Statistics

The Madness Fire Is On And Banks Pour Oil On It Yesterday James and I went to a listing appointment.  We researched comparable sales and market stats and the market value for the home we will be listing is between 250k and 280k.  And at the high point of this range I would be a [...]

We are officially starting our monthly newsletter.  Frankly, I don’t know what kind of information would perk your interest on a regular basis, yet we’ll try to provide only high quality content.  We are Realtors, so naturally we want to share news related to real estate in St Petersburg and Tampa Bay area.  But we [...]

Yes, it is 2013 and January is quickly gaining speed!  But some of our clients are starting to wonder, how did 2012 do in terms on real estate? We’ve made a couple videos for you to sum up 2012 real estate market activity in St Petersburg and all Tampa Bay.  Take a look and you’ll [...]

By guest blogger/writer Jared Diamond The real estate forecast for 2013 is cautiously optimistic.  Modest gains are expected in leasing, rents, and pricing across the nation.  Quick profits will still be a distant dream for developers and investors who have been hoping to make a killing, after all, the recession continues and taxes and prices [...]

Is The Lack Of Inventory Causing Changes In The Market? I just did a quick search and came up with only 2 short sale listings in Old Northeast.  Not too long ago the situation was radically different.  The market was overloaded with short sales and bank-owned homes (REOs).  Even in an established St Pete historical [...]

And is it a Buyer’s or Seller’s market? 6,358 – Number of homes listed for sale in Pinellas County as of today.  Same time last year we had about twice as many homes for sale on our market.  What is going on?  Inventory is rapidly depleting, banks are strongly controlling the release of new REOs [...]

Will you call Caya Costa in St Pete your home? Today I’m showing a few properties in Caya Costa.  It is a gated community of about 230 homes in the northeast part of St Petersburg.  Developed in mid 1980’s it is located across the channel from the main Riviera Bay community.  Many homes in Caya [...]

All You Need To Know About Snell Isle in St Pete When was Snell Isle developed? –  1920s Snell Isle was developed by C. Perry Snell in 1899 after he returned to St. Petersburg from traveling around Europe.  The first piece of land purchased was North Shore Park followed by Crescent Lake (located off of [...]

Luxury Short Sales In St Pete and Tampa Bay For some people the term “high-end short sale” sounds like an oxymoron.  There are definitely more lower and middle price range short sale listings in St Petersburg and all Tampa Bay market.  Typically the homes that are considered luxury start at a $500k price point.  Some [...]

Update on Pinellas real estate We are close to the finish line of this exciting year.  2011 so far has been a very interesting year for real estate in St Petersburg and all Tampa Bay area.  We didn’t see dramatic changes in home prices, though definitely observed a huge decrease in St Pete real estate [...]

Home searching. What is the best tool? Ok, so I did a little research for you.  I used Compete.com which is a web solution that offers statistics on websites’ traffic.  It’s not necessarily a 100% accurate, but quite reliable as we actually compared the stats of our own website traffic data with Compete’s.  Numbers were [...]

Is real estate going up? Is it time to sell or buy in Tampa Bay? In the last few months we’ve been actively talking about the reducing real estate inventory in St Petersburg and all Tampa Bay.  We’re simply trying to carry the message to the consumer.  It is our duty and responsibility as real [...]

Live in St Pete? How’s your home’s Zestimate? So, I’ve just received a Zestimate report from Zillow in my email.  Looks pretty good, if you ask me.  I don’t really agree with the actual estimated value of my home, but that’s probably because I’m so “emotionally attached” to my property and don’t know the “real market [...]

Tanglewood and Harbor Isle listings. What’s new? We’ve been hearing complaints from local Realtors about the lack of real estate inventory on the Tampa Bay market.  Specifically in St. Petersburg it is getting harder and harder to find a move-in ready house.  There are many reasons for this: investor activity, people can afford homes at current [...]

Tampa Bay Real Estate market trend. How does it look? A few days ago we listed a house for sale.  We did our market research and comps analysis to price it right.  Then out of curiosity I went to Zillow.com to check out their graphs.  I seldom refer to Zillow in order to find the [...]

