Month: February 2012

Record Number of Florida Tourists in 2011

Florida tourists are again coming in droves, rejuvenating the economy statewide and affirming the success of the state’s efforts to contain tourism-related problems that arose from the 2010 Gulf Coast oil spill. According to Visit Florida Research, about 85.9 million tourists visited Florida in 2011, marking a 4.4-percent increase from the number of visitors in 2010, and surpassing the previous…

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City of Tampa Benefits from University of South Florida (USF) Center for Advanced Medical Learning and Simulation (CAMLS)

The city of Tampa has been benefitting from the University of South Florida even before the construction of the USF Center for Advanced Medical Learning and Simulation (CAMLS). It would gain much more so now that the CAMLS will start operating in almost full capacity in March 2012. According to the Chronicle of Higher Education 2009-2010 Almanac, the USF has…

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Homes for Sale in Tampa Fl Improved Price Performance in 4th Qtr

The median sales prices for homes for sale in Tampa Fl increased by three percent over the year in the fourth quarter of 2011 to $131,600. The Tampa-St. Petersburg-Clearwater area was one of only four metro areas that posted median price increases over the year. All the other areas experienced drops in median prices. There are 12 metro areas in…

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Available Tampa Homes for Sale Continued to Drop in January

Following the housing inventory decline nationwide, the number of Tampa homes for sale continued to drop in January over the month and over the year, based on data published by the Greater Tampa Association of Realtors (GTAR). Only 9,134 homes were listed for sale in the Tampa area in January, marking a sharp fall of 43.5 percent from the 16,161…

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Top 5 Reasons Why FishHawk Ranch in Tampa Area Is a Top-Selling Community in the U.S.

The FishHawk Ranch in Lithia, which is just 25 minutes to downtown Tampa, was the 26th top-selling master planned community in the entire U.S. in 2011, based on data published by John Burns Real Estate Consulting. Newland Communities, the developer of FishHawk, sold 229 units in this community in 2011. Master planned communities are large-scale real estate developments that offer…

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Tampa Bay Real Estate Market Topped 2011 Florida Existing Home Sales Chart

The Tampa Bay real estate market took the biggest share of Florida’s total sales of existing homes in 2011, based on data compiled by Florida Realtors. More than 16 percent of the total sales of existing homes sold across Florida in 2011 were sales in the Tampa-St. Petersburg-Clearwater area. A total of 30, 425 existing single-family homes in the area…

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Florida Real Estate Still the Top Choice of Foreign Investors

Several reports on foreign sales and online search for U.S. homes in 2011 ranked Florida real estate as the most searched and most desired by foreign residential investors in 2011. These were reports issued by the National Association of Realtors, MetroStudy, Point2, Trulia, National Association of Home Builders and other real estate organizations. In the most recent report, issued by…

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Which Is Better for the Country – Home Loan Assistance or Job Creation?

President Barack Obama says that his new plan of reducing home loan rates will help underwater but non-delinquent homeowners through a more affordable and easier loan refinancing program. Republicans, however, say that Obama’s plan is not very different from previous housing rescue programs that largely failed. They insist that what the country needs is a massive job creation program, which…

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5 Top Reasons Why Getting Pre-Approval Benefits You as a Home Buyer

If some home buyers don’t enjoy getting a pre-approval, it’s even more so that realtors don’t enjoy reminding buyers about the need to get a pre-approval. How great it would be if realtors can just get on quickly with showings anytime any new buyer asks for a showing, knowing that 100 % of all buyers will be approved by any…

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