SI Real Estate Tampa and The Beaches

  A Look into Tampa's Growing Neighborhoods in 2020   In the past few years, we have watched the once sleepy bay area transform into a vibrant city with pockets of lively neighborhoods. A variety of creative restaurants and rooftop bars emerged as well as chic residential dwellings.   A billion-dollar investment from Bill Gates attracted technology and consulting companies like ConnectWise and PriceWaterhouseCoopers. Multiple new Amazon facilities and the possibility of becoming the headquarters for Space Force is also sparking interest in the Tampa Bay Area. Many neighborhoods have been brought to life such as Channelside, Hyde Park, and the southernmost point at Tampa’s Marina Pointe Westshore! The sprawling city is still experiencing massive growth in areas outside of the downtown areas.   Earlier this year, BTI Partners and Jane Castor broke ground at Marina Pointe Westshore in South Tampa. Luxury condominiums are in the works along with boat slips an...

Tampa Bay investors are finding out how hot the area is lately, ranking #6 among the top 50 cities for Real Estate investing. Everyone likes generating wealth, especially if the return (ROI) is on a real estate investment. It is extremely satisfying when you put your money to work for you. Real Estate investors look all over the place searching for the best property to invest their money in. Their money has been working extra hard here in Tampa. Over the past 12 months, Tampa’s investors have averaged 16.7 percent gross return on their investment. That is incredibly high, a very attractive rate of return and savvy financial or real estate professionals know it!  Good numbers equal good returns.   The housing market has been on a steady and stable uptick all year. This has led to the increased activity in the real estate market that we are now seeing.  As more people learn and hear about the stabilization here in Florida, they want in on the action. Not so fast, ...

Earlier this year the president reduced private mortgage insurance rates. FHA loans were more attainable for first time home buyers. Home owners that wanted to refinance and reduce their monthly payments could also participate in the reduction. Now Freddie Mac is about to roll out a new appealing option for home buyers: 3% down payment mortgages coming in March! Contributing to continued Real Estate recovery and stability, the guidelines of qualifying for this type of loan will not be as loose as the guidelines from the adjustable rate mortgage disaster in 2007-2008. Donald Layton, CEO of Freddie Mac, assured everyone that the 97% loan-to-value option will be limited to borrowers who can prove a “very good income”. Basically comforting the skeptics that this option will not be available for the average loan applicant. He also reinforced that “underwriting standards are stronger than ever”. Obviously they have learned from their past mistake of handing out mortgage loans to anyo...

Early 2015 quarterly reports reflect heavy increase in real estate activity, especially new homes. D.R. Horton is a nationally recognized home builder and has developments throughout the United States. They have been the largest home builder in the U.S. 13 years in a row. On Wednesday, D.R. Horton reported a dramatic increase in new home sales highlighted by “sales orders increased 40% in value to $2.1 billion” from the first quarter of 2014 to the first quarter of 2015. These numbers are significant considering that first quarter home sales are usually lack luster. What does this tell us? With the rising consumer confidence reports, buyers are investing in real estate and new homes sales are spiking. D.R. Horton has increased their land acquisitions and developed more communities recently to keep up with demand. Donald Horton, Chairman of the Board said ”our weekly sales pace has accelerated in January 2015, and we are well-positioned to capture demand in the spring sellin...

"Latest Home Sale Data reflects strong demand for affordable homes as 2015 kicks off” Back in 2008/2009 after the Real Estate market crashed, economic and Real Estate experts were repeatedly forecasting a 6-7 year recovery period. They all highlighted 2015 as the year we would see resurrection in the housing market. Well that prediction seems to be coming to fruition now! We are seeing many positive reports and trends from late 2014 to early 2015. We are starting to see the rebound all around Florida, but extra activity in Tampa Bay. The excitement/enthusiasm is building here and our team here at SI Real Estate is noticing. Normally home sales in January are expected to be lower than in July or August. However, this month the Home Sale Data is showing that buyers are confident again. Tampa Bay has surged in January with 4,700 homes sold so far. That is 23.5% better than December ’14 and 22.8% better than January of ’14. Buyers are aggressively purchasing, and homes a...

BAYFAIR HOMES Homes of Enduring Significance The Grand Tradition of Homebuilding Bayfair has been a presence in the Tampa Bay home market since 1989, acclaimed as a premier builder in the region and valued by a loyal clientele. Through the company’s extraordinary growth since its inception as a custom builder, the foundation of quality craftsmanship and uncompromising customer service has remained at the core of the Bayfair experience. Led by J. Michael Morris and David Seidenberg, Bayfair began exclusively in South Tampa neighborhoods, where the company’s distinctive designs from classic to contemporary are still clearly recognizable. Today, as they’ve expanded to include custom homes throughout Tampa Bay’s premier neighborhoods, an experienced team of professionals preserves the Bayfair tradition of attaining the highest standards in homebuilding, and a dedication to make the building process as memorable and pleasurable as the distinctive home itself. ______________________...

