Did everyone see the recent 2012 Clear Capital Real Estate Market Forecast? The Tampa Bay Area Real Estate Market is forecasted to gain a 7.4% price increase in 2012! According to the predictions, we are now number 6 in the U.S. to see positive growth and stability in our housing market. The significant change in our market […]
Tampa Real Estate Market Report-First Quarter 2011
Here’s an in-depth look at Tampa’s current real estate market including statistics, neighborhoods, and home prices. This 15 page report compiled by the Greater Tampa Association of Realtors, which includes all homes, condos and townhouses sold in the first quarter of 2011. These statistics are broken down by zip code, average sales price, and number of […]
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 […]
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 […]
New FHA Guidlines Waives 90 Day Rule for FLIPPING Homes-Tampa, Fl
HUD TAKES ACTION TO SPEED RESALE OF FORECLOSED PROPERTIES TO NEW OWNERS Measure to help bring stability to home values and accelerate sale of vacant properties This is GREAT news for the Tampa Real Estate Market as it will allow more homes to be sold in a shorter period of time. Reducing the amount of […]
Home Owners may be eligible for Chinese Drywall Tax Break..but you’ll have to PROVE you have it!
WASHINGTON, D.C. — – Homeowners stuck with tainted Chinese drywall could be eligible for big tax breaks. The Internal Revenue Service said Thursday it would consider granting a tax deduction for homeowners who can prove they have suffered “sudden, unusual and unexpected” damage because of the building material. In a market where many houses are […]
Foreign Home Buyer Trends Real Estate Report-Tampa, Fl
Tampa Real Estate makes TOP 20 List for positive EQUITY
News on Short Sales and amount owed for Doc Stamps-Florida
DOR ISSUES SHORT SALES DOC STAMP RULING The Florida Department of Revenue (DOR) issued a ruling late yesterday stating that doc stamp taxes owed on a short sale should be based on the sale price paid by the purchaser and not on the sale price PLUS any amount forgiven by the home seller’s lender. DOR’s […]
Bad news on foreclosure filings-Tampa, Fl
Last week, RealtyTrac reported no real letdown in the endless bad news on foreclosure filings. August foreclosure filings were reported on 358,471 U.S. properties, a slight decline of one percent from July but 18 percent over August 2008. We’re on track for a 4 million foreclosure year. Last year, foreclosure filings were reported on 2,330,483 […]