The Southside Report June, 2010 _____________________________________________________________________ By Bruce Tigert: Bayshore Title, Tampa, Fl The other day a friend of mine in the real estate business said, “Some days it’s just hard to put on a positive attitude.” Today may be one of those days. Maybe it’s the heat or the stock market; or maybe it’s […]
Time to Close On A Home Increases 32.5% in Tampa-Banks Having a Hard Time Keeping Up With Demand.
How many of you have had a contract to purchase a home and the bank needed an extension? Almost every sale I’ve had this year has resulted in an extension of the closing date. The main reason in my opinion, is setting unrealistic closing times and a large increase in sales. Short Sales are another […]
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 […]
The Connection Between Baseball and Real Estate-Tampa Scores BIG!
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 […]
South Tampa Real Estate Market Report 2010-Luxury Home Sales vs Average Sales Price
This report is for South Tampa Neighborhoods, Zip Codes: 33606, 33609, 33611, 33629 click to see map and homes for sale Looking for some good news? One of the BEST Neighborhoods in Tampa is showing signs of a rebound. Take a look at the number of transactions in South Tampa and you will see some relatively […]
Florida Condo Sales up 47%-Trends, Statistics and Positive Signs for Housing Market
Figures recently released by Florida Realtors show a changed housing market punctuated by levels that can be likened to the more normal events of the ‘pre-boom’ era of 2002. Reports illustrate that in 2009, home sales rose statewide 31 percent with a total of 163,148 homes sold compared to 124,168 homes sold in 2008. Florida’s […]
More Bankrupt Developments Liquidated-Clearwater/St. Pete, Fl
It will be interesting to see what these condos will sell for, or if they will turn into rentals. In the Tampa Bay Real Estate Boom the Opus South Condo Tower Developments orginally listed at an average sale price of 700K. The two developments have been purchased for an average sale price of 137,00 per […]
Foreclosure Rates show 50% increase Tampa,Fl
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 […]