Tampa, FL Real Estate News

By Mark Zabilowicz, Affordable Seller's Commissions
(Realtors with Tampa Bay Premier Realty)
Tampa offers a vibrant lifestyle full of cultural attractions and great restaurants. The area is also home to many businesses, universities, and professional sports teams. Hyde Park: This historic district provides a mix of upscale living with easy access to shops, cafes and outdoor activities. New Tampa: Located in the northeast corner of the city, this residential neighborhood features modern single-family homes and townhomes that offer plenty of amenities along with access to parks and trails. Westchase: Westchase provides residents with an abundance of shopping, dining, and entertainment options. South Tampa: With its lively atmosphere and proximity to Amalie Arena, South Tampa is known for its diverse mix of restaurants, nightlife spots, art galleries, museums and include communiti...
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By Mark Zabilowicz, Affordable Seller's Commissions
(Realtors with Tampa Bay Premier Realty)
What will $1,000,000 Buy you in the Tampa MarketAs the Tampa Florida real estate market continues to evolve, many people are wondering what their money will buy them in the future. If you're thinking of purchasing a home in the Tampa area, it's important to understand how the market is trending. This blog post will give you an idea of what you can expect to get for your money in 2023. So, whether you're a first-time home buyer or a seasoned investor, this information will be helpful as you consider your options in the Tampa real estate market. Thanks for reading! Click here to read more!
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By inboundREM Market Updates
(InboundREM)
The city of Tampa is one of the best places to reside in Florida. It is part of the Tampa-St. Petersburg-Clearwater metro region, which is one of the largest in the Southeast United States and provides a wealth of benefits to its people, including a low cost of living, wonderful tropical weather, easy access to the beach, and much more. If you're thinking about moving to Tampa, we'd like to show you a few of the city's perks.It’s More Affordable to Live in TampaA Great Alternative to Miami’s Sky-High Cost of LivingTampa is a viable alternative to Miami if you're searching for a change of environment.* To put it another way, Tampa's cost of living is in line with the national average, but it's just 1% higher than the state average.* Compared to the national average, housing costs are 4% ...
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By John S. Wood, CPA, The IRS Problem Solver
(John S. Wood, C.P.A., P.A.)
I represent taxpayers in Tampa, St. Petersburg, and Sarasota as well as throughout the state of Florida who have federal and state tax issues. Suncoast Tax Solutions is a full-service tax resolution company helping clients to solve their tax problems quickly and efficiently. Every year the IRS mails letters or notices to taxpayers for many different reasons. Typically, it’s about a specific issue with a taxpayer’s federal tax return or tax account. A notice may tell them about changes to their account or ask for more information. It could also tell them they need to make a payment. This year, people might have also received correspondence about Economic Impact Payments (stimulus checks) or an advance child tax credit outreach letter. Here are some dos and don’ts for anyone who receives ...
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By Nibal Elsaadi
(SI Real Estate Tampa)
According to The Tampa Bay Times: "The Westshore Marina District is a 52-acre waterfront development right on Tampa Bay, long considered some of the area’s most desirable undeveloped land. It now has roughly 800 completed apartments and condos, the vast majority occupied. That doesn’t include three sharp-lined glass condo towers still to be completed, whose units will run from the $800,000s to more than $3 million, as well as some other unfinished townhomes. When all the construction is done, the district is expected to have about 1,350 residences total.With several shops and restaurants open or on the way in a new town center, as well as a future public-use marina for people to dock boats for visits, the developers also hope it’ll be a lure for people to come grab a bite or walk their ...
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By inboundREM Market Updates
(InboundREM)
Tampa, FL Neighborhood Spotlight: Tampa, FLThe wonderful city of Tampa in Florida has numerous tourist attractions that you will surely love. This article highlights the best spots you can visit so you could get the most out of your trip! The Florida AquariumOne of the top aquariums in the country, The Florida Aquarium offers interactive guest-dive programs like 'Swim with the Fishes' or 'Dive with the Sharks' which will allow you to swim with the fishes and experience aquatic life. More than that, the Aquarium's latest exhibit, Journey to Madagascar will give you a glimpse of the Island of Madagascar and its animals. You can also take a 75-minute  Wild Dolphin Cruise aboard a 72-foot catamaran, to get a chance of seeing the wild dolphins of Tampa Bay.  Busch GardensBusch Gardens is one...
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By The Legacy Group, The LegacyGroup of CrossCountry Mortgage
(CrossCountry Mortgage)
Veteran’s Home Loans for Tampa FloridaIf you are reading this, you or a family member have likely served in our military.  First off, we would like to say a sincere “Thank You” for your service!  We recognize that not only do our Veterans sacrifice by serving, but their families do as well-, and we owe you all a debt of gratitude!One of the best benefits Veterans and their families receive due to their service to our great country is the VA home loan benefits.  We are going to outline just a few of these significant benefits in this article for you. Here are some of the major benefits you may receive by using your VA home loan benefits:*100% financing available- one of the very few loans available with no down payment!*Lower rates available than most loan programs- which saves you money...
