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Tampa Florida Real Estate News Blog

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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By Tampa Realtor Michael Valdes

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SKYPOINT CONDOS IN TAMPA FL ARE NOW FHA/ VA Approved
Fha/ VA financing is available on all remaining BRAND NEW luxury Skypoint condos in Tampa Florida. 1 Bedroom Units - #2311, #2511, #2707 ,#3109 - From $189K. 2 Bedroom Units - #301, #806, #2502, #2503 - From $275K. Please call (800) 975-7205 for more Read More...

by MICHAEL VALDES & ASSOCIATES | 0 Comments

Obama signs bill: Homebuyer tax credit extended
Note that this information is outdated. It's now law: Buyers get 5 more months to sign a contract, 7 more months to close; Fla. downpayment aid program extended; some move-up buyers get $6,500. Read More Read More...

by MICHAEL VALDES & ASSOCIATES | 0 Comments

Senate panel OKs extension of $8K tax credit
Note that this information is outdated. But it's not a done deal yet. Current version adds a credit for non-first-time buyers and raises income limits Read More Read More...

by MICHAEL VALDES & ASSOCIATES | 0 Comments

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FAIR HOUSING CELEBRATION
Note that this information is outdated. In commemoration of Hispanic Heritage Month, the City of Tampa Office of Human Rights and GTAR's Fair Housing Committee bring you, "¡Celebracion! Vivienda Justa", "Celebration, Fair Housing", Read More...

by MICHAEL VALDES & ASSOCIATES | 0 Comments

Existing home sales show signs of recovery
For the 1st time in 5 years, sales of previously occupied homes rose 3 months in a row, while foreclosure sales and home inventory both declined. The United States housing market is finally on the mend after its most far reaching collapse in seventy+ Read More...

by MICHAEL VALDES & ASSOCIATES | 1 Comments

***RENTER BEWARE*** Rental Scam Alert
Investigators stated Florida area criminals are lifting rental listings from real estate property managers, falsely adding their name as a contact and then posting it on the rental section of websites such as Craigslist.com. The consumer views a real Read More...

by MICHAEL VALDES & ASSOCIATES | 0 Comments

Home Sales Rise 4 Months in a Row!
Note that this information is outdated. Pending home sales are showing a sustained upwards trend, rising for 4 months in a row, according to the National Association of Realtors. Low home prices and a tax credit for first time buyers have boosted activity Read More...

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. Read More Read More...

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)! Read More...

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 Read More...

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 Read More...

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. Read More Read More...

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. Read More Read More...

by MICHAEL VALDES & ASSOCIATES | 0 Comments

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. Read More Read More...

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% Read More...

by MICHAEL VALDES & ASSOCIATES | 0 Comments

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