News about properties and real estate
Last April, he and a partner paid $275,000 for a house in a coveted South Tampa neighborhood. After renovations, they sold it in November for $515,000 — a gross profit of $240,000.That wasn’t their only impressive flip. A Tarpon Springs house Paloscio snagged for $170,000 last year sold six months later for $325,000.But Paloscio knows …
Continue reading “Flipping houses stays red hot and Tampa Bay remains one of its favorite markets”
A decade ago, a collapsing housing market triggered an avalanche of foreclosures that nearly brought the civil court system in Polk County and across the country to its knees. Judges and court clerks grappled with an unprecedented flood of foreclosure lawsuits that no one had seen coming, and for which they were unprepared. In 2013, …
Continue reading “Foreclosure crisis over, Polk courts are breathing easier now”
Most Florida homeowners’ familiarity with the glass room known as a conservatory begins and ends with the crime-solving board game Clue. You know, Col. Mustard did it with the candlestick in the conservatory. But Sarasota homeowners Marta and Chuck Swanson have made an authentic upper-level conservatory the centerpiece of their home.The room with a wraparound …
Continue reading “A British-style conservatory makes this Sarasota home unique”
Pinellas, Pasco and Hernando counties also showed dramatic increases as buyers vied for an exceedingly tight supply of single-family homes — Pasco had less than a three-month inventory. And even though interest rates have risen slightly since the presidential election, there is little sign the market is slowing down. “We haven’t noticed any impact yet,” …
Continue reading “The price of homes in the Tampa Bay area continues to soar”
There will be no “free houses” for Floridians who have defaulted on their mortgages but continue to live in their homes without paying. In a major opinion, the Florida Supreme Court has ruled that lenders can resume foreclosing at any time, even if they have taken no action in years. Previously, they had to act …
The distinctly homey vibe at the two-room office Lee Norville opened 30 years ago in his hometown is no accident.For example, the weekly sales meetings at 1938 Hamilton St. near Avondale always start with a prayer and sometimes end with a group hug. The meeting agenda calls for the small cadre of Realtors to share …
Continue reading “Small brokerages carve out niche in Northeast Florida real estate industry”