Recently listed by SI Real Estate Investments , this beautifully remodeled 4BR/2BA St. Petersburg home with attached garage will not last long. The single family home is situated on a large corner lot and has been fully renovated to include spectacular upgrades such as hard wood floors throughout, fresh interior paint, designer lighting and ceiling fans, and newly installed roof. The upgrades in the kitchen of this St. Petersburg home are spectacular. With brand new 42” cabinets, new countertops, new ceramic tile flooring, and high-end stainless steel appliances, this spacious gourmet kitchen is a dream. Attention was paid to every detail in order to make this home shine. Additional home features include formal living room, family room, open floor plan, ample closets throughout, master suite with walk-in closet and attached private mater bathroom, covered patio, fenced backyard and mature landscaping. There is also an area in the back of the home with additional parking room for a boat...

Affordable real estate prices and adequate market availability have made owning at Cordoba Beach Park, one of the most desired luxury townhome communities in South Tampa, a reality for many. Hard wood and ceramic tile flooring pair with vaulted ceilings, dramatic interior views, fully equipped kitchens with granite countertops, cherry cabinets and black appliances, abundant storage space, walk-in closets, garden bathtubs, private garages, and three story spacious floor plans are just some on the features that accompany the townhomes of Cordoba. Mediterranean inspired architecture partnered with fountains and lushly landscaped courtyards brings charm to this upscale community. Residents enjoy access to a community fitness center, a 24-hour business center, clubhouse, sundeck and resort-style pool and spa. Cordoba Beach Park is located in South Tampa at the heart of the Westshore business district. Westshore is the economic and business epicenter of Tampa Bay, boasting over 11 million sq...

Something astonishing happened last month. Existing home sales unexpectedly rose 5.1% which is the largest jump in real estate sales in nearly six years. First-time home buyers are taking advantage of the abundance of foreclosures and distressed properties throughout the country and getting great deals! Tax credit, low interest rates and listing prices are motivating people everywhere. For example: Buyers who can only afford homes under $100,000 are amazed to be finding properties they can purchase for this amount or less in neighborhoods that were previously thought to be out of their reach. SI Real Estate Investments just sold a 3 Bedroom, 2 Bath townhome for under $90K and the home was in excellent condition. Bank owned properties are for sale and amazing prices, in every area of Tampa, FL. As the Tampa Bay real estate market and economy is struggling like other major cities to emerge from the biggest real estate downturn since the Great Depression, buyers are the ones benefiting fr...

Existing homes, condo sales improve in Tampa Bay (edit/delete) With the abundance of interesting press regarding the housing slump, there has been a significant increase in optimism and market conditions in the Tampa Bay real estate arena. SI Real Estate calls it our "Shimmer of Hope" for the Tampa Real Estate Market. The experts have been chiming in and we are listening. From the nationally respected Jim Cramer and Dave Ramsey, to all of our local real estate market experts here in Tampa Bay, the news is refreshing and could not have come at a better time. Jim Cramer states that the "The Florida market is the template for all of the recovering real estate markets, being a year ahead of the rest." He further says that Florida is in this position because Florida builders stopped construction 2 years ago, which allowed for an earlier bottom. The inventory has NOW begun to go pending and sold. Let's face it folks, we are headed for brighter days. In partic...

Friday, May 16, 2008 Real Estate news today: things are starting to head up and lookup for the Tampa Bay, Florida real estate market!!!! In an article titled Hot Market: Seeing the Smoke before the Fire on Realty Times , the smoke is starting to rise as the flame begins to ignite. With the peak of the housing slump upon us, inventory is steadily decreasing and home sales are beginning to increase, especially in Tampa's real estate market. In a variety of other metropolitan areas, such as Fort Myers, Miami, and Fort Lauderdale, the numbers of sales have jumped while the absorption rate has dropped to at least half of what it has been in previous months. When you consider all of the shuffling and the inconstant movement that the Florida real estate market has been traveling in the past two years, everyone is ready for the smoke to blow out and the fire to blaze again. Don't wait for a whistle to blow to realize that now is the time to buy or to make an investment in real estate. ...

Buying a home for the first time can often be an intimidating ordeal. Below is an excerpt from an article from Realty Times regarding the Dos and Don’ts of first time home buying. I strongly agree with two of the Dos: getting pre-approved for a loan & finding a dream team of professionals. Getting pre-approved will allow your interest to be taken more seriously and you will get much better response from all parties involved. It will also help give you a better idea of what price-ranges you should be looking at. Working with a quality real estate professional will also make your first home purchase much smoother. It is important to have somebody representing your interests in the transaction to ensure that you are getting the best deal possible. SI Real Estate has done an excellent job of representing first time buyers in the Tampa Bay area. We know the market inside and out which allows us to make sure that our clients are getting the right property at the right price. I urge you t...

