuesday, 18 April 2017
NEW YORK – April 12, 2017 – Continued economic improvement should give first-time homebuyers the boost they need to enter the market. In fact, about three in five independent mortgage lenders (59 percent) in a recent survey predict an increase in first-time homebuyers in 2017. The prediction comes from The Lenders One Cooperative, a national
- Published in General, Housing Market, Investors, Local, Luxury, Mortgage, News, Real Estate, South Tampa, St Petersburg, Tampa Bay
Developers move forward with 36-story condo tower in Channel district
Sunday, 16 April 2017
Tampa developers are reviving plans for Del Villar, a long-dead Channel district condominium tower. Mercury Advisors, the group behind the $90 million Channel Club— a Publix Super Markets Inc. store and 21-story apartment tower under construction on East Twiggs Street — are planning a 36-story condo tower at the corner of East Whiting Street and
- Published in General, Housing Market, Important, Investors, Local, News, Real Estate, South Tampa, Tampa Bay
Tampa Bay is enjoying a hotel boom. Could a five-star be coming?
Thursday, 13 April 2017
With the opening of the Opal Sands and Wyndham resorts on Clearwater Beach in the last 14 months, the Tampa Bay area gained 678 new hotel rooms. Sound impressive? Wait until you see what’s coming. Over the next few years, at least 27 new hotels with a total of 4,000 rooms are expected to start
Tampa Listed As One of the Nation’s Healthiest Housing Markets
Wednesday, 05 April 2017
Diana Olick | @DianaOlick Monday, 27 Mar 2017 | 1:30 PM ETCNBC.com Sluggish housing recovery takes a bite out of the economy Monday, 27 Mar 2017 | 8:23 AM ET | 03:23 Housing remains in high demand in most of the nation, but the housing recovery looks increasingly uneven, depending on location. Whether buyers are shopping
- Published in Housing Market, Important, Investors, Local, Luxury, Mortgage, News, Real Estate, South Tampa, St Petersburg, Tampa Bay
Could rising mortgage rates be good for housing?
Saturday, 01 April 2017
NEW YORK – The Federal Reserve is finally taking more action to raise its short-term rates. Last week, it voted to raise the Fed funds rate by 25 basis points. That is expected to add pressure to mortgage rates, too. Many housing analysts fear that rising mortgage rates could further impact home affordability and lead
- Published in Blog, General, Housing Market, Investors, Local, Luxury, Mortgage, Real Estate, South Tampa, St Petersburg
Hollywood producer lists South Tampa estate for sale at $4.95 million
Thursday, 30 March 2017
A Tampa Bay businessman-turned-Hollywood-producer has listed his South Tampa estate for sale at $4.95 million. Steve Matzkin, founder of Sarasota-based Dental Care Alliance, has put his home at 5225 S. Nichol St. up for sale, listing it with Coldwell Banker Residential Real Estate’s Mike Hughes and Jeff Shelton. VIEW SLIDESHOW 24 photos Steve Matzkin, a
- Published in Housing Market, Local, Luxury, News, Real Estate, South Tampa
Hughes Shelton Realtors with Coldwell Banker Residential Real Estate Named No. 1 Team in West Central Florida
Wednesday, 29 March 2017
TAMPA, Fla. – March 28, 2017 – PRLog — The Hughes Shelton Realtors, comprised of Mike Hughes, Jeff Shelton, Andrea Webb, Rebecca Batte, Kelly Burchill, Leigh Jones, Cristine Mastrilli and Tara Curry with Coldwell Banker Residential Real Estate’s Tampa Westshore office, has earned the ranks of the number one large team in West Central Florida.
- Published in Housing Market, Local, Luxury, News, Real Estate, South Tampa
Reverse mortgages: Myths vs. realities
Tuesday, 28 March 2017
STUART – There are a lot of misconceptions surrounding reverse mortgages. I’ve highlighted six here that seem to come up most often in conversations with clients. I hope these will help when considering whether a reverse mortgage is the right path for you. Myth No. 1: The lender owns the home You will retain the
- Published in Blog, General, Housing Market, Local, Mortgage, Real Estate, South Tampa, St Petersburg
Tampa Bay market ‘healthiest in 10 years’ as home prices continue to soar
Friday, 24 March 2017
Tampa Bay home prices continue to soar, but the meager supply of available properties that continues to frustrate buyers may finally be starting to ease. In February, the median price of a house jumped by double digits in all four bay area counties compared to the same month a year ago. Hernando led with an
- Published in Uncategorized
How will housing change over the next decade?
Wednesday, 22 March 2017
NEW YORK – March 7, 2017 – Your 10-year outlook: Expect business to get busier, but be ready for some major demographic shifts in housing. Housing demand over the next decade will be significantly higher than today, predicts Lawrence Yun, chief economist of the National Association of Realtors® (NAR), in his latest column at Forbes.com.
- Published in Blog, General, Housing Market, Investors, Local, Luxury, Mortgage, News, Real Estate, South Tampa, St Petersburg