Tampa Real Estate News

Suze Orman talks about Tampa Foreclosures on CNN

I watched Larry King last night on CNN, and Suze Orman mentioned that TAMPA, FL was an area that is experiencing foreclosures at record levels. What will this mean for our inventory of homes on the market? It can’t hurt to have the national media letting the public know that our Tampa Real Estate Market has become … Continue reading Suze Orman talks about Tampa Foreclosures on CNN

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Mortgage Rates Reach All Time Low-Tampa, Fl

Just a quick update on the lowest mortgage rates we’ve seen in a long time! I was sent this today: Conforming 30 yr fixed : 5.25% Conforming 30 yr fixed: 5.0% 30 yr FHA rates: 5.125% 30 yr VA rates: 5.375% JUMBO 5 YR ARM: 5.5% JUMBO 7YR ARM: 5.75% Here is what happened that … Continue reading Mortgage Rates Reach All Time Low-Tampa, Fl

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Tampa Real Estate Market #2 in Nation for Foreclosures

The Tampa Tribune reported that the Tampa, Fl area is now number two in the nation in foreclosures.  This is unbelievable news, knowing how hot our market was just 4 years ago. According to the statistics Tampa had the most filings in September, 2008, then the rest of the Bay area. TAMPA – Florida leapfrogged … Continue reading Tampa Real Estate Market #2 in Nation for Foreclosures

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New Owner's of The Place at Channelside decide to rent building

It’s official!  The new owner’s of The Place at Channelside have decided to turn the condo development into rentals.  What does this mean for people who purchased the condos and are either living there or trying to sell them?  It doesn’t look good, that’s for sure.  You can’t help but feel sorry for those who … Continue reading New Owner's of The Place at Channelside decide to rent building

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