Home Prices Rise in Most Major U.S. Cities

Home prices rose in March from February in most major U.S. cities for the first time in seven months. The increase is the latest evidence of a slow recovery taking shape in the troubled housing market.

The Standard & Poor’s/Case-Shiller home price index shows that prices increased in 12 of the 20 cities it tracks.

Three of the weakest markets reported signs of improvement. Prices increased in Tampa and Miami, while prices in Las Vegas were unchanged.

The biggest month-over-month increases were in Phoenix, Seattle and Dallas. Prices dropped sharply in Detroit, Chicago and Atlanta.

The increases partly reflect the beginning of the spring selling season. The month-to-month prices aren’t adjusted for seasonal factors.

The overall index of 20 cities was essentially unchanged in March, after falling 0.8 percent in February.

If you have any questions about the Tampa, FL real estate market click here.

Tampa Real Estate Status

Not only is Tampa known for its highly rated schools, unique shops and quiet neighborhood, it is also known for its booming real estate status. This beautiful peninsula has been developed to offer great housing opportunities, including single family homes, condominiums, villas and many others. What’s more exciting is the strategic location of modern Tampa communities, making commutes from home to work and vice versa shorter and more convenient – not to mention that major hospitals and other essential amenities are only a few minutes drive. Every neighborhood in Tampa has a unique character that you and your family will sure enjoy.

From popular subdivisions to modern high-rise building homes, there are limitless options for your new address. For instance, down at northwest Tampa, you get a gated community with exclusive access to golf courses, tennis courts and other sports and leisure amenities. Upscale and gated subdivisions await you and your family in Tampa’s more exclusive subdivisions, boasting multi-million dollar clubhouses and leisure opportunities that only residents can enjoy. In addition to the excellent weather that Tampa residents enjoy, more luxury abounds its high-end properties and more prestigious addresses. Prices of new homes range from $200,000 to millions. [Read more…]

Take a Look at New Downtown Tampa Condos

Trendy and urban Tampa neighborhoods are now on the rise. With Tampa condos, living within walking distance of the community’s busiest spots has been made possible. Imagine living where everything happens. Right at that corner is your favorite shopping mall, which is only a few steps away from your office. Having the leisure of walking through the park while going home from work or fetching the kids from school makes these living abode most inviting. Turning great architectural works into modern homes have become most profitable in this part of sunny Florida. Combining the essence of city vibe into suburban quiet family homes has never been made this exciting.

A few years ago, today’s busy Tampa districts were practically ghost towns. Thanks to the community’s supportive financing and strategic real estate projects, this once boring suburban community evolved into a modern yet family-friendly community. Condo projects approved by the FHA have created homes for thousands of families who saw the convenience and practicality of living in Tampa. Apparently, the list for either rental or condos for sale have become very limited. This only shows that more and more families are beginning to come to Florida and change their address to Tampa. [Read more…]

Apollo Beach Homes in Tampa Bay, Florida

Apollo Beach has premium waterfront properties that offer you a panoramic view of nature in its magnificent glory. Here, you will find some ‘dreams come true’ real estate properties at affordable prices. You can relax and enjoy in complete peace and perfect harmony the lush greenery of nature, or the many waterways leading to the spacious Tampa Bay. Recently, Apollo Beach has seen a rush of prospective home buyers, as the prices are still cheaper in comparison to other area homes. Large planned communities have come up in Apollo Beach along with all modern amenities for recreation like golf courses, tennis courts, swimming pools, and waterfront restaurants. Also, there are planned shopping centers for fulfilling home needs, and making it a perfect living destination.

There are quite a good number of canals in Apollo Beach, providing some homes instant access to water and boat docks; so, it’s easy to take a quick family trip to Tampa Bay. Downtown Tampa is only a short distance from Apollo Beach; the sports lovers have ready access to the Raymond James Stadium, and others to the Florida Aquarium, and other attractions.

So, after spending a hectic day in the office if you crave to relax quietly, then Apollo Beach Homes is the destination for you and your loved ones. You will feel fully refreshed with the healing balm of nature and its glory. And, the best part is you don’t have to spend a fortune to be the proud owner of such a luxury home in Apollo Beach. Compared to the current national median price for homes of $168,300 in September, 2011 Florida home median price is $ 137,500. So, why delay any more? Plan a visit to Apollo Beach Homes to find your Tampa luxury.

Bidding Wars On Florida Homes

Bidding wars are emerging from Homestead to Weston, as house sales and prices take off, further reinforcing the end of a prolonged market slump.

