Florida State Foreclosure Facts
Friday, February 25
TALLAHASSEE, Fla. – Feb 24, 2011 – One media story says foreclosures are up – the next story says foreclosures are down. A report released by Florida Realtors clears up the confusion by explaining the three different levels of foreclosure activity that analysts consider, and listing the state num...
Tampa FL 50% Homes Sold under $100K
Tuesday, February 15
The average sales price for a single family home in Hillsborough County FL in January 2011 was $134,653. This is down almost $20,000 from December 2010. So what drove down the average sales price by $20,000 in Hillsborough County in January 2011? Almost 50% of the homes that closed in January 20...
Great End of Year In Riverview Florida
Monday, December 27
Low home prices and low interest rates are whats driving the great end of year home sales in the Riverview Florida area. Riverview is a suburb of Tampa Florida. We have seen an increase in investor buyers. They are taking advantage of short sales and bank owned properties. The real estate market ...
Impact of Loss of Federal Tax Credit
Tuesday, June 01
The loss of the Federal Tax Credit for first time buyers and some repeat buyers has had a definite impact on the number of homes going contract in my market area for May 2010. My market area is in the South Shore communities of Hillsborough County Florida. I did the numbers today and contracts fo...
Hillsborough County Florida Market Analysis 2000-2010
Thursday, May 20
Hillsborough County Market Analysis 2000 to 2010 Here is a quick snap shot of what the real estate market has been doing in Hillsborough County for the past 10 years. On the way up, average sales price increased 214%.On the way down, average sales price decreased 181% We are experiencing the real...
Fast Facts Foreclosures & Short Sales Tampa-Bay Area
Thursday, May 20
FAST FACTS Foreclosures & Short Sales1st Qtr thru May 2010 Over 35% of the homes sold nationally in March 2010 were short sales. NAR Nationally, 30 day mortgage delinquencies are down 6.57%. That's a drop of about 16,630 delinquent loans and, though modest, it is the first decline in the deli...