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
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
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
Higher inflation one more reason to buy a home now
Sunday, 19 February 2017
NEW YORK – Jan. 20, 2017 – Annual inflation hit a 21/2-year high in December amid rising gasoline prices as a core measure of inflation increased moderately. The consumer price index rose 0.3 percent, the Labor Department said Wednesday, matching economists’ estimates. Prices were up 2.1 percent the past year, the largest annual jump since
- Published in General, Housing Market, Important, Investors, Local, Luxury, Mortgage, News, Real Estate, South Tampa, St Petersburg
New-home sales climb to highest level in nine years
Thursday, 25 August 2016
WASHINGTON (AP) – Aug. 23, 2016 – Americans stepped up their purchases of new homes in July to the fastest pace in nearly nine years, as low mortgage rates and a steady job market are fueling a real estate surge. New-home sales jumped 12.4 percent last month to a seasonally adjusted rate of 654,000 annual units,