A two-bedroom, two-bathroom, bank-owned condo in Coral Springs excited 64 offers within 10 days– selling for $ 71,000 on Tuesday, or 34 percent over its $ 53,000 listing price.

“It was a feeding frenzy. I have actually never seen anything like it,” pointed out Marta DuPree, broker associate and vice president of the Keyes Business in Coral Springs. “It was a rentable structure, so all the venture capitalists were out.”

In Broward County, the median list prices of single-family houses rose 17 percent in April to $ 205,000, and condos hopped 17.4 percent to $ 84,300, in contrasted to prices in April 2011. And in Miami-Dade, residence prices continued a five-month ascending– up 30 percent for condos, to $ 150,000, and 8.2 percent for single-family houses, to $ 183,000, in contrasted to a year ago, according to figures released Tuesday by the Miami Association of Realtors.

Across South Florida, greater demand is leading to a number of bids and, in turn, elevating rates– as the real estate market keeps turning around.

“We have a very limited amount of properties at this point and there are a ton less foreclosures on the market,” said Tony Garcia, area sales business manager for the Keyes Company in Homestead. “What we are seeing is that individuals are going once more to bidding wars … We’re in a situation where for 80 percent of contracts there are at the very least 3 or four offers for the same property.”

Realtors state the merchandise of domestic listings is method down. It has reduced 34 percent in the past year in Miami-Dade, from 17,897 to 11,878, and down 4 percent because March, the Realtors’ Association said.

Similarly, in Broward, the stock of residential listings has dropped 30 percent in the past year, from 15,781 to 11,086, additionally down 4 percent from March.

With a housing stock of 16,000 residences and condominiums in Weston, just 254 single-family residences and 91 condos are currently for sale, pointed out Chip Rowand, assistant area sales supervisor for the Keyes Company’s Weston office.

Surrounding locations of Southwest Ranches, Pembroke Pines, Davie and Cooper City are all experiencing a comparable dearth of merchandise, stated Fritz Hawkins, basic business manager for the Keyes Company.

“We can place a property on the marketplace and we can easily have multiple offers in one day,” he stated.

Backers with money– predominantly overseas purchasers– continue to fuel the market.

In both Miami-Dade and Broward, 64 percent of closed sales in March were all-cash sales, with the vast larger part to intercontinental purchasers, the Miami Association of Realtors said.

“We’re at a point where builder inventories are low, and in fact, for some builders, sales are continuing faster than they can easily create,” said Brad Hunter, South Florida director for Metrostudy, a housing market advisory firm headquartered in Houston.

“For those that are waiting four or five or more years for residence rates to stabilize and start edging back upwards, we are practically there,” he stated.

Meanwhile, distressed properties still comprise a multitude of sales.

In April, 47 percent of all closed housing sales in Miami-Dade were distressed, including REOs (bank-owned properties) and short sales, contrasted to 59 percent in April 2011 and 49 percent the previous month.

In April, 38 percent of all closed household sales in Broward were distressed, in contrasted to 50 percent in April 2011 and 41 percent the previous month.

More distressed properties are confident to hit the market place, which could still dampen costs, analysts state.

“We still have 52,000 foreclosures that haven’t been sold, and it is still taking 809 days to process a foreclosure in Florida,” pointed out Jack McCabe, main manager of McCabe Study & Consulting, based in Deerfield Oceanfront.

When those distressed properties become available, they may be offered online, instead of through Realtors, he said.

“Things are better, but they are still not great, and there is still a flood of distressed property yet to be offered,” McCabe pointed out. “And that will definitely have an influence on the arena.”

Statewide median list prices in April increased 10.2 percent to $ 144,350 for single-family homes and 16.1 percent to $ 108,000 for condominiums, according to the Florida Realtors Market Data and Analysis division and vendor partner 10K Study and Advertising. The nationwide median existing-home rate for all housing kinds was $ 177,400 in April, a 10.1 percent boost from April 2011.

Tampa’s real estate market is seeing the same signs. View Tampa homes at www.tampa2enjoy.com.

Finding Housing Opportunities in Tampa

Tampa is filled with great housing opportunities that you and your family must take advantage of. The area lies in a location perfect for a quiet city life with the luxury of nearby seas. Whether you are searching for a gated community or friendly neighborhood, there will surely be a property that will meet your preferences. Now if you seek comfortable lifestyle minus the high cost for your Tampa property, you may consider investing in one of the many luxury homes in Tampa. Not only will it give your investments a boost. It will reward you and your family with the home that you truly deserve.

