florida: Black Swan Lands at The Beach
- 09/25/13 06:04 AM
We have long predicted that beach communities would experience what South Tampa residents had already gone through -- the process of gentrification. New Floridians fell in love with South Tampa's history, convenience to business districts & shopping, towering oak trees & excellent schools but were frustrated by the selection of small, energy-hogging houses with big yards and small garages. So after long time residents of South Tampa gradually died or relocated, new owners swooped in to tear down the cracker boxes and replace them with energy efficient, 3+ bedroom houses with modern kitchens & maintenance-free yards. Historically, homes near the … (0 comments)
florida: Sellers will come out of the woodwork!
- 07/16/13 07:41 AM
In the Tampa Bay Beaches market we have a shortage of properties for sale with many properties selling for over the offer price. Those that missed the boom time to sell have seen a major increase in prices since the Gulf Oil Spill bloodbath in 2010. Many are waiting to get it all back. In fact, at the beach, we have seen a 50% increase in prices from the Oil Spill days of 2010. The prices dropped 50% from peak to trough....up 50% means down 25% from the absolute buyer frenzy of 2005-2007. Sellers waiting for that last 25% are on … (0 comments)
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