Real Estate Market

Featured Listing

Featured Listing

For Sale: $359,900

More Information

Tampa FL Market Trends

May 2017 Market Statistics

Elizabeth Banks and Realtor.com explain the home buying process.

 

Take a look at how many folks bought homes in our market last month… 

Tampa Real Estate Market Report - May 2017

Hillsborough County real estate sales statistics for May 2017 show the number of homes sold increased by 10.2%.  The average sales price increased by 11.3% to $272,503. The median sales price increased by 6.4% for the month, and market times decreased by 11 days.

Hillsborough
County
Homes
Sold
Average
Sales Price
Median
Sales Price
Average
Market Times
May 2017 2,605 $272,503 $219,000 52
May 2016
2,363 $244,794 $205,000 63





Pasco County real estate sales statistics for May 2017 show the number of homes sold increased by 9.7%.  The average sales price increased by 12.4% to $197,480. The median sales price increased by 17.8% for the month, while market times decreased by 15 days.

Pasco
County
Homes
Sold
Average
Sales Price
Median
Sales Price
Average
Market Times
May 2017
1,338 $197,480 $185,000 61
May 2016 1,208 $173,006 $152,145 76





Pinellas County real estate sales statistics for May 2017 show the number of homes sold increased by 8.8%.  The average sales price increased by 20.0% to $279,009. The median sales price increased by 16.7% for the month, while market times decreased by 10 days.

Pinellas
County
Homes
Sold
Average
Sales Price
Median
Sales Price
Average
Market Times
May 2017
2,367 $279,009 $210,000 62
May 2016
2,159 $232,412 $179,900 72





For the latest Tampa FL real estate market conditions, please call me at 813-728-3880 or visit TampaRealtyNow.com.

Millennials Are Not Buying Homes

Here's Why You Should!

Yes, I’m talking to YOU millennials!

There are several reasons why you aren’t buying homes right now.  Student debt, low-paying jobs and not having cash for a down payment are just a few of them.  But the truth is, now is a great time for you to be engaged in the housing market.  It’s time for millennials to start seeing the value of home ownership rather than throwing money away each month for rent that will never contribute to building any future equity. 

There are so many benefits that come with owning a home  and many of you may not be aware of them all. When you purchase a home, you are making a sound investment in your future (instead of your landlord’s) and while having the responsibility of a mortgage can seem overwhelming, you are actually doing yourselves a favor by taking out a loan.  Making mortgage payments each month really feels no different than making rent payments. But there is a huge difference!  By making mortgage payments, you are putting money toward owning a larger share of your own home.  With equity, you have an asset you can use in the future, whether by taking out a home equity line of credit to pay for home improvements or education costs or by earning a profit when you sell your house for a higher price.

Another potential benefit of being a homeowner, is becoming a landlord yourself.  By investing in a starter home, you can turn it into a rental property that will provide extra income when you buy your own long-term home in the future. Rent takes on a whole new meaning when you are receiving it instead of paying it!

Tax breaks are another perk of homeownership.  The sooner you purchase a home, the more years you will be able to enjoy tax advantages.

It’s understandable that those of you in the millennial age group (25-34) are hesitant to take the plunge into homeownership, but it’s important that you understand that it is a sound investment in your future and will be well worth it in the long run.

Meet with the professionals at Tampa Realty Now and let them help you understand what you can afford and how buying a home verses renting one can have a positive impact on your future financial situation.

 

http://www.tamparealtynow.com/Blog/Who-Needs-a-Realtor-You-do

http://www.tamparealtynow.com/Blog/Things-to-Consider-Before-Purchasing-a-Home-Together

http://www.tamparealtynow.com/Blog/Millennial-Buyers-Well-Compromise

Swimming Pool Safety Tips

With summer vacation fast approaching, it’s important to make sure your backyard pool is a safe place for family fun.  Tragically, over 200 children drown in backyard pools each year, so make pool safety a priority by following these guidelines. 

  • Secure your pool with appropriate barriers.  Completely surround your pool with a   four feet high fence or barrier that has a self-closing and self-latching gate. Place a safety cover on the pool or hot tub when it is not in use and remove any steps or ladders used for access.  Consider using a pool alarm that sounds if anyone enters the pool area.
  • Always actively supervise children in and around the pool.  Stay within arm’s length of young children.  Make sure there is a designated person to watch the water when people are in the pool.  And never let anyone swim alone.  Young or inexperienced swimmers should use U.S. Coast Guard approved life jackets.
  • Ensure that everyone in the home knows how to swim well by enrolling them in swimming lessons.
  • Keep your pool/hot tub water clean and clear.  Maintain proper chemical levels, filtration and circulation.  Regularly test and adjust chemical levels to minimize the risk of earaches, rashes and other, more serious diseases.
  • Establish and enforce rules and safe behaviors such as “no diving”, “stay away from drain covers”, “swim with a buddy” and “walk please.”
  • Make sure that everyone in the home knows how to respond to aquatic emergencies by having appropriate safety equipment and taking water safety, first aid and CPR courses from The Red Cross.

If you want to learn more about pool safety, watch this Home Pool Essentials video developed by The Red Cross and the National Swimming Pool Foundation.

Thinking about buying or selling a pool home; Contact Linda and Craig Nowicke of Tampa Realty Now.

Contact Information

Photo of Linda and Craig Nowicke Real Estate
Linda and Craig Nowicke
RE/MAX ACR Elite Group
14823 N. Dale Mabry
Tampa FL 33618
Linda: 813-728-3880
Craig: 813-675-5030
Fax: 813-961-6016

Linda Nowicke reviews