Archive for Hillsborough market update
Builders are still building? Who would possibly buy from them?
Believe it or not, builders are still building through out Tampa, Brandon, Land O’ Lakes and Wesley Chapel. Not only are they still building spec homes but there are buyers that are having homes built from the ground up! Why would a buyer possibly what to have a home built rather than buy a “used” [...]
$8,000 Tax Credit for Down Payment
The deadline for the $8,000 tax credit is quickly approaching and the state has approved doing short term loans so that the tax credit can be used for your down payment but where is the money? While the state has approved doing the short term loans, each county is responsible for managing the money that’s [...]
Tampa Bay Market Update
We’re half way through the year and have had lots of statistics to check out. After scouring over all the stats, there are some encouraging signs out there for the Tampa Bay area. We pull our numbers for the entire area for a better understanding of how our market is affected. One of the major [...]
Now’s The Time To Buy… Find Out Why
You’ve been hearing that phrase a lot lately, mostly from REALTORS. Well, your banker, Donald Trump and the President have all said it too. Now NY Times Best Selling author, David Bach, explains why this really is the best time to buy. Smart Homeowners Are Buying Now by David Bach
Update – $8k Tax Credit
The recently passed $8,000 Tax Credit Down Payment Assistance program passed by the State of Florida seemed doomed when FHA announced that the assistance program could not be used as down payment. The program isn’t doomed but FHA has set some guidelines. You still must have 3.5% of your own funds (or funds gifted from [...]
New Info on Down Payment Assistance Using $8k Tax Credit
WASHINGTON – May 29, 2009 – The U.S. Department of Housing and Urban Development (HUD) released more details today about its program to help first-time home buyers use a tax credit as part of a down payment. HUD announced the program on May 12 at the National Association of Realtors® Housing Summit. In the interim, [...]
Now is the time… Time Magazine & Trump agree!
Time magazine recently posted an article, “Recession Shopping: 10 Things To Buy Right Now” and included along with cars and stocks is housing! During recent interview with Goodmorning America, Donald Trump was asked about the housing market. Trump’s advice today is, “This is a great time to go out and buy a home”. Do you [...]
Locked In… A New Issue In Our Market.
A few years ago we were concerned that individuals that had been in their homes for many years and had taken advantage of the homestead exemption and Amendment 10 were locked into their homes because of increasing taxes. Thanks to Gov. Charlie Christ, a solution came about called “Portability” which enabled homeowners to sell their [...]
Which Loan Is Right For You? Part One… USDA – Rural Housing
This is the first of a three part post on different loan options that are available. The first loan is one that very few real estate agents even know about but that is becoming increasingly more popular. Through the USDA (yeah, that’s right the guys that put the stamp on meats) there is a program [...]
New Home Sales Fall but…
The Tampa Tribune wrote an article in Friday’s paper titled “New Home Sales Fall To Record Low“. In the Tampa Bay area we were down 14.7 percent in December. These numbers don’t sound good but you have to look at the whole picture. At the very end of the article it was mentioned that existing [...]