“Sellers continued to get more of their original asking price at the closing table. Sellers of existing single-family homes in May received 96.2 percent (median percentage) of their original listing price, while those selling townhouse-condo properties received 94.6 percent (median percentage).” Source: Fla.’s median prices, sales, listings rise in May
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General Information in Real Estate
RE Technology Portal – Zillow and Move/NAR Settle Lawsuit and End Trade Secrets Battle
This is the reason why Zillow and other 3rd party real estate sites don’t have the most updated information in real estate. Use the MLS in my website or Realtor.com! By Kelly J. Phelan, RET Content Editor Source: RE Technology Portal – Zillow and Move/NAR Settle Lawsuit and End Trade Secrets Battle
Read More30-year fixed mortgage rates hit three-year low
Best lock-in your rate soon! Source: 30-year fixed mortgage rates hit three-year low
Read MoreDemand for apartments slowing
Unfortunately, rents still go up and will continue if there are more vacancies. Source: Demand for apartments slowing
Read MoreStudy: Little chance Fla. home prices will drop
Yes, home prices are steadily going up and unlikely will drop. This is good news to all homeowners in the Tampa Bay area. For you who are looking to move, the time is now. Source: Study: Little chance Fla. home prices will drop
Read MoreThe 10 best & worst states to pay taxes
Here’s some pretty good info – if you don’t like paying taxes. Florida ranks 10 in the best state to pay taxes while Illinois is no. 1 – the worst. Source: The 10 best & worst states to pay taxes
Read MoreFeb. single-family construction at 8-year high
New construction homes here in the Tampa area, specially in Wesley Chapel and Trinity have been rising steadily. This is true with prices averaging at $132 per sq./ft. for a average single family home. Give me a call or send me an email for more information. Source: Feb. single-family construction at 8-year high
Read MoreWatch out: Top 10 building code violations
Are you planning on buying a new construction home? This article may help you out. Things to watch out for before and after your closing. Source: Watch out: Top 10 building code violations
Read MoreHome flipping is back – and Fla. a national hot spot
Tampa is on top at 9.2% followed by Deltona-Daytona Beach-Ormond Beach at 9.1%. Source: Home flipping is back – and Fla. a national hot spot
Read MoreFla. is the best state for retirement: 6 reasons
I’d say for retirees and non-retirees as well! Source: Fla. is the best state for retirement: 6 reasons
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