Despite a shortage of available homes, many Tampa Bay sellers are getting a rude awakening when the sign goes up but no offers come in . More sellers are being forced to drop their prices as the reality hits that buyers don’t love that funky tile or purple accent wall. According to a new analysis
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.
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
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
WASHINGTON – Jan. 25, 2017 – Granite is falling out of favor with homeowners. The engineered stone of quartz instead is displacing the long-reigning granite as the top-choice for kitchen countertops. “About 75 percent of our clients are opting for quartz over granite,” says Bill Millholland, executive vice president of the design-build firm Case. “More
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
NEW YORK – Jan. 10, 2017 – Though mortgage rates have jumped in recent weeks, it’s still possible for buyers to get a lower rate if they “buy the rate down,” also known as “paying points.” But they should weigh the pros and cons carefully to decide if that’s the best move. “Buying your rate
Everyone should take a moment to appreciate the stunning transformation of St. Petersburg from its former nickname as “God’s Waiting Room” to a city whose abundance of economic development opportunities under way nearly defies the ability of its leaders to capture them all. City officials tried, nonetheless, on Tuesday. The city’s second annual “state of
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
ORLANDO, Fla. – Nov. 14, 2016 –The number of U.S. downpayment assistance programs decreased 3 percent from the previous quarter, according to Down Payment Resource’s Third Quarter 2016 Homeownership Program Index (HPI). However, of the nation’s 2,392 programs, almost 88 percent currently have funds available for eligible homebuyers, an increase of 3 percent from the