Tampa Exclusive Real Estate News & Info - real estate

Tampa Bay’s Most Dog Friendly Condominiums

Salvador

They were designed for the urban pet owner. The Salvador features a state-of-the-art, gated dog walk and cleaning station.

Grand Central at Kennedy

Situated in Channelside between two public dog parks, letting your pup be social doesn’t get much easier. GCAK also has dog areas on the pool deck, but your dog must be leashed at all times. At the time of writing this, Grand Central has no breed restrictions. However, we would always suggest verifying with the condo association.

Towers of Channelside

A pet area on the pool deck and down the street from a public dog park makes this a luxury retreat for any resident pup. Walk to Fergs, Columbian, and any number of pet-friendly restaurants. The Towers of Channelside does have Breed…

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Inventory Levels Reach Pre-Pandemic Levels

This graph shows the months of inventory for single family homes in Hillsborough County. As you can see in the month of June we went from a little more than 1 month of inventory to a little over 4 months of inventory. We believe interest rate increases are starting to have their effect on buyer demand, as many potential home owners are getting priced out of the market, or waiting on the sidelines. 4 months of inventory is still considers a sellers market, but it is getting close to a neutral market. At the moment we don't anticipate prices dropping, but there is now more homes for buyers to choose from, and pricing correctly will become more valuable. 4 months is also about where the market was pre-pandemic. We are anticipating the months supply to…

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Neighborhood Spotlight · Hyde Park

Hyde Park is perfect for anyone who wants walkability, dining options, and the old nostalgic charm of a historic neighborhood.

Residents can take advantage of enjoying walking, biking, and/or jogging on Bayshore Boulevard, entertainment of Downtown Tampa, and shopping and dining at Hyde Park Village, and SoHo. There are also parks that include fun for children, as well as basketball, baseball/softball/kickball, and our furry friends as well.

Hyde Park History

The Hyde Park neighborhood was one of Tampa's first established communities in the 1880s by railroad financier Henry B. Plant. It was colonized when Plant built the first bridge across the Hillsborough River at Lafayette Street, which is now known as Kennedy Boulevard today. The first…

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Why People Are Moving To Tampa Bay

Florida has long been a popular migration destination due to the weather, lifestyles, and the fact there is no state income tax, but demand has increased the last couple years. What's changed? In a word...COVID.

Work From Home

Covid has changed the workplace dynamic. It had long been thought that productivity would fall if employees were not in the office. That did not happen during Covid, and thus spawned the work from home movement. No that covid is more in the rear view mirror, many companies have adopted new office policies. Either a hybrid model, where employees are only required to come to the office a couple days a week, or allowing employees to work completely from home. This freedom has enabled employees to rethink where they live, and not…

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Tampa Real Estate Market Update May 2022

Microscopic record low levels of inventory continue across much of Florida, and Hillsborough county is no exception. Average days on market are at or near a record low, meaning buyers don't have much time to view or put in an offer, and depending on price point many homes are gathering multiple offers. Inventory levels are below 1 month of supply, and demand continues to outpace supply. We are anticipating interest rates to continue to rise, as the Fed tries to control inflation and slow down housing demand. This increase may have an effect on buyer demand in the months to come, but until the supply and demand equilibrium changes, we expect home prices to continue to rise in the Tampa Bay Region.

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Top Workplace, Engel & Völkers South Tampa, 2021 Production Awards

TAMPA, FL – February 22, 2022 – Multiple real estate advisors were recognized at the local Engel & Völkers Shop Annual Awards Luncheon held at Bascom’s Chop House in Clearwater, FL on February 15th, 2022. The Tampa Bay area is home to multiple Engel & Völkers luxury real estate brokerages, voted a Top Workplace for three consecutive years by the Tampa Bay Times.

Engel & Völkers South Tampa’s Overall Advisor Awards and Top Producing Team Awards issued to the Realtor® having the most sales transactions, acquired listings, and highest sales volume went to real estate advisors Jeramiah Bustin and Shane Vanderson of the Bustin Vanderson Group. The Bustin Vanderson Group have over twenty-five years of combined Tampa real estate market experience and have…

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Information is good…miss-information is bad

Thanks to the internet, one of the biggest changes in Real Estate over the last 15 years has been in the access to information for Buyers and Sellers. While, easy access to information has solved some problems, such as, not having to rely on Agents searching for you, making searching faster, easier, and in the convenience of your own home. It has created a whole other set of problems that REALTORS have to combat, such as misinformation, information overload, and misinterpretation of information. A major part of why the FSBO’s percentage is at all-time historic lows and part of the reason why agents are needed more than ever to decipher and guide Buyers and Sellers through what they need to know and what they need to remove from their cranium.

Here are…

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Another Way To Interpret Sold, Pending, Active and Expired Listings

Sold:

These are the comparable properties that matter when it comes to appraisals.

Pending:

These properties indicate where pricing is potentially trending in the market. After all, closing that were negotiated and closed months ago, could have done so in a different market environment. And no, the listing agent will not tell us what the contract price is for, if they did they are doing a huge disservice to their client as the deal could fall through and then potential buyers could know what the Seller is willing to accept creating an advantageous negotiating position for them and a REALTOR failing to follow their duty of confidentiality.

Active:

This is the Seller’s competition and what potential buyers will be comparing your property and…

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