Tampa Real Estate and Community News

Sept. 17, 2021

Where Is Our Market Heading This Fall?

What you need to know about rising prices and low interest rates.

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As we turn the page on summer, we want to give you a quick market update so that you understand what’s happening as we head into fall.

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Posted in Market Updates
Aug. 26, 2021

A Quick Message to All Florida Property Owners

The TRIM notice is important for property owners in Florida.

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If you’re a Florida property owner, this message is for you. As we finish out August, the property appraisers in every Florida county should have sent out Truth in Millage (TRIM) notices to homeowners. These contain the proposed valuation of your home for tax purposes in the year 2021.

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Posted in Homeownership
Aug. 12, 2021

Latest Tampa Market Update

 

We’re reviewing all of the available data from the first half of this year.

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I wanted to keep you updated on our market, so today I’m sharing some noteworthy statistics from the first half of the year. Prices are up 16.4% year over year, inventory is down 61% from last year, and we’re firmly embedded in a seller's market. What does this mean for you? If you’re a seller, it’s a great time to get top dollar for your home. Buyers, on the other hand, can take advantage of historically-low mortgage rates to find their dream homes.

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Posted in Market Updates
July 12, 2021

Check out Homebot’s Interactive Reports

 

This app will help you track your home’s value, equity, and much more.

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Looking to sell your home? Receive a Home Value Report

 

Are you wondering what your home is worth in today’s hot real estate market? Today I’m here to share a fantastic new technology with you: the Homebot app. The interactive reports from Homebot help you keep track of your home’s value and equity position. You can update and fine-tune Homebot reports by entering any updates and upgrades you’ve made to your home. It’s the best report of its kind, and our clients love it. You can even use it to find out how much your home might rent out for as an Airbnb, and if you’re thinking of downsizing, it’ll share your purchasing power.

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Posted in Homeownership
June 15, 2021

Appraised Value vs. Market Value

What's the difference between appraised and market value?

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In a previous video, we described why real estate agents tend to price homes a little under market value—they’re not giving the comparable sales the time adjustment needed. Due to federal regulations from Freddie Mac and Fannie Mae, appraisers can’t go back and add the same time value that we discussed Realtors adding. More importantly, the appraisers are going to give your home the appreciation and value from the date they did the appraisal.

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Posted in Selling Your Home
June 2, 2021

Why Homeowners Insurance Rates Are Up

Torie McCorkle joins us to discuss the latest on homeowners insurance.

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I’m delighted to be joined by special guest Torie McCorkle from Iron Rock Insurance to give you an inside look at some of the changes we’ve been seeing lately in the homeowners insurance market. A lot of people are seeing increases in their premiums and rates, so I wanted Torie to shed some light on what’s happening.

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Posted in Buying a Home
May 3, 2021

Tampa Bay Real Estate Update

Here are all the stats from our Tampa Bay first-quarter real estate market.

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Today I’m filling you in on the latest stats from our Tampa Bay real estate market. We’ve never seen numbers like this; it’s the hottest and most exciting market we’ve ever seen. The first quarter of 2021 has broken records.

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Posted in Market Updates
April 21, 2021

How We Can Help You Sell and Buy Simultaneously

These three options can help you both sell and buy in this market.

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This is likely the best real estate market any of us have ever seen in our lifetimes. Sellers are loving the prices, and buyers are loving the interest rates, so there are wonderful opportunities on both sides of the fence. So what’s the best way to take advantage of today’s hot market if you’d like to sell your home for a great price but also need to find a new house to buy? Today I wanted to share the options we provide our clients to help them buy and sell without having to move twice:

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Posted in Selling Your Home
March 24, 2021

3 Reasons Why Inventory Will Make a Comeback

I’m sharing three reasons why we can expect to see an uptick in supply soon.

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Where are all the homes going? Will we see more homes hit the market soon, or will this inventory shortage continue to strangle the market? Exhausted buyers and cautious sellers alike have been asking me these questions for a while, but I have some good news: Yes, more homes are the way. I’m not a fortune teller, but I don’t have to be.

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March 10, 2021

When a Home’s Appraisal Comes in Low

When a home’s appraisal comes in low, you have four options.

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If a home’s appraisal comes in below its contracted sale price, one of four things can happen:

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