This past winter proved once again that Florida is still a hot spot for those seeking relief from the cold. Here as SI Real Estate, inquiries were coming in left and right for furnished and seasonal vacation rentals in Tampa and St. Petersburg. Rentals in places like Coquina Key in St. Petersburg, The Moorings in Tarpon Springs, as many others were in high demand and were snatched up early in the snow bird season. All season long we were receiving phone calls from individuals from the Northern US, Canada, Europe, and even Russia. With so many attractions in the Tampa Bay area it is no wonder that so many people want to vacation in Florida. Tampa and St. Petersburg are renowned for their world class beaches, fishing, golf, boating, and dining. And with the Port of Tampa so close, vacationers can easily plan on fitting a relaxing cruise into their schedule. Tampa's central location also puts all the activities of Orlando right at your fingertips. With legendary theme parks such as ...

Greetings! Well it finally happened! The US dollar has finally slipped to a record low against the euro ($1.54/1€), breaking the $1.50 barrier that seems to have an emotional, as well as an economic, impact on the US. The US dollar is doing even worse against the British pound, which is up to about $2.00/1₤. The surge in foreign investment in the US real estate market shows how this currency change has not gone unnoticed abroad. Foreign investment in real estate has been flowing in from all over the globe, including a great deal from Candan, Europe, and Russia & South America. Foreign investors are seeing their buying power increase in the US and have started to capitalize. And when it comes to purchasing real estate in the US there is no place like Florida. The Sunshine State has attracted overseas real estate buyers who are looking for both investment properties, as well as buyers who want to purchase vacation homes for their own enjoyment, taking advantage of reduced prices and...

Where will real estate bounce back fastest? Prices have hit bottom in some cities and are heading back up, but recovery rates vary. Here are the places with the best prospects. By Matt Woolsey, Forbes.com When it comes to real estate, the questions on everyone's lips are: How low is low, and when's the perfect time to buy back in? That moment has passed in Seattle and in Charlotte, N.C. Both metro areas hit bottom in the first quarter of 2006 and have since posted price gains of 12.3% and 6.3%, respectively, according to National Association of Realtors (NAR) data. Ripe for investment? Philadelphia and New Orleans. Based on housing inventory and local economic conditions, both should hit price troughs by year's end and bounce back with moderate gains of around 4% in 2008. In markets expected to recover more slowly, such as Boston and Denver, low buyer confidence coupled with a surplus of housing stock has lengthened the slump. NAR chief economist Lawrence Yun points out tha...

Walk in and feel at home in this Stunning South Tampa Dream Home! Mediterranean style architecture, details & upgrades throughout. Cherry hardwood floors, granite counter tops, open kitchen design and extremely large living room ~ great for entertaining! Large master suite features walk in closet, bonus room / den, huge patio overlooking pool. Spacious master bath with lovely his and hers sinks, garden tub and water closet. This home will leave you in awe, a must see! For additional details click here .

Downtown Tampa consists of 220 blocks with $813,000,000 of development currently under construction and $2,200,000,000 proposed development. ( Tampa Downtown Partnership) Average residential unit sale price: $405.00 per square foot. ( Tampa Downtown Partnership) The St. Pete Times Forum in Downtown Tampa is the number one venue in North America for ticket sales, hosting an array of concerts, events, and family shows. (Pollstar Magazine) The Center for Performing Arts is the fifth in the world for ticket sales and second in the world for ticket revenue. ( Center for Performing Arts) More about ChannelSide

It is, however, Downtown residences with unexpected amenities. Homes within a few blocks of Downtown Tampa that you own, not rent. It is an urban neighborhood concept contained in one city block with incredible views of Downtown and the emerging Channel District. It is exciting! It is different! It is nowhere near the suburbs... Grand Central at Kennedy is a new place for you to live offering you a new way to live.

Ninth in the nation as one of “ America ’s Hottest Cities” ( Expansion Management Magazine,) Physical environment that cannot be topped: miles of blue water ways and sugar white shorelines, brilliant sunlit skies and a perfect average annual temperature of 72 degrees Ranked # 12 of the 20 Best Places to Live and Work in America , based on lifestyle, cost of living, industries, unemployment rate, health care system, education, recreation and the arts.( Employment Review and BestJobsUSA.com) Tampa is located on Florida ’s West Coast. Tampa/Hillsborough County is one of the fastest growing areas of the US .

Premium Real Estate in South Tampa. European elegance ! Live at Cordoba in the heart of Tampa. Airport is only 5 minutes, International Mall - 5 minutes. Downtown 5 minutes. St. Pete Beach - 13 miles. Hyde Park and SOHO - Less than 5 minutes. Westshore mall is walking, jogging or biking distance. Prime South Tampa Real Estate for rent.... A posh condo community. Cordoba Beach Park Condos Rentals available ! Live in South Tampa..