Why buy a home? Top 10 benefits of ownership
Thursday, 26 January 2017
LAWTON, Okla. – Dec. 19, 2016 – Buying a home may be the American dream, but it’s also a monumental task: You have to clean up your credit, apply for a mortgage, scrape together a downpayment, and then move all your worldly possessions in after you close on the deal. Phew! So then why do
- Published in Blog, General, Housing Market, Important, Investors, Local, Luxury, News, Real Estate, South Tampa, St Petersburg
Competing metros: Tampa Bay rebounds to best performance in decade in Milken Institute rankings
Sunday, 22 January 2017
Here’s a feel-good column to unwrap this holiday season that will reveal the Tampa Bay metro area is rebounding as one of the better performing, larger metro areas in the United States. That’s great news after a decade of rough times in the bay area economy, hitting a low ranking among the nation’s top 200
- Published in Blog, General, Housing Market, Investors, Local, Luxury, News, Real Estate, South Tampa, St Petersburg
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
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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
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
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
The ‘Great News’ about rising prices
Sunday, 04 December 2016
Recently there has been a lot of talk about home prices and if they are accelerating too quickly. In some areas of the country, seller supply (homes for sale) cannot keep up with the number of buyers out looking for a home, which has caused prices to rise. The great news about rising prices, however,
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