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Money’s BEST Big Cities | Tampa Is On The List..Here’s Why!

Tampa has made Money’s 2015 “5 Best Big Cities” list, classified as “Best in the Southeast.” Whether you’re picking Tampa as a place to relocate, retire, or simply choosing to continue calling Tampa home, you’ll be pleased to see the city recognized in key quarters. Tampa is in the news, and in a good way. Most prominently, Tampa has made Money’s 2015 “5 Best Big Cities” list, classified as “Best in the Southeast.” What impressed the editors? The write-up mentions sports, of course, including ice hockey and the Lightning’s try for the Stanley Cup as well as 2017’s college football national championship. There’s also room for celebration of the arts, and it’s great to see the arts getting well-deserved praise. The Tampa Museum of Art’s contemporary collection is a draw in a “stunning new building,” and the city’s hosting of the 15th International Indian Film Academy Awards – the Bollywood Oscars – also puts Tampa on the map. Median home price is listed at $121,200, which stacks up against the other four “best cities” on the Money list: Pittsburgh in the Northeast with a median home price of $115,200 Omaha in the Midwest with a median home price of $116,300 Mesa, Arizona, in the Southwest with a median home price of $172,500 Denver in the West with a median home price of $288,800 Tampa’s real estate prices are still more than a third below the peaks reached in 2006, the article points out, which is a boon to those looking to relocate in a town that offers good value in housing. A three-bedroom historic bungalow in trendy Seminole Heights... read more

FL: Still No. 1 in The US for Foreclosures | Million-Dollar Sales Increase by 93%

Florida: Still No. 1 in the United States for foreclosures, while million-dollar real estate sales multiply in Tampa, St. Petersburg metro area Foreclosures in Florida are down 22 percent from last year, but Florida is still the state that dominates the list of metro areas with the highest foreclosure rates. In fact, of the 10 metro areas with the highest rates, eight are in Florida. And here’s another figure that sets Florida apart: Length of time to complete the process. It takes more than two-and-a-half years (989 days, to be exact), on average, for the clock to run out on a foreclosed home. So if you’re eyeing all those tempting pre-foreclosure listings on Zillow, you could be waiting a very long time before that home gets listed for sale. Here are some fascinating figures from Hillsborough County: Short sales are down almost 31 percent over last year (trending downward from 104 to 72) Sales of homes priced at $1 million or above are up 93 percent – a higher jump than in any other price range Lump all the price ranges together in Hillsborough County, and home sales are up more than 27 percent Homes are selling faster in Hillsborough County than they were a year ago (spending 20 percent fewer days on the market before sale) A year ago more than four-and-a-half months’ worth of inventory existed, and that figure has now shrunk to less than four months As I’ve said in the past, sellers should strongly consider putting their homes on the market now before interest rates increase! All of this comes against a backdrop of U.S.... read more

Grand Opening | New Casa Bahia Waterfront Condos on Tampa Bay

Casa Bahia Condos | The Only New Construction Waterfront Condos in Tampa by WCI Communities. The grand opening of the new Casa Bahia Model at Westshore Yacht Club on beautiful Tampa Bay took place last week and it was a spectacular unveiling of the new condos.  This was the first time that future homeowners actually  saw what their unit would look like completed, as 24 units had already been pre-sold prior to construction. What surprised me the most is how large the rooms felt and open the floor plan was.  The views are outstanding, even from the 2nd floor.  The master bedroom, kitchen, family room and an expansive balcony that wraps around the back and side of the unit all have nice views.  Each condo has nearly 3,000 sq ft living space and additional 704 sq ft of lanai space! Having only seen Casa Bahia under construction and in drywall stage, it really made a big difference to see a unit fully completed and furnished.  I invite you to come and take a look at the only brand new waterfront condos for sale on Tampa Bay. Experience the Westshore Yacht Club’s many amenities and tour the community. This slideshow requires JavaScript. Currently there are 11 units for sale ranging in price from 710K to 875K, depending on the floor. The model condo pictured here is located on the 2nd floor, which is really the 1st floor of the building, as the parking garage is underneath.  There are only 4 floors total in each building. Please contact me here if you would like a private tour or more information of Westshore... read more

