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September
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September 2017 Land O’ Lakes Real Estate Statistics

The Land O’ Lakes Real Estate Market Report for September 2017

According to the new data released by the Greater Tampa Association of REALTORS®, the Land O’ Lakes, Florida Real Estate Market is showing signs that 2017 is going to be even more aggressive than 2016.

Market Notes:

This is the first time in several months that we have seen more homes come on the market than selling. Hopefully, this is an indicator of a much-needed boost to our housing inventory.

Let’s take a look at the September 2017 real estate market numbers for Land O’ Lakes:

September 2017 Land O’ Lakes Real Estate Statistics

  • median listing price of $283,ooo for $117 per sq ft.
  • median closing price of $252,000
  • 829 homes for sale
  • 68 homes for rent
  • 43  median days on the market

The Land O’ Lakes Real Estate Market is Strong

September 2017 is usually one of the slower months for real estate sales in Land O’ Lakes as buyers and investors prepare for the spring season, but it was still 25% busier than this time last year. We are finally starting to see an increase in new listings by 34% over last year. This is very good news for homebuyers who have been struggling to find the right house because there have been so few homes on the market. Our hope is that this is an indicator of a more balanced market as we move into 2016.

Get an Advantage

How can both buyers and sellers have an advantage in the Land O’ Lakes, Florida real estate market?  Employ the services of a local Land O’ Lakes real estate agent who has vast knowledge and experience of the market. 

Find Land O’ Lakes Homes for Sale

For a complete list of available real estate in Land O’ Lakes, visit Land O’ Lakes Homes for Sale.  Make sure to subscribe to the blog so you don’t miss out on any Land O’ Lakes homes.

Find out what your Land O’ Lakes home is worth with a home value analysis and contact us to discuss your housing needs. Contact us for Land O Lakes Property Management.

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These numbers cover all of the neighborhoods in the Land O’ Lakes, FL zip codes of 34637, 34638 and 34639.  All information is deemed reliable but not guaranteed

The above information regarding the “September 2017 Land O’ Lakes Real Estate Statistics” was provided by Relevé Real Estate. We have over 20 years of experience helping people buy, sell, lease and manage properties in the Land O’ Lakes area. If you’re thinking of selling or buying, we’d love to share our knowledge and expertise.

 

 

Land O Lakes Market Statistics
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June 2016 Land O’ Lakes Real Estate Statistics

The Land O’ Lakes Real Estate Market Report for June 2016

According to the new data released by the Greater Tampa Association of REALTORS®, the Land O’ Lakes, Florida Real Estate Market is showing signs that 2016 is going to be even more aggressive than 2015.

Market Notes:

This is the first time in several months that we have seen more homes come on the market than sold. Hopefully, this is an indicator of a much-needed boost to our housing inventory.

Let’s take a look at the June 2016 real estate market numbers for Land O’ Lakes:

June 2016 Land O’ Lakes Real Estate Statistics

  • 165 homes were sold for a 5% year over year increase
  • median price of $225,000 for a 3% year over year increase
  • 327 homes for sale
  • 50% of the available homes sold in the last month
  • 1.99 months of inventory

The Land O’ Lakes Real Estate Market is Strong

June is usually one of the slower months for real estate sales in Land O’ Lakes as buyers and investors prepare for the spring season, but it was still 25% busier than this time last year. We are finally starting to see an increase in new listings by 34% over last year. This is very good news for homebuyers who have been struggling to find the right house because there have been so few homes on the market. Our hope is that this is an indicator of a more balanced market as we move into 2016.

Get an Advantage

How can both buyers and sellers have an advantage in the Land O’ Lakes, Florida real estate market?  Employ the services of a local Land O’ Lakes real estate agent who has vast knowledge and experience of the market. 

Find Land O’ Lakes Homes for Sale

For a complete list of available real estate in Land O’ Lakes, visit Land O’ Lakes Homes for Sale.  Make sure to subscribe to the blog so you don’t miss out on any Land O’ Lakes homes.

Find out what your Land O’ Lakes home is worth with a home value analysis and contact us to discuss your housing needs. Contact us for Land O Lakes Property Management.

