June Tampa Bay sales report is in - 07/28/09 02:30 PM
June stats are in and the numbers are much better than we have seen in a while. Some bright spots are:
Inventory fell below 30,000 properties for sale for the first time in YEARS The sales rate for homes and condos in the tri-county TampaBay area was over 10% for the first time in years! Months of Inventory (existing) dropped below 10 months for homes & condos in the Tampa area! Some negatives to counter the good news:
Average Days on market is still over 3 months Most properties are selling between 20%-25% BELOW initial list price. The beach market is … (0 comments)

Lenders continue to RE-VALUE our Homes and Communities at OUR EXPENSE! - 07/14/09 10:32 AM
If there is anything I never discuss in real estate, it's religion and politics. Taboo, to say the least. I try to see both sides of the conflict and make my mind up from there. I will dip my toe into the politics side and share with you my opinion of the "stimulus" that has be lauded as a cure-all for our ailing economy.Essentially, it was 2 aspirin remedy for a severely broken leg.The main thrust of the stimulus, through the TARP fund (Troubled Asset Relief Program), was to assist banks with clearing the "toxic assets" from their books...a worthy cause. … (0 comments)

Why paying a Buyer's closing costs makes $en$e! - 07/07/09 03:40 PM
With the increasing costs of basic necessities such as food and health care, as well as car insurance, fuel, clothing, etc. it is not uncommon for Home Buyers to need financial assistance with the closing costs when purchasing a home. Let's face it - not everyone who can afford a home's monthly payment has $7000 - $8000 for closing costs IN ADDITION to the home's down payment.To go back a step, closing costs are IN ADDITION to the purchase price and include the following, among other items:
Mortgage fees Insurance pre-pays Property tax pre-pays Closing fees Lenders Title Insur County & … (0 comments)

 
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Rich Cornelius

Clearwater Beach, FL

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Coldwell Banker

Address: 468 Mandalay Ave, Clearwater, FL, 33767

Cell Phone: (727) 417-8814

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As an experienced Real Estate consultant with Coldwell Banker Residential Real Estate in Clearwater, FL, I am approached daily by buyers and sellers who have questions about the current housing market. I have created this blog to answer various Real Estate questions concerning the home/condo/townhouse/vacant land market, address property tax or homeowner's insurance issues, suggest vendors that offer SOLID buying/selling services, and discuss all aspects of the Real Estate industry.


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