Thursday, October 29, 2009

Tampa Coastal Homes, Tampa Real Estate

Tampa Coastal Homes, Tampa Real Estate

Tampa Coastal Homes, Tampa Real Estate: EXCELLENT NEWS FOR HOME BUYERS****

Tampa Coastal Homes, Tampa Real Estate: EXCELLENT NEWS FOR HOME BUYERS****


Good news! It appears that Senate Democrats have recognized the tremendous value of the First Time Homebuyers Tax Credit and that it will be renewed soon. At this time, it is believed that the credit will allow anyone purchasing (even if the property is not closed) a home by April 30, 2010 to participate and receive the full credit available. The credit will be continued (but reduced by 2% each 90 days) through the end of 2010! The credit will be slightly lessened, but it will be renewed and this extension should allow the market to continue to recover into and through next summer’s selling season. Of course, there’s always the possibility that it could be renewed at that time, as well.

Here’s the text of the story as reported in Bloomberg News today:
Senate Democrats on Board with Credit Extension

Senate Banking Committee Chairman Chris Dodd (D-Conn.) says Senate Democrats have agreed to extend the first-time home buyer tax credit. The latest version extends the program to home sales signed — not closed — by April 30. Purchasers would have another 60 days to close the sale. The credit will also be expanded to include so-called step-up buyers who have lived in their current home for at least five years.

The credit would be cut slightly to a $7,290 cap. Income eligibility for first-time home buyers would stay the same, but it would rise for step-up buyers to $125,000 for individuals and $250,000 for couples.
Source: Bloomberg News, Dawn Kopecki and Ryan Donmoyer (10/27/2009)

Monday, October 19, 2009

Tampa Coastal Homes, Tampa Real Estate: Mid October Update

Tampa Coastal Homes, Tampa Real Estate: Mid October Update

Mid October Update


I am seeing many signs that we have "hit the bottom".
Desirable properties are being bid up by the competition of multiple offers. And inventory has been drastically reduced in the Southshore area. There are currently 277 listings in Apollo Beach with 121 sold the last 90 days. At this rate there is only a 7 month supply! Those who have waited for "the bottom" are now finding that the selection is not what it was just a few months ago, but....

The time has never been better to buy at BellaSol Luxury Waterfront Villas. We still have some gorgeous condos that are brand new ready-to-move-in villas, but the best ones are going fast as we sold 4 in the last 60 days and have another under contract. We have penthouses that were formally almost $1 million now as low as $483k! As if it wasn't enough to offer these at 45% off....we are also offering 2 to 4 years of your HOA fees PAID. That is up to almost $20,000 in savings!
And your first 5 years at a special interest rate with the remaining 25 years at a low fixed rate (payments starting as low as $949 a month plus taxes and interior insurance. Call me for details). AND boat slips are ½ price!
Don't delay as this offer is only till November 30, 2009.

Saturday, October 10, 2009

Florida Gators

Congrats to the Florida Gators and Tim Tebow "you gotta Love the Heart of a Champion"

Friday, October 9, 2009

**Tampa Bay 15th Best Sports Area**

The Tampa Bay Lightning may have had a down year, and the Tampa Bay Buccaneers may have missed the playoffs, but the World Series appearance by the Tampa Bay Rays helped propel the Tampa-St. Petersburg market into the 15th best sports market in the nation.

The rankings were conducted by The Sporting News, a publication that, like the Tampa Bay Business Journal, is owned by American City Business Journals. Points were assigned to markets based on factors including won-lost records, postseason appearances, applicable power ratings, number of teams and attendance.