A client sent me a property to review earlier today and in the brief time that I researched its background I learned that: The property is listed as a short sale. The property is listed at $129,900. Last sale was June of 2006 for $302,000. There was a $302,000 mortgage recorded at the time of [...]
Archive for March, 2008
March 20, 2008 by Lenny Gurvich · 5 Comments
Filed under: Seminole Heights Homes, Short Sale Information
Filed under: Seminole Heights Homes, Short Sale Information
March 19, 2008 by Lenny Gurvich · Comments Off
Filed under: Seminole Heights Homes, Short Sale Information, Tampa Neighborhoods
Filed under: Seminole Heights Homes, Short Sale Information, Tampa Neighborhoods
2007 4th Quarter (October-December) Sales Report 33603 (South Seminole Heights, North Riverside Heights, Wellswood, etc) Average Sale Price:$ 152.4k Price Change from Q4 2006: -16.13% Sales Volume Change from Q4 2006 : -45.95% 33604 (North (Old) Seminole Heights, Lowry Park area, Sulphur Springs, etc) Average Sale Price:$ 154.9k Price Change from Q4 2006: -15.22% Sales [...]
March 18, 2008 by Lenny Gurvich · Comments Off
Filed under: Mortgage Rate Watch, Tampa Home Buyer Tips, Tampa Real Estate
Filed under: Mortgage Rate Watch, Tampa Home Buyer Tips, Tampa Real Estate
For most folks, a monthly mortgage payment is made up of 4 components: Principal on the loan. Interest on the loan Taxes (property) Insurance (hazard, flood, etc) Those 4 components are commonly referred to as PITI. I commonly run in to folks who are grossly underestimating their monthly nut on a specific loan amount. There’s [...]
March 18, 2008 by Lenny Gurvich · Comments Off
Filed under: Channelside Market Updates, Downtown Tampa, Tampa Condos, Tampa Neighborhoods, Tampa Real Estate
Filed under: Channelside Market Updates, Downtown Tampa, Tampa Condos, Tampa Neighborhoods, Tampa Real Estate
In continuing a look a look a 4th quarter sales activity we find: 33602 (Downtown Tampa, Channelside, Channel District, Harbour Island, Ridgewood Park, Tampa Heights) Average Sale Price:$ 419.4k Price Change from Q4 2006: 41.69% Sales Volume Change from Q4 2006 : 271.43% Impressive numbers indeed. But during the latter part of 2007, many of [...]
March 17, 2008 by Lenny Gurvich · Comments Off
Filed under: Real Estate Market Reports, South Tampa, South Tampa Neighborhoods
Filed under: Real Estate Market Reports, South Tampa, South Tampa Neighborhoods
Today I received a report regarding the 4th quarter of 2007 as it relates to Tampa’s residential real estate. In scanning the numbers for some south Tampa zip codes, here’s what I see: Starting in the north: 33609 (Beach Park, Bon Air, etc) Average Sale Price:$447.7k Price Change from Q4 2006: 10.68% Sales Volume Change [...]
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