South Tampa Realtor
The Greater Tampa Association of Realtors (GTAR) has released their March 2014 statistical data and I thought it might be nice to share a couple graphs with you and offer my opinion on this data. The March 2014 average residential sales price of $209,382 represents a 40% increase over the post-crash bottom of $149,516 seen in January 2011. […]
“Florida continues to be the worst state in terms of delinquencies with 26 percent of Florida mortgages one payment or more past due as of December 31st. 20.4 percent of Florida mortgages are 90 days or more past due or already in the process of foreclosure. Nevada is the second worst state with 24.7 percent […]
Foreclosure activity continues to rise in Tampa Bay Tampa Bay Business Journal There is little good news in a new foreclosure report from First American CoreLogic that shows more increases year-over-year in families losing homes. But the Tampa Bay region is doing better than Florida as a whole. Foreclosure rates in August 2009 were 8.58 percent […]
During the month of March, 2009 In Florida, one in every 282 homeowners received a foreclosure notice. In the U.S. One in every 538 American households received either a default notice, auction sale notice or bank repossession, according to RealtyTrac’s U.S. Foreclosure Market Report. With foreclosure filings up 57 percent from a year ago, (Source: RealtyTrac.) […]
Existing Home Sales Rise 23% By SHANNON BEHNKEN sbehnken@tampatrib.com Sales of existing homes rose 23 percent in the Tampa Real Estate Market as bargain hunters snatched up distressed properties and continued to keep home prices lower. That’s the largest jump since September, when sales rose 29 percent. In the Tampa, St. Petersburg, Clearwater metro area, […]
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 […]
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 […]
What is a short sale? When researching how to buy homes for sale in Tampa, Florida, you’ll see bank owned (foreclosures) and short sales listed in MLS. They may say “listing price may not be sufficient to cover all expenses” and you’ll know it’s a short sale. Short sales are homes that the seller is hoping the […]
Short Sales vs. Foreclosures and its effects on Credit…. Breaking the myth There has been so much misinformation out there on the process of Foreclosures and Short sales; that I asked Katie Cook Hughes, Sr. Loan Officer at Prospect Mortgage in Tampa, Fl to clarify the situation for us! I think that many sellers have been […]
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 […]