St Pete Real Estate sales.  Are we still going down?? Here’s a quick real estate sales update for St Petersburg, FL.  Literally every day people ask me about the market and where we’re heading.   Well, let’s take a look at YTD of 2011 home sales in St Pete. Where are we today?  So far there [...]

Seminole, Fl home sales and listings stats Today we’re giving you a quick update on the Seminole, FL real estate market.  This town is an exciting place to live where you can find the county’s best schools, family friendly neighborhoods and be close to the beach.  Located on the west side of our peninsula, Seminole [...]

TAMPA LISTINGS AND SALES… WHERE ARE WE TODAY? LISTED HOMES STATS According to local MLS there are currently 4,899 homes listed for sale in Tampa.  2301 (47 %!!) of these home are listed under distressed circumstances (short sale, pre-foreclosure or bank owned).  This makes Tampa area a bit more “toxic” than St Petersburg and Pinellas [...]

SHORT SALES FLOOD IN TAMPA BAY CONTINUES? We’ve all seen the decrease in real estate prices in the last 5 years.  Home prices in Tampa Bay dropped near 50% from where they were at the peak of the market in 2005-2006.  As a result nearly 40% of all home sold in St Petersburg and greater [...]

Quick Facts About Florida.  How Will They Affect You? Just read some interesting facts about Florida in Florida Realtor® magazine.  As Realtors® we are continually studying local and state real estate market and statistics.  So, we thought you may be interested to know that in Florida there are: -          1,000 people move to Florida each [...]

Who Is Who In This Real Estate Market? I love observing and interacting with people of different generations. I was born in 1978 and have a hard time determining which generation I belong to: Generation X or Generation Y (The Millennials). I guess I’m stuck somewhere in between. It is also hard for me to be [...]

Clearwater Real Estate Sales Statistics Today The HOME Team of Charles Rutenberg will bring you the home sales stats of Clearwater, FL.  Clearwater is one of the largest municipalities in Pinellas County and by looking at the home sales in this city we will get a pretty good picture of the real estate market state in the whole county.  Remember, [...]

2010 Final Stats from The HOME Team / Charles Rutenberg At the end of this year we thought it would be nice to look back at 2010 and review some sales and listings statistics. We will take St Petersburg, FL as an example. LISTED In St Petersburg there are currently 3,387 homes for sale. 1,348 [...]

Do You Live In Tampa Bay? Find Out What Your Home Is Worth Now! When selling or buying a home – market information is a key!  The HOME Team of Charles Rutenberg Realty would like to provide this information to you absolutely free.  Market Snapshot is a unique tool that will not only show you [...]

Virtual Tours – No! Video Tours – Yes! Let’s face it, we are still experiencing a tough real estate market here in Tampa Bay. In St Petersburg, FL and in nearby cities the majority of homes sold are in the $50-300k price range. Homeowners that want to sell their homes and happen to be in [...]

All right, it’s time for some sales stats in St Petersburg, FL! Research is what I truly love doing and today I’d like to share some home sales statistics in St Petersburg, FL. St Pete houses still sell and people still buy! Wow, that’s no revelation, give us stats! Ok, here we go: There are currently [...]

Madeira Beach Video Tour And Sold Homes Price Review Saturday was a stormy day in Pinellas.  I wanted to film Madeira Beach on a sunny day and possibly write a few condominiums reviews, but due to weather we ended up filming some waterfront homes, mostly from our car.  See sold prices review below.  In the video [...]

How Much Is Your House Worth? St Pete Houses, Seminole FL Houses, etc. Let’s talk about non-waterfront homes in St. Petersburg, Seminole, Pinellas Park, Largo and Pinellas County in general.  Living in a waterfront home may be a fine experience but most folks don’t live on the water.  And that’s fine since there are many great homes and neighborhoods [...]

WATERFRONT COMMUNITIES IN St PETE/TAMPA BAY Pinellas County and waterfront homes go together hand in glove.  Every year thousands of people are realizing their dream of living on the Florida coast.  From Tarpon Springs in northern Pinellas County all the way south to St Pete Beach, there is a myriad of waterfront options, with many homes [...]