Touring the Tampa area gives you the opportunity to getting acquainted with a variety of neighborhoods. At the heart of the city, you can dine at one of its famous bistros and walk your way to the nearby shopping centers. There is also the local athletic clubs near the harbor, which is great if you are fond of doing outdoor sporting activities on land or on the sea. Also, it only takes a short walk to go to its sprawling neighborhoods, mainly comprised of condominiums, townhouses and water views. Villas, single-family homes and other more luxurious properties line up the charming harbor of the city.

For young and old future would-be owners of Tampa luxury homes like you, taking advantage of various financing offers, which apply on Tampa properties. It could be just the boost you need to finally enjoy a good life in this exciting new location. With the help of an expert real estate company, you may plan on ways to get the best value out of your target Tampa property.

Seven Oaks – It’s Time to Change Your Address

seven oaks imageIt’s nice to see your family grow into a place where children can attend school keep play dates with their neighbor and friends and forge lasting memories and relations that will match a lifetime. It’s nice to live in a community that promises nothing less of safety, security and convenience that you and your family deserve. After a long day at work, it’s nice to bear less time driving to your home’s warm meals, surrounded by your family. The opportunities that Seven Oaks homes give you are the chance to make your dream for a quiet and fulfilling community for your family come to life. This family-friendly community of charming Wesley Chapel stands between I-75 and Bruce B. Downs Boulevard in the beautiful Pasco County, New Tampa.

The charm of Seven Oaks lies not only in its convenient location but also in its picture-perfect community design. This 2,500-acre creation is blessed with Wesley Chapel, Florida’s century old trees, which will shade your way when strolling, jogging or driving down the neighborhood. The colorful flowers and landscapes that adorn its many homes, as well as communal amenities only add more character to this quiet yet modern community.

Your family will instantly settle in to the many amenities that you may enjoy with Seven Oaks. Even with its mainstay traffic that is located a safe distance from the homes, driving down the community roads will be a pleasure, as you will be surrounded by its trees lining the sidewalk, and exotic tropical plants, all of which is well maintained for everyone’s aesthetic pleasures. Biking lanes are also present to welcome biking enthusiasts. Nearby, you may plan a trek over at its scenic nature trails. Take the time to visit its swimming complex, tennis courts, volleyball court, baseball and soccer fields and fitness center, and more. This luxury community is gifted with a multi-million dollar community center, all waiting for local residents to enjoy.

Of all the many amenities that you should look forward to, it must be the 17-acre and 4.5-million dollar SportsCore and Club that should top your list. The opportunity to own a Wesley Chapel home in Seven Oaks goes with an exclusive access to its array of fitness and leisure amenities. From basketball courts to pools, swings and slides, people of all ages will surely have a great time. Within this clubhouse is the state-of-the-art multi-tiered theater with projection screen. An event kitchen and top-of-the-line work out center is just a few steps away. No need to worry for activity rooms for the younger crown is ever present. Plus, you can have a sip of gourmet coffee courtesy of the clubhouse’s specialty coffee shop. Clearly, fitness, sports and social activities for every family will never be a problem for Seven Oaks residents.

If you are searching for just the right place to come home to, the opportunity given by Seven Oaks should be on your book. Everything that you and your family are dreaming of is just what this new address will offer.

Listings Grow Scarce

While the past six years have actually been marked by skittish house-hunters scared to get off the fence and purchase, real estate agents now face owners willing to place their homes on the market for the inexpensive rates they currently want.

The National Association of Realtors (NAR) reports that the amount of U.S. residences up for sale in March slumped 22 percent from a year earlier to 2.37 million– or a supply of 6.3 months, which is thought about a well balanced degree between buyers and sellers. Last month, nonetheless, Redfin points out that stocks shrank to less than a three-month supply.

According to Redfin CEO Glenn Kelman, sales are down in the most competitive housing markets, where bidding wars have flared– consisting of the District of Columbia, San Francisco, Tampa and Phoenix. Nonetheless, he adds, “the limiting element on sales volume isn’t really a lack of customers. It’s a lack of sellers.”

Owners are not inspired to put their residences on the marketplace, recognizing that they will possibly take a loss due to the fact that of severe property depreciation. CoreLogic predicts that greater than 11 million Americans are upside down on their home loans, indicating that they owe greater than what the real estate is presently worth, which constricts their potential to move.

“We’re not going to have a healthy and balanced market until we can easily have move-up purchasers acquisition houses and not just stay in place,” strains Susan Wachter, professor of real estate and finance at the University of Pennsylvania’s Wharton School.

