Good news may be on the horizon for service members in Tampa. A Bill in the House of Representatives, "H.R.3590: The Service Members Home Ownership Tax Act of 2009", proposes to amend the Internal Revenue Code for members of the Armed Forces by waiving some of the restrictions on the first-time home buyers tax credit. One of the restriction lifted would include removing the tax credit repayment if … [Read more...]
Think Foreclosure is your only option…Think Again!
October 14, 2009 By
Owe more than your home is worth? Struggling with rising payments? Facing unforeseen circumstances? Need to move on to a new chapter? You are not alone. Thousands of Tampa homeowners are facing the same tough challenges every day. Now more than ever, there are steps you can take to avoid foreclosure. You need guidance, confidentiality and someone who understands the serious choices you are … [Read more...]
Do You Know Where Your Realtor Is?
October 13, 2009 By
Feeling abandoned? Is your trusted Tampa Realtor nowhere to be found? The Wall Street Journal has an article (click to read) today about Realtors who have left the business or are scrambling for extra work outside of real estate to compensate for the housing market's long decline. If your Realtor is missing in action....don't panic. The professionsal Realtors at Team Bohannon of Coldwell Banker … [Read more...]
New Tampa Condo and Townhouse Market
October 9, 2009 By
The median condo/townhome price in New Tampa (33647) this week is $105,000. The average New Tampa condo or townhome is on the market for 257 days and sells for $107 per square foot. Inventory is tightening and days on-market is falling. Demand heating up. These are tentatively bullish signs for prices. New Tampa Condo and TownhomesPrices in the 33647 zip code have been on a downward trend for 3 … [Read more...]
South Tampa Condo and Townhome Update
October 8, 2009 By
What is happening in the South Tampa condominium and townhome markets? To answer this question, we looked MLS data for sale in target zip codes. There are 557 condos and townhouses currently for sale; 59 went under contract in September; and 41 closed escrow in September. Hence about 1-out-of-10 are selling each month. While 59 units went under contract in September, there are 137 units … [Read more...]
Sanctuary on Livingston
October 8, 2009 By
Located just North of Tampa in Lutz, the Sanctuary on Livingston is gated community of fabulous homes on lots of at least 1 acre. What is happening with the real estate market in the Sanctuary on Livingston? To see the data, charts and graphs, check out our Sanctuary on Livingston Real Estate Market Report that shows statistics on listings, contracts, and recent closings. The report … [Read more...]
Lenders Are Reining In Short Sales
October 6, 2009 By
Short sales have been an important lifeline for many Tampa Bay homeowners unable to sell their homes at market prices. In fact, 30% of the single family homes for sale in New Tampa are short sales, while 46% of homes for sale in Wesley Chapel are short sales. Over half of the homes under contract in Hillsborough County are short sales. Many Tampa Bay homeowners have been willing to face … [Read more...]
