Tampa MSA is the second biggest metropolitan area in Florida state, with a population exceeding 2,790,000 and inclusive of Pinellas, Hernando, Pasco and Hillsborough counties. It is the sixth biggest metro territory in the south and the 19th biggest in the country. It is no wonder that Tampa Bay real estate attracts much demand from both domestic and international buyers.
The Tampa Bay area has achieved the distinction of being the recipient of Southern Business & Development award as the “Mega Market of the Year”. A number of international corporations are headquartered here, including Tropicana Products, Ferman… Continue reading
CBS expects the impact of polar vortex to reach $5 billion. Besides shattering records of subzero temperatures in New York, Chicago, Texas and Oklahoma, causing six and seven cold-related deaths in Indians and Illinois respectively, crippling power generation and stranding hundreds of passengers overnight on Amtrak trains, the mammoth arctic blast has taken aim at literally all US cities. Except for Florida, which received wind chill advisories and freezing overnight temperatures at the worst and enjoyed warm daytime temperatures otherwise. Relocating to Florida may seem like a good proposition right about now, as you shovel one foot of… Continue reading
We might be seeing a little relief in sight with FEMA’s flood insurance premiums. The Senate has put a 4 year delay on the premium hikes until they figure out what to do. There is a very high possibility that the House with pass the bill. The National Association of Realtors (NAR) and real estate agents have been applying relentless pressure on both the House and Senate for months now. Check out the article below for the latest flood insurance update.
It seems like the government shutdown and flood insurance are all anyone is talking about in Tampa these days. It seems like the government always finds a way to kick people when they are down. It’s not just the rich how have to buy flood insurance policies. A lot of lower income and middle income people live near the water.
Cost of Flood Insurance Rises, Along With Worries
“Sharp increases in federal flood insurance rates are distressing coastal homeowners from Hawaii to New England and are starting to hurt property values and housing sales in areas just beginning to recover… Continue reading
We have all went through the panic cleaning marathon right before company came over and it sometimes can be a real drainer. We end up rushing everything and stuffing things into the closet or chucking things under the sofa just to speed up the process. Just imagine you own one of those huge luxury homes in Tampa and one day you decide to do a thorough clean up. Imagine the absolute mess you will find. Here are some really practical tips on how to avoid the whole problem.
Return what you use – This is one of the most basic… Continue reading
You are very excited, after months of inspections, shows and a lot of stress; you have finally selected one of the new homes in Tampa FL to call your own.You have so many ideas when it comes to decor and just can’t wait to get started but wait-there is one last milestone you must overcome: MOVING.
Although there are professional movers available to help you, you will still need to do the packing and making sure that everything gets taken. Here are things you must accomplish from one month before you move:
1. Finalize your packing list ready. You probably… Continue reading
I guess by now many homeowners struggling with mortgage armortization will have heard that they were taken for a ride by insurance providers who helped them out when they couldn’t raise the 20% downpayment. They in effect, provided the money to bribe the lenders who gave them the mortgages, albeit without their knowledge or consent.
The Consumer Financial Protection Bureau has decided to fine the four giant culprits but how will that help those who have already been defrauded? Are they just to become statistics?
Since the Bureau knows who the perpertrators are, how much was involved and who the… Continue reading
It is easy to understand why 1990 statistics show that one out of every four relocating retirees between the ages of 55 to 65 left the state in which they lived and selected Florida for their new home. Out of the Top Ten cities in which to migrate at that time, seven were in the Sunshine State. Roll the calendar forward to 2013 for a review of how this activity changed the direction of Tampa real estate.
Even though the concept of age-targeted housing is several decades old, the Baby Boomers forced contractors, architects and engineers to take a fresh… Continue reading
Changes Likely for Mortgage Deduction
Realtors attending the conference and expo hosted by the National Association of Realtors (NAR) shortly after the 2012 General Election received distressing news about mortgage deduction and its future. This tax benefit is arguably one of the best five reasons for purchasing a home. It provides a significant discount to those who itemize deductions on their federal tax return.
Like many others across the world, political commentator Charlie Cook (Cook Political Report) has been following the nation’s advance towards the looming fiscal cliff. Joined by Major Garrett, the National Journal corresponded for the White… Continue reading