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
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
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
The price of homes in the Tampa Bay area continues to soar
Saturday, 26 November 2016
Tampa Bay home prices continued to soar in October, with Hillsborough County recording its biggest year-over-year gain since January. Pinellas, Pasco and Hernando counties also showed dramatic increases as buyers vied for an exceedingly tight supply of single-family homes — Pasco had less than a three-month inventory. And even though interest rates have risen slightly
- Published in Blog, General, Local, Luxury, News, Real Estate, South Tampa
Ambitious riverfront project featuring hotel, offices, retail and residences planned for Tampa
Friday, 18 November 2016
TAMPA — Convinced that the city is on a “very positive trajectory,” a Tampa-based real estate firm is planning an ambitious project that would include residences, offices, retail and hotel space on the west bank of the Hillsborough River near downtown Tampa. If it came to fruition, the proposed Lafayette Place would represent another major
- Published in Blog, Local, Luxury, Real Estate, South Tampa
Tampa International Airport hopes to add service to Dublin, Amsterdam, Bogota, Mexico City, Portland, Salt Lake City
Monday, 14 November 2016
Tampa International Airport has its sights set on securing new flights to Europe, Latin America and the western United States. The Hillsborough County Aviation Authority voted unanimously to update and extend the airport’s incentive program, which is used to help lure new airlines and routes. As part of the presentation given to the aviation authority