Tampa, FL

Tampa Bay Home Values Drop...

11-10-09

Christopher Johnson Realtor, CDPE: Real Estate Agent in Tampa, FL

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Office: (813) 654-5549

Mobile: (813) 965-1968
Secondary: (813) 684-0016

Today, November 10, 2009 I read in the St. Pete Times that the Tampa Bay are home values have dropped according to Zillow 2.2% between June 30 and September 30. Some of the most depreciated values were in Spring Hill, Dade City and Ruskin.

Now, despite this news the report also stated that some of the 110 communities in Tampa actually saw prices increase in their communities. These communities include Feather Sound and Lutz and Odessa which have always maintained high values. Mostly due to the fact that during the boom years, these communities did not experience rapid growth. I would expect more established communities that are closer to employment or commutes to downtown Tampa or Pinellas Gateway area will continue to see prices stabilize and eventually creep up on a more consistent basis.

Back to the rest of the Tampa Bay! Communities that were built during the boom years like Wesley Chapel, Riverview, Apollo Beach and Ruskin will continue to drop slightly before any stabilization can occur. These homes have dropped in value since 2005 nearly 40% on average. Many of these homes were purchased by investors or speculators who entered the market to soon. There is also an increase of strategic walk-aways.

Foreclosures are still areound and will be here for quite awhile but the dooms day predictions of home prices dropping another 20-30% are too high and most like not going to happen. Now could the Tampa market continue decline? Certainly but it will only in certain communites. The first stage of recovery is among us!

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Emerald Greens Golf and Country Club

11-09-09

Pam Mabe-Joffe

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Office: (813) 657-6223

Mobile: (813) 245-0316

The Emerald Greens Golf and Country Club is one of Tampa's premier private clubs. It is located in the heart of Carrollwood Village, just off of Dale Mabry. The Villas of San Marino nestle up next up to the golf course. It has a 27 home championship golf course. The Club was designed by the renowned golf course architect, Dan Maples. Each ofhis well-designed golf courses offers golfers a truly delightful golfing experience.

Besides the premier golf course, the club has a Junior Olympic heated swimming pool and a kids splash pool. For those who enjoy tennis there are eight lighted Har-Tru golf courts. Instructors who want to improve either their golf or tennis game. For those who want to be pampered there is a day spa with facial care and massage therapy. The clubhouse is a beautiful 25,000 sq. feet Mediterranean styled clubhouse with a casual grill room, a dining and banquet room, fully stocked pro shop, and a mens and ladies locker room.

The Emeralds Greens Golf and Country Club offers three memberships. The Grand Emerald gives the member full access to all the amenities of the club. The Tennis membership gives the member access to the tennis and social activities of the club. The Social Membership gives the member access to all the Club social events.

The club is located at:

13903 Clubhouse Drive
Tampa, Florida 33618

813/961-1381

The Villas of San Marino have beautiful views of the golf course. For those living in the Villas of San Marino, their association fees include a social membership to the Emeral Greens Golf and Country Club. For more information about the Villas, call us at Solaris Realty of Tampa Bay at 245-0316.

The contents of this posting are the property of Pam Mabe and Solaris Realty of TampaBay. To view homes for sale in the Pinellas and Hillsborough area, click on Tampa Homes and then fill in the information on your dream home.

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Meadow Brook

11-09-09

Pam Mabe-Joffe

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Office: (813) 657-6223

Mobile: (813) 245-0316

Meadow Brook is in one of the most conveniently located spots in all of Tampa. Meadow Brook is part of the Westchase Community and Meadow Brook is just minutes from Citrus Park Mall, restaurants, miles of bike and jogging trails, the expressway, golf courses, parks and schools, this area of Tampa is a great spot to call home. Downtown Tampa, Pinellas County, Gulf beaches, Expressway and the interstates all are within short drives of this address. Meadow Brook also features a community park with playground, lighted tennis court & ball field. Prices for these homes start in the high $100's.

