This blog will offer insights to Tampa's real estate market, local restaurants and attractions.
Wednesday, August 9, 2017
Saturday, November 12, 2016
Home for Sale in Covewood Community, Riverview, FL 33578
LOWEST PRICE PER SQFT AROUND!!! Boasting a grandiose interior & sizable features, this home has over 3,000 sqft of comfort, grandeur & a pond view. Upon entrance of the home, the large great room & dining room greets you. The carpeted staircase is also at the entrance which leads to the second floor respite. On the first floor, just pass the staircase entrance is hidden storage, the entrance to a spacious two car garage & the guest powder room. Just around the corner is a very spacious living room, with enough entertaining space for a pool table, expansive entertainment system and much more. The open kitchen features a large island w/granite counter tops, stainless steel appliances, light oak cabinets, & plenty of storage. The walk-in pantry is also an impressive feature that you will come to love. The newly installed carpet will lead to a massive loft/bonus space on the second floor. The master suite retreat is ginormous & boasts three closets, two of which are walk-in, a garden tub, stand-up shower, & bathroom sink that faces the picturesque pond view. There are three more bedrooms on the second floor, two of which boast the pond view. One of the bedrooms does have a private bath which would be perfect for guests or an in-law. Covewood is hidden community off of US 301 close to Big Ben Road. The community is pet friendly & has a playground. This home is located minutes away from the Hospital, I-75, & many major shopping areas & restaurants. SELLER MOTIVATED! MAKE AN OFFER TODAY!
Tuesday, December 8, 2015
10 Christmas Light Tips to Save Time, Money, and (Possibly) Your Life
Christmas lights can be modest displays to show good cheer, or million-bulb light-apaloozas that draw gawkers from near and far. Here are some tips on how to get the most from — and spend the least on — your holiday display.
1. Safety first. Emergency rooms are filled with homeowners who lose fights with their holiday lights and fall off ladders or suffer electric shocks. To avoid the holiday black and blues, never hang lights solo; instead, work with a partner who holds the ladder. Also, avoid climbing on roofs after rain or snow.
2. Unpack carefully. Lights break and glass cuts. So unpack your lights gingerly, looking for and replacing broken bulbs along the way.
3. Extension cords are your friends. Splurge on heavy-duty extension cords that are UL-listed for outdoor use. To avoid overloading, only link five strings of lights together before plugging into an extension cord.
4. LEDs cost less to light. LED Christmas lights use roughly 70% to 90% less energy and last up to 10 times longer than incandescent bulbs. You can safely connect many more LED light strings than incandescents. Downside: Some think they don’t burn as brightly as incandescent bulbs.
5. Solar lights cost nothing to run. Solar Christmas lights are roughly four times more expensive to buy than LEDs, but they cost zero to run. They’re a bright-burning, green alternative. Downside: If there’s no sun during the day, there’s no light at night. The jury’s also still out on how long they last; they’re too new on the market for results.
6. Dismantle lights sooner than later. Sun, wind, rain, and snow all take their toll on Christmas lights. To extend the life of lights, take them down immediately after the holidays. The longer you leave the up, the sooner you’ll have to replace them.
7. Plan next year’s display on Dec. 26. Shop the after-Christmas sales to get the best prices on lights and blowups that you can proudly display next year. Stock up on your favorite lights so you’ll have spares when you need them (and after they’re discontinued).
8. Permanent attachments save time. If you know you’ll always hang lights from eaves, install permanent light clips ($13 for 75 clips) that will save you hanging time each year. You’ll get a couple/three years out of the clips before sun eats the plastic.
9. Find those blueprints. Instead of guessing how many light strings you’ll need, or measuring with a tape, dig up your house blueprints or house location drawings (probably with your closing papers) and use those measurements as a guide.
10. Store them in a ball. It sounds counterintuitive, but the best way to store lights is to ball them up. Wrap five times in one direction, then turn the ball 90 degrees and repeat. Store your light balls in cardboard boxes, rather than in plastic bags: Cardboard absorbs residual moisture and extends the life of your lights.
Read more: http://members.houselogic.com/articles/how-to-string-christmas-lights/preview/#ixzz3tehfriMY
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Thursday, October 22, 2015
Homeowners trump renters in wealth
NEW YORK – Oct. 20, 2015 – Homeowners' net worth is significantly higher than renters. A typical homeowner's net worth is $195,400 compared to a renter's $5,400, according to the Federal Reserve's last data from 2013.
The Fed's next survey of household finances, which is conducted every three years, is due out in 2016 and the renter to homeowner gap is expected to widen further due to price increases.
Lawrence Yun, chief economist for the National Association of Realtors®, predicts that the median net worth of homeowners will jump to $225,000 to $230,000 in 2016, but it will be around $5,000 for renters.
If that proves correct, the typical homeowner will be ahead of a typical renter by a multiple of 45 on a lifetime financial achievement scale.
