The latest wild-and-crazy real estate market is taking bidding wars to a new level. In one city, real estate agents report getting 45 offers on one house. In another city, a Realtor reported getting more than 90! So out-of-control is demand that buyers are waiving inspections, removing contingency clauses from offers, and making offers sight […]
Average Rent Increases by More Than 9% in One Year -St. Pete, FL | Tampa Rising Up
Stunning Rent Rises Might Open Way for Investors as Well as First-Home Buyers As a Tampa Realtor working with clients who want to relocate from another city, I’m often asked about the pros and cons of buying versus renting. I recently did a blog post diving into the details of fresh studies showing that, in […]
2018 Unpredictable Home Prices-Tampa, St. Petersburg | STATS
New Numbers Are Out, and You Won’t Believe the Story They Tell! 2018 Mid-Year Tampa Bay Housing Market Report If you’re like me over the last decade you’ve kept your eye on the sometimes unpredictable patterns of home prices. As a Realtor in Tampa, I’ve always been keenly aware that a home is more than […]
Worried About Another Housing Bubble in Tampa? Inventory at 20 Yr Low!
How Real Estate Stats Apply to Tampa and Why Perception Is Not Reality Housing bubbles may be inevitable as populations shift, architects toil, contractors rush to build ever smarter homes and supply-and-demand goes up and down. But are we looking at a housing market crash in the next two years? Almost two-thirds of homeowners worry […]
Tampa Real Estate Suffers From Chronic Low Inventory and Fastest Price Hikes | [STATS]
Single Family Homes – Will Sticker Shock Soon Be Upon Us? Something is shifting in the Tampa-St. Pete-Clearwater housing market and the changes are seismic! Sales of homes in Hillsborough County priced at more than $1 million are up 52 percent over the previous year, the latest stats show. That’s dramatic. The only price range revealing a such […]
Luxury Waterfront Home Market Statistics 2009 vs 2015-Tampa, FL
In the Tampa Bay Area defining a luxury home community usually means a large waterfront home in a desirable neighborhood. How is Tampa, Florida’s Real Estate Market performing in high end home sales? In 2009 the average waterfront home listed for sale was a 4b/3b, slightly over 4,100 sq ft. These properties are either bay front, […]
Tampa’s Latest 2014 Housing Market and Foreclosure Stats
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. […]
Tampa Ranked #2 as BEST City in Nation to Invest in Rental Property [STATS]
Thinking of investing in real estate in Tampa Bay? I wanted to share with you the Rental Property Investor report created by All Property Management, which ranked the Tampa Real Estate Market as the 2nd best city in the nation to invest in rental property. The 2014 first quarter report has just been released and […]
August Real Estate Stats Are Out! Another Housing Bubble in Tampa?
South Tampa Real Estate: What Caused a 21% Increase in Average Sales Price?
Here’s the latest South Tampa Real Estate Market Report! I’m disappointed that there’s not much more to write about. I feel like it’s all been said, from the Evening News to the Tampa Bay Times to Saturday Night Live. So any more comments about Tampa’s answer to the Kardashians would be redundant. Besides, they may be […]