______________________________

These numbers cover all of the neighborhoods in the Land O’ Lakes, FL zip codes of 34637, 34638 and 34639.  All information is deemed reliable but not guaranteed

The above information regarding the “June 2016 Land O’ Lakes Real Estate Statistics” was provided by Relevé Real Estate. We have over 20 years of experience helping people buy, sell, lease and manage properties in the Land O’ Lakes area. If you’re thinking of selling or buying, we’d love to share our knowledge and expertise.

 

 

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Get Offers on Your Land O’ Lakes Home

Once you have decided to sell your Land O’ Lakes Home, you must figure out at what price to list it at.  There are many things that can affect the price of the home.  The time of year, buyer or seller’s market, curb appeal, recent sales in the area and how motivated a buyer is.  Getting it right is the first step towards having a successful closing.

Time on Market

If a property is on the market for a long time, this can be a negative factor for home shoppers.  They often wonder why it would be sitting so long, why has nobody bought it, why did sales fall through?  Have they gone through multiple realtors and multiple pending offers?  Buyers can automatically think that a there is something wrong with the home if it has just been on the market too long.  Many sellers make the mistake of pricing their Land O Lakes home to high, which can lead to long times on the market.  You may think that this is giving you some room to negotiate, but it is actually eliminating you from certain buyers searches.

Search Criteria

By pricing your Land O’ Lakes home to sell, you will show up in more search criteria for potential buyers.  For example, if you are hoping to get $310k for your home and you list it at that amount, but you would actually be happy with $300k, you would be eliminating all potential searches of your home by buyers whose budget is $300k.  It is better to show up in as many searches as possible, get potential buyers looking and viewing the home and then you have something to work with.

Just because a home is listed for a certain price does not mean that is what the home actually has to sell for.  The listing price is just the first step in the negotiation.  If there is a ton of interest in the Land O’ Lakes home, buyers can actually get into a bidding war, with your home ultimately selling for higher than list price.  Better to have options in your home sales.

The Price is Right

Work with your agent to get a comparative sales analysis for your home.  The agent will run comps to see what has recently sold in your area and how they compare to your Land O Lakes home.  Many factors come into play as far as the conditions of the home, upgrades, renovations, square-footage, lot size, curb appeal, etc.

Factor to Price

The condition of the home compared to the recent sales in the area gives you the best starting point for listing your home and beginning to get offers to consider.  Have there been any recent improvements to your Land O’ Lakes home?  Many small investments can add value to your home and ultimately your final sale price.  Screening in a porch or adding a fence can give you a significant return on investment.  Installing smart thermostats or smart security features can really make a buyer feel like your home is special.

Work with a Relevé Real Estate agent to price your Land O’ Lakes home to sell and get offers immediately.

34638 property management
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Tips in Choosing a 34638 Property Management Company

 

If you are a busy person and you own a real estate property for rent, you will need to hire a property management company. It can be very laborious facing the responsibilities of a landlord thus, having such a company can be a real blessing to you. It is important to choose the right company because this can entail safety and security concerns as well as big financial consequences. Here are factors in considering which 34638 property management company to hire and they include reputation, services, and fee structures.

Shortlist no less than three property management companies and compare the services they offer and their fee structures. It is important to ask the necessary questions so that you can compare management services and equivalent leasing. There are companies that provide packages which are all-inclusive while others provide leasing services and extra services such as repairs, maintenance, security and trash collection for extra charges.

Get no less than three references for each 34638 property management company you contact. Verify these references and ask them if they are still working with the company. Also ask about the kind of services these companies provide and how much they charge for each service. You can also check the website of the Better Business Bureau if there are complaints against these companies. You can also go to your local BBB to check out their reputation.

Check which of these companies pledge to deposit in your account the rent proceeds collected at the earliest period per month. Do not go for companies which do not provide guarantees or shall only ensure to deposit the funds on the fifteenth of every month or much later. You should be the one to collect the interest incurred on the funds and not the property management company you hire.

See if there are tenant satisfaction surveys made. If there are none, you can speak to the company’s present tenants and see if they are satisfied with the company. If the tenants are satisfied, it means the company is operated professionally and honestly. Your business shall then be in good hands.

Check all the mentioned criteria so as to decide on which of the companies you should choose. Cost is very important but you should also think about services offered, reputation and relationship with tenants. All these shall help you in choosing the right 34638 property management company for you.  Look for someone that will partner with you to help you acheive your real estate goals.

