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Serving South Florida & Greater Tampa Bay Area

Bargain-priced properties in Florida becoming scarce

Sun-loving Canadians have taken advantage of the Florida housing meltdown, accounting for over 40 percent of home sales in the Sunshine State in 2010. Over 500,000 Canadians now own property in Florida. But now, it’s becoming more difficult to find bargain-priced distressed homes in Florida, according to Wayne Levy, company executive of Florida Home Finders Canada. “Banks also aren’t in..

Florida Home Prices Continue to Climb

Prices for single-family homes and condos in Miami jumped 25 percent and 19 percent respectively compared to median prices this time last year according to a recently released report from the Miami Association of Realtors. The report also found that the median sales price for single-family homes climbed 16 percent from February to March 2013 and the median sales price..

Are home prices rising too fast?

Optimism about the recovering real estate market is turning to a point of contention for some analysts who are worried about the sudden rise in property values. According to an article in The Wall Street Journal, this surge in home prices “could make homes more unaffordable again if the price increases outpace income growth.” Analysts agreed that right now low..

New Listing Under Contract in just 4 Days

The fabulous condo we just listed for sale Sunday at 2413 Bayshore Blvd, #702, located in the prestigious “Atrium on the Bayshore” complex is now under contract. Teresa Williams marketed and negotiated a sales contract in less than 96 hours. http://mfr.mlxchange.com/DotNet/Pub/EmailView.aspx?r=266047653&s=MFR&t=MFR If you thinking of buying or listing your home for sale, contact Teresa Williams of Prospera Realty and Property Management..

Vacation Home Buyers in 2012

Some recent statistics from the National Association of Realtors on vacation home buyers in 2012: • The vacation home median purchase price was higher in 2012 than in 2011. • The share of vacation buyers who did not use a mortgage rose slightly to 46 percent from 42 percent. • Vacation buyers expect to own their vacation home for 10..

U.S. Home Builders Exceed 1 Million mark in March – Highest level in Five Years

Indicating a strengthening of the U.S. housing market, home builders exceeded the 1 million mark in March. This number is the highest level reached since June 2008. Data released by the Commerce Department reported “the overall pace of homes started rose 7 percent from February to March to a seasonally adjusted rate of 1.04 million.”

Just Listed – Luxurious condo in prestigious “Atrium on the Bayshore”

If you’re looking for a luxurious home in the heart of South Tampa, your search is over. Preview this fabulous condominium just listed for sale at 2413 Bayshore Blvd, #702, located in the prestigious “Atrium on the Bayshore” complex. http://mfr.mlxchange.com/DotNet/Pub/EmailView.aspx?r=266047653&s=MFR&t=MFR This stunning high-rise condominium offers world-class comforts and breathtaking views of beautiful Tampa Bay from your own private balcony. Offering two..

CFPB Files Complaints Against Mortgage Insurers

The Consumer Financial Protection Bureau (CFPB) is calling for an end to what the Bureau claims to be illegal kickbacks paid by mortgage insurers to mortgage lenders in exchange for business. The mortgage insurance companies named in the actions are accused of providing the kickbacks to mortgage lenders by purchasing captive reinsurance that “was essentially worthless but was designed to..

Top Real Estate Analysts Predict Gains in Commercial Real Estate Market

A survey released Wednesday by the Urban Land Institute and Ernst & Young forecasts an optimistic outlook for the commercial real estate market over the next three years. With the housing market showing a strong recovery, economists and analysts are predicting a rebound in the commercial market as well. The survey measured the responses from 38 of the nation’s top..

Tampa Makes List of Top 20 Cities for Real Estate Investment

Tampa, Florida made the list of the top 20 cities where you can get the best return on your rental-home investment according to a recent study by RealtyTrac. The study focused on single-family rentals. If you’re thinking about buying or listing your home for sale, contact Teresa Williams of Prospera Realty and Property Management at 813-434-0290 or visit https://www.prosperarealty.com. Teresa is..

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