Tag Archive for: florida real estate trends

Highland Lakes 55+ Golf Community Villa!

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(Your First Mortgage)On a quiet cul-de-sac street sits this charming, semi-attached villa situated on a conservation lot. A huge, 510 SF lanai spans the width of the 2-bedroom, 2 bath home overlooking exquisite scenery where families of deer roam. This stunning three season space is screened and outfitted with windows plus a set of sliders from the master suite, a set of sliders from the living room, and French doors from the family room. Easy care laminate flooring runs throughout most of the home. The master suite with newer bath faces the lanai to make for a serene retreat while the sunny second bedroom with ensuite bath and a large picture window is the ideal guest room/home office combo. The A/C is brand new. Highland Lakes is a premier subdivision that sprawls over almost 700 acres featuring multiple resort-style amenities. Unlimited free play on any one of the three private executive golf courses is a resident benefit. The spacious clubhouse is home to an abundance of game and meeting rooms for the variety of social clubs. Its Olympic-sized swimming pool with spa and covered pavilion serves as a wonderful neighborhood hub. In other amenities, The Lodge on Lake Tarpon is open to residents to host parties. It boasts a fireplace and a pool as well as a full kitchen and a patio with grills. A mini fleet of pontoon boats is available for residents to be taken for a ride across the lake or to dine at a local lakefront restaurant. Impeccably maintained, this is a vibrant community in Pinellas County’s beautiful Palm Harbor.

11 +/- Acres Estate Home!

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(Your First Mortgage)
This sprawling 4 bedroom/4 full bath ranch sits at the end of a gracefully curved driveway dotted with shade trees. A wraparound and covered porch is elegantly accented with a stacked fieldstone balustrade. The property is approx 11 acres allowing for horses. The land CAN be subdivided; future land use is RES-6. Contact Pasco County Zoning for details. Inside, striking rosewood floors shine on the main floor. The spacious kitchen boasts 2 refrigerators, flush-mount appliances and a breakfast nook with built-in bench; double doors lead to the pool and spa. Vaulted ceilings, recessed lighting and a marble-faced fireplace welcomes visitors to the living room. The first floor master suite is richly appointed with high-end finishes, custom shower room, tons of closet space, & access to the lanai. The 2nd bedroom currently being used as office on the 1st floor can accommodate file storage, workspace configurations and room for conference furniture. A herringbone pattern floor tile and a full bath highlight the family room/media room complete with projector & retractable, ceiling-mounted movie screen. Upstairs are two bedrooms, a full bath, and a bonus room which can be converted to a 5th bedroom. Main house has extended garage with front/back doors. On the grounds, a separate building features a workshop with bath and extra garage area, a barn and modular out building. Two(2) instant hot water heaters, two(2) 500-gallon propane tanks, two(2) septic systems, & a 35 KW generator complete this corner of paradise.

Simply Stunning Seminole Home!

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(Your First Mortgage)

Clean lines and loads of living space put this updated home in a class by itself. Newer hurricane windows, attic insulation, and a replaced roof enhance protection from the famous Florida sun. Sleek, seamless gutters added in 2016 slick rain away from this home that boasts a fenced back yard and a two car garage. Behind raised-panel double entrance doors, more updates await including the water heater in 2013, laminate flooring in the second and third bedrooms in 2015, and some newer kitchen appliances. A split bedroom floor plan, the ideal layout to accommodate family and guests, includes 3 Bedrooms and 2 immaculate, well-appointed full baths. Besides the extra square footage provided by the formal living room highlighted by a stunning picture window, and the formal dining room’s sliders to the huge screened lanai; the large kitchen is especially welcoming and sunny featuring tons of counter space, a breakfast nook area, and breakfast bar for casual dining. Beautifully maintained, this heart of the household enjoys a gentle breeze from its ceiling fan and illumination from artfully-placed lighting fixtures. The adjacent family room adds to the warm feeling that lends itself to relaxing Sundays or a house bursting with loved ones on holidays. A set of classic French doors lead to the office which can serve as your work from home destination or even a playroom for the little ones. An oversized laundry room allows storage of supplies and a door that conceals it all.  This is a home for a family to live.

Trinity – Fox Hollow Golf Course Home!

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(Your First Mortgage)
With its sun-dappled yard and impeccable landscaping, this 4 bedroom plus office/den home features 3.5 stunning baths and a 3-car oversized garage. Nestled on an oversized corner lot on the 6th tee of the acclaimed Fox Hollow Golf Course, this Trinity residence enjoys its privacy in the gated community of Spyglass of Fox Hollow. Outside, exquisite pavers lead to a graceful portico with double entrance doors, while the same style pavers accent the screened lanai that boasts a solar-heated pool with Diamond Brite finish, a shaded dining area and the quintessential wet bar already pre-plumbed for grill and sink. Paradise. Inside, gleaming 20 x 20 tile runs through as lush carpeting cushions the bedroom floors and classic plantation shutters adorn the windows. The formal living room is spectacular. Decorative niches & crown molding highlight the room’s beautifully outfitted fireplace and triple sliders reveal sweeping views of the outdoors. A spacious Formal Dining Room offsets the casual dining space provided by the gourmet kitchen’s charming breakfast nook. Both the kitchen and the family room combine to deliver the “wow” factor and access to the pool. The kitchen is expansive with its center island, lustrous granite counters, raised panel hardwood cabinets, stainless steel appliances, pantry, and built-in wine fridge. It is separated from the ideal family room by a breakfast bar. A split bedroom floor plan, security system, & upgraded ceiling fans/light fixtures throughout complete this very pretty picture.

Florida Real Estate Trends in January 2014

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florida real estate for saleIf you’re in the market for good news, this month’s trend report for the West Central Florida region offers exactly that! Three key indicators have revealed movement in a very positive direction.

One aspect (always of particular interest) is the actual supply – how many homes are available for sale.

Each of the three counties (Pinellas, Pasco, and Hillsborough) are showing increases. When January of 2013 is compared to January of 2014, the increase is actually almost a full month for each county.

While you may think too much inventory is not a good thing, in this case it is a vote for consumer confidence. These numbers tell us that many homeowners who were once in a negative equity position have since escaped that position. The stabilization in their home’s equity has resulted in their decision to enter the market as an active listing.

Besides inventory increases, sales have increased in both Pinellas and Hillsborough Counties:

In Pinellas County: 5,448 Single Family Home sales closed in the past six months; an increase over the 5,323 closed last year.

In Hillsborough County: 7,611 Single Family Home sales closed in the past six months; an increase from the same period last year by 430 homes.

We can also report that Short Sales and REOs remain a key component of our market. A Short Sale is a type of real estate transaction in which a homeowner who is experiencing a hardship and in danger of losing their home enters into an agreement with their lender to accept less than what is owed on the house.

An REO (Real estate owned) is a class of property owned by a lender—typically a bank or government agency as a result of an unsuccessful sale at a foreclosure auction. We are seeing an increase of REOs in the market as compared with this time last year, and a reduction in Short Sales.

These facts reveal a good deal of consistent optimism in a market sometimes characterized by divergent trends. If you have any questions about your county, or even the specifics of values, etc. in your neighborhood, feel free to contact me for a complimentary analysis.