Real estate experts are going to extremes to discover prepared homeowners in the meantime. One broker in Denver e-mailed thousands of other representatives on Could 1 seeking houses that had actually not yet been formally specified and delivering half of his commission for a promotion reached by May 11 for his customer.

An additional agent in Florida hosts a happy hour each month, inviting people that are considering selling a single-family home and purchasing a condominium near the coastline. She points out that this has helped her to recognize 4 properties to sell, all of which had customers within a week.

Real Questions from Real Buyers

The real estate business has been picking up pace in Tampa, Florida. The increasing number of families who decided to move and enjoy an exciting new life in sunny Florida might explain this scenario a little bit. To better understand how things work when buying new homes in Tampa, take a look at these common client questions:

“What do you mean by high-rated homes?”

When most buyers’ focus on the price tag of properties presented to them, smarter buyers must focus more on property ratings. Homes located near a great school or quiet and family-friendly neighborhood normally get higher ratings.

“What do you mean by new homes?”

New homes means newly constructed. Since the demand for new homes is so high, it is possible that housing like this is already under contract even before the slab is poured. This means that if you have decided to move to Tampa, you must do the necessary arrangements and paperwork before all the good ones are taken.

“What is the cost of Tampa new homes?”

The prices for new homes can range from $130,000 to millions. Don’t get lulled into buying properties at bargain prices, just because of a low price. Although, you may find treasures in bargain priced properties, some bargain properties may be located too far from the metropolis, or be secluded, and not be what you are really looking for in a home.

“What are waterfront properties?”

If you demand luxury in your new home, then a waterfront homes in Tampa are a must. Waterfront homes offer you easy access to the serene beauty of sun and surf, and many have private boat dock access. So no matter if you like land activities or water activities, you can have the best of both with a waterfront home.

Clearly, new homes offer a variety of housing opportunities for those who are considering moving to sunny Florida. Be sure to seek the expert advise of a professional and experienced real estate company to help you find the property that suits your wants and needs.

Families Should Consider Fishhawk Homes for Sale

People looking for that perfect location will be hard-pressed not to find Fishhawk Ranch in Tampa, Florida the ideal place. It offers all the amenities families look for when settling down, and also due to housing prices continuing to drop making it the right time for people looking to buy a home. Located close to Brandon and the Tampa Metro, Fishhawk is surrounded by beautiful scenery with well laid out gardens and has no lack of parks, pools and other facilities that make any location attractive to residents.

Families will not find it hard settling in any Fishhawk Ranch home for sale. For one thing, while real estate prices have dropped, more and more families can now afford to live and enjoy a quiet and happy family life in this charming Tampa community. Health is key – so, Fishhawk homes’ proximity to world-class Florida state hospitals and health centers make it a great choice to live. Not to mention, its convenient location to some of the states’ finest schools, both private and public, makes it a perfect choice for raising well-educated children. Residents may also enjoy the comfort of reputable day care centers, giving residents the time to attend to more things that matter without worries about family care.

Fishhawk is a planned community consisting of 3,000 acres of land, which is located close to the Highway I-75 providing easy access to Tampa city if anyone wants to go there for their work, business or fun. However, this is not usually the case because everything the residents want can be found right there at Fishhawk which has its very own shopping malls, sporting centers, play areas, community parks, walks and even aquatic centers which makes leaving the area not necessary unless they wish to.

Those who daydream about Tampa luxury homes will have no hesitation in wanting to buy Fishhawk homes surrounded by its natural beauty where soaring trees, silvery streams and wildlife abound. The tranquility of the place is well evidenced by beautifully landscaped gardens, where softly twinkling fountains provide the perfect backdrop for reading or relaxing while children play and enjoy in extremely safe surroundings.

For members of the family who that like sports, they can enjoy volleyball, basketball and tennis courts, or soccer and baseball fields simply to spend their excess energy, or to keep fit after a hard day at the office. No community is complete without its swimming pool. Kids of all ages will no doubt love to spend much of their leisure hours playing in the water at the Osprey Club.

As always seen in Tampa luxury homes, a great deal of emphasis has been placed on the quality of life that the residents would want to enjoy, and this is amply provided in each of the distinctive neighborhoods where everyone can gather for community events or meet for drinks in the evening. This gives residents a sense of belonging and pride of ownership and security in the knowledge that they have a beautiful home to call their own.

Young couples looking to start a family should consider Fishhawk Ranch, no matter what they’re looking for; be it a town house, a condominium or even a luxury home, because Fishhawk has them all and at very affordable prices too.