Economic Out look for 2018: Erosion of Housing affordability Video

2018 Prediction: Erosion of Housing Affordability
Describes my experience in the last 6 months

Interest Rates forecast it will rise as much as a percent.
Home price rising 6% but lower price rising is 15% up,
This is a killer for those Millennials looking to buy their first home.

The last few years in South Pinellas County behind the Beaches and Downtown St Petersburg have been a great time to buy low CASH in UP and COMING areas and make a killing.
Retirees, single ladies, Millennial's are looking to buy, they also want to buy "updated".

Cash investors have been naturally taking advantage of these up and coming areas and renourishing
communities by buying low, rehabbing then flipping homes that should not normally appraise but with enough cash down to make it not matter. Lack of inventory and Demand rule right?

I have seen this in the summer and fall normally off season and a good time for any buyers, especially young people looking to get their foot into the American Dream. The affordable reasonably updated, small home, housing market in Pinellas Florida is booming, causing multiple offers to come in on the best home in the worst, but ok neighborhoods.

This demand pushes the once affordable home locations to shrink and so do the opportunities for first home buyers with their hope of 3% down FHA loans finding themselves just
out of a the market.

Listen to Core Logic Dec 2017, eloquently sum up this trend Erosion of Housing affordability 

Diana Sames
727 776 0122
REALTOR
REMAX Preferred
http://www.welcometothebeaches.com/

Tampa Bay Luxury Home Market June 2017 is it UP or Down

     Tampa Bay Luxury Residential Home Market, 

Is it UP or is it Down? 

Let's look at a few Locations.

      TAMPA FLORIDA

                        Firstly, let's look at Tampa Bay Business Journal Article linked below. 

                      Read this article Tampa Luxury Home Market June 2017 Up or Down

                                                      ST PETE BEACH FLORIDA

1403 Pass-A-Grille Way Recently Sold at $2,537,500

This stunning restoration of its 1925 original Mediterranean Architecture.

 Listed 6 months earlier $1,600,000 higher, as at that time it marketed as 1 Pass-A-Grille Compound so to speak but with 2 homes. The Sellers were happy to separate and return it back into 2 homes, keep their original cottage for occasional visits. Hence the $1,600,000 price reduction is put into perspective.  It is hard to leave this unique historical St Pete Beach Island location.

For more Stats about the home click here 

2707 Pass-A-Grille Way was listed at $5,595,000 SOLD for $5,395,000. Built in 1952 and was the former estate of Anheuser-Bush on over half an acre or a full block on the water in Pass-A-Grille with 9 bedroom and 9 bathrooms over 6000 sq ft. It was ON and OFF the market for 5 or 6 years, over 2000 days. However this time, the Market was READY for it, despite St Pete Beach' 2 long years road reconstruction that left the Estate at its worst, dusty, curbless and with yes, literally "no curb" appeal. Yes,  the timing was right as it recently JUNE 2017 the Estate Sold.

For more Stats on the Busch Estate click here

                
         

The Cove at Loggerhead Marina NEW Construction Behind St Pete Beach FL Come for a tour and see whats for sale now

The Cove at Loggerhead Marina NEW Construction Behind St Pete Beach FL
Come for a tour and see what's for sale now of The Cove at Loggerhead Marina started construction around 2014 it is just at the eagle fly's just behind Pass-A-Grille and Tierra Verde Surrounded by upland reserve Marina's at the southern tip of Pinellas County and I 275  making it phenomenal access to open water and minutes to downtown St Petersburg and St Pete Beach and the best Beaches in USA and Pinellas County and Florida
"Take a short tour with me," Diana Sames looking back at the green is where Moorings Drive are already 6 homes.


This Video was taken March 2014. In it you will see all Green space but as of yesterday, November 1st 2016 the 2nd stack ending on the south corner at 6125 Moorings Drive South.
is almost completed for a November 29th close of 6 more happy buyers.
Call me on 727-776-0122 if you are interested in a tour?
                                                               The Cove at Loggerhead

Check out this link  and see what is For Sale now 

Nautical Way is Selling

                              G'day My name is Diana Sames,  I Love selling FLA Beach Living! 

I was happy to suggest the Cove at Loggerhead  for a couple buyers interested in relocating to our beaches and enjoy Beach Living and the active lifestyle it offers close to the airport. As a Realtor, it is very hard to find newer homes or condo's let alone new construction as old cities as there is simply not much land left to develop.  I think my buyers fell in love with the community and the fact that this i a part of a  renourishment district linking many of its  beautiful parks and walking trails and bike paths.  So they signed on to 6125 pictured above back in February while pre-construction. This Taylor Morrison project came with an excellent Tampa Bay reputation. Now this Waterfront stack of 6 is on a home run to the finish line and i am sure they will open up the next stack or set for sale creating and amazing vibrant community .

