new construction: The Westshore Marina District - Tampa's Next Hot Spot - 07/28/21 09:11 AM
According to The Tampa Bay Times:
 
"The Westshore Marina District is a 52-acre waterfront development right on Tampa Bay, long considered some of the area’s most desirable undeveloped land. 
It now has roughly 800 completed apartments and condos, the vast majority occupied. That doesn’t include three sharp-lined glass condo towers still to be completed, whose units will run from the $800,000s to more than $3 million, as well as some other unfinished townhomes. When all the construction is done, the district is expected to have about 1,350 residences total.
With several shops and restaurants open or on the way in a new town center, as well … (1 comments)

new construction: Hillsborough County Approves Widening Big Bend Road - 04/09/21 10:12 AM
Great news for Tampanians living around Big Bend - Hillsborough County Commissioners approved the widening of Big Bend Road, a project with an estimated cost of $97 million.
 
"The project includes:
 
-The widening of Big Bend Road from four lanes to six lanes
 
-Realignment of Old Big Bend Road through the interchange
 
-Construction of a new bridge on Old Big Bend Road over Bullfrog CreekA new I-75 southbound exit ramp and I-75 northbound entrance ramp modifications
 
-New pedestrian facilities will also be constructed along Big Bend Road and Old Big Bend Road
 
It is critical for the congested Southshore community, which is home to the largest population … (0 comments)

new construction: 2020’s Effects on Tampa Bay Real Estate - 12/29/20 12:38 PM
A Reflection on How the Unprecedented Events of 2020 Changed Our Real Estate Market
If someone told us in 2019 what was to happen the following year, we would not have believed them. From second graders learning through Zoom to one-way arrows in supermarket aisles, all aspects of our everyday lives have been impacted. The lockdowns in early spring especially affected those in the service industry. Restaurants relied on curbside pick up and hotels adopted new cleaning processes and precautions.
                     
The real estate industry was no different. Masks, gloves, and sometimes shoe … (1 comments)

new construction: Florida Real Estate Sales Double Compared to Last Year - 09/25/20 12:39 PM
When Florida comes to mind, many used to think of a vacation spot or a place to eventually retire. This has all changed over time, but especially in 2020. Florida has become one of the hottest places to relocate due to the Coronavirus. According to the Daily Mail, around 950 people move to the Sunshine State each day. According to a Douglas Elliman August report, new contracts for single-family homes and condominiums continued to rise in Pinellas and Hillsborough County — after having doubled in July.
 
The Coronavirus lockdown resulted in many people reflecting on their lifestyles, especially work from home orders … (0 comments)

new construction: How the 2020 Pandemic is Affecting Homebuying Trends - 09/04/20 12:49 PM
Buyer Preferences Shift as COVID Changes Our Daily Lives
 
After months of lockdown, many homebuyers are rethinking what they want in their next home. Although the pandemic will not continue forever, it will have some long-term effects on our lifestyles and how we feel about public gatherings. During the quarantine, many people’s homes became their office, gym, and restaurant. The changes we made to our lifestyles during this time have changed what we want out of our living spaces.
 
 
 
 
When restaurants closed, we were limited to our homes to indulge in some good food. Luckily, many local restaurants opted for takeout options, even … (1 comments)

new construction: New Real Estate Development in Tampa Bay - 08/10/20 12:36 PM
A Look into Tampa's Growing Neighborhoods in 2020
 
In the past few years, we have watched the once sleepy bay area transform into a vibrant city with pockets of lively neighborhoods. A variety of creative restaurants and rooftop bars emerged as well as chic residential dwellings.
 
A billion-dollar investment from Bill Gates attracted technology and consulting companies like ConnectWise and PriceWaterhouseCoopers. Multiple new Amazon facilities and the possibility of becoming the headquarters for Space Force is also sparking interest in the Tampa Bay Area. Many neighborhoods have been brought to life such as Channelside, Hyde Park, and the southernmost point at Tampa’s Marina … (0 comments)

new construction: New Construction Homes vs. Resale Homes - 07/31/20 01:43 PM
 Which home buying option is best for you?
 
Do you prefer the charm of a home with history or the idea of a bright and shiny untouched single-family home in a new community? One of the first decisions you will make as a homebuyer is whether new construction or resale home is for you and your family!
Below we explore a few pros and cons of both options. Remember that you’ll want to hire an experienced real estate agent that has experience with both scenarios to help guide you in making an informed decision. The best part? Your real estate professional will … (2 comments)

new construction: Real Estate Pulse from Tampa Bay - 07/24/20 09:15 AM
New Home Sales on the Rise Due to Pandemic 
New stats have come in via LinkedIn that shows an interesting real estate market trend. New home sales have jumped a whopping 55% since last year. 
 
 
This is a HUGE increase! We are observing that more and more people are taking a preference towards less congested areas with their own living space. This is not only due to COVID and the lockdown, but many millennials have begun to settle down and have families. The mortgage rates also have increased buyer interest in homes of all types!  


New construction homes are gaining more … (1 comments)

new construction: New Homes | New Construction: A Real Estate Option Worth Review - 02/15/13 04:50 AM
In today’s real estate market many industry professionals are dealing with the lowest level of housing inventory in many years to show their ready and anxious home buyers.
On both a national level and locally in Tampa Bay, we have experienced the effects of the dwindling inventory as it relates to real estate options. We are frequently encountering multiple offer scenarios and bidding wars between buyers and sellers requesting highest and best offer. 
New home construction is gaining tremendous momentum and offers home buyers enormous options and appeal. Various areas of Tampa, Florida are on the right side of … (0 comments)

new construction: Home Prices Turning the Corner: Are You? - 10/31/12 05:14 AM

Tampa’s premier home builder, Standard Pacific has recently published an article that sheds light on market conditions and trends in our area. The article is based on a report done by Barclays Capital that forecasts home prices rising as much as 5% – 7.5%!
The article also reveals some significant factors that are pushing home prices in an upward direction and how this is being done in two different types of markets. It gives an interesting look into the prime “A and B” markets, and also tells why the “C, D and F” locations will soon become more desirable. … (0 comments)

new construction: Real Estate Tips: Buyers Agent for New Construction - 06/27/11 05:05 AM
Buying a new home can be very exciting, it is important that still being a savvy buyer while getting what you want in your new home. One of the most overlooked factors in a new home purchase is buyer representation. Although many builders are great and have great new homes sales consultants, as a buyer you need to have your own personal advocate and representative!    Before viewing new construction homes and reviewing options, it is prudent to speak to a local agent who is familiar with the process and the area.
The prime example of real estate buyers seeking to go … (4 comments)

new construction: Real Life Real Estate...New Construction vs. Foreclosure - 03/17/11 06:49 AM

A hot topic for potential homebuyers is, should I look Foreclosures, existing older homes, or New Construction?  The hype lately seems to be on Short sales and Foreclosures. Bank owned properties are being snatched up by cash investors and we hear of bidding wars everyday in Tampa over bank owned properties. Investors have money to spend, and no desire to occupy the property personally, they can fix any issues that arise with no problems. It is very enticing for a buyer to see large discounts foreclosed and short sales but what else does a buyer need to consider when deciding … (0 comments)

 
Nibal Elsaadi (SI Real Estate Tampa)

Nibal Elsaadi

Tampa, FL

More about me…

SI Real Estate Tampa

Address: 1046 W. Busch Blvd., Suite 100, Tampa, FL , 33612

Office: (813) 631-5144

Mobile: (813) 215-4523



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