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Featured Property of the Week - 1694 Palace Dr. Clearwater, FL

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This spacious three bedroom three bathroom single family home is located in the desirable neighborhood of Woodridge Estates in Clearwater, Florida. Situated on a large corner lot, the single story home features beautiful details and upgrades throughout including new custom oak cabinetry in the kitchen, ceramic tile and new bamboo flooring, and French doors that open to a separate den. The foyer opens to the large living room and formal dining room. The spacious kitchen has been upgraded with all new appliances, sparing no detail whatsoever. Accessible from the kitchen is an additional large dining room with built-in computer niche and back yard access. New home owners will love this fresh and updated house. A hall leads to a full the beautiful master suite with large closet and attached bathroom. The two guest bedrooms are also furnished with large closets and bamboo flooring throughout. A fully functioning laundry room is located off of the two car garage and features full-sized wash...

Real Estate Inventory is Moving Quickly in Tampa, Buyers Now Facing a Competitive Housing Market

The housing inventory is moving quickly in the Tampa Bay area, a definite change from previous months. Buyers who are looking for rock bottom prices are finding their search to be more difficult than originally expected. Multiple offers, fewer days on the market, and a rise in home sale prices are all evidence of this new market shift in the Tampa Bay area real estate market. For example, three months ago the Mid-Florida Regional Multiple Listing Service reported over 600 bank-owned properties in Tampa Bay. This number has now been reduced to fewer than 370, as the inventory continues to be quickly absorbed. In 2008 we were looking at a vastly different real estate inventory with a much higher number of bank-owned and short sale homes in Tampa, giving buyers a wide selection to choose from. In our current condition, buyers who are looking for a “best buy” need to be ready to act fast. With multiple offers being placed on low-priced real estate, sellers are now receiving offers at even ...