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Tampa Florida Real Estate News Blog by real estate expert Michael Valdes

Your local Tampa Bay Florida Real Estate Expert Michael Valdes shares news about the local housing market trends, homes for sale, events and more!

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Foreclosures

Waterfront Home For Rent/Lease in Lake St. Charles

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WOW... LUXURY WATERFRONT LIVING!!!

• 2,308 sq. ft., 3 bath, 4 bdrm 2 story - MLS® $1,900 USD Monthly

 -  WOW!!! Take a look at this 4 bed/ 2.5 bath 2 story waterfront luxury home which features a gorgeous view of a 40+ acre lake, a 40 x 12 screened in patio, and many extras. The family friendly community features a clubhouse w/ pool, kids pool, hot tub, jogging path w/ fitness areas,2 playgrounds, gated dog park, baseball field, soccer field, basketball courts, tennis courts, and more! Commute to downtown Tampa in only 15 minutes and there is NO RUSH HOUR OR TRAFFIC JAMS!! Drop your boat in the Alafia River only block away and cruise out to Tampa Bay! Get on Interstate 75 within minutes and be at the I-75/ I-4 corridor within 5 minutes! This home is close to the local mall, ton's of shopping, and lot's of great restaurants! Pet's subject to owner approval. Corporate Rentals OK. This beautiful house will not last long so hurry and request a showing today!

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by MICHAEL VALDES & ASSOCIATES | 0 Comments

Price Reduced on 8111 WOODLEAF BLVD in Westwood Estates

Westwood Estates, Wesley Chapel  -  Announcing a price reduction on 8111 WOODLEAF BLVD, a 2,066 sq. ft., 2 bath, 3 bdrm single story. Now MLS® $250,000 - .

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by Admin FPFteam | 0 Comments

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Townhouse For Sale in Victoria Terrace

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Close to USF!

• 1,170 sq. ft., 2 bath, 2 bdrm townhouse - MLS® $115,000

 -  Live in Beautiful Victoria Terrace, an adorable community located in Temple Terrace and just down the street from the University of South Florida. This 2 bedroom, 2 1/2 bath, 2 story townhome styled condo has new Berber carpet and Tile Flooring. Beautiful large Oak trees surround this home giving the surrounding yard a serene feel. Walk out your back door to the Tennis Courts & Swimming Pool. Shopping, restaurants and other ammenities are located close by. Don't wait to long before this gem is gone!

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by MICHAEL VALDES & ASSOCIATES | 0 Comments

MORTGAGE RATES TIE RECORD LOW!

30yr mortgage rates slid to an average of 4.78 percent this week, tying a record low and spurring refinancing activity as the housing market moves closer to bottom, according to Freddie Mac's weekly nationwide survey.

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by MICHAEL VALDES & ASSOCIATES | 0 Comments

Are we at the bottom???

Note that this information is outdated.

In April of 2009, 2410 homes were sold (up from 1636 sold the month before) in the Tampa Bay area (Hillsborough, Pasco & Pinellas Counties)!

 

by MICHAEL VALDES & ASSOCIATES | 0 Comments

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Single Story For Sale in FishHawk

MUST SEE THIS HOME
Best Deal in Fishhawk!

• 1,642 sq. ft., 2 bath, 3 bdrm single story - MLS® $170,000 - Shows like a model!

 -  ANOTHER PRICE REDUCTION! THIS HOME IS IN FISHHAWK, AN AWARD WINNING MASTER PLANNED COMMUNITY, LOCATED 30 MIN. FROM DOWNTOWN, WITH IMPRESSIVE RESORT STYLE POOLS, TENNIS COURTS, FITNESS CENTER, PARKS, TRAILS, A TOWN SQUARE & MORE. THIS IMMACULATE WINDWARD HOME-ALEXANDRIA MODEL HAS 3 BEDROOMS & 2 1/2 BATHS WITH A TOTAL OF 1,642 SQ.FT. PREMIUM OVERSIZED LOT WITH NO NEIGHBORS BEHIND. THE AMPLE KITCHEN HAS PLENTY OF COUNTER SPACE AND 42" WOOD KITCHEN CABINETS & CROWN MOLDING. THE MASTER BATHROOM IS SPACIOUS WITH DOUBLE SINKS AND A LUXURIOUS BATH TUB. THIS HOME TAKES ADVANTAGE OF LIGHT AND SPACE AND HAS SUMPTUOUS ARCHITECTURAL ARCHES AND POINTS OF INTEREST THROUGHOUT. EXCELLENT SCHOOLS AND FISHHAWK CREEK ELEMENTARY IS EVEN IN WALKING DISTANCE! IT TRULY SHOWS LIKE A MODEL AND IT'S BY FAR THE BEST DEAL IN THE LOW $200'S IN FISHHAWK. A MUST SEE IF WHAT YOU ARE LOOKING FOR A WONDERFUL COMMUNITY AND A BEAUTIFUL HOME READY TO MOVE IN. YOU WILL FEEL RIGHT AT HOME AND FISHHAWK IS WERE YOU BELONG!

