Tampa Bay Real Estate Market | Tampa Bay Homes and Land

Some Lawmakers say NO to Fire Sprinklers in New Homes.

Lawmakers: No sprinklers for new houses
TALLAHASSEE, Fla. - March 5, 2010 - A House committee moved Wednesday to block the Florida Building Commission from adopting a provision that would require all newly constructed homes to install fire sprinklers.
The proposal (PCB GAP 10-22) was unanimously adopted by the House Governmental Affairs Policy committee, but only after [...]

Florida Population Growth Expected to Return.

Florida expected to start adding residents again after population decline
GAINESVILLE, Fla. - March 3, 2010 - It’s a small bounce, but Florida’s population should rebound this year from its first loss in more than half a century in a hopeful sign for the struggling state economy, new estimates from the University of Florida (UF) show.
The [...]

Warren Buffett says Housing Downturn to End in 2011

Buffett predicts downturn will end in 2011
NEW YORK - March 2, 2010 - Billionaire investor Warren Buffett predicted that the real estate market downturn would end by 2011 as the housing inventory declines.
“Within a year or so, residential housing problems should largely be behind us,” Buffett wrote in his annual letter to the shareholders of [...]

Homeowners at risk of Foreclosure are Targets of Scammers

HUD coalition launches online scam reporting tool
WASHINGTON - March 1, 2010 - The U.S. Department of Housing and Urban Development, in partnership with the Loan Modification Scam Prevention Network, today announced the launch of PreventLoanScams.org.
” Homeowners at risk of foreclosure can be easy prey for home loan modification scammers,” said John Trasviña, HUD Assistant Secretary [...]

Three Florida Home Warraney Companies SHUT DOWN

TALLAHASSEE, Fla. – Feb. 17, 2010 – The Florida Office of Insurance Regulation issued cease and desist orders to three home warranty companies yesterday, including their subsidiaries, for the unauthorized sale of warranty products and service agreements. The companies include National Home Protection, National Home Warranty and National Automotive Services.
Office investigators determined National Home Protection [...]

New Housing Construction UP 2.8% in January.

Feb. 17, 2010 – Housing construction posted a better-than-expected increase in January, which pushed activity to the highest level in six months. The solid gain raised hopes that the construction industry is beginning to mount a sustained rebound from its worst slump in decades.
The Commerce Department said Wednesday that construction of new homes and apartments [...]

Building a case for Principal Reduction by Lenders for Homowners

“Defaults, foreclosures plummet in January. Analysts discern signs of stability.”
So read the headline of my local paper.
Signs of Stability? Really? Now what might those be? I saw the Virgin Mary on a piece of toast once so I know we tend to see what we want to see but my tea leaves aren’t spelling [...]

Another TEAM SUMBERG Happy Customer

We want to thank our customers. We’ve been very fortunate to have great customers.
With each real estate transaction comes the opportunity for a rewarding friendship. Driving around town, seeing this home or that property with which we helped the sellers or buyers is like seeing old friends and family. It always yields a warm feeling of friendship [...]

Hillsborough County Considers Temporary Housing for Chinese Drywall Problem

TAMPA - Mobile homes and recreational vehicles soon could be parked next to permanent homes in Hillsborough County, as residents rid their residences of defective Chinese drywall.And federal grants may pay for some of the work.
Commissioners are considering a change to the county’s temporary housing ordinance to allow temporary housing for “non-natural” disasters, including the [...]

November Real Estate News

This Month in Real Estate
November 2009
Commentary

Budding signs of recovery continued last month. The encouraging news arrived in a number of closely followed economic indicators. On Thursday, October 29, the U.S. Commerce Department stated the country’s recession has officially ended, at least as leading data indicates.
U.S. GDP expanded 3.5 percent in the third quarter, the first period of quarterly growth [...]

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Some Lawmakers say NO to Fire Sprinklers in New Homes.

Florida Population Growth Expected to Return.

Warren Buffett says Housing Downturn to End in 2011

Homeowners at risk of Foreclosure are Targets of Scammers

Three Florida Home Warraney Companies SHUT DOWN

New Housing Construction UP 2.8% in January.

Building a case for Principal Reduction by Lenders for Homowners

Another TEAM SUMBERG Happy Customer

Hillsborough County Considers Temporary Housing for Chinese Drywall Problem

November Real Estate News

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Historic Alafia River - 2.5 acres with 450 feet of beautiful riverfront. Just minutes from FishHawk and no HOA!!

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