New Tampa Home Sales – April 2016 – #Tampa Market Monday – 5-30-16

     

    Happy Memorial Day!

    Before we jump into the home sales stats, I’d like to say thank you to all of our veterans and current enlisted military. We, at Team Bohannon, are so grateful for your service to our country. I hope all of our readers will take a few moments to reflect on the sacrifice all these men and women have made for our benefit.

    Now, let’s look at real estate in New Tampa. For those new to the Tampa area, New Tampa includes a 24-square-mile (62 km2) area inside the City of Tampa and a larger area in unincorporated Hillsborough County. The part of New Tampa within Tampa’s city limits is one of the more sizable city neighborhoods. New Tampa expanded quickly after the city annexed it in 1988. It is home to many master planned residential communities (new and in development), as well as new and developing retail centers. (If you’re unfamiliar with the boundary lines of New Tampa see the image below.)

    New Tampa 33647 Boundaries

    Now let’s take a look at home sales for New Tampa in April of 2016: (Place your cursor or finger on the monthly data points to see the actual numbers or percentage of increase or decrease from the same month in 2015.)

    Now the message has stayed fairly consistent: Sales and Prices are up, while inventory is down. As we enter the hottest season of home buying and selling, it is extremely important that you know what’s going in in the real estate market. As you’ll see below, there are some key trends to pay attention to, particularly if you are planning to buy or sell in the near-future.

    Keep in mind, the following articles and infographics will give you an idea of the general trends shaping the housing market across the U.S. and in Tampa, but we’d be happy to provide you a more focused view of your local community or neighborhood. Just call us (813) 431-2840 or complete our contact form. Enjoy.

    Tampa:

    The New Hot Spots Where Americans Are Moving Right Now (Hint: Tampa Tops the List)

    Tampa Hottest Spot to Move

    Read More

    From the Blog:

    Sell NOW Before Competition Hits the Market

    why-people-sell-homes

    Read more.

    New & Existing Home Sales Climb [INFOGRAPHIC]

    US0new-existing-home-sales-up

    Read More

    Advice for Buyers:

    Three Important Responsibilites Home Buyers Have

    For most first-time buyers, it’s better to accept that for dreams to come true, you have to do the groundwork. Yes, you will be far more independent than you would as a renter, but you will still have some very real responsibilities to make homeownership work. Here are the top three responsibilities you’ll have as a homeowner.

    Read more. 

    Foundation app helps buyers visualize dream home with digital design studio

    Entrepreneurs Joey Gollish and Gleb Nazarkin jumped at the opportunity to bring the home buying experience into the twenty first century. Their newly launched app, Foundation, allows buyers and potential buyers to visualize their home while selecting options and upgrades that update real time. It’s a win-win for everyone, as developers are able to sell more products, track analytics and manage design centre appointments.

    Read More.

    Search Tampa Homes for Sale

    Advice for Sellers

    New-home sales exploded in April: What it means for buyers, sellers

    The spring home-buying season has definitely sprung. Sales of new homes soared 16.6% in April, blowing away economists’ expectations for a rise of 1.8%, the Commerce Department announced Tuesday. It’s a huge turnaround from March, when sales dipped for the third straight month. 

    Read more.

    Screen Shot 2016-03-07 at 10.03.47 AM

    Screen Shot 2016-03-07 at 10.04.00 AM

    Home Loans

    Mortage Rates Tick Up on Fed News

    News Facts

    • 30-year fixed-rate mortgage (FRM) averaged 3.64 percent with an average 0.5 point for the week ending May 26, 2016, up from last week when it averaged 3.58 percent. A year ago at this time, the 30-year FRM averaged 3.87 percent.
    • 15-year FRM this week averaged 2.89 percent with an average 0.5 point, up from last week when it averaged 2.81 percent. A year ago at this time, the 15-year FRM averaged 3.11 percent.
    • 5-year Treasury-indexed hybrid adjustable-rate mortgage (ARM) averaged 2.87 percent this week with an average 0.5 point, up from last week when it averaged 2.80 percent. A year ago, the 5-year ARM averaged 2.90 percent.

    PMMS Graph

    Read More

    Thanks and Please Contact Us. We’d Love to Help You Find the Home of Your Dreams and/or Sell your Home for Top-dollar!

    Thanks again for reading #Tampa Market Monday from Annette Bohannon. We would love to hear from you if you need help selling your home or buying a new one! You can reach me, Doug Bohannon or Dale Bohannon at 813-979-4963 or by completing this contact form.

    Have a Fantastic week!

