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  • Home buyers are backing out of contracts in the Sun Belt, especially in Las Vegas, Phoenix, Tampa and Texas
    Real Estate News

    Home buyers are backing out of contracts in the Sun Belt, especially in Las Vegas, Phoenix, Tampa and Texas

    September 27, 2022 /

    The tide has turned, and buyers are now backing out of bargains in the Solar Belt as costs rise and house charges continue to be unaffordable. The moment pandemic boomtowns, 15.2{d4d1dfc03659490934346f23c59135b993ced5bc8cc26281e129c43fe68630c9} of residences in towns in the Sunshine Belt that went less than agreement in August fell by, or approximately 64,000 residences nationwide saw offers dropped, a new report from genuine-estate brokerage Redfin Corp. RDFN, -5.33{d4d1dfc03659490934346f23c59135b993ced5bc8cc26281e129c43fe68630c9} claimed. A yr in the past, only 12.1{d4d1dfc03659490934346f23c59135b993ced5bc8cc26281e129c43fe68630c9} of residence customers have been backing out of discounts. Typically 12{d4d1dfc03659490934346f23c59135b993ced5bc8cc26281e129c43fe68630c9} of discounts fell by means of prior to the pandemic, Redfin explained. But the very last time this amount spiked — prior to this slide…

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    Jerry Schmidt Comments Off on Home buyers are backing out of contracts in the Sun Belt, especially in Las Vegas, Phoenix, Tampa and Texas

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    Chainlink set to power Latin American real estate platform

    Chainlink set to power Latin American real estate platform

    May 5, 2022
    Commercial real estate continues to get pummeled

    Commercial real estate continues to get pummeled

    March 6, 2023
    Toronto real estate is facing a significant downturn says CMHC

    Toronto real estate is facing a significant downturn says CMHC

    October 3, 2021
  • Why Tampa suddenly has the hottest housing market in the U.S.
    Real Estate News

    Why Tampa suddenly has the hottest housing market in the U.S.

    April 27, 2022 /

    A single of the best housing markets in the Southeastern U.S. has been quietly thriving in the shadow of its brighter, louder, and much more glamorous sister town Miami. Tampa, Florida, was rated 2022’s best housing industry by Zillow (Z, ZG), beating out other Florida cities as properly as other big metros like Phoenix and Austin, Texas. The town outranked other marketplaces owing to its range of prospective buyers, shortage of houses, dwelling revenue, and flourishing position market. Tampa’s property values are also expected to grow at their fastest speed this year. Melanie Atkinson, a realtor for Smith & Associates, pointed out that the weather in the Sunshine Point out…

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    Jerry Schmidt Comments Off on Why Tampa suddenly has the hottest housing market in the U.S.

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    My Apartment Has No Heat. What Can I Do?

    October 31, 2021
    Homeowners lose wealth as rising interest rates weigh on home values

    Homeowners lose wealth as rising interest rates weigh on home values

    September 8, 2022
    Commercial real estate continues to get pummeled

    Commercial real estate continues to get pummeled

    March 6, 2023
  • Colony Reeves From Netflix’s Selling Tampa Shares Her Journey And Tips For Thriving In Luxury Real Estate
    Luxury Real Estate

    Colony Reeves From Netflix’s Selling Tampa Shares Her Journey And Tips For Thriving In Luxury Real Estate

    March 29, 2022 /

    Colony Reeves, luxurious real estate agent from Netflix’s Providing Tampa. Courtesy of Colony Reeves In 2020, the luxurious real estate market skilled a boom that grew in 2021 with purchasers expressing an insatiable demand for luxury residences. This ask for reduced stock nationwide and caused exceptional surges in pricing owing to several factors. With the Covid-19 pandemic shifting customers’ desires and wonderful will increase in cryptocurrency gains and much more, houses were flying off the market place. And when these changes ended up happening, big real estate demonstrates have been expanding and getting traction as watchers appeared on envisioning their long run house prospective clients and/or possibilities to develop into…

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    Jerry Schmidt Comments Off on Colony Reeves From Netflix’s Selling Tampa Shares Her Journey And Tips For Thriving In Luxury Real Estate

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    Vancouver real estate: Luxury sales way up in 2021

    January 24, 2022
    Waterfront Home In Naples, Florida Sells For A Record $62 Million

