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
Kitchen features buyers will pay more for
Thursday, 16 March 2017
CHICAGO – Dec. 6, 2016 – A great kitchen can help sell a home, and real estate professionals are spotlighting it in their marketing. Of all the homes listed for sale on realtor.com, 69 percent of the listing descriptions highlight the kitchen as a selling point. Forty-nine percent mentioned the bedrooms and 35 percent highlighted the
- Published in Blog, General, Housing Market, Investors, Local, Luxury, News, Real Estate, South Tampa, St Petersburg
Move-up buyers: Sell or rent out your original house?
Sunday, 12 March 2017
ORLANDO, Fla. – Jan. 30, 2017 – Many homeowners who need to move decide to sell their current home so they can have plenty of cash to buy their next digs. Still, though, some might wonder: Should I sell or rent out my house? It’s a good question. Owning rental property, after all, brings in
- Published in Blog, General, Housing Market, Investors, Local, Luxury, Mortgage, Real Estate
Home improvements: Which ones recoup the most money?
Wednesday, 08 March 2017
NEW YORK – Jan. 19, 2017 – If a home improvement project costs $1,000, how much money will the homeowner get back if he sells the home – his return on investment (ROI)? In 2017, only attic insulation recoups more than its cost. The 2017 Cost vs. Value Report looked at 99 U.S. markets and
- Published in Blog, General, Housing Market, Investors, Local, Luxury, News, Real Estate
Real estate investing: Who they are, where they buy
Saturday, 04 March 2017
IRVINE, Calif. – Feb. 23, 2017 – Who is buying homes? A study by ATTOM and Clear Capital, “Landlord Land,” analyzes the “who.” It’s a deeper look at the recent real estate boom that has seen home prices flirt with all-time highs even as the national homeownership rate remains near its 50-year low. “Though prices
- Published in Blog, General, Housing Market, Investors, Local, Real Estate