What is the Real Estate Market Doing?

As a realtor, one of  the most common questions heard is "what is the housing market like". There is never an easy answer, but as we roll into 2018, I wanted to try and attack that question.  Here in the Tampa Bay area, the housing market is pretty good, particularly if you are looking to sell! Tampa Bay ranks 29th in the nation's top 100 markets for 2018. Coming in behind Lakeland, Miami, Orlando, Daytona Beach and Sarasota, but finishing ahead of Cape Coral and Fort Myers.   Sellers According to Darne Blomquist, senior vice president at ATTOM, a real...

Learning About Loans

  Many potential home owners are hesitant to even dip their toes in the intimidating home ownership  water. It seems a large part of that fear stems from thinking they can't afford a home. A recent survey by rental service, Apartment List, found that 80 percent of millennial renters want to buy a home, but most say they can't afford it. What you may not know is that there are quite a few programs out there that offer assistance. Here we have outlined a handful of those and provided links for further reading.   FHA LOAN FHA, short for Federal...

Buying a House? Don’t Forget to Factor in Property Taxes!

You’ve found the dream house, the price is right and you are ready to purchase. Make sure you stop and consider additional expenses first. The cost of homeownership goes beyond just your mortgage payment. For instance, property taxes and flood insurance. In this article we are going to focus on property taxes. Did you know that Florida’s property taxes average 1.1% of a home’s assessed value? This tax helps support state and local government funding, since Florida doesn’t impose a personal income tax. It’s imperative that you discover how your property tax bill works. Once you understand how your property...

There is Still Time to Get in on the Awesome 2016 Real Estate Market!

As the year begins to wind down, you may want to consider getting a piece of the St. Petersburg Real Estate action! It's not too late to take advantage of this years upswing. Below we have outlined some of the reasons the Real Estate Market in our area is at its prime! 1. Wide range of price points in the housing market.  1. People are employed. The trend line for the Tampa unemployment rate began to drop at the beginning of September 2015 and, by November, had dipped to 4.6 percent. Much of that employment came from sectors outside agriculture –...

Top 10 Reasons to Get In on St. Pete 2016 Real Estate Market!

The year is winding to a close, but it isn't too late to get a "piece of the action" here in St. Pete's Real Estate market! Below we have outlined the top 10 reasons you don't want to wait for the New Year's Eve countdown to make your move! 1. A Wide Range of Housing Price Points. The range of Real Estate prices make St. Pete/Tampa an ideal place for Snow Birds, people wanting to relocate, investors and first time buyers. From the $150,000's (median sale price of a single-family home) in Hernando County to $229,000 in Hillsborough and with a...