    Waterfront Home In Naples, Florida Sells For A Record $62 Million

    July 5, 2022

    New York’s luxury market sees record volume: UrbanDigs

    December 28, 2021
  • Tampa condo the latest to sell as NFT as crypto real estate interest grows
    Real Estate News

    Tampa condo the latest to sell as NFT as crypto real estate interest grows

    March 24, 2022 /

    Last month, real estate agent Taylor Parrino represented the buyer of a home in Gulfport that was listed as an a non-fungible token in a historic sale. Now, she’s preparing for another auction — a condominium in Tampa. Parrino has been helping prepare a small condo in Hyde Park ahead of the April 7 auction. Bids will start at $185,000 for the 600-square-foot, one-bedroom Tampa condo, according to Propy, a real estate transaction platform that advocates for the use of blockchains. Parrino, too, sees a future where traditional mortgages and closings will be a thing of the past. She will be one of the first real estate agents in the…

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    Jerry Schmidt Comments Off on Tampa condo the latest to sell as NFT as crypto real estate interest grows

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    Real Estate Agents Baffled By Confusing Facebook Property Listing Policy

    Real Estate Agents Baffled By Confusing Facebook Property Listing Policy

    January 5, 2023
    Goldman Sachs expects more China real estate defaults, switches to bear case

    Goldman Sachs expects more China real estate defaults, switches to bear case

    May 24, 2022
    Home listings suddenly spike as sellers worry they’ll miss out on red hot market

    Home listings suddenly spike as sellers worry they’ll miss out on red hot market

    May 27, 2022
  • Luxury Real Estate

    Harbour Island Penthouse Sale Reflects a Trending Luxury Real Estate Market in Tampa Bay

    February 4, 2022 /

    Traci Burns, the Smith & Associates Actual Estate Real estate agent who shown and offered the dwelling, noted that “we are seeing a shift and raise in entry price tag level for what is considered luxury genuine estate in Tampa Bay. Intended with impeccable flavor by Restoration Hardware New York/Tampa, this property exemplifies how the luxurious true estate market place has evolved based on customer tastes and demand from customers, not only for citizens inside Tampa Bay but people who are coming from out of our location and state.” The residence had been entirely renovated and absolutely redesigned by Restoration Hardware, with above $500,000.00 invested in the inside style with…

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    Jerry Schmidt Comments Off on Harbour Island Penthouse Sale Reflects a Trending Luxury Real Estate Market in Tampa Bay

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    Luxury homes in Portugal worth $4.7 million paid for in Cardano (ADA)

    October 30, 2021
    How Grammy-Nominated Artist JoiStaRR Scaled Her Brand With Luxury Real Estate

    How Grammy-Nominated Artist JoiStaRR Scaled Her Brand With Luxury Real Estate

    August 10, 2022

    The highest-priced homes sold in Greater Columbus

    February 13, 2022
  • Investment Property

    JLL Income Property Trust Acquires Newly Constructed North Tampa Surgery Center

    December 15, 2021 /

    CHICAGO, Dec. 14, 2021 /PRNewswire/ — JLL Income Property Trust, an institutionally managed daily NAV REIT (NASDAQ: ZIPTAX; ZIPTMX; ZIPIAX; ZIPIMX) with more than $5.5 billion in portfolio assets, today announced the acquisition of North Tampa Surgery Center, a 13,000-square-foot, newly constructed medical office building in Odessa, Florida. The property is 100 percent leased on a long-term basis to Comprehensive Outpatient Joint and Spine Institute Center. The purchase price was approximately $8.5 million. “Within the office sector, our priority investments are healthcare-oriented, focusing on medical office and life science properties,” said Allan Swaringen, President and CEO of JLL Income Property Trust. “In an uncertain environment for traditional multi-tenant office properties, these…

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    Jerry Schmidt Comments Off on JLL Income Property Trust Acquires Newly Constructed North Tampa Surgery Center

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    Estate agents accused of ‘slap in the face’ to renters with ads for investment properties that are not subject to rent cap limits

    October 2, 2021
    Want to Unload That Investment Property? What Advisors Recommend.

    Want to Unload That Investment Property? What Advisors Recommend.

    April 5, 2022
    How Delaware Statutory Trusts Can Be A Solution For Investors In The Current Market

    How Delaware Statutory Trusts Can Be A Solution For Investors In The Current Market

    June 10, 2022

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