tampa: Tampa's Real Estate Pulse for June
- 07/27/21 12:28 PM
The Tampa Bay Real Estate Market remains a hot seller's market!
Tampa's real estate market has had a flood of out-of-state buyers looking for more space, better weather, and a lower cost of living. Specifically, residents from California, New York, Connecticut, New Jersey, and Washington DC are fleeing from high taxes and cold weather. This influx was sparked by the pandemic and workers' ability to work from home. Below are the most recent statistics:
-There is still currently ONLY 1 month of resale inventory. This is the lowest we've had thus far making it a competitive seller’s market.
-The average sales price has … (1 comments)
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tampa: 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)
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tampa: 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)
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tampa: 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)
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tampa: 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)
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tampa: SI Real Estate Tampa, Back and Better than Ever!
- 07/21/20 02:08 PM
It's been a little while since we have last written, 3 years to be exact!
The market in Tampa has been phenomenal and growing at an unstoppable rate! One of the only positives about living through a pandemic is the ability to reset. The time period between March and May has given us a much-needed breather. It's allowed us to refocus on creating content to share our insights and perspectives.
We're glad to be back, please drop us a line with any of your real estate questions! 813-631-5144
… (0 comments)
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tampa: “Shedquarters”: Your New Personal Oasis at Home!
- 05/03/17 01:42 PM
With Spring comes new trends and fresh real estate concepts. If you’re looking for an innovative addition to your existing home and living space – here’s your answer!
Introducing ‘Shedquarters’! This new real estate trend is now emerging and offers your outdoor space a new twist. You’ve heard of the ever-popular ‘Man Cave’, maybe you’ve even created the ultimate lounge area in your own home, but now it’s time to clean out the lonely forgotten shed in your backyard, or bring in a new shed and start from scratch! Here we will imagine the endless possibilities that your own personal ‘Shedquarters’ could … (2 comments)
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tampa: Featured Properties: Tampa, FL
- 04/21/17 01:27 PM
FOR SALE
~20437 Autumn Fern Avenue~
Absolutely pristine 4 bedroom, 3 bath home located on a picturesque conservation lot in Live Oak. Just built in 2011 and has ample space for your family to grow and stretch in this 2600 sq ft, 2 story, 2 car garage home!!
Just listed for $286,900!
Beautiful 42” espresso cabinets and granite counter tops accent the generous gourmet kitchen with stainless appliances. Easy access to your huge screened in lanai to complete your outdoor space. The flex room downstairs is perfect for any office, den, library or even a formal dining room.
Upstairs you’re greeted by a loft space … (6 comments)
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tampa: Real Estate in Full Bloom
- 04/10/17 08:32 AM
As spring flourishes around us, the real estate market blooms as well! Are you considering making a move this year? Now is the perfect time to prepare for this home selling season! Keeping in mind a few simple marketing tricks to make your home stand out from the competition!
First and foremost, jump on the spring cleaning bandwagon! Sometimes the small details of cleaning the inside of closets and clearing away clutter are forgotten, but these particulars are noticeable to potential home buyers. As articulated by Michele Lerner of Realtor.com, “While everyone has clutter, buyers want to see a fantasy version of … (1 comments)
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tampa: Hometown Trends: Tampa, FL
- 03/30/17 09:39 AM
Welcome to Tampa, Florida! Home of the Buccaneers, the Lightning, the Rays and Florida’s powerhouse of business and economic development.
Lifetime locals and newcomers alike, have been the beneficiaries of Tampa’s expansive business, entertainment and real estate advancements. Making the list yet again, Tampa ranks #8 on Forbes’ list of Fastest-Growing American Cities.
A major player in Tampa’s growth over the past couple of years has been the ever-expanding Tampa International Airport. Not only has this project enhanced the Tampa traveler experience, but it has also created thousands of local jobs, contributing to Forbes’ 2.43% projected job growth for the Tampa Bay … (0 comments)
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tampa: A Glimpse Into The Real Estate Crystal Ball: Real Estate Forecast 2017
- 02/02/17 08:21 AM
As the buzz of New Year celebrations have settled down, many people are taking a closer look at the pulse of the real estate market for the year ahead. Whether you are considering buying a new home or selling your existing home, 2017 is looking like a promising year for your potential real estate transactions!
Kicking off 2017, Realtor.com has released their yearly forecast, predicting a sales volume increase of 4.17% across the southern Florida market. Despite South Florida’s strong population growth and stable job creation, 2016 saw a decrease in home and condo sales – making this year’s sales prediction music … (3 comments)
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tampa: Real Estate Rewind: 2016
- 12/16/16 12:49 PM
Now twelve months into 2016, we’ve had a big year in real estate! Between the Olympics, the elections and of course, real estate, many changes and trends have emerged.
Rent Vs Buy: Always a hot topic! Typically, consumers have assumed that renting is more affordable than buying a home. But, numerous factors have changed home buying in 2016, including credit reporting!