 

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August 2017 Wesley Chapel Real Estate Statistics

The Wesley Chapel Real Estate Market Report for August 2017

According to the new data released by the Greater Tampa Association of REALTORS®, the Wesley Chapel, Florida Real Estate Market is showing signs that 2017 is going to be even more aggressive than 2016.

Market Notes:

This is the first time in several months that we have seen more homes come on the market than selling. Hopefully, this is an indicator of a much-needed boost to our housing inventory.

Let’s take a look at the August 2017 real estate market numbers for Wesley Chapel, FL:

August 2017 Wesley Chapel Real Estate Statistics

  • median listing price of $289,ooo for $123 per sq ft.
  • median closing price of $240,000
  • 945 homes for sale
  • 120 homes for rent
  • 55 median days on the market

The Wesley Chapel Real Estate Market is Strong

August 2017 is usually one of the slower months for real estate sales in Wesley Chapel as buyers and investors prepare for the spring season, but it was still 25% busier than this time last year. We are finally starting to see an increase in new listings by 34% over last year. This is very good news for homebuyers who have been struggling to find the right house because there have been so few homes on the market. Our hope is that this is an indicator of a more balanced market as we move into 2016.

Get an Advantage

How can both buyers and sellers have an advantage in the Wesley Chapel, Florida real estate market?  Employ the services of a local Wesley Chapel real estate agent who has vast knowledge and experience of the market. 

Find Wesley Chapel Homes for Sale

For a complete list of available real estate in Wesley Chapel, visit Wesley Chapel Homes for Sale.  Make sure to subscribe to the blog so you don’t miss out on any Wesley Chapel homes.

Find out what your Wesley Chapel home is worth with a home value analysis and contact us to discuss your housing needs. Contact us for Wesley Chapel Property Management.

______________________________

These numbers cover all of the neighborhoods in the Wesley Chapel, FL zip codes.  All information is deemed reliable but not guaranteed

The above information regarding the “Wesley Chapel Real Estate Statistics” was provided by Relevé Real Estate. We have over 20 years of experience helping people buy, sell, lease and manage properties in the Wesley Chapel area. If you’re thinking of selling or buying, we’d love to share our knowledge and expertise.

 

 

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August 2017 Lutz FL Real Estate Statistics

The Lutz Real Estate Market Report for August 2017

According to the new data released by the Greater Tampa Association of REALTORS®, the Lutz, Florida Real Estate Market is showing signs that 2017 is going to be even more aggressive than 2016.

Market Notes:

This is the first time in several months that we have seen more homes come on the market than selling. Hopefully, this is an indicator of a much-needed boost to our housing inventory.

Let’s take a look at the August 2017 real estate market numbers for Lutz, FL:

August 2017 Lutz Real Estate Statistics

  • median listing price of $335,ooo for $133 per sq ft.
  • median closing price of $282,000
  • 687 homes for sale
  • 53 homes for rent
  • 65 median days on the market

The Lutz Real Estate Market is Strong

August 2017 is usually one of the slower months for real estate sales in Lutz as buyers and investors prepare for the spring season, but it was still 25% busier than this time last year. We are finally starting to see an increase in new listings by 34% over last year. This is very good news for homebuyers who have been struggling to find the right house because there have been so few homes on the market. Our hope is that this is an indicator of a more balanced market as we move into 2016.

Get an Advantage

How can both buyers and sellers have an advantage in the Lutz, Florida real estate market?  Employ the services of a local Lutz real estate agent who has vast knowledge and experience of the market. 

Find Lutz Homes for Sale

For a complete list of available real estate in Lutz, visit Lutz Homes for Sale.  Make sure to subscribe to the blog so you don’t miss out on any Lutz homes.

Find out what your Lutz home is worth with a home value analysis and contact us to discuss your housing needs. Contact us for Lutz Property Management.

______________________________

These numbers cover all of the neighborhoods in the Lutz, FL zip codes.  33548, 33549, 33558 and 33559. All information is deemed reliable but not guaranteed

The above information regarding the “Lutz Real Estate Statistics” was provided by Relevé Real Estate. We have over 20 years of experience helping people buy, sell, lease and manage properties in the Lutz area. If you’re thinking of selling or buying, we’d love to share our knowledge and expertise.

