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Real Estate Market

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.

______________________________

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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Tampa Bay Living

tampa bay living

Tampa Bay Living, these are neighborhoods laid out in the more traditional sense. I will speak about some of them. South

South Tampa has historic homes, townhouses, condos, and luxury lofts. Everything from festivals to live music and an active night life.

Ybor City. Ybor has “modern and renovated condos, townhouses, and lofts.” Ybor also has restaurants’ and shopping. Looking for the business district? Downtown Tampa is your place. It offers lofts and high rises for places to live in, and with places of interest to see, like the children’s museum. If you want suburban/residential, then you like these areas, New Tampa has lots of ranch style houses and “family friendly neighborhoods” Brandon is a “Typical suburban community” and it has “everything from apartments to homes.”

If you want suburban/residential, then you like these areas, New Tampa has lots of ranch style houses and “family friendly neighborhoods” Brandon is a “Typical suburban community” and it has “everything from apartments to homes.”

Brandon is a “Typical suburban community” and it has “everything from apartments to homes.” It’s like any place, depending where you live will depend on how quiet the community is, or if you are near restaurants, shopping, and bars.” Lithia/Fishhawk Ranch “offers condos, townhouses, ranch-style, and new-bungalow style housing in basically all price ranges, and is a very family oriented community.” It along “

Lithia/Fishhawk Ranch “offers condos, townhouses, ranch-style, and new bungalow style housing in basically all price ranges, and is a very family oriented community.” It a long drive to the hot spots like South Tampa, Ybor, and Channelside.” Finally there is Plant city.

Plant city is known for peace and quiet because the houses are further apart. Which place or neighborhood would you choose from each city?

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Investment Property Vacancy

 

investment property vacancy

The current rental market remains strong with rental rates at their highest levels.  Your exposure to investment property vacancy should be very small. The record number of foreclosures in the late 2000s have left many families still unable to purchase a home, bank owned properties sit empty and mortgages are more difficult to qualify for.  Finding an affordable rental property has been a difficult thing to do with a high demand and low supply of available homes.

In these type of market conditions, properties shouldn’t be sitting vacant long in this market.  Most of our clients have new leases started the day after their old tenant’s lease ends.  With 60 days notice and a strong rental market, your vacancy rate should remain very limited.  Any good property manager should, on average be able to rent your property in 2 to 3 weeks, if not, something is wrong.

When I look at properties online I see some that have been vacant for 200 to 300 days??   Seems quite odd and I believe it is mainly from real estate agents telling people what they want to hear and not being responsive to prospective tenants.

This rental market will remain strong for the foreseeable future, but won’t last forever.  Investors should be maximizing  their opportunities while they are there.

For Expert Property Management in Hillsborough and Pasco Counties contact Relevé Real Estate and Property Management.  Elevate your expectations.

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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.

 

 

tampa bay property managment
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What to Ask of a Tampa Bay Property Management Company

 

If you own a rentals in Tampa, Florida and you wish to have less stress and time in managing it, you need to get the services of a Tampa Bay property management company. Before you hire one though, you need to ask the proper questions so that you will get the right company.

The first question to ask of the company is their contact information such as their address, telephone number, cell phone number and email address because you will want to know how to reach them if a problem occurs. Knowing how to reach them shall save you time and allow you to get on with your busy life. It is imperative to have different ways of reaching your property manager.

Know if the property management company you hire shall address issues on repairs. Ask them if you shall pay for such repairs or if this is included in your contract with them. Inquire if they will get the services of an external company to maintain the property and how much they shall pay for it. Know the type of repairs that you shall be responsible for. Also be aware of the cash reserve they need to cover expenses for repairs.

You should also ask if they handle yard maintenance such as shoveling snow, raking leaves and mowing the lawn. Companies that do such requests are good because your property will look nicer and cleaner to prospective tenants. Ask if you will be the one to hire additional help for yard maintenance.

Ask if there is a contract between you and the Tampa Bay property management company and its length. If you do not agree to certain things, know how difficult it would be to terminate the contract. Know if there is an early termination fee of the said contract.

Inquire if there is a vacancy fee as there are some property managers that impose this. It covers advertising costs, time in showing interested tenants the property and other fees which are related to filling the vacancy. Know the amount of such a fee and the company’s manner of billing.

Ask the effectiveness of the Tampa Bay property management at filling vacancies. Know their methods of promoting your property. Check if they have a website filled with good pictures of properties they manage. Inquire if they promote through local classified ads as well as free online rental listings. Ask the number of vacant properties they are managing.

When you hire a Tampa Bay property management company, your property will have good tenants immediately.

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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.

 

 

market statistics
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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.

 

 

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.