Are you thinking about investing in residential real estate? Real estate has consistently proven to be a better long-term investment than the stock market, even when taking into account the recent housing crisis. Many first-time investors are intrigued by eye-popping, low prices on Tampa Bay condos, townhomes and single family homes. The combination of low purchase prices and a strong rental … [Read more...]
What is happening with home sales in Northwest Hillsborough's 33626 zip code? This popular Tampa Bay community contains 3,373 single family homes in neighborhoods such as: Westchase, Waterchase, Highland Park, Fawnridge, Twin Brach, West Hampton, Westchester and Westwood Lakes. According to Tampa MLS data, there are 146 single family homes for sale in the 33626 area. Of the homes for sale, … [Read more...]
While not as well known as Case-Shiller, OFHEO or CoreLogic, we also follow the Clear Capital HDI Market Report for Tampa Bay real estate data. The Clear Capital HDI Market Report shows downward pricing trends (peak, trough, secondary trough and tax credit run-ups) in home prices and an increasing of double scenario for many housing markets throughout the nation. “In terms of home prices, … [Read more...]
We've seen a series of stories about strength in the luxury housing market such as "Who's buying homes - The rich" that cry out for fact checking. How well does this CNN template hold up? Do these national stories apply to the Tampa Bay luxury home market? Are million dollar homes selling quickly? According to MLS data, there are 632 homes for sale for over $1,000,000 in Hillsborough, Pasco … [Read more...]
What is happening with home sales in New Tampa? Rather than relying on National Association of Realtor data, what are the 33647 zip code sales numbers? Our “Year Over Year” report measures the number of home sales each month and compares it with the same month from previous years. While seasonality and previous tax incentives impact the data, distress sales (forecloses / short sales) and … [Read more...]