 

 

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August 2017 Land O’ Lakes Real Estate Statistics

The Land O’ Lakes Real Estate Market Report for August 2017

According to the new data released by the Greater Tampa Association of REALTORS®, the Land O’ Lakes, Florida Real Estate Market is showing signs that 2017 is going to be even more aggressive than 2016.

Market Notes:

This is the first time in several months that we have seen more homes come on the market than selling. Hopefully, this is an indicator of a much-needed boost to our housing inventory.

Let’s take a look at the August 2017 real estate market numbers for Land O’ Lakes:

August 2017 Land O’ Lakes Real Estate Statistics

  • median listing price of $280,ooo for $117 per sq ft.
  • median closing price of $250,000
  • 864 homes for sale
  • 69 homes for rent
  • 43  median days on the market

The Land O’ Lakes Real Estate Market is Strong

August 2017 is usually one of the slower months for real estate sales in Land O’ Lakes as buyers and investors prepare for the spring season, but it was still 25% busier than this time last year. We are finally starting to see an increase in new listings by 34% over last year. This is very good news for homebuyers who have been struggling to find the right house because there have been so few homes on the market. Our hope is that this is an indicator of a more balanced market as we move into 2016.

Get an Advantage

How can both buyers and sellers have an advantage in the Land O’ Lakes, Florida real estate market?  Employ the services of a local Land O’ Lakes real estate agent who has vast knowledge and experience of the market. 

Find Land O’ Lakes Homes for Sale

For a complete list of available real estate in Land O’ Lakes, visit Land O’ Lakes Homes for Sale.  Make sure to subscribe to the blog so you don’t miss out on any Land O’ Lakes homes.

Find out what your Land O’ Lakes home is worth with a home value analysis and contact us to discuss your housing needs. Contact us for Land O Lakes Property Management.

______________________________

These numbers cover all of the neighborhoods in the Land O’ Lakes, FL zip codes of 34637, 34638 and 34639.  All information is deemed reliable but not guaranteed

The above information regarding the “July 2017 Land O’ Lakes Real Estate Statistics” was provided by Relevé Real Estate. We have over 20 years of experience helping people buy, sell, lease and manage properties in the Land O’ Lakes area. If you’re thinking of selling or buying, we’d love to share our knowledge and expertise.

 

 

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Tenant Turnover

tenant turnoverThe most stressful thing for a property owner is when a good tenant says they are moving out. This means the money they have been earning is about to be disrupted and they might all of the sudden have no rent coming in. Time is of the essence when you get the notice they are not renewing the lease. You have to immediately get an ad up and start fielding phone calls, scheduling viewings and screening new tenants.
One time I had the example of what great tenants should be. They took great care of the property, had their rent in on time every month and seldom called with maintenance requests. Tenants this good are hard to find. But all good things must come to an end and the tenants contacted me at 9pm on the 31st and gave their 30 day notice they would be moving out.
Although it is hard to see such good tenants go, and the owner was very pleased with them, the sadness was short lived. The rental unit was in a high demand area in Land O Lakes, Florida and it would not stay on the market long.
The advertisement went up immediately, the phone started ringing the next morning, viewings were scheduled and by 4pm the next day, we had secured what we believe will be a good tenant, at $200 more then what the old tenant was paying.
Having no vacancy, finding another good family a place to live and increasing your monthly income are some good things that will help you move on from great tenants moving out.
The demand for rentals has increased from the glut of bank owned homes, former homeowners with rough credit, and unemployed. Investors are making out good on their investments and prospective renters know they have to move with speed if they find something they like.
In this market, homes should not be available for rent long. If your property is for rent for longer than a month in the Tampa Bay area, then something is wrong. The price is too high, the property is not clean or damaged or your property management company is not advertising it well. There are a ton of homes that sit vacant because they are owned by banks and are not on the market. For each one of these bank owned homes there is a displaced family, with bad credit that cannot buy a home and will need to rent for at least several years. This creates a demand for quality rentals.
When you let your property sit vacant for months at a time, you are losing a lot of money. When good tenants go, you have to forget the past, move on and get to work. Keeping your investment property rented and bringing in money is the key to successful real estate investing.