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by MICHAEL VALDES & ASSOCIATES | 0 Comments

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HOUSING RECOVERY ON THE WAY?

Housing Predictor, who monitors 250+ residential property markets nationwide stated that Florida seems to be emerging from the real estate slump before any other states, including California. The State of Florida is seeing population growth... and single family home and condo sales have been on the rise for more than 6 months! Foreclosures and short sales presently account for approximately 67% of all sales and often are not included in real estate agents' tallies. Also, many banks in Florida housing markets are cranking out more home loans, and sellers are financing almost 20 percent of all sales.

 

by MICHAEL VALDES & ASSOCIATES | 0 Comments

Mortgages

It's too soon to say the financial industry has turned a corner and that tough loan restrictions will ease - but it sure looks that way at the moment. Goldman Sachs announced a surprising $1.66 billion profit in the first quarter of 2009, and it hopes to repay its federal loan sooner rather than later. Wells Fargo also announced a surprise profit surge a few days ago

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by MICHAEL VALDES & ASSOCIATES | 0 Comments

100% Financing on New Homes Still Exists!!!

Note that this information is outdated.

The USDA (United States Department of Agriculture) offers a barely known 100% loan financing program, called the USDA loan, that can help lower income families purchase homes.

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by MICHAEL VALDES & ASSOCIATES | 0 Comments

NEW HOME SALES

New home (New Construction) sales rebounded unexpectedly last month, rising 4.7 percent, the U.S. Commerce Department reported this morning. Economists expected a drop.

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HOME PRICES

U.S. home prices rose 1.7 percent on a seasonally-adjusted basis from December to January, according to the Federal Housing Finance Agency, which regulates Fannie Mae, Freddie Mac and the 12 Federal Home Loan Banks.

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by MICHAEL VALDES & ASSOCIATES | 0 Comments

Home Sales Rise Twenty Percent in February 2009

Existing home sales in Florida rose 20% last month - making it 6 consecutive months that sales activity showed increases in the year to year comparison, according to the Florida Association of Realtors. Statewide sales of existing condos increased 15% last month compared to 2008; and February's statewide sales also were higher than January's figures in both the existing home and existing condo markets.

 

by MICHAEL VALDES & ASSOCIATES | 0 Comments

2009 Parade of Homes

The Tampa Bay Builders Association is having their annual parade of homes March 21st - April 5th. Call us for a free Map Guide.

 

by MICHAEL VALDES & ASSOCIATES | 0 Comments

First-time homebuyer's: How does $8,000 from your Uncle Sam sound
Would you like an extra $8,000? If you are a first-time homebuyer then we have a great surprise for you. Last fall, the Federal Government introduced a financial incentive to prospective first-time homebuyers — an income tax credit of up to $7,500. The rules were simple: you must be a first-time homebuyer (which means you have not owned a home in last 3 years) and you met certain income restrictions. The new $8,000 tax credit is available to those who buy between 01/01/2009 and 12/01/2009. It is not a deduction, but an actual credit. Unlike the $7,500 first-time homebuyer tax credit introduced last summer; this tax credit does not need to be repaid. First time home buyers who qualify have to make less than $75,000 in adjusted gross income if they’re single or $150,000 if filing jointly. The maximum tax credit is $8,000 or ten percent of the sales price of the home, whichever is less. 3 years residence in the home is required. Be sure to check with your accountant for details and also submit the IRS form 5405 when you file your taxes.

by MICHAEL VALDES & ASSOCIATES | 1 Comments

Townhouse For Rent/Lease in St. Charles Place

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• 1,254 sq. ft., 2 bath, 2 bdrm townhouse "Two Story Contemporary" - MLS® $1,000 USD Monthly

 -  Like new 2 bedroom, 2 1/2 bathroom 2 story townhome that overlooks a pond in quiet neighborhood. Water, lawn maintenance, garbage & sewer are included in monthly rent. Community pool.

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by MICHAEL VALDES & ASSOCIATES | 0 Comments

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