    Annette Bohannon, Team Bohannon, Keller Williams, 813-431-2840 www.teambohannon.com

    Search for Tampa Homes By Neighborhood


    • Tampa

      Tampa

      Tampa, a beautiful, modern city located on the Gulf Coast of Florida, is bordered by Old Tampa Bay and Hillsborough Bay, which come together to makeup Tampa Bay. It offers…
      View 3546 homes


    • Apollo Beach

      Apollo Beach

      Apollo Beach is a vibrant waterfront community, located in Hillsborough County in Tampa, FL. It features over 50 miles of interconnected canals that lead to Tampa Bay and the Gulf…
      View 325 homes


    • Land O Lakes

      Land O Lakes

      Land O’ Lakes, located in Pasco County, is north of downtown Tampa. It’s also part of the Tampa-St. Petersburg-Clearwater, Florida MSA. The population of the area is a little over…
      View 468 homes


    • Lithia/Fishhawk

      Lithia/Fishhawk

      FishHawk, Hillsborough County’s first “green community”, is made up of a variety of smaller communities located in Lithia, Florida. They including Starling at FishHawk, The Preserve, FishHawk Ranch and FishHawk…
      View 215 homes


    • Lutz

      Lutz

      Lutz, which began as a small train depot on the Tampa North Railroad, now has about 20,000 residents. It was named for W. P. Lutz, who brought the railroad to…
      View 424 homes


    • New Tampa

      New Tampa

      New Tampa, Tampa Bay’s fastest growing community is located in the northern side of Tampa. New Tampa, well-known for its master-planned communities, features upscale residences surrounded by lakes, lush green…
      View 361 homes


    • Carrollwood Area

      Carrollwood Area

      The Carrollwood area, about 7 miles northwest of Tampa includes two distinct communities — Carrollwood and Carrollwood Village. Both are located in Hillsborough County. Together, they have a population of…
      View 266 homes


    • Odessa

      Odessa

      Odessa, located in Pasco County started as a community of open spaces that residents used for ranches and horse farms. But in more recent years, it has grown considerably due…
      View 271 homes


    • Brandon

      Brandon

      Brandon is an appealing suburb, east of downtown Tampa, Florida. It offers residents a quieter, family-oriented lifestyle just outside of Tampa’s city center. Over 100,000 people call it home and…
      View 311 homes


    • Riverview

      Riverview

      Riverview, Florida, located in Hillsborough County near Tampa has nearly 80,000 residents. The community saw its population increase close to 500 percent from 2000 to 2010 as new development occurred…
      View 703 homes


    • South Tampa

      South Tampa

      South Tampa, located on the Interbay Peninsula, includes areas of Tampa south of Kennedy Boulevard. Many of Tampa’s most unique and in-demand neighborhoods, Beach Park, Ballast Point, Bayshore Beautiful, Bayshore…
      View 1055 homes


    • Ruskin

      Ruskin

      Ruskin, located in Hillsborough County, Florida, near Tampa’s South shore has blossomed since the early 2000’s. It’s population, which doubled from 2000 to 2010 now tops 17,000 residents. Background The…
      View 297 homes


    • Valrico

      Valrico

      Valrico, located east of Tampa, is home to more than 35,000 residents. The population has expanded over 400% since 2000, when only 6,500 residents lived there. The median house or…
      View 263 homes


    • Wesley Chapel

      Wesley Chapel

      Wesley Chapel, in Pasco County, has been one of Tampa Bay’s fastest growing communities during the past 10 years. Currently, there are over 45,000 residents, 16,000 households and 12,000 families…
      View 502 homes


    • Westchase

      Westchase

      Westchase, founded in 1991, is a luxurious planned community located between Tampa and Clearwaterin Hillsborough County. It has around 22,000 residents and is one of the most affluent subdivisions the…
      View 154 homes


    • Luxury Homes

      Luxury Homes

      Are you seeking a one-of-a-kind luxury home? You’ll discover many remarkable million-dollar-plus properties in the Tampa area. Whether you prefer living on the water with spectacular views, a Championship golf…
      View 3772 homes


    • Golf Course Communities

      Golf Course Communities

      If you love golf, you’ll love the Tampa Bay area’s challenging and picturesque golf courses set in vibrant and beautiful communities on the Gulf Coast. You can enjoy a daily…
      View 6222 homes


    • Waterfront Properties

      Waterfront Properties

      Living on the waterfront means a variety of things to different people. Some love the all-the-time access to sunshine, the beach and the ocean. For other it’s about a peaceful…
      View 13625 homes

    Trackback from your site.

    About our blog

    Ranked #1 Realtor in Tampa by U.S. News and World Report.

    Doug, Annette & Dale Bohannon

    Team Bohannon Real Estate Experts

    Keller Williams Tampa Properties
    Tampa, Florida

    (813) 979-4963

    If you're looking for a trusted partner who exceeds expectations, reduces stress, fulfills promises, and is on top of all the details, consider Tampa's Top Real Estate Team: Doug, Annette and Dale Bohannon when buying or selling your home, call us today at 813-979-4963

    Contact Us Now

    Any questions, comments, or feedback