Ok, so you decided to buy a home within a Historic District and of course it is registered with The National Register of Historic Places. Because of this historical significance, your home has the potential for considerable rising property values. And if continuity of neighbors is important to you, it is a fact that there is a lower turnover rate of homeowners… Continue reading »
We all like to be prepared for the worst and hope for the best…that is why we all love predictions. So after doing my research out there for the upcoming year, I have put together what the experts think are going to be the upcoming changes in Tampa Bay Real Estate for 2014. That being said, and not forseeing some economic crisis that could change things, … Continue reading »
This year will be the last year, as foreseen by experts, that a low inventory in the housing market will help raise prices for sellers. Foreclosure and distressed properties are going away, and sellers stand to gain from this lack of available houses for sale. Considering the years behind us since the bust in 2008, sellers will be able to breathe again and hope … Continue reading »
If you were one of the lucky home buyers last year to obtain one of these loans—worth over $417,000 because of the low interest rates and attractive payment options, well things are changing this year in 2014.
The Consumer Financial Protection Bureau will still allow lenders to offer this type of mortgages, but there will be fewer interest-only and balloon-type… Continue reading »
2013 was a banner year for housing start-ups (to compete with existing home sales) in Hillsborough County but a majority of them (2 out of 3) were in areas that may not appeal to all buyers for any number of reasons. These new homes were built in the southern and eastern areas of the county, as well as, 1 out of 4 of them were built in Pasco county. This leaves a … Continue reading »