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Tampa Bay Buccaneers will win "Super Bowl" LV I am not much of a gambling man even though I am "Vegas Bob" and haven't watched football in over 10 years ...But I just put $500 clams on TB to win Super Bowl, don't care about the spread, just show me the money $$$Tom Brady's first year with TB and playing in the SB in TB, you do the math and Tom Brady will be getting his 7th SB ring this Sunday ...
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By David Tipton, GRI, ePro, SRES, Real Estate Broker - Tampa
(Grady David Tipton Brokerage)
Don't Panic— Tampa Bay's Holidays are at the Door!Attention, Tampa Bay Area! Ready or not, the Holidays are not waiting around!If that alert strikes you as unnecessarily alarmist, remember that this year's calendar works out to have fewer days than usual between Thanksgiving and Christmas. And if your traditional Thanksgiving tryptophane-engendered post-turkey stupor was followed by too many days of leftover turkey sandwiches, the resulting snoozefest may have led to your catnapping through this year's shortened holiday preparation days. The fact is, the Tampa holiday celebrations are already well underway. If you find that hard to believe, there's this proof positive: the eighth, final day of Hanukkah arrives this Friday! That's right; the Jewish Festival of Lights began last Thursday....
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By inboundREM Market Updates
(InboundREM)
Property TaxesProperty taxes are the various fees and taxes you have to pay in a given locality in the United States. Typically, taxes are split between your local municipal tax and state tax, which varies depending on where you're home is located. There are also specialty taxes to consider, which affect specialty areas that are zoned for various uses. If you're planning to purchase a property, reviewing the taxes you have to pay is an important consideration to ensure you can properly pay for your home without breaking the bank. In this blog post, we'll share the various property taxes involved within Hillsborough County and the state of Florida. Property Taxes in FloridaFlorida is well-known for its relatively good tax rates, especially when compared to other major coastal cities. The...
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By John S. Wood, CPA, The IRS Problem Solver
(John S. Wood, C.P.A., P.A.)
I represent taxpayers in Tampa, St. Petersburg and Sarasota as well as throughout the state of Florida who have federal and state tax issues.Each and every taxpayer has a set of fundamental rights they should be aware of when dealing with the IRS. Explore your rights and our obligations to protect them. The IRS grouped all of the rights taxpayers have under the law into the Taxpayer Bill of Rights. Included in the list is the right to retain representation.Here’s what the right to retain representation means to taxpayers: Taxpayers have the right to retain an authorized representative of their choice to represent them in their dealings with the IRS. Taxpayers who are heading to an interview with the IRS may select someone to represent them. Taxpayers who retain representation don’t have...
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By David Tipton, GRI, ePro, SRES, Real Estate Broker - Tampa
(Grady David Tipton Brokerage)
Why are Average Down Payments Shrinking When Buying a Home? Most of today’s first-time Tampa FL area home buyers are aware that they’re no longer tied to strictures laid down in previous eras—especially the one dealing with 20% down payments. For buyers with stellar credit histories, that’s horse-and-buggy material. Last year, the U.S. average down payment was just 12%—but for first-timers, that average dropped to 6%! Relaxing steeper down payment requirements makes sense for everyone. It expands the field of buyers, so sellers and lenders benefit. But most of all, for first-time homebuyers who would need many years to save up the cash required for a 20% down payment, the advantage of being able to buy sooner (and thus, to begin building equity sooner) couldn’t be clearer. And today, wi...
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By inboundREM Market Updates
(InboundREM)
Cost of Living in South Tampa, FLCost of LivingThe Cost of Living is the total amount of funds a family or individual has to spend to maintain a good quality of life in any given community in the United States. There are several factors affecting the cost of living in an area, including groceries, healthcare, housing, utilities, transportation, and many more. We've created a friendly guide for those considering a move into the area. If you're new to Tampa or are moving in from a nearby city, compare the various costs and your potential new employer to see if the move would be financially right for you and your family. If you need help finding the right home and would like to work with a realtor to find a good deal for you, our team would be glad to help. We've worked in the South Tampa ...
