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Just Sold! Westchester of Countryside

September 26, 2013

2900 Torrey Pines Ct.
Clearwater, FL 33761
MLS #: U7590339

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JUST SOLD!

3 bedrooms, 2 bath, 2-car garage, pool, with 1,994 square feet, List Price $249,900

Gorgeous upgraded 3/2/2 Countryside block-construction pool home with almost 2,000 square feet! Large yard on low-traffic Cul-de-sac. Granite in kitchen and both bathrooms with solid wood cabinetry in kitchen. Roof new in 2004. Screened enclosure rescreened in 2012. Newer stainless steel appliances. Indoor laundry room with washer and dryer included. Sprinkler system repaired and under warranty July 2013. New soffits April 2013. AC new in 2008. Check out the photos! This is Countryside with quality schools: Curlew Creek Elementary, Safety Harbor Middle and Countryside High! Yard needs work but don’t let that fool you. This is a great home in move-in condition.

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Just Sold! Spring Run in Palm Harbor

September 26, 2013

750 16TH Way
Palm Harbor, FL 34683
MLS #: U7587860
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JUST SOLD!
3 bedrooms, 2 baths, 1,283 square feet, List Price $154,900

This 3/2 split plan home, located on a cul-de-sac, has been well-maintained and is move-in ready! In 2010, a new 30-year roof was installed, along with new gutters. New carpet was installed in the master bedroom, and the interior of the home was painted. In 2011, new energy efficient windows with hurricane protection were installed, and the exterior of the home was painted. Additionally, the bathrooms have been updated and there are six-panel doors throughout the home. The fenced backyard and wooden deck is perfect for entertaining, with ample room for a pool. Short distance to downtown Palm Harbor and the Gulf; this home is not in a flood zone. Currently zoned for A+ rated Palm Harbor Schools: Ozona Elementary, Palm Harbor Middle, and Palm Harbor University. (Buyer’s obligation to verify schools.) This home will not last!

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JUST SOLD! Imperial Cove Condo of Clearwater

September 26, 2013

19029 US Highway 19 N # 4-7
Clearwater, FL 33764
MLS #: U7544447

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JUST SOLD!

1 bedroom, 1 bath, 950 square feet, List Price $44,900

What a great deal! The road construction on US19 has cause the condos here in Imperial Cove to hit rock bottom in pricing. When it is finished these prices will start rising again so bring your buyers now. This unit just shines. It has new white ceramic tile floors, updated kitchen, and the lanai faces the decorative water fountains and lush landscaping that surrounds this unit. A huge walk-in closet in the bedroom and a spacious storage closet right off the living room. The windows in the lanai have been filtered so you can enjoy the light without the heat. The association replaced the roof and painted all in the last 2-3 years. the A/C was replaced in 2000. This community is surrounded by the Bay and has a Cove that juts up to the heated community pool, docks, putting green and shuffleboards. The Clubhouse has 2 fitness rooms, billiard room game rooms, library with a book club, singles club and they have dinner/dances in the huge ballroom and breakfasts on the top floor. You can fish from one of two docks or just sit on the lighted walkway and watch the manatees and dolphins. Come see this gorgeous community!

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Economists keep rosy view for 3% growth in 2014

September 9, 2013

NEW YORK – Sept. 9, 2013 – Business forecasters maintained their rosy view of the U.S. economy in 2014, predicting 3 percent growth by the second quarter of next year, low inflation and improving employment.

The top economists surveyed by the National Association of Business Economics (NABE) between Aug. 8 and Aug. 20 also said there’s an 80 percent likelihood that the pickup in growth will prompt the Federal Reserve to trim its monthly $85 billion purchases of mortgage bonds and Treasury bills next year.

The NABE’s 43 respondents said in a report released Monday that there’s a 45 percent chance the Fed will begin its so-called “tapering” as early as this year.

But economists trimmed their expectations for the second half of 2013 since the last survey, in May.

The economists predicted that real gross domestic product would grow at a 2.3 percent annualized rate in the third quarter through September, down from 2.5 percent seen earlier; and 2.6 percent in the fourth quarter, down from 2.8 percent seen earlier. They were less optimistic about consumer spending, industrial production and private investment in nonresidential structures, equipment and software.

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5-Line Skinks found in a Vacant House

September 2, 2013

While showing houses in Tampa last week I discovered a 5-Lined Skink in a bedroom of a vacant house. I caught him to let him go outside but before I could let him go I caught sight of another one darting under a closet door. So I caught that one too. These are the pics of them right before I set them free outside. Very cool animal.

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Slowdown in home prices? No reason to panic

August 14, 2013

rising-prices-300x225NEW YORK – Aug. 14, 2013 – Though home prices have risen nearly 12 percent from a year ago, a slowdown is expected soon. But many analysts say it’s no cause for concern.

