FROM: NAR Government Affairs RE: Tax Credit Closing Date Extension/Flood Insurance Extension DATE: 30 June 2010 After a close brush with the deadline, Congress has passed an extension of the Homebuyer Tax Credit closing deadline, the Homebuyer Assistance and Improvement Act (H.R. 5623). The extension applies only to transactions that have ratified contracts in place […]
Ten Terrific Home Staging Tips and Tricks-Tampa, Fl
Home Staging is preparing your home for sale so that it will appeal to the widest range of potential buyers. I see the staging process as consisting of two phases: preparation and staging. The five key preparation steps are de-cluttering, depersonalizing, neutralizing, repairing and cleaning (in that order). These steps are not optional! They are […]
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 […]
Foreclosures Highly Likely on Short Sales-HAFA Program NOT Working!
We just got out of a meeting with our Real Estate Attorney. He indicated that in the Tampa Bay Real estate market, short sales are becoming increasingly difficult. The banks are foreclosing on properties instead of proceeding with short sales. Short Sales are now taking up to 8 months to respond to offers. Maybe this […]
Statistics in Metro Tampa Housing Market-Home Prices, Where are they headed?
Prepared for Florida’s Hurricane Season? Warnings for Homeowners
When is Hurricane Season? Florida’s Hurricane Season starts June 1, and ends November 30th. Some scientists are predicting an above-average year with 15 named storms and eight hurricanes Did you know you can receive vital updates when a hurricane is threatening the City of Tampa?. When you subscribe for emergency notifications, you’ll also have […]
Seminole Heights Considered BEST Historic Neighborhood in Tampa
Some of the largest inventory of homes for sale that are 1920’s Bungalow Style homes, are located in the Historic Tampa Neighborhood of Seminole Heights. The Seminole Heights neighborhood is also close to Downtown Tampa and still one of the most affordable places to buy real estate in the Urban Corridor of Tampa. Seminole Heights’ close proximity to MacDill AFB and […]
The Connection Between Baseball and Real Estate-Tampa Scores BIG!
60 Minutes News Story-What is Strategic Mortgage Default?
Strategic Default: Walking Away from Mortgages – CBSNews A million Americans who could afford to pay their mortgages on homes `underwater` walked away instead. Morley Safer reports. (CBS) Despite some indications that the economy is recovering, the housing market remains a disaster area. Currently, about seven million homeowners are behind on their mortgages and that […]
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 […]