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The Insider Real Estate Blog Tampa, Fl

The Insider Real Estate Blog Tampa, Fl
TAMPA BAY AREA REAL ESTATE UPDATE FOR BUYERS ,SELLERSTAMPA FLORIDA REAL ESTATE MARKET, INVENTORY OF HOMES IN TAMPA, TAMPA HOME SALES, BUYING A HOME IN TAMPA, PROJECTS, NEW CONSTRUCTION, RELOCATION, SOUTH TAMPA, LOFTS, CONDOS, HOMES, TOWNHOMES,

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Home Prices Expected to Recover in 2008-Tampa, Fl
2007-07-25 20:56:00
Home Prices Expected to Recover in 2008 As Inventories Decline Says NAR Wednesday, July 11, 2007 - Home prices are expected to recover in 2008 with existing-home sales picking up late this year and new-home sales rising early next year, according to the latest forecast by the National Association of Realtors®. Lawrence Yun, NAR senior economist, said a good buyers? market has evolved. ?Buyers now have an overwhelming advantage given the wide selection of homes available in many markets,? he said. ?But with profit margins coming under pressure, homebuilders will limit new construction well into 2008. This should help the overall inventory level to move steadily into a more balanced state.? Existing-home sales are expected to total 6.11 million this year and 6.37 million in 2008, down from 6.48 million last year. New-home sales are projected at 865,000 in 2007 and 878,000 next year, compared with 1.05 million in 2006. Housing starts, including multifamily units, are forecast at 1.4...
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Five Key Factors in Selling a Home-Tampa, Fl
2007-07-24 04:00:00
The Five Key Factor s in Selling A Home There are more than 5 key factors that influence the sale of your home and the order is not as important as considering all of them when you are selling and pricing a home.You have all heard the most important factor in selling a home is location, location, location, but there are four others to consider.Price Home ConditionMarket ConditionsThe Realtor1. LOCATIONThe location of a home cannot be changed. The better the location such as a quiet cul-de-sac, backing on to a greenbelt, or a view are more generally considered more desirable. Alternatively, a busy street, nearby power lines, proximity to a commercial or retail business or even too close to a school are often considered less desirable. It is important that you recognize the location and price and market your home accordingly.2. PRICEPricing your home correctly is critical to the sale. The homeowner wants to sell their house for as much money as possible, but if your asking price is too ...
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Flip This House is looking for a new cast-Tampa, Fl
2007-07-14 23:32:00
Hi Everyone,You aren't going to believe who contacted us............the Cast ing Director for the show on A&E called Flip This House ! Here's the email he sent and information he asked our team to post to everyone here in the Tampa Bay Area. Please let us know if you know of anyone who fits their description of what they are looking for. Thanks!Rae Catanese Shatto & Michelle JordanRealtorsPrudential Tropical Realty-Tampa, FlHey There:I'm a casting director with 813 Casting and we're currently casting Flip This House on A&E. I came across your blog during my research. I apologize for the random email, but I wanted to make sure you knew Flip This House is looking for a new team to feature on the upcoming season of the hit show. (FTH is A&E?s #1 rated lifestyle show!) I think your blog is great, and could possibly be a great way to spread the word about the search for the new cast. We would love to try and reach more people, and could really use your help. Would it be possible...
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Most Resilient U.S. Real Estate Markets-Tampa, Fl
2007-07-09 17:07:00
So which metro area markets stand the best chance of recovery, and when will that upturn occur? Bayshore Condo Drastically Reduced for quick sale Behind The Numbers Market corrections follow three basic recovery patterns. A V-shaped recovery where a market experiences a sharp, fast decline but comes out strong once it hits bottom; a U-shaped recovery, where prices decline gradually and recover slowly; and an L-shaped curve, a hard, fast fall with paltry price bounceback following the market trough.The differences between a V-shaped market and a U-shaped one has to do with barriers to growth. High vacancy rates and high investor share can hurt a market, but if the local economy remains strong and housing stock affordable it's only a matter of how long it takes to absorb the excess inventory.Tampa is a perfect candidate for a V-shaped recovery, according to research from Moody's Economy.com, an economic analysis, forecasting and credit risk firm. The local economy remains strong, an...