South Tampa Waterfront Homes For Sale | Starting at 1 Million

South Tampa Waterfront Communities You May Not Know About! Mariner Estates | South Tampa, FL If you are looking for South Tampa waterfront homes for sale and are having a hard time finding one, there are a few neighborhoods you may not have heard of that I wanted to share with you.  This home is located in a tucked away community called Mariner Estates. You’d probably never even know Mariner Estates is there. If you are heading Eastbound, coming over the Howard Frankland Bridge from St. Petersburg,  (also called Howard Frankenstein Bridge by the locals), you can see Mariner Estates from the bridge, but It is tucked away and hard to find by car. What I like best about Mariner Estates is there is only one way in and out. The road winds behind Microsoft Corporation, off of Hoover Blvd, and dead ends on beautiful Tampa Bay. The location can’t be beat. It has easy access to Interstate I-275, the Westshore Business District, Downtown Tampa and only 25 minutes to Downtown St. Petersburg. Hands down, this is the most convenient location to live in all of Tampa. The Mariner canal is popular for fishing enthusiasts because of the small island you see at the tip and the many mangroves which provide a nice spot to catch snook, mullet and snapper. This first and most northern canal, South of Kennedy Blvd, is the least expensive in all of South Tampa and located in the top rated Plant High School District. It has a very close proximity to the Tampa International Airport and at certain times of the day, you will most likely hear... read more

Tampa Solar Powered NET-ZERO Energy Home Goes Up For Sale

What is Net-Zero Energy and How Much Solar Power Does it Generate? A Net-Zero Energy home means that a home produces as much energy as it consumes. Living roofs, tiny homes, rooftop wind turbines – all indicate the compelling, never-ending fascination with reducing a house’s energy costs. But can a home actually produce as much energy as it consumes? Now, in Tampa, a true net-zero energy home is on the market. ​Owner Michael McGinnis explains: “We borrow energy from the electric company at night via the grid, and during the day we produce the energy we used and return that back to the power grid.” And what if he produces more power than he needs? “Any excess power we generate from our solar system, the utility company will owe us money. This is per the net-metering agreement we, and all, solar users in Florida have.” How much is the initial cost to make a home solar powered? McGinnis invested $38,000 in the solar system, so whomever purchases the home will be getting a HUGE savings – because, of course, the system will stay with the home. “Keep in mind that while the meter may show positive usage, the ‘net’ term is on an annual basis where your overall power usage for the year is zero,” McGinnis says. As the Wall Street Journal reported earlier this year, net-zero homes “have long been viewed as a niche product for the affluent who can afford custom homes.” This is changing. While it’s true that some home owners might wait several years to recoup the cost of solar panels and energy-efficient windows and... read more

The South Tampa Real Estate Market Is On Fire! [STATS]

The South Tampa Real Estate Market Is On Fire! Pending Homes Sales up 33% Unlike the National statistics and Hillsborough County as a whole, we want to take a closer look at one of Tampa’s most expensive zip codes (33629) Here are some figures I’d like to share with you for South Tampa Real Estate. South Tampa has long been one of the prime locations for homebuyers because of its proximity to an array of fine restaurants and stores, along with its convenient access to downtown as well as the bridges that lead to Gulf Coast beaches.  The 33629 zip code also boasts one of Tampa’s best school districts, Plant High School. Back to the South Tampa Stats:  The arrows point upward. In April of 2015 the median sales price is $479,900, up from $396,250 in March of 2015 and up over last year’s figure as well. (If you look at a two-year chart, March’s price went really low, but the dip looks like an aberration rather than a trend.) New pending sales are up 35 percent from a year ago, along with an almost 33 percent increase in sales that closed. Tampa’s most expensive home for sale is also located in the South Tampa area.  The historic Stovall-Lee House on Bayshore Boulevard in Tampa just hit the market at the highest price of any current listing in Hillsborough County and the second highest in the bay area.  For $13.9 million, you can own the largest estate in South Tampa. 4621 BAYSHORE BLVD, TAMPA, FL 33611 (MLS # T2753993) (all data current as of 9/5/2015) View Virtual Tour Price... read more

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I’ve known Rae for several years, and I have received incredible real estate advice from her. She is extremely knowledgable in all facets of real estate, from investing to short sales to buying your first home. She demonstrates that knowledge in her popular blog on real estate which is read widely, and known throughout the world. In addition, she is a true social media guru, and I’ve learned a great deal from her in that area as well. I strongly recommend Rae if you need any real estate advice, and if you want the up to the minute status on Tampa real estate.

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