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
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.
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
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
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. 16, 2017 – Luxury real estate agents should start 2017 with enthusiasm they have reason to be optimistic about their sector. This year will bring its share of exciting developments, innovative design, progressive trends and brand new technology to the high-end real estate market. There is never a standstill in this
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Most Tampa Bay residents have never heard of Westminster Heights. But the St. Petersburg neighborhood could give a lot of bang for the buck when it comes to investing in real estate this year. Lying south of Central Avenue between 49th and 58th Streets S, Westminster Heights tops Zillow’s list of the five bay area
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
TAMPA — Just two years ago, Tampa was receiving brickbats for being one of the most dangerous cities to navigate on two wheels. The Tampa Bay region had just been named one of the worst metropolitan areas for bicyclists and pedestrians. The same report by the National Complete Streets Coalition dubbed Florida the most dangerous
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