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Find a Neighborhood in Tampa, Fl
2007-07-02 17:54:00
Find a Neighborhood Welcome to Find a Neighborhood. Your guide to obtaining neighborhood specific information including capital improvement projects, demographics, land use, maps, places of interest, association contacts, meetings, and more.http://www.tampagov.net/appl_neighbo rhoods/default.aspxTo receive more articles like this one subscribe to our Blog!Enter your Email AddressPowered by FeedBlitzTAMPA BAY AREA REAL ESTATE UPDATE BUYERS & SELLERS, TAMPA FLORIDA REAL ESTATE MARKET, INVENTORY HOMES IN TAMPA, TAMPA HOME SALES, BUYING A HOME IN TAMPA, PROJECTS, RELOCATION, SOUTH TAMPA, LOFTS, CONDOS, HOMES, TOWNHOMES, MLS SEARCH, REAL ESTATE CONTRACTS, WATERFRONT, LAND, LOTS, INVESTMENT, REALTOR, CHANNELSIDE, DOWNTOWN TAMPA, YBOR CITY, BEACH PARK, SUNSET PARK, PALMA CEIA, BAYSHORE, WESTSHORE, NEW CONSTRUCTION, DEVELOPERS, BUILDERS, RESIDENTIAL REAL ESTATE, TAMPA, FL, WATERFRONT
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Where to watch the fireworks in Tampa-Channelside District
2007-06-22 22:20:00
Buzz down to Tampa 's Channelside District to toast the Fourth of July. At 9PM, you'll get the chance to see one of the region's most spectacular fireworks displays exploding in a blur of color and sound over Old Hillsborough Bay. Enough visitors flock to Channelside ahead of time -- to down a few drinks at Margarita Mama's, or enjoy dinner at Stump's Supper Club -- to give the big night a decidedly festive atmosphere. If you're traveling with the kids, you may want to take advantage of a special deal offered by the Florida Aquarium. On Independence Day, you can get in for only $10 a head. And the venue's Explore-A-Shore will stay open late, giving you a great view of the fireworks.While many revelers are thrilled to join the mobs in the Channelside District, this event is also great for those who enjoy a lower-key celebration. The fireworks are visible from much of South Tampa's Bayshore Boulevard. So, if you're a South Tampa resident who doesn't feel like bucking the crow...
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$15.6 billion in Immediate Tax Relief and Reform -Tampa, Fl
2007-06-09 19:02:00
Marco RubioSpeaker, Florida House of Representatives $15.6 billion in Immediate Tax Relief and Reform (Statutory Changes)* Beginning this year, every category of property taxpayer will benefit from the cut and the cap that the statute imposes.* All cities and counties will be required to cut taxes in the upcoming 2007-2008 fiscal year to the 2006-2007 revenue levels. These local governments will then be required to make an additional cut of 3%, 5%,7% or 9%. The level of cuts will be determined by a formula that analyzes their taxing performance over the past 5 years, measured against a statewide average.* Special taxing districts and fiscally limited cities and counties willbe required to cut taxes to the 2006-2007 revenue levels and make anadditional cut of 3%.* A cap on future property tax revenues (based on the rate of personal income growth and new construction) will be imposed to ensure that government cannot grow faster than personal income.* Local governments may override the...
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34 buyers suing to get deposits back from condo project-Tampa, Fl
2007-06-08 16:21:00
34 buyers suing to get deposits back from condo projectBy: Dave BalutTampa , Fl. - The Channelside District as seen from one of the large parking garages across the street.A new condo project called The Place At Channelside is almost finished, but now some buyers are trying to bail out. 34 buyers are suing developers of The Place At Channelside to get out of their contracts and get their deposits back.Real estate investor Cindy Cicala says construction has taken a lot longer than she anticipated so she?s no longer ahead of the curve on the real estate market in Channelside.Cindy Cicala, Real Estate Attorney:?I feel very deceived. I feel like they haven?t fulfilled their contract. I just signed a contract based on certain things and they haven?t fulfilled it so I would just like my money back."Architect Marc Van Steenlandt says delays in construction at The Place at Channelside were caused by problems getting building materials like PVC pipe after Hurricane Katrina in 2005.He showed u...
More About: Project , Condo , Back , Buyers