"Though there will always be discussion about whether to buy or rent, or whether the stock market offers a bigger return than real estate, the reality is that homeowners steadily build wealth," Yun writes in his latest column for Forbes.com.
"The simplest math shouldn't be overlooked. A vast majority of homebuyers take out a 30-year fixed rate mortgage to make a home purchase," Yun says. "After 30 years, there is no mortgage payment (nor rent payment). So the home price growth over that time period would be the equity that the home buyer would have accumulated."
The majority of Americans aspire to be homeowners and the homeownership rate increases significantly through age. The homeownership rate among households under the age of 35 is 35 percent, for example, but by the time people reach their prime-earning years of 45 to 55, nearly three-fourths are homeowners. By retirement, nearly 80 percent are homeowners, Yun notes.
Source: "How Do Home Owners Accumulate Wealth?" Forbes (Oct. 14, 2015)
Wednesday, September 23, 2015
When is the best time of year to buy a home?
RealtyTrac took a big data approach to the question and analyzed 32 million single-family home and condo sales over the past 15 years. They compared average sale prices to average estimated market value at the time of sale to determine whether buyers paid a premium or bought their home at a discount. They then broke down the data by month, weekday and day to see which buyers received the biggest discounts based on listing prices.
Florida discount days
- Cape Coral-Fort Myers: The best day of the year is May 28, when buyers' closing price was an average 22% discount off the original asking price.
- Lakeland: The best day of the year is Jan. 21, when buyers' closing price was an average 16% discount off the original asking price.
- Miami-Fort Lauderdale-Pompano Beach: The best day of the year is Dec. 31, when buyers' closing price was an average 13% discount off the original asking price.
- Orlando-Kissimmee: The best day of the year is Oct. 1, when buyers' closing price was an average 11% discount off the original asking price.
- Palm Bay-Melbourne-Titusville: The best day of the year is Oct. 8, when buyers' closing price was an average 20% discount off the original asking price.
- Sarasota-Bradenton-Venice: The best day of the year is Jan. 2, when buyers' closing price was an average 15% discount off the original asking price.
- Tampa-St. Petersburg-Clearwater: The best day of the year is Oct. 29, when buyers' closing price was an average 12% discount off the original asking price.
"The end of the school year and summer break accelerates our South Florida closings in the spring and summer months," says Mike Pappas, CEO and president of the Keyes Company in South Florida. "Historically, we close 60 percent of our sales in the second and third quarter of each year. Traffic is lower during the holidays and therefore January and February are our lowest closing months."
National overview
October is the best month to close
- Over the last 15 years, October buyers realized an average discount of 2.6% below full estimated market value at the time of sale.
- Following October, the best months to buy were February, July, December and January.
- The worst month of the year to close is April, when buyers over the last 15 years have purchased at an average premium of 1.2% above estimated market value at the time of sale.
Monday is the best weekday to close
- Over the last 15 years, Monday buyers saw an average discount of 2.3% below full estimated market value at the time of sale.
- Friday is the second-best weekday to close on a home purchase, and buyers realized an average discount of 2.0%.
- Thursday is the worst day of the week to buy a home, with a 1.0% average discount, followed by Wednesday (1.4% discount) and Tuesday (1.9% discount).
Oct. 8 is the best day of the year to close
- After removing holidays such as Christmas Day, New Year's Day, Veteran's Day and July 4, the analysis found that buyers who closed on Oct. 8 realized the biggest average discount – 10.8 percent below estimated market value at time of sale.
- After Oct. 8, the best days of the year to close on a purchase of a home were Nov. 26 (10.1% discount), Dec. 31 (9.7%), Oct. 22 (9.6%), and Oct. 15 (9.1%).
- The worst day of the year to close on a purchase of a home was Jan. 19, when buyers paid an average 9.6% premium above estimated market value at time of sale, followed by Feb. 16 (9.5% premium), Apr. 20 (9.5% premium), Apr. 6 (8.4% premium) and Apr. 27 (8.2% premium).
For more details, check RealtyTrac's interactive map posted online.
Wednesday, September 16, 2015
The Tampa Outlet Mall & Local Real Estate!
CLICK HERE FOR FEATURED LISTING!
The Grand Opening of The Tampa Outlet Mall is fast approaching. Potential buyers, current residents and business owners in the area are continuously buzzing about the growth and positive impact the Mall will have on the Wesley Chapel/Land O Lakes area.
The real estate arena is certainly anticipating the launch of the Tampa Outlet Mall. The overall value of the area is expected to increase. So the question is now, where to buy within the area that will still be an affordable option. One of the options is Ashton Oaks in Wesley Chapel.
This community is close enough to all of the festivities, attractions, restaurants, grocery, and much more, without being the heart of it all. Taxes are reasonable, there are no CDDs within the community, and the HOA dues are less than $55 monthly. Click here to check out a list of the current homes for sale within Ashton Oaks in Wesley Chapel.
