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Lennar Homes Super Sale - 07/26/11 02:06 PM
Lennar's having some unbelieveable deals in many communities throughout the Tampa Bay Area! Live Oaks Preserve in New Tampa has some of the best deals listed! 6Bd/3Ba/2 at 2,994 square feet for $259,490! 4w den/3.5Ba/3 at 2,892 square feet for $251,990! 5w den/4Ba/3 at 4,097 square feet for $437,252! Amazing prices for one of the best areas in New Tampa!
Anthony Sambrato Jr McBride, Kelly, and Associates 813-417-7486 www.Sambratosellstampa.com
Listing Price Averages Rise as Average Sales Price Drops - 07/25/11 01:07 PM
Is this a trend that will continue in the greater Tampa Bay market? Only time will tell. What does this mean? You can cut statistics up in any way you want to manipulate the results you are looking for. I have gathered by this information that property values may have started to stabilize and year-to-date sales averages are being supported by lower valued homes being sold. The increase of short sales and foreclosures sales would be more than an enough to keep sales averages down from this year to last. Sales frequency has dipped slightly so the lack of homes sold can't be much of (1 comments)
Zillow Has a Roller Coaster Start on NASDAQ - 07/20/11 03:34 PM
Zillow had a impressive start this morning as it went public and began trading on the NASDAQ this morning. The starting price of $20 a share quickly rose to as high as $60 a share early in trading this morning. It quickly cooled off and was being traded around $38.44 at the time of this blog. There has been news that existing homes sales has dropped again for the month of June but I couldn't find any evidence to back this up. With the impact that Zillow has on Real Estate market I am curious to see if the publicity will help the housing market in (1 comments)
Where is rock bottom? Are prices still dropping? - 07/15/11 04:34 PM
Prices in some specific properties continue to drop. Do we need to hit rock bottom before this trend stops? Hopefully we can be smart and look at the positives that might help us. With the weaken market we can expect to have interest rates stay low and consistant for a while. Sales seem to favor the smaller homes as of late, so maybe a more cautious consumer is out there. And for large homes you are listing maybe tweaking direct markets more. I'm hoping it not be the bottom that stops us but a smart and conscience effort from everyone. (0 comments)
Social Media In Real Estate? Don't Get Left Behind - 07/13/11 11:07 AM
It seems that social media has taken root in everyone lives today. With the increase of exposure via this medium it is in the best interest of everyone to not fight change and get involved. Activerain is a perfect example of how correct utilization of this medium can help generate contacts and leads that wouldn't normally been attainable. In only a short time I have been able to meet new and interesting people that I wouldn't have before my use of this great website. A great as Activerain is it doesn't stop there. There are hundreds of opportunities that can be captured with (0 comments)
Cash is King! But there is room for financing on Rehab Homes... - 07/11/11 01:32 PM
So far this year cash sales has dominated homes by close to 59% in some area's of Florida. Why? It's easy to explain, the decrease in market value and the increase in the amount fo homes that are available has given rise to opportunities that weren't there earlier. This has given investors a greater amount of profitability and homes buyers more affordablity. Furthermore, when you as a home owner can purchase a home and instantly aquire equity you have also aquired a positive asset. The market is right for either group interested in real estate purchase to get active. The early (0 comments)
Rehab Homes - Our "Diamonds in The Rough" - 07/09/11 10:32 AM
You can look at this market in many ways. A trend that is gaining momentum is the utilization of 203(k) rehab loans. With the increase in homes that are in need of repair that are on the market why not cater to this demographic? First, there are many different hurdles that need to be overcome in deals of this matter. The extra hard work does help in many ways. Secondly, because of this these transactions are time consuming. Usually these types of deals take 45-60 days to close. By rejuvenating certain areas in the Florida market these types of loan situations (1 comments)
A positive sign for 33615 Zip? Really Town and Country??? - 07/09/11 10:32 AM
All of us look for postitive signs in Real Estate markets and I have to say that the ball in the 33615 zip is starting starting to roll! The 33615 zip is a probally one of the unique ones to the greater Tampa Bay area. In the last 6 months there has been over 166 properties sold in this zip with at least 50 of them in the 150k and over range. We feel this is a trend gaining momentum from sales that our not of the short sale or bank owned variety (althought I'm sure they are there as well) (0 comments)
Disclaimer: ActiveRain Corp. does not necessarily endorse the real estate agents, loan officers and brokers listed on this site. These real estate profiles, blogs and blog entries are provided here as a courtesy to our visitors to help them make an informed decision when buying or selling a house. ActiveRain Corp. takes no responsibility for the content in these profiles, that are written by the members of this community.