South Tampa (33606) Real Estate Update For July
The upscale Tampa Bay zip code in Hyde Park (33606) had ten single family homes and ten townhouses/condos sell in the month of July. Median list price for single family homes for the month was $328, 950 or $216 per sq/ft and a median sales price of $323, 550 or $212 per sq/ft. This yielded Read More
A Stunning 3500 sq ft. Waterfront Executive in Land O Lakes!
Presenting a premium Tampa lake front home in Land O Lakes Florida. This custom built 4/4 is situated in an exclusive Tampa waterfront community of only 16 homes in an A+ school district. Features include soaring 12 ft. ceilings, 8 ft. doors, 8 inch crown molding, oversized closets, oversized bedrooms, custom closets in master; Read More
Low Appraisals Keeping Downward Pressure on Home Prices
According to the National Association of Realtors, some agents surveyed reported sales falling through because appraisers are coming in with light numbers. I speculate, as do others, that the banks are leaning on them so as to minimize risk in the Tampa real estate market. While this is understandable to a degree, the low valuations Read More
Tampa Real Estate: The Fed Keeping Rates Low Through 2013
With the latest stock market turmoil spun from the debt ceiling fiasco, the Federal Reserve has stepped in and said they will keep rates low for two years. In their announcement they acknowledged that the economy was growing slower than they had originally anticipated and they will keep its interest rates near zero through 2013. Read More
Real Estate in Tampa: Why You Should Lock in a Mortgage Rate Now
Political ideology aside, one thing is for sure: If Washington can’t resolve their problems, we could very well see a credit rating downgrade. What would a downgrade mean to the average American? In short, if our government’s costs go up, so do ours. The cost to borrow money will go higher for everybody because Uncle Read More
