I’m surprised everyday waiting for the other shoe to drop and an article to come out telling us what most Tampa Bay area Realtor’s already know. Absorption rates (Inventory Turnover) has been dropping since it hit a peak of 59% back in June 2005. The absorption rate is determined by dividing the total number of [...]
Read Full Post | Make a Comment ( None so far )There’s been a lot of interesting news out the past two days so I’m combining them into one article.
2007 FLORIDA LEGISLATURE
One hand may not know what the other hand is doing: The Florida House wants to get rid of property taxes; at the same time, however, it has told local school boards to increase property taxes [...]
How long will a home improvement actually remain an improvement? How long do new wood floors last? New stoves? A new countertop? NAHB conducted a study that tries to determine the lifespan of home components. Read the entire story or visit www.tomburkett.com
Read Full Post | Make a Comment ( None so far )A flock of Canadian snowbirds are banning together to call for property tax reform in Florida. Snowbird Phyllis Turek says she doesn’t expect the same concessions as full-time residents, but believes snowbirds should get some credit for paying taxes year-round and using services for only a few months. Read full story
Read Full Post | Make a Comment ( None so far )The newest hotel build on a Pinellas county beach in over 25 years is set to open this Summer. The Sandpearl resort is a 253 room 4 diamond rated resort hotel that will host conventions, weddings, socials and the like. It will be one of Tampa Bay’s landmark properties. I have a 1 bedroom penthouse [...]
Read Full Post | Make a Comment ( None so far )Real Estate News, Prices, Restuarant and local business reviews
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