Meadow Brook has easy access to the Veterans Expressway allowing for a quick commute to the Tampa International Airport and downtown Tampa. The Citrus Park area has beautiful lakes, rural areas, parks, good schools and great shopping. Citrus Park Mall is one of the largest malls in the Tampa Bay area. It has over 150 stores and numerous restaurants. Another attraction in the area is Big Cat Rescue. Big Cat Rescue is a non-profit sanctuary for large cats. They offer tours of the sanctuary to the general public. If your interest is in a smaller animal, Petsmart at Citrus Park has an adoption facility for cats and kittens on site.

The contents of this posting are the property of Pam Mabe and Solaris Realty of TampaBay. Pam Mabe is a broker working in the Tampa area helping buyers and sellers buy and sell homes. Contact Pam at 813-245-0316 to list your property for sale or to purchase a property in Hillsborough, Pinellas or Pasco County area. Information is provided in this blog with the intent to educate homeowners and buyers about Tampa, St. Petersburg, Clearwater, Brandon, Wesley Chapel, Lutz, Valrico, Odessa and other communities in the Tampa area. For more information on different communities and subdivisions go to my website at TampaHomeGuides.

Visit my profile to find my more about my services. Call 813-245-0316. To view homes for sale in the Tampa area, click here and then fill in the information on your dream home.

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VA Loan Rates, Tampa FL for Week 11-9

11-09-09

The Mighty Quin

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Office: (310) 876-2891

VA Loan Rates, Tampa FL for Week 11-9:

There are 2 key economic reports scheduled for release. None of these reports are considered mission critical and should have little effect on mortgage rates.
30 YR fixed VA loan Rates are 5.5% nationwide
10 YR Treasury opened this morning at is 3.5%. No change over close last week.
Lock all va loans scheduled to close within the next 7 days.
Float all va loans scheduled to close within 8-60 days.
Watch the DOW for any rallies. If the Dow drops below 10k this could be a good sign for mortgage rates.
VA Loan Rates should continue to drop and close out the week below where they opened on Monday.
Have a GREAT VETERANS DAY!!!

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Weekly Blog Update...missed one of my blogs this week-see them all here

11-08-09

Dana Devine

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Office: (813) 748-4115

Mobile: (813) 748-4115
Secondary: (813) 748-4116

Weekly Blog Update from dana devine

For the week ending November 6, 2009

Thank you for reading my Real Estate industry blog, the devine report. This is a summary of my newest blog entries from the past week.

Publish Date: November 06, 2009
Congress Expands And Extends The First-Time Home Buyer Tax Credit
Excerpt: Congress both extended and expanded the First-Time Home Buyer Tax Credit program Thursday. The White House says the President will sign it into law today. The up-to-$8000 tax credit's expiration date has...

Publish Date: November 04, 2009
A Simple Explanation Of The Federal Reserve Statement (November 4, 2009 Edition)
Excerpt: The Federal Open Market Committee voted to leave the Fed Funds Rate within its target range of 0.000-0.250 percent. In its press release, the FOMC noted that the U.S. economy "has...

Publish Date: November 04, 2009
Because Of The Federal Reserve, You Should Lock Before 2:15 PM ET Today
Excerpt: The Federal Open Market Committee caps off a scheduled, 2-day meeting today in the nation's capital, its 8th meeting of the year. The group adjourns at 2:15 PM ET and, as...

Publish Date: November 03, 2009
Higher Home Prices Ahead, Says The Pending Home Sales Index
Excerpt: The housing market continues to steam forward. As reported by the National Association of Realtors®, the Pending Home Sales Index posted its 8th consecutive monthly gain in September. It's the longest winning...

Publish Date: November 02, 2009
How To Test A Home Smoke Alarm
Excerpt: According to the United States Fire Administration, there were an estimated 1.5 million domestic fires last year, resulting in more than 3,400 deaths. Many of these deaths occurred in homes with...

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