I look forward to my buyers giving us a review of their experience with Taylor Morrison and RE/MAX Preferred as they are finishing this one 6125 Mooring Dr.
The other half in this location will open up some time I am sure. Here is some more historical pictures.   Call today 727-776-0122 to line up a tour.

                                              Call today 727-776-0122 to line up a tour.

HERE IS THE LAY OUT - NOTE THE GREEN SPACE ALL AROUND THIS LATEST PINELLAS POINT
THE COVE AT LOGGERHEAD MARINA

       

                                               Call today 727-776-0122 to line up a tour.

Brightwaters Beach Condo for rent

LONG Term Furnished Lease

2/2/1 car Screen Patio

Inside Washer and Dryer 

Stunning 

Here is a few newer pics below.

Open Living 
Smaller of the 2 Bedrooms.

Available BEFORE November 1st 2018.

Call today

727-776-0122

Unique 

Screened Patio with best view of complex.

2 bedrooms on the water both with 2 lovely bathrooms

175 55th Ave. Brightwater Beach Condominium

Steps to the sand and Starbucks 

www.justletgo.com

2 Gorgeous Updated CONDOMINIUMS AVAILABLE

Brightwaters Beach Condo 

Brightwaters Beach Condo a Waterfront Residential Condominium with only 18 units. The Homeowners hire Ameri-tec to help them manage the property. 

Currently I have ONE for Rent and right now there is actually ONE For Sale. (Scroll to bottom)
TOO LATE FOR SALE: Rarely are they offered. Brightwaters Beach Condo address is 175 55th ave St Pete Beach, FL, 33706. which is right at the beginning of Exclusive Brightwaters Beach Estates.

  In the Heart of St Pete beach Fl 33706  Brightwaters Beach Condo presents                                   1: BRIGHTWATERS CONDO FOR LEASE
An UPDATED GROUND FLOOR FURNISHED UNIT

                                    Currently looking to fill January 2017 scroll down for picture details.

                                 

see the Video for a tour that includes the Ground Floor Unit for Lease.

 2 GORGEOUS UPDATED BATHROOMS Pictured here are in the ground floor FURNISHED unit for RENT                

2: BRIGHTWATERS CONDO FOR SALE

Click here for a link on my website Is a second floor UPDATED corner unit facing the southern water ways.This BRIGHTWATERS BEACH condo is LISTED FOR SALE with Rental Marketing Solutions MLS U7777903 175 55TH AVE, #201, ST PETE BEACH, FL 33706

With a large Screened Patio with water view

 LARGE POOL

You will love either of these Updated 2 bed 2 Bath units both with almost 1000 sq ft, corner waterfront units in the small quiet Brightwaters Beach residential community located in the heart of St Pete Beach FL only 50 seconds walk to #Trade Winds Beach Resort and the best Beach on Gulf of Mexico.  1. FOR LEASE ground Floor. 2. FOR SALE second floor

Join the Realtor Diana Sames for this 2nd VIDEO tour below. Taken on the western side of the complex from the outside parking lot on the west side of the condo you can see how well maintained the property is. I love this Laundry area and the Sunny Florida "clothes line." Australian and New Zealand home would not sell a property without one. ( lol)    Something about the breeze and washing.              

Call Diana Sames Realtor and Property manager on 727-776-0122. See if BRIGHTWATERS BEACH CONDO could become your new home. 

 Diana Sames 

Direct phone 727-776-0122

    The Only Australian at REMAX Preferred St Pete Beach FL 33706

www.justletgo.com

Regency West Condominiums 5555 Gulf Blvd St Pete Beach FL

                                                    REGENCY WEST Condominium
                                               5555 Gulf Blvd St Pete Beach FL 337706
                                        5555 Gulf Blvd Unit 402 St Pete Beach Fl 33706
                                           No Land Lease and it includes Inside washer and dryer
                                                  2 full bedrooms 2 full bathrooms
                                                         1 covered parking space 66.
                                                            Total Custom Renovation
     

                                         Regency West  5555 Gulf Blvd Presents unit 402

       Washer and Dryer in closet, 1145 sq ft, 2 full bedrooms and 2 full bathrooms and 1 car Covered Carport # 66. Most importantly it has Low taxes Maintenance fees and NO land lease like majority of the units in Regency West

Regency West   5555 Gulf Blvd was built in 1969 and In the heart of St Pete Beach FL 33706

Regency West 5575 Gulf Blvd Was built in 1970. 

Both buildings share the grounds and club house but each has its own HO association and Insurance Budget and Fees

 Preview now this Coming Soon listing to MLS and http://regencywest.info with these Non- professional photos  and some Videos for your interest of the amazing 6 acre grounds in the heart of St Pete Beach florida 

Regency West 5555 Gulf Blvd St Pete Beach unit 402 is the top floor closest to the Gulf 1145 sq ft with NO LAND LEASE. CALL DIANA SAMES 727-776-0122 Realtor REMAX Preferred