Central Park Village changes plans-Tampa,Fl
2007-06-08 16:16:00
Central Park Village changes plansCouncil approval is needed for fewer homes, more retail space.By JANET ZINKPublished June 8, 2007TAMPA - Changes in the real estate market and the prospect of property tax cuts have forced the developers of Central Park Village to modify their plans for remaking an old public housing complex between downtown and Ybor City.Most significant, Bank of America wants the option to replace up to 680 condominiums with hotels, retail stores and office space. "We want the flexibility to respond to the market," said Roxanne Amoroso, senior vice president of community development banking for Bank of America.That could mean a loss of about 68 affordable homes that were to be developed and sold on the 28-acre property. It is zoned for up to 2,000 units. Original plans called for 1,100 condominiums."That's heavy with all that's happened in the market over the last 18 months," Amoroso said.More than 3,000 condominiums are finished or being built in and around do...
More About: Plans , Central , Tampa

Trump Tower Dead, Tampa, Fl
2007-06-01 14:12:00
Trump ends ties with Tampa towerAssociated PressPublished May 31, 2007TAMPA -- Donald Trump has pulled out of the $300 million, 52-story Trump Tower condominium project in Tampa, according to a lawsuit filed Friday in federal court.Trump said in the lawsuit that developer SimDag owes him more than $1 million in unpaid licensing fees. Trump also said SimDag failed to show it had sold enough condos, valued between $700,000 and $6.2 million, to meet contractual obligations to him.Trump was entitled to half the profit from the sale of 190 condos and a licensing fee of $2.8 million.The loss of the famous name could end the project."We could continue without Trump, but I don't know if we'd even want to, " said Eric Fordin of the Related Group, a Miami developer enlisted by SimDag to revive the project. The project, billed in January 2005 as one of the tallest towers on the Gulf of Mexico, has been burdened by financial setbacks, legal troubles and the slump in the housing market.Constru...
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Seminole Heights Historic District-Tampa, Fl
2007-05-22 01:46:00
View this 1926 Bungalow for sale in Semin ole Heights.If you are thinking of building a new home, purchasing a Bungalow, or want to make an addition to an existing home located in Seminole Heights you'll want to first determine if the property is in the boundaries of the Historic District .The map of the Seminole Heights Historic District shows the boundaries of the local and national districts and is used by the staff and the Architectural Review Commission ARC to help determine whether a structure is contributing or non-contributing. This determination is made using other information along with the map, such as the master site files. Do not use this map as the sole guide for determining the status of a structure.The ARC is responsible for reviewing development within a historic district. The purpose of the ARC is to insure that the integrity of the district is maintained. The ARC focuses on exterior work on a structure, but may review the interior in certain instances.Here's the m...
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Tampa Real Estate Market Update 5/21/2007
2007-05-21 18:30:00
Residential real estate practitioners look for opportunity in down marketTampa Bay Business Journal - May 18, 2007by Michael HinmanStaff Writer"The number of single-family home listings has gone down since March, which may indicate that over-priced homes are now removed from the market," said Ann Guiberson, president and CEO of the Pinellas Realtor Organization. "While year-to-year sales still show a large differential from our data, month-to-month numbers indicate that single-family home sales appear to be stabilizing." Sales are expected to continue falling through the next quarter but start to uptick in the second half of 2007 as buyers take advantage of lower prices, officials with the National Association of Realtors said in a release. Historically hotter markets like Tampa, however, may not wait that long to move back up, so those looking to invest should do so sooner rather than later, Rogers said."When it turns, it's going to turn fast," she said. "It's going to catch peop...
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It's a BUYER'S MARKET!-Tampa,FL
2007-05-20 00:38:00
Are first time home buyers fearing the worst? The past few years home buyers were coming out of the wood work looking to purchase. Mostly first time home buyers. What has really changed? Interest rates are now the lowest they've been all year, there is inventory galore, sellers are eager................. So what is stopping people from buying? Fear. Fear that things may get even better? My opinion is that things are pretty darn good now. Waiting may or may not be a good option for people. Once everyone figures out that now is the time to buy everything will change once again. They say it's either a buyer's market or a seller's market, not both.Here are Four Great Reasons To BuyIf you've ever thought about buying a home, but decided that it was too big a financial gamble, think again. It's possible you haven't considered the risk of not buying a home. For the majority of working people, home ownership is the single most reliable way to achieve financial security. Without it,...
More About: Market , Tampa

Property Tax Update-Tampa, Fl
2007-05-16 19:54:00
Speaker: Florida House Set to Deliver Prop erty -Owner ProtectionOrlando Sentinel May 11, 2007Marco Rubio Special to the Sentinel When Tallahassee turned its attention to property taxes earlier this year, the focus of the debate for many participants was centered on how much revenue government could afford to lose. Today, as we head toward a special session that promises to deliver historic tax relief, the debate is solely focused on how much taxpayers can afford to pay. As House Republicans, we consider that newfound taxpayer focus a significant accomplishment. Over the past three months, the Florida House of Representatives has promoted a bold idea on how to confront our state's biggest problem: unaffordable and unfair property taxes. Our goals were simple: reduce local government taxing and spending, provide significant and immediate relief to taxpayers, and give Floridians statewide the opportunity to vote for meaningful and comprehensive property-tax reform. We were consistent t...
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Hillsborough County housing statistics and trends 2007-Tampa, Fl
2007-05-14 22:26:00
I am posting the Tampa (Hillsborough County ) MLS data for the first quarter of 2007. These statistics represent the % of change of the current quarter compared to the same quarter a year ago. Click on the link below and look for your zip code.http://www.gtar.org/members/reports/ gtarq1-07.pdfFor questions related to selling your home in the Tampa Bay area contact Rae Catanese, Prudential Tropical Realty-813-784-7744 or email: realtyrae@yahoo.comTo receive more articles like this one subscribe to our Blog!Enter your Email AddressPowered by FeedBlitzTAMPA BAY AREA REAL ESTATE UPDATE BUYERS & SELLERS, TAMPA FLORIDA REAL ESTATE MARKET, INVENTORY HOMES IN TAMPA, TAMPA HOME SALES, BUYING A HOME IN TAMPA, PROJECTS, RELOCATION, SOUTH TAMPA, LOFTS, CONDOS, HOMES, TOWNHOMES, MLS SEARCH, REAL ESTATE CONTRACTS, WATERFRONT, LAND, LOTS, INVESTMENT, REALTOR, CHANNELSIDE, DOWNTOWN TAMPA, YBOR CITY, BEACH PARK, SUNSET PARK, PALMA CEIA, BAYSHORE, WESTSHORE, NEW CONSTRUCTION, DEVELOPERS, BUILDERS, RESI...
More About: Trends , Statistics , Housing

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