Saturday, August 13, 2011

Orlando sees first yearlong uptick in home prices in 4 years

For the first time since Orlando's housing market began to tank four years ago, the areas' median home price showed an increase from a year earlier. The median price for an existing, single-family home in July was $117,000, up from $110,000 the previous month according to the July sales report released by Orlando Regional Realtor Association. The local real estate industry noted that prices have increased 23 percent from the beginning of the year. Not only did prices increase from the previous month, they were 7 percent higher than July 2010 and it's been four years since local prices showed a gain from a year earlier. More from the Orlando Sentinel.

Tuesday, August 2, 2011

Hello Anglers,

What a July we had. I would like to say it was a great July on the water but that would be a fish story. July was a tuff month for fishing, I have kind of gotten used to it being tougher over the years but this past July was more difficult than in the past. Normally mackerel are a go to fish in July and having them around always helps with the Shark bite. Not happening out there yet. The mackerel should be about to invade the bay as our bait hatch is behind us and the fry baits are starting to show up everywhere. The positive side of July was the Snapper bite. The Mangrove Snapper are back and we have been catching pretty good numbers of them when targeted. August should be about the same as July with the exception of the Mackerel WILL show up. Trout should be a decent bite early or late in the day in the deeper grasses. Redfish will be a hit or miss as the water temps are high and keeping bait alive in the shallows is a problem. The big schools of big Redfish are just around the corner. Tarpon will be a steady in August if going big is your thing. I did not run a Tarpon trip in July (first July ever that I have not Tarpon fished) but know that there are a lot being caught right now. Snook will also be a target as we are seeing some pretty good numbers of them. It has been a long year and a half waiting on them to rebound. They are not there yet but showing us their on their way. I can't wait to see what August hold and am looking past August a little to the fall. Until next time, good luck and be safe on the water. Remember: don't let your kid be the one that got away, take them fishing.

Anyone interested in the Stoneybrook Surf and Turf Challenge on Aug.19th and 20th, just let me know and I will send you the info.


Capt. Ric Liles

Tampa Investor Rental Market takes Off!!

10 Best Cities to Purchase Rental Properties
Thursday, July 14th, 2011


10 best cities to buy a rental property

Tampa, Fla.

7 of 11

Tampa, Fla.

Average home price (2011): $152,700

Projected home price (2014): $147,200

Gross rent (2011): $832

Projected gross rent (2014): $933

As home to many of Florida’s retirees, rents in Tampa have bounced up and down a little, but have remained basically flat the past three years.

But with the local labor market on the mend — the unemployment rate fell a point over the 12 months ended in May and is down to 10.5% — rents are expected to take off, increasing about 12% over the next three years, according to Local Market Monitor.

Right now, the biggest housing problem in the area is that there is too much of it, according to Winzer. Last year, home prices dropped about 10% due to an oversupply of investment properties built during the boom.

Yet, Winzer projects returns for rental property investors should still exceed the national average by about 2.4% a year.

Tags: Apollo Beach, APOLLO BEACH HOMES FOR SALE, Tampa -Miami Fl luxury homes, tampa coastal homes, tampa homes
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Florida Luxury Waterfront attracting International Buyers with dollar at low
Wednesday, May 11th, 2011

Tags: Apollo Beach, APOLLO BEACH HOMES FOR SALE, Tampa -Miami Fl luxury homes, tampa coastal homes, tampa homes
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