Have you checked your credit score lately? You may have seen an increase thanks to the new FICO 9 reporting system. Historically, the weight of medical bills negatively impacted consumer credit reports, but now, “A person’s credit score, with medical conditions, will … (2 comments)
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tampa: Why Use A Realtor for Your New Construction Purchase?
- 11/18/16 02:08 AM
Searching for a home to purchase? You’ve probably noticed the increasing inventory of new construction homes available. Builders are developing new communities all over Florida, especially in the greater Tampa Bay area. If you’re ready to start exploring the option of purchasing a model or builder home, don’t go it alone! There are countless advantages of having an agent with connections to builders and the community, along with new construction experience, by your side for a new home purchase… Always use a Realtor ®
As you admire the freshly built model home, you may be surprised to learn that the “new home … (3 comments)
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tampa: Real Estate Season: Hot Springtime Demand About to Start
- 03/25/16 03:33 AM
Real Estate Season - Home Buying and Selling
Hot Springtime Demand About To Start!
The first month of each year when home buying starts to heat up is always April. Experts at the Florida Association of Realtors are expecting the next 4 months (April to July) to have the highest number of buyer and seller transactions all year. Considering real estate transactions have already started this year off at an extremely fast pace, it is exciting to think about the upcoming spring season of 2016.
Sellers will remain in the driver’s seat at all pricing levels. Inventory of homes around $100 to $125K are … (0 comments)
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tampa: Florida’s housing market 2015: Report Card!
- 02/22/16 02:22 AM
Now that the Real Estate industry has final numbers from 2015, they are releasing that data and the subsequent results of last year. As we have reported many times throughout the last 12 months, 2015 was a very strong year in the housing market. After reflecting on 2015, FL Realtors President Matey Veissi states “Florida’s economy is in growth mode, more jobs are being created and mortgage interest rates remain at historically low levels which will continue to drive the state’s housing market in 2016.” Let’s see what else the 2015 FL housing market report says and the impressive numbers it … (2 comments)
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tampa: Florida’s housing market 2015: Report Card
- 02/19/16 02:35 AM
Now that the Real Estate industry has final numbers from 2015, they are releasing that data and the subsequent results of last year. As we have reported many times throughout the last 12 months, 2015 was a very strong year in the housing market. After reflecting on 2015, FL Realtors President Matey Veissi states “Florida’s economy is in growth mode, more jobs are being created and mortgage interest rates remain at historically low levels which will continue to drive the state’s housing market in 2016.” Let’s see what else the 2015 FL housing market report says and the impressive numbers it … (1 comments)
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tampa: Real Estate and Housing Predictions for 2016
- 02/03/16 01:04 AM
SI Real Estate Tampa Bay is excited to see what 2016 has in store for the housing market.
We were pleasantly surprised with the uptick in real estate activity in 2015. Of course everyone is turning the page to the New Year, and consumers are contemplating what to expect in the housing market. The professionals here at SI Real Estate fully believe this year will be an even better one, eclipsing the fantastic turn-around last year that took place throughout the US. Some of the key reasons for this that we are going to talk about: interest rates/lending, inventory, and pricing.
Interest rates … (0 comments)
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tampa: Florida’s Housing Market Stays Hot! Here's why..
- 12/14/15 04:08 AM
All year long we have been watching the real estate market heat up in Florida. There are many reasons why we are seeing a different resurgence this year! A few of the key catalysts are: the Florida Legislature, interest rates and PMI insurance reductions. Each of these played a high valued role in the 2015 housing market. Combining all three, we can see housing is more affordable and there are a lot more people looking for housing!
Florida Governor Rick Scott is very enthusiastic about the housing market citing this past month as another remarkable one for the state. He is particularly … (3 comments)
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tampa: Florida’s Housing Market Stays Hot! Here's why..
- 12/04/15 02:34 AM
All year long we have been watching the real estate market heat up in Florida. There are many reasons why we are seeing a different resurgence this year! A few of the key catalysts are: the Florida Legislature, interest rates and PMI insurance reductions. Each of these played a high valued role in the 2015 housing market. Combining all three, we can see housing is more affordable and there are a lot more people looking for housing!
Florida Governor Rick Scott is very enthusiastic about the housing market citing this past month as another remarkable one for the state. He is particularly … (0 comments)
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tampa: Tampa: Ranked Top 6 in Nation for Real Estate Investors
- 10/27/15 01:16 AM
Tampa Bay investors are finding out how hot the area is lately, ranking #6 among the top 50 cities for Real Estate investing. Everyone likes generating wealth, especially if the return (ROI) is on a real estate investment. It is extremely satisfying when you put your money to work for you. Real Estate investors look all over the place searching for the best property to invest their money in. Their money has been working extra hard here in Tampa. Over the past 12 months, Tampa’s investors have averaged 16.7 percent gross return on their investment. That is incredibly high, a very … (3 comments)
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The Tampa Bay Real Estate Market remains a hot seller's market!
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