One of the challenges that many 1st time homebuyers find in the St. Petersburg and Clearwater condo market is that most buildings do not have FHA or Fannie Mae approval and thus do not qualify for low down payments. What this means is that somewhere between 20% to 50% down payment may be required – […]
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, […]