This is an actual question I received from one of my first-time home buyers recently. Q: How long does it normally take for a Buyer to find “The One”? Shouldn’t I see at least 30 houses before I pick one, even if I like House #5 that I’ve seen a lot? A: I know, you’ve […]
Ask a Realtor: What Does “Active with Contract” Mean Exactly?
Q: I keep seeing some listings online that say “AWC” or Active with Contract. What does this mean? Is it available or not? A: Recently in our Multiple Listing Service there was a pretty major change with the addition of the “Active with Contract” status. Here’s what it means to you. When you are searching […]
Luxury Waterfront Condos Inventory Shrinking in Downtown St. Petersburg!
My friend Mark Puente at the Tampa Bay Times recently published an article entitled “New Waterfront Condos Disappearing from Market in Tampa Bay“. At the Smith & Associates Real Estate office on Beach Drive in Downtown St. Petersburg, on a daily basis I have customers walk in who inquire about the condo buildings nearby, […]
Beat out the Competition: Buying a Foreclosure Home in Tampa Bay
While bank-owned foreclosure homes (also called REO’s – stands for Real Estate Owned) are plentiful in many markets, in some they are harder to come by. Take for example Pinellas County, where foreclosures account for just over 4% of the total market and thus they aren’t always easy for a buyer to get. Foreclosures sometimes […]
Tampa Bay Real Estate Market: Recovery in Sight? One Realtor’s Thoughts…
Lately the news in the media has been drops in unemployment rates, the U.S. economy is in recovery. Maybe it doesn’t feel like it to some, but its what we are seeing in the real estate business. The numbers don’t lie. After talking to some of my realtor friends, they agree. We are all light […]
Pinellas County Statistics and Real Estate Trends for October 2011
I get a lot of clients that tell me “I only want short sale and foreclosure listings sent to me” because they assume those are the best deals in the marketplace. Did you know that over 76% of the 8,253 homes on the market today in Pinellas County are non-distressed properties? Hint: This is not […]
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