It doesn’t seem like four years ago that we all heard about the old Georgetown Apartments being purchased for a new waterfront community in South Tampa off of Westshore Blvd. Fast forward to 2009 and the apartments are still there and the property is in foreclosure. I remember taking clients out showing property and saying […]
Tampa Real Estate Insider in the Tampa Bay Business Journal
Hello Everyone, Just a quick update to let everyone know that the Tampa Bay Business Journal asked “The Tampa Real Estate Insider Blog” to do a testimonial. As a Real Estate Agent, and author of a Real Estate Blog in the Tampa Bay Area, The Business Journal provides me the information I need to stay […]
New 2009 Home Buyer Tax Credit Info-Tampa, Fl
The American Recovery and Reinvestment Act of 2009 ENHANCED HOME BUYER CREDIT Who Qualifies?: Anyone who has not owned a home for the preceding three years. That means you may still qualify for the incentive even if you and your spouse owned a home more than three years ago. How Much?: The incentive calls for […]
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 […]
St. Pete Boat Show March 13-15th at Tropicana Field
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 […]
Foreclosure activity increases 81 percent in 2008 according to RealtyTrac
What’s the difference between Florida and other housing markets? The Tampa Bay area is still a desirable retirement and second home destination. Therefore, we are expecting our market to increase in sales and reducing the amount of foreclosures in our housing market, sooner than other parts of the country. Nevada, Florida, Arizona posted top states […]
Mortgage Rate Forecast 2009-CNBC Interview
If you’ve been on the fence about buying a home in the Tampa Bay area; you’ll want to read this news article about interest rates. It’s hard to believe in today’s economic environment, but the overall Bond market, including Mortgage Bonds, are contending with the “I” word this morning…inflation…thanks to Fed member Frederic “Uncle Freddy” […]
2009 NEW Mortgage Loan Rates and Guidelines, FHA, Conventional
Here are some quick updates on how the mortgage industry will change your ability to buy a home in the Tampa Real Estate market. It’s not as bad as most people think! Although it can be confusing since things are changing every day! Here are the changes for FHA loans: Compliments of Katie Hughes, Prospect Mortgage […]
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 […]