SI Real Estate Tampa and The Beaches

  Hundreds of Northerners are Moving to Florida Each Day When Florida comes to mind, many used to think of a vacation spot or a place to eventually retire. This has all changed over time, but especially in 2020. Florida has become one of the hottest places to relocate due to the Coronavirus. According to the Daily Mail, around 950 people move to the Sunshine State each day. According to a Douglas Elliman August report, new contracts for single-family homes and condominiums continued to rise in Pinellas and Hillsborough County — after having doubled in July.   The Coronavirus lockdown resulted in many people reflecting on their lifestyles, especially for people that received work from home orders. Those living in major cities began to realize that working and living in a tiny one-bedroom apartment was just not ideal. Close living quarters in apartment buildings also began to make residents feel uneasy with social distancing becoming the new normal. The desire for outdoor sp...

Almost everyone over the age of 20 has said the phrase “that’s it, I’m moving to Florida” at some point during their life. Usually it is said out of frustration with the weather, or another popular reason being high taxes elsewhere. In the 90’s and early 2000’s, Florida was an incredibly popular destination to move to. The younger crowds flocked to Miami or Tampa, the wealthy to Miami and Fort Lauderdale, and then the retirees to Naples or Fort Myers.   Since 2007 though we have been lagging behind…. Until recently. Sean Snaith, director of the Institute for Economic Competitiveness at the University of Central Florida, says Florida's economy is now solidly passing the Nation’s. Not only are we recovering fully, but we are about to start leading the pack again. Tourism is back to full throttle. Booking hotel rooms or going out to dinner is becoming a serious issue again with all of the traffic. People are spending money again and are confident the economy has stabi...

In a real estate market where everyone is holding their breath and waiting for updates on where the market is going, it is important to remember the basics. The reasons you should buy a property or reasons to sell a home. Below is list of the most common reasons to sell your home. Ability to make Profit Real Estate is a large investment, for most families the largest they have. When there is an abundance of equity in a property, or if they owners feel they can benefit from taking advantage of the buyers' market, it is a good time to sell. The real estate market is changing every day, right now we are in a buyer’s market but that may be changing. Take advantage of the rush of buyers while they are available. Relocation Relocation may be a necessary next step in your life, maybe to follow a job, or maybe to choose a new location. Whatever the reason for relocation, homeowners have a big decision to make. Owners can turn into landlords or sellers. Most individuals feel more pe...

The Real estate market is still changing. Homes are selling every day however, buyers have changed their expectations. Keeping you informed on what to expect when buying or selling a property in today’s market. 1. Buyers are opting for smaller homes Constraints on housing market really have made buyers reevaluate what is necessary in their next home purchase. A study conducted by the National Association of Home Builders (NAHB) reveals that homes are expected to be ten percent smaller in the next couple of years. “To save on square footage, the living room is high on the endangered list-52 percent of builders expect it to merge with other spaces in the home by 2015 and 30 percent said it would vanish entirely.” 2. Heavy influence on purchase decisions can be swayed in favor of green and eco friendly properties The NAHB reports that not only floor plans are changing. “68 percent of builders are including green and eco-friendly features by 2015. This includes low-E windows, en...

Florida consistently earns top rankings from lifestyle, business, education, retirement and travel publications. Constant economic growth, pristine landscape, and the consistently temperate climate are just a few factors that make the state an ideal location to retire, start a family, build a career, attend university, or advance in a profession. Florida is ideal for anyone’s relocation needs. • “Top State Business Climate.” Florida’s business climate ranked 4th among executives and 6th overall on Site Selection magazine’s 2008 Top State Business Climate rankings. Read more . • “Best Tax Climate for Business.” Florida continues to rank among the top five states for best tax climate for business, according to a Tax Foundation survey. With no state income tax, low corporate taxes, a low unemployment insurance tax rate, and sales tax exemptions for certain business transactions, Florida has remained among the top five U.S. states since the survey’s inception. Read more . • “#1 in Online ...