“Prices are still going to rise – just not as at brisk a pace as we’ve seen over the past year,” The Wall Street Journal reports. “This should calm down those pundits who have fretted over a new crop of housing bubbles.”

According to a report by Goldman Sachs economists, home prices will likely moderate because they have returned to “fair value” and are no longer being viewed as “undervalued,” as they were for the past two years. Also, a rise in mortgage rates may cause some buyers to re-evaluate their options.

For the first time this year, buyer traffic dropped below agents’ expectations, and “the next few months will be crucial to determining whether this is just a pause or something more,” the Goldman Sachs report notes.

The report also notes that investors will likely slow their purchases as the number of foreclosures starts to dry up. What’s more, the inventory of homes for sale is starting to loosen as more sellers look to put their homes on the market. Those sellers, in turn, will then be looking to purchase another home, so prices will still likely continue to rise until new-home construction catches up.

“With the improving underlying housing demand driven by household formation and economic recovery, we think housing activity will remain on an upward trajectory, despite occasional ups and downs along the way,” says the Goldman report.

Source: “Why Home-Price Growth Will Slow,” The Wall Street Journal (Aug. 12, 2013)

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JUST SOLD! – SUNSET POINTE TOWNHOMES

July 12, 2013

JUST SOLD!

2521 WHITE SAND LN
CLEARWATER, FL 33763
MLS #: U7579970

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3 bedrooms, 2.5 baths, 1-car garage, 1,629 square feet, List Price $109,000

Foreclosure-“Like New” Town home in Super Convenient location. This 3 bedroom, 2 bathroom features sliding glass doors leading out to a nice patio. This is a corner lot with a pool view. Buyer to pay FL doc stamps. Seller may provide How incentive & may pay some closing costs for Owner Occupants.Financing a HomeSteps Home just got easier! Contact your realtor for more information and to find the most up-to date list of participating lenders. This property is eligible under the Freddie Mac “First Look”. Owner Occupants 04/24/2013 through 05/09/2013. Investor — 05/10/2013

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Country Meadows at Wexford Leas – Palm Harbor, FL

July 11, 2013

JUST SOLD!

712 Glengary Ln.
Palm Harbor, FL 34683

MLS #: U7575312

3 bedrooms, 2 full baths, 2-car carport, 1,357 square feet, List Price $147,900 <<< Bank Approved Price!

Short Sale. Active with Contract. BANK-APPROVED PRICE! As of June 7th we have no backups! Backup contracts WANTED!!! Experienced short sale listing agent. Great Palm Harbor 3/2/2 home in the very desirable Wexford Leas subdivision. Excellent schools – Elementary, Middle AND High. Split bedroom floor plan with vaulted ceilings and a living/dining room combo.

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1533 Nebraska Ave. in Palm Harbor, FL

June 11, 2013

JUST SOLD!

1533 Nebraska Ave.
Palm Harbor, FL 34683

MLS #: T2569219

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3 bedrooms, 2 full baths, 1-car garage, 1,640 square feet, List Price $150,000

Wow! Looking for a 3 bedroom, 2 bath home in Palm Harbor that is in very good condition and priced at 150,000 or less? Well, here it is. Home is in good condition with newer ac unit and roof so FHA is no problem here. Home is in move in condition and features a living and family room, fresh paint inside and out, new carpet, crown molding, and more. Floor plan is perfect for family and entertaining. Nice kitchen with pass thru to family room and deep ss sinks. Bonus room has french doors that lead out to the backyard. Third bedroom is separate and perfect for guests, or Mother in-law’s quarters. On a great lot with nice curb appeal and an awesome backyard. Back area is perfect for bbq’s, animals, or just relaxing in your tranquil backyard that is fully fenced. This one won’t last. Hurry!!

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Higher Home Prices Cool Buying Frenzy

June 6, 2013

Daily Real Estate News | Thursday, June 06, 2013

The recent rise in home prices has more investors concerned that it will be increasingly difficult to turn a profit from their rental investments. Nearly half of U.S. real estate investors say they expect to purchase fewer rental homes in the next year, according to a recent survey conducted by polling firm ORC International.

Just 10 months ago, the percentage of investors who said they intend to buy fewer homes stood at 30 percent—compared to 48 percent today. Only about 20 percent of the investors surveyed say they plan to buy more homes in the next year—a drop from the 39 percent who reported they intend to buy more homes last August.

More than half of the investors surveyed who own rental properties say they plan to hold them for at least five years or more, and 33 percent plan to hold them for 10 years or more.

“Higher prices are reducing returns on investment and investors are responding by cutting back on their purchasing plans until conditions sort out,” says Chris Clothier, a partner in MemphisInvest.com and Premier Property Management Group. “Fewer foreclosures, rising property values, and competition from hedge funds are making it tough to find good ideals on distressed sales. On the other hand, investors are planning to hold onto their rental properties for at least eight to 10 years and realize the benefits of rising rents and low vacancy rates. Cash flow is much more important than appreciation.”

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