Condo Market News

Towers of Channelside Article in Tampa Bay Business Journal

Living in Tampa’s Channel District just got a little cheaper Tampa Bay Business Journal Towers of Channelside Photo Album The Towers of Channelside is becoming more affordable, bad news for sellers. Towers of Channelside, downtown’s most visible representation of a housing market that was, is now offering units at just 58 cents on the dollar, … Continue reading Towers of Channelside Article in Tampa Bay Business Journal

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Florida Condo Sales up 47%-Trends, Statistics and Positive Signs for Housing Market

Figures recently released by Florida Realtors show a changed housing market punctuated by levels that can be likened to the more normal events of the  ‘pre-boom’ era of 2002.    Reports illustrate that in 2009, home sales rose statewide 31 percent with a total of 163,148 homes sold compared to 124,168 homes sold in 2008.  Florida’s … Continue reading Florida Condo Sales up 47%-Trends, Statistics and Positive Signs for Housing Market

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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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New rules raise the bar for condo mortgages- Tampa, Fl

 In a move that will make it even more difficult to qualify for a condo loan, Fannie Mae is putting a host of new conditions on mortgages for condominiums.    View from 345 Bayshore Condo Lending giant Fannie Mae is slapping tough new requirements Fannie Mae’s timing ”couldn’t be worse,” said Jack McCabe, a South … Continue reading New rules raise the bar for condo mortgages- Tampa, Fl

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Do your research on Condo and HOA fees! Tampa, Fl

As Real Estate Agents in the Tampa Real Estate Market we are seeing so many different obstacles to overcome.  Most stems from the foreclosures and it’s effects on the Real Estate Market here in Tampa bay.   This is a guest post from my business partner Michelle Jordan at Prudential Tropical Realty. When she told … Continue reading Do your research on Condo and HOA fees! Tampa, Fl

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Towers of Channelside "DEVELOPER EMERGES FROM CHAPTER 11 ON OCT 1st"

Towers of Channelside announced in the Tampa MLS condo listings that “DEVELOPER EMERGES FROM CHAPTER 11 ON OCTOBER 1. CHECK OUT LATEST DISCOUNTED PRICES.” I emailed my friend Michael at the Tampa Bay Business Journal to see if he had heard of anything regarding the bankruptcy. He says “It’s on the front page of our … Continue reading Towers of Channelside "DEVELOPER EMERGES FROM CHAPTER 11 ON OCT 1st"

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