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02.04.2015
Despite the downturn nationally and in the Tampa Bay area, real estate still remains a solid long-term investment. Licensed Realtor since 2002, Tampa Bay’s own Rae Catanese regularly gives expert advice and insider tips about the Tampa Bay real estate market via her blog, The Tampa Real Estate Insider.
Buyer Beware: You May Be Competing with Foreign Investors Who Will Snap Up Your Dream Home Ahead of You!
The Partnership has played a major role in securing the residential development popping up all over downtown. The kitchen is large and opened with a comfortable dining bar by the front glass hurricane glass door with a screen door for the breezes.
South Tampa offers a unique blend of Southern hospitality, urban sophistication, and a wealth of cultural attractions. Florida is growing again after its first decline since the 1940s.  According to the University of Florida’s Bureau of Economic and Business Research, Florida added more than 21,000 residents between 2009 and 2010. Tampa homeowners have experienced roughly a 50% adjustment in value, making property more affordable than they have been in years. Interest rates remain at historic lows making the cost of borrowing a great long-term value and it allows housing to remain highly affordable. Long term demand coupled with declining housing starts will create long term upward pressure on prices.  Historically low Federal Reserve Funds rates are creating inflationary pressures that should drive prices higher. The sub-prime mortgage situation has resulted in banks tightening lending, which should guarantee future price appreciation once current inventories are absorbed without further bubbles. You have got to live somewhere and real estate has historically been a great diversifier for an investment portfolio.  Of course, there are simple ways to own real estate such as via a REIT or REIT mutual fund, but the real opportunities to profit still come to those who buy the right property, at the right price and at the right location. Working with both the public and private sectors, the Tampa Downtown Partnership has taken a lead role in encouraging this development. The Partnership has a memory of downtown’s past and a vision for its future, and actively identifies the steps needed to accomplish this vision of downtown as an active city center, bustling with people.


Now, the Partnership is working to secure amenity retail including convenient grocery stores, drugstores, retail boutiques, as well as cafes, restaurants and culturally oriented uses for downtown. MASTER SUITE includes private entrance to pool area, large Walk-In closet, garden tub, double sinks, and separate shower. The neighborhoods have that certain something that makes homes more homey, neighbors more neighborly, and a simple Saturday at the local park or cafe can be a cause to celebrate. Even four-legged friends appreciate breathtaking views of the city from sunrise until after dark. All HOME PHOTOS, VIRTUAL TOURS and Tampa real estate news!Search Tampa Homes - Tampa Bay Real Estate MLS ListingsSearch Tampa Homes, MLS listings, and Tampa Home Search using MLS for Tampa Real Estate, Tampa Bay Waterfront Condos and Tampa Oceanfront properties.Search for Tampa Real Estate Now! The Partnership has benchmarked the best practices of other successful downtowns and created new initiatives for downtown Tampa. Additionally, it is pursuing the vision of North Franklin Street as an urban entertainment district complete with nightclubs and trendy restaurants.
The interior has been upgraded with new diagonal 18" porcelain tile in all common areas and the 3rd bedroom. Detour to side streets for a glass of wine at some of the city's trendiest and tastiest restaurants.
Today both commercial and residential properties continue to boom in this South Tampa area. Surrounded by breath-taking panoramic views, it's also home for Tampa General Hospital, a yacht club, a private airport, restaurants and elegant shops. Baby boomers are one of the most economically advantaged groups in the nation and consistently list Florida among the top retirement destinations.
Let go over May 2016… I have never seen anything like this in all my years in Tampa Real Estate! But check out the sold homes- I had to double check the market statistics in order to make sure that my data was correct.


There will be a fight for property inventory and therefore multiple offer situations will arise from it. Within 18 hours, a new listing of mine had 14 showings and we received 3 offers… this was just days ago! Active listings are a little down, while pending & completed sales are higher and looking up. So if you are looking for a home in the $100K – 300K range, it will be a tight housing market because of that. It’s tough for buyers right now, because there is a good chance that they will run into multiple offers due to the low inventory of homes out there.
At the moment, most of my listings currently are receiving multiple offers, which exemplifies just that. The buyer that usually wins a multiple bid situation has all their ducks in a row lending-wise and as long as they have hired a good & aggressive realtor who knows what they’re doing. Not all agents are the same, so be particularly selective when it comes to choosing the best Tampa realtor to represent your interests. Informing yourself of real estate market reports and housing market trends at the start of your search will come in handy and prepare you for the home buying process. This issue has become a growing threat.If you know someone buying real estate please share with them. New vs Pre-Owned, Quality vs Quantity, How to make the most money, Should you use a Realtor, Land (size vs location), Questions to ask builders, The truth about builder warranties and a whole lot more. If you are looking at new homes in Tampa Bay I can give you a lot of great advice (watch video), save you time and save you money.



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