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. […]
Realtors, real estate agents and brokers are bound by the Code of Ethics and Standards of Practice of the National Association of Realtors. This document is updated yearly at an annual convention. All Realtors are bound by this code, and its rules and regulations apply to how Realtors relate to their clients, to the […]
Congress passed the Homeowner Flood Insurance Affordability Act of 2013 earlier this month. All that remained was for President Obama to sign the bill into law and he did just that on March 24th. What does all this mean for buyers and sellers of waterfront property in Tampa Bay? The legislation bill will prohibit the […]
Are you paying for private mortgage insurance (PMI)? In 2014, private mortgage deductions could disappear For tax year 2013, you can treat qualified PMI premiums as home mortgage interest, but the deduction only applies if your adjusted gross income is no greater than $109,000, and it is available only for mortgages entered into between 2007 […]
What are the predictions for the Tampa Real Estate market in 2014? In 2013, the Tampa Housing Market saw a rebound. If you’ve been following the headlines, some of the most popular trends reported here in the Greater Tampa Bay Area were focused on historically low inventory and real estate bidding wars. We’ve seen it […]
Interest rates have been at record low levels, recently as low as 3.5 percent, but how long will this last? And should you buy now or wait until the “perfect” time? 2014 Housing Predictions and Outlook The Tampa Real Estate Insider Interest Rates on the Rise: According to Freddie Mac’s weekly mortgage rate survey, currently […]
If you’ve been putting off buying a home due to a previous foreclosure, short sale or bankruptcy you may now qualify to purchase a home! If you could use a fresh start at homeownership, Prospect’s Second Chance MortgageTM might help qualify buyers for home financing. If you have lost a home to foreclosure, short sale, […]
Jumbo Loans and Financing: 6 important steps to apply for jumbo loan in Tampa Jumbo loan rates have recently become very competitive with regular loans. Some banks are now offering lower rates and financing costs, and million-dollar homes in Tampa are becoming a relative bargain. Deals on jumbo loans will likely cause an increase in […]
Flood Zones Tampa Florida residents be aware. Your flood insurance premiums are about to rise dramatically on Oct. 1, in some areas as high as $12,000 a year. The change is a consequence of the Flood Insurance Reform Act of 2012 going into effect this fall. The act is designed to replenish $20 billion the […]
Post by The Tampa Real Estate Insider. What are your thoughts about Tampa Real Estate market conditions? Download full report here. Source: Clear Capital®
