Lenny G's Tampa Real Estate Blog

 As we approach the end of the 2006 and with the holiday season upon us, the supply and demand of residential real estate in Tampa remains flat. The number of active listings as well as the number of pending listings has not changed much since mid-October when these numbers began to flatten out....

Beautiful new home in south Tampa’s Beach Park neighborhood features attention to detail and first class finishing throughout. Situated on a corner lot in one of Tampa’s older and most centrally located neighborhoods, this contemporary home features concrete construction on lower and upper floors...

December 14th, 2006 The Hyde Park neighborhood of Tampa was originally developed in the early part of the 20th century and is situated near the mouth of the Hillsborough River and in the shadows of downtown Tampa. The predominant architecture is of an American Craftsman style and many of the home...

In our current buyers’ market we know that price reductions are common and most buyers don’t expect to offer or purchase a home at the full list price. Very few homes are selling at 100% of list price. Buyers sense no competing bids and are thus inclined to come in with a very low opening offer....

Now that just about every real estate broker and agent has a website, there are many “virtual” listings out there that are no longer on the market but have not been removed or updated as sold, leased, withdrawn, expired, etc. Many of these listings I imagine are left out there as lead-generators...

The University of Florida’s Center For Real Estate Studies’ 4th quarter survey of the real estate market is now available online. This survey had 183 respondents (brokers, appraisers, lenders, developers) and the summary is one of ongoing pessimism for Florida residential properties. One notable...

The Sellsius Real Estate Blog recently featured a video of an interview with the CEO of a home listing web site in the Netherlands. The CEO of Funda.nl, Marque Joosten, states that classified newspaper ads for real estate are, for all practical purposes, dead in the Netherlands. These things we ...

One of the most important revelations of a home inspection I attended yesterday was that the home, built in the 1940's, still has some live knob and tube wiring. Why was this important? Well, my client will be unable to obtain basic homeowners insurance on this home as long as this old wiring is ...

I recently had a prospective client ask me to list his home for sale. During our initial conversation he noted that his mother had recently passed away in the home and that she was discovered by a visiting relative. Sellers are required to disclose anything that will materially affect the value ...

For the third quarter of 2006, sales of existing single family homes were down by 34% as compared to Q3 of 2005. Furthermore, the median price statewide remained about the same as it was for the third quarter of 2005. However, the median price of a Florida condo did decline by 3% with sales down...