Here is a snapshot of the first two weeks of April 2020 compared to the first two weeks of April in 2019. You can see under the column entitled “Number of New Contracts” 528 new residential deals went in to escrow between April 1st and April 15th of this year. That is down 26.4% from […]
COVID-19 and The Pinellas County Real Estate Market
Here is a snapshot of the last two weeks of March 2020 compared to the last two weeks of March in 2019. You can see under the column entitled “Number of New Contracts” 755 new residential deals went in to escrow between March 15 and March 31 of this year. Number of closed sales is […]
Looking Back Ten Years
It’s hard to believe that 10 years have passed since the low point of the Great Recession. The whole country experienced the greatest real estate value correction since the Great Depression of 1929. Some states were hit harder than others and as we all know all to well, Florida sustained quite a blow. Short sales, […]
November Snapshot
Looking at a snapshot of November of last year compared to November of this year we can see the difference in market conditions leading up to the Holiday Season. The number of homes for sale in November this year was down considerably at 21.7%. This corresponds with the number of homes sold in November which was […]
Homestead Portability
You can take it with you… In the last Blog Post we covered the Save Our Homes Cap (SOH) and how it can save you thousands of dollars on Real Estate taxes for as long as you live in your home. Now let’s take a look at how you can take those savings with you […]
Your Home and The Pinellas County Tax Collector
If you are like many Americans you believe that purchasing a home is a sound financial decision. The advantages are many, including equity build up, pride of ownership and the fact that you’re not subject to the whims of a landlord. Each year when you file your income taxes you can write off your […]
Could you benefit from a 1031 Exchange?
Let’s assume that you purchased an investment property for $500,000 and you have held the investment for 10 years. To keep things simple for this example we will assume that you payed cash and you have not mortgaged the property. The value of the property now is $1,000,000. To minimize your taxes over the 10-year […]
What’s Your Home Actually Worth?
What’s Your Home Actually Worth? Discover What Buyers Will Pay in Today’s Market It’s easy to look up how much money you have in your savings account or the real-time value of your stock investments. But determining the dollar value of a home is trickier. As a seller, knowing your home’s worth helps you price […]
Financing
s the events of the last few years in the real estate industry show, people forget about the tremendous financial responsibility of purchasing a home at their peril. Here are a few tips for dealing with the dollar signs so that you can take down that “for sale” sign on your new home. Get pre-approved. […]
Preparing to Sell
Selling your home doesn′t just mean hiring a realtor to stick a sign out front. There are a lot of preparations you should make to ensure you get the best offer possible in the shortest time. Repair. Just because you’ve gotten used to the cracks in the walls and the rattles in the radiators doesn’t […]