by HughesShelton | Feb 27, 2020 | General, Investors, News, Real Estate
U.S. sales of new homes jumped 7.9% in January to the fastest pace in more than 12 years, a positive sign for economic growth. The Commerce Department said Wednesday that new homes sold at a seasonally adjusted annual rate of 764,000 last month. That’s the highest...
by HughesShelton | Jan 9, 2020 | Investors, Local, News, Real Estate, Tampa Bay
Proximity to the gulf and bay drove prices for the most in-demand homes into the eight-figure range during 2019. The view of the Gulf of Mexico from the master bedroom of the 19,578-square-foot home in Belleair Shores purchased in January 2019 by Ben and Karla Mallah...
by HughesShelton | Jan 6, 2020 | General, Important, Investors, Real Estate, South Tampa, Tampa Bay, Uncategorized
Below are five compelling reasons to list your house this winter. 1. Demand Is Strong The latest Buyer Traffic Report from the National Association of Realtors (NAR) shows that buyer demand remains strong throughout the vast majority of the country. These...
by HughesShelton | Jan 2, 2020 | Blog, Important, Investors, News, Real Estate
Metro Tampa home prices rose 4.9 percent in the past year, the second-highest among major U.S. cities, the S&P CoreLogic Case-Shiller Index reported. Phoenix retained the top spot for the fifth consecutive month with a 5.8 percent year-over-year gain. The...
by HughesShelton | Dec 5, 2019 | General, Important, Investors, News, Real Estate, Uncategorized
Boomers own about 1/3 of all U.S. properties and 27% of them will sell their home within the next 20 years – but some metros will feel the impact more than others. SEATTLE – Builders have struggled to overcome land scarcity and rising labor costs and materials. But a...
by HughesShelton | Oct 3, 2019 | Blog, Important, Investors, News, Real Estate, Tampa Bay
Americans are growing concerned by the growing threats of an economic slowdown, but that doesn’t seem to be affecting housing. Recent housing reports are showing that lower mortgage rates are buoying buyer demand into the fall months. “Despite fears of an economic...