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By Nibal Elsaadi
(SI Real Estate Tampa)
Buyer Preferences Shift as COVID Changes Our Daily Lives After months of lockdown, many homebuyers are rethinking what they want in their next home. Although the pandemic will not continue forever, it will have some long-term effects on our lifestyles and how we feel about public gatherings. During the quarantine, many people’s homes became their office, gym, and restaurant. The changes we made to our lifestyles during this time have changed what we want out of our living spaces.    When restaurants closed, we were limited to our homes to indulge in some good food. Luckily, many local restaurants opted for takeout options, even 5-star restaurants like Del Friscos and Capital Grill. However, the ambiance of eating at your dining room table or in front of your TV just isn’t the same. When...
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By Nibal Elsaadi
(SI Real Estate Tampa)
A Look into Tampa's Growing Neighborhoods in 2020 In the past few years, we have watched the once sleepy bay area transform into a vibrant city with pockets of lively neighborhoods. A variety of creative restaurants and rooftop bars emerged as well as chic residential dwellings. A billion-dollar investment from Bill Gates attracted technology and consulting companies like ConnectWise and PriceWaterhouseCoopers. Multiple new Amazon facilities and the possibility of becoming the headquarters for Space Force is also sparking interest in the Tampa Bay Area. Many neighborhoods have been brought to life such as Channelside, Hyde Park, and the southernmost point at Tampa’s Marina Pointe Westshore! The sprawling city is still experiencing massive growth in areas outside of the downtown areas. E...
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By Nibal Elsaadi
(SI Real Estate Tampa)
 Which home buying option is best for you? Do you prefer the charm of a home with history or the idea of a bright and shiny untouched single-family home in a new community? One of the first decisions you will make as a homebuyer is whether new construction or resale home is for you and your family! Below we explore a few pros and cons of both options. Remember that you’ll want to hire an experienced real estate agent that has experience with both scenarios to help guide you in making an informed decision. The best part? Your real estate professional will be at no cost to you as a buyer. No cost, only benefits! New construction homes! If you are in the custom home building option, you will be able to customize and personalize your home and select different upgrades prior to your home bei...
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By Nibal Elsaadi
(SI Real Estate Tampa)
New Home Sales on the Rise Due to Pandemic New stats have come in via LinkedIn that shows an interesting real estate market trend. New home sales have jumped a whopping 55% since last year.   This is a HUGE increase! We are observing that more and more people are taking a preference towards less congested areas with their own living space. This is not only due to COVID and the lockdown, but many millennials have begun to settle down and have families. The mortgage rates also have increased buyer interest in homes of all types!   New construction homes are gaining more popularity as well for the following reasons:        There is limited inventory as many occupied resale homes have been pulled from the market due to Coronavirus. Sellers do not want showings in their homes while they are ...
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By inboundREM Market Updates
(InboundREM)
Tampa, FL Closing CostsClosing CostsClosing Costs are the various fees you have to pay when finalizing a real estate transaction. There are many costs involved at the end of your deal, and it's essential to understand what these are and the reason you're paying for them. If you're a home buyer and you're looking for ways to save on your purchase, negotiating some of these closing costs and having the seller pay them is a great way to reduce your overall payment. Our team can walk you through the various closing costs involved when buying a home in South Tampa. Check out our original blog post at https://yoursouthtampahome.com/. Closing Costs for Home Buyers Appraisal Fee (If Financing) Credit Report Fees Financing Fees (e.g., Loan Origination Fee) Home Inspection Fee (Generally Paid Bef...
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By inboundREM Market Updates
(InboundREM)
Palma Ceia Pines, South Tampa, Florida Neighborhood Information and Market ReportThe Palma Ceia Pines NeighborhoodPalma Ceia Pines is a highly developed urban neighborhood with a good mix of residential and commercial areas in the northern part of South Tampa, Florida. The community is bounded by Kennedy Boulevard, Henderson Boulevard, W Swann Avene, and S Armenia Avenue, with easy access to Downtown Tampa to the east and the Tampa International Airport and St Petersburg to the west. Homebuyers looking for a home that's moderately priced with easy access to the city center will find the area quite attractive.Real Estate in Palma Ceia Pines is a combination of single-family and multi-family residential developments. Apartments and condominiums provide affordable housing options with prop...
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By inboundREM Market Updates
(InboundREM)
Culbreath Bayou - Culbreath Heights, South Tampa, Florida Neighborhood Information and Market ReportThe Culbreath Bayou - Culbreath Heights NeighborhoodCulbreath Bayou and Culbreath Heights are a couple of luxury subdivisions in South Tampa, Florida. The neighborhood is a short drive away from the downtown district of Tampa as well as the city center of St Petersburg. Families who have members working in both areas will find this neighborhood quite convenient, providing easy access to both city centers. Residents enjoy easy access to everything they need, including schools, shopping malls, public parks, restaurants, and many more community amenities.Homes for Sale in both Culbreath Bayou and Culbreath Heights are beautiful single-family homes, which include some of the most beautiful lu...
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