Lenny G's Tampa Real Estate Blog

I recently spent some time in the Channel District with some buyer clients who have decided to make the former industrial district their home upon relocating to Tampa in October. Many of the Channel District projects have been in the news lately. The Towers, The Place and Ventana are all in some ...

Don’t believe everything you read! Sage advice, especially when it concerns how some of the media report on the real estate market. It’s the end of the month and with it always comes the much anticipated release of the Case-Shiller Home Price Indices report. The headline on Yahoo! Finance is enou...

I was speaking with a prospective seller client recently and she asked the question that most, if not all, seller’s ask. “How long is it taking to sell a home?” The way that I answer this question is to look at homes in the same neighborhood that have either recently sold or are under contract (p...

Buyer traffic has certainly picked up in recent months, and inventory is trending downwards. But are those buyers actually buying? Yes is the short answer. While there are many wary and uncertain buyers in the market, the numbers speak for themselves. Sales have been rising. I closely watch the n...

The conventional media will tell you that: Tampa homes sales are downThe median price of homes in our area is downForeclosures are upInventory is at a record high And I’ll tell you the same. And that’s all true. No blowing of smoke allowed here. But did you know this about Tampa real estate? 5800...

Another in the “Notable E-Mail” series: “Lenny, I read you online from Dublin, Ireland - surprised not to see the following from you, posted, Aug 3, 2007: The Tampa Bay area ranks #1! Based on a report by Forbes magazine online issue, Tampa Bay is the best place in the country to buy a home. Forb...

The Channel District is adjacent to downtown Tampa and is in the process of converting from an industrial use area to one of residential lofts and condominiums. Back in 2003–2005, when the local real estate market was most heated, some of the first major residential projects in the area were in t...

Since last week at this time the number of Tampa homes for sale has crept slightly upwards while the number of homes under contract remains stable and flat. This is a snapshot view of the market. Data used is from the Mid-Florida Regional MLS for city = Tampa. All brokers/agents included. But he...

During the first quarter of 2007 there were 5 sales in Hillsborough County of $2 million dollars or more. (There are 131 active properties listed at $2m or more currently). Tops in sales price was 58 Martinique Avenue, a new canalfront home on Davis Islands which sold at $3.55 million dollars on ...

The Multiple Listing Service, or “MLS” contains a wealth of data that reflects the current Tampa real estate market conditions. As members, we can set up what is known as a “hotsheet”. My hotsheet contains new listings, listings with price changes, expired listings, and new pending listings in th...