Relevé Real Estate is a property manager in Tampa, Lutz & Land O’ Lakes, Florida and is the author of the Relevé Real Estate Blog

Relevé Real Estate is an expert, full service property management company in Tampa, Lutz and Land O’ Lakes, Florida, for more information visit http://releverealestate.com

December
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December 2017 Wesley Chapel Real Estate Statistics

The Wesley Chapel Real Estate Market Report for December 2017

According to the new data released by the Greater Tampa Association of REALTORS®, the Wesley Chapel, Florida Real Estate Market is showing signs that 2017 is going to be even more aggressive than 2016.

Market Notes:

This is the first time in several months that we have seen more homes come on the market than selling. Hopefully, this is an indicator of a much-needed boost to our housing inventory.

Let’s take a look at the October 2017 real estate market numbers for Wesley Chapel, FL:

December 2017 Wesley Chapel Real Estate Statistics

  • median listing price of $293,000 for $125 per sq ft.
  • median closing price of $250,000
  • 855 homes for sale
  • 151 homes for rent
  • 68 median days on the market

The Wesley Chapel Real Estate Market is Strong

December 2017 is usually one of the slower months for real estate sales in Wesley Chapel as buyers and investors prepare for the spring season, but it was still 25% busier than this time last year. We are finally starting to see an increase in new listings by 34% over last year. This is very good news for homebuyers who have been struggling to find the right house because there have been so few homes on the market. Our hope is that this is an indicator of a more balanced market as we move into 2016.

Get an Advantage

How can both buyers and sellers have an advantage in the Wesley Chapel, Florida real estate market?  Employ the services of a local Wesley Chapel real estate agent who has vast knowledge and experience of the market. 

Find Wesley Chapel Homes for Sale

For a complete list of available real estate in Wesley Chapel, visit Wesley Chapel Homes for Sale.  Make sure to subscribe to the blog so you don’t miss out on any Wesley Chapel homes.

Find out what your Wesley Chapel home is worth with a home value analysis and contact us to discuss your housing needs. Contact us for Wesley Chapel Property Management.

______________________________

These numbers cover all of the neighborhoods in the Wesley Chapel, FL zip codes.  All information is deemed reliable but not guaranteed

The above information regarding the “Wesley Chapel Real Estate Statistics” was provided by Relevé Real Estate. We have over 20 years of experience helping people buy, sell, lease and manage properties in the Wesley Chapel area. If you’re thinking of selling or buying, we’d love to share our knowledge and expertise.

 

 

December
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December 2017 Lutz FL Real Estate Statistics

The Lutz Real Estate Market Report for December 2017

According to the new data released by the Greater Tampa Association of REALTORS®, the Lutz, Florida Real Estate Market is showing signs that 2017 is going to be even more aggressive than 2016.

Market Notes:

This is the first time in several months that we have seen more homes come on the market than selling. Hopefully, this is an indicator of a much-needed boost to our housing inventory.

Let’s take a look at the December 2017 real estate market numbers for Lutz, FL:

December 2017 Lutz Real Estate Statistics

  • median listing price of $350,ooo for $138 per sq ft.
  • median closing price of $280,000
  • 555 homes for sale
  • 66 homes for rent
  • 82 median days on the market

The Lutz Real Estate Market is Strong

December 2017 is usually one of the slower months for real estate sales in Lutz as buyers and investors prepare for the spring season, but it was still 25% busier than this time last year. We are finally starting to see an increase in new listings by 34% over last year. This is very good news for homebuyers who have been struggling to find the right house because there have been so few homes on the market. Our hope is that this is an indicator of a more balanced market as we move into 2016.

Get an Advantage

How can both buyers and sellers have an advantage in the Lutz, Florida real estate market?  Employ the services of a local Lutz real estate agent who has vast knowledge and experience of the market. 

Find Lutz Homes for Sale

For a complete list of available real estate in Lutz, visit Lutz Homes for Sale.  Make sure to subscribe to the blog so you don’t miss out on any Lutz homes.

Find out what your Lutz home is worth with a home value analysis and contact us to discuss your housing needs. Contact us for Lutz Property Management.

______________________________

These numbers cover all of the neighborhoods in the Lutz, FL zip codes.  33548, 33549, 33558 and 33559. All information is deemed reliable but not guaranteed

The above information regarding the “Lutz Real Estate Statistics” was provided by Relevé Real Estate. We have over 20 years of experience helping people buy, sell, lease and manage properties in the Lutz area. If you’re thinking of selling or buying, we’d love to share our knowledge and expertise.