Tampa Real Estate Market News & Updates

Tampa Real Estate Market Report-First Quarter 2011

Here’s an in-depth look at Tampa’s current real estate market including statistics, neighborhoods, and home prices. This 15 page report compiled by the Greater Tampa Association of Realtors, which includes all homes, condos and townhouses sold in the first quarter of 2011. These statistics are broken down by zip code, average sales price, and number of … Continue reading Tampa Real Estate Market Report-First Quarter 2011

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Downtown Tampa News- Proposed Hi-Rise Condo Developments

People living within 3 miles of downtown equal 98,080, however there are only 3,000 people who actually live in Downtown

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Skypoint Hi-Rise Condos for sale- FHA Approved!

Skypoint condos for sale-Tampa, Fl- Short Sales Now starting in the 140′s! Now is your chance to take advantage of buying a short sale or foreclosure. If you’ve been waiting for a great deal on a condo, this is it!  FHA approved financing is available with only 3.5% down. Skypoint Condos in Downtown Tampa is the … Continue reading Skypoint Hi-Rise Condos for sale- FHA Approved!

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How Does Tampa Bay Compare in Lowest Performing Real Estate Markets?

If you are going to be in one of the lowest performing housing markets in the U.S., at least Tampa Bay is ranked at the bottom.  A Good sign that our Housing Market has bottomed out. Clear Capital releases their June Major Metro Market Real Estate Report. The report covers REO statistics and saturation, as … Continue reading How Does Tampa Bay Compare in Lowest Performing Real Estate Markets?

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Large Increase of Sales Showing Signs of “Bottomed Out” Tampa Housing Market

FORBES Ranks Tampa-St. Petersburg-Clearwater, FL  Number 2 in Metropolitan Statistical Area Report.  Meanwhile, The  Florida Realtor Organization Reports 37% Increase in Sales; Indicating the Real Estate Market has bottomed out. Cities in the “Sand States” of Florida, California, Arizona and Nevada, where overbuilding was rampant, are also in trouble, claiming nine of the top 10 … Continue reading Large Increase of Sales Showing Signs of “Bottomed Out” Tampa Housing Market

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Selling a Condo in Tampa Bay, Fl Could Get Easier-New Lending Rules

 Wall Street Journal Report Freddie Mac Eases Rules for Some Florida Condos Freddie Mac said on Wednesday it would relax some rules that have made it harder to get mortgages for condominium units in Florida. The move could make it easier for some owners to sell their units. Last year, Freddie Mac and its larger … Continue reading Selling a Condo in Tampa Bay, Fl Could Get Easier-New Lending Rules

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Real Estate in Tampa…More GREAT News on the growth of Downtown Tampa, Fl

If you’ve been following the news on Downtown Tampa Real Estate you’ll be interested in knowing how we are growing as a city.  I’ve been a believer that Downtown Tampa is a great place to purchase a condo and here’s more reasons.  Take advantage of the best buyers market we have seen in years.  Studies and … Continue reading Real Estate in Tampa…More GREAT News on the growth of Downtown Tampa, Fl

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New FHA Guidlines Waives 90 Day Rule for FLIPPING Homes-Tampa, Fl

HUD TAKES ACTION TO SPEED RESALE OF FORECLOSED PROPERTIES TO NEW OWNERS Measure to help bring stability to home values and accelerate sale of vacant properties This is GREAT news for the Tampa Real Estate Market as it will allow more homes to be sold in a shorter period of time.   Reducing the amount of … Continue reading New FHA Guidlines Waives 90 Day Rule for FLIPPING Homes-Tampa, Fl

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Home Owners may be eligible for Chinese Drywall Tax Break..but you'll have to PROVE you have it!

 WASHINGTON, D.C. — – Homeowners stuck with tainted Chinese drywall could be eligible for big tax breaks. The Internal Revenue Service said Thursday it would  consider granting a tax deduction for homeowners who can prove they have suffered “sudden, unusual and unexpected” damage because of the building material. In a market where many houses are … Continue reading Home Owners may be eligible for Chinese Drywall Tax Break..but you'll have to PROVE you have it!

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VENTANA CHANNELSIDE CONDO AUCTION! TAMPA, FL

CHANNELSIDE CONDO AUCTION! VENTANA-TAMPA, FL 33 Luxury Channelside Condos For Sale• Minimum bids from $145K   Pricing Example:  A 1 bedroom 2 bath condo, 1,143 square-foot condo at Ventana has a minimum bid of $145,000.   It’s last asking price: $473,100. Total units in building 84.  There are only 33 remaining.   Maintenance fees are calculated at .33 … Continue reading VENTANA CHANNELSIDE CONDO AUCTION! TAMPA, FL

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More Bankrupt Developments Liquidated-Clearwater/St. Pete, Fl

It will be interesting to see what these condos will sell for, or if they will turn into rentals.  In the Tampa Bay Real Estate Boom the  Opus South Condo Tower  Developments orginally listed at an average sale price of 700K.  The two developments have been purchased for an average sale price of 137,00 per … Continue reading More Bankrupt Developments Liquidated-Clearwater/St. Pete, Fl

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