How accurate are those Zestimates from Zillow? We put them to the test


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When people decide to sell their homes, the first place many of them look for an estimate of value is Zillow. That drives real estate agents batty. “I fight these on a daily basis,” Dunedin agent Joe Demo says of what the popular online database calls Zestimates. “When people bring it up, I tell them, ‘In my opinion you’ve got…

As home prices continue to rise, what will $215,000 get you across Tampa Bay?

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Within 24 hours of listing a 1,000-square-foot bungalow near Tampa’s Seminole Heights, agent Bob Matthews received four offers. The compact but adorable house went under contract in two days and sold in May for $215,000 — $20,000 more than the asking price. “You really can’t buy anything that nice for $215,000 in South Tampa or Westchase so Seminole Heights is…

Tampa Bay home prices in 2016 saw biggest gain in six years but will 2017 be as strong?

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In 2012, during the bleakest year of the foreclosure crisis, a three-bedroom, two-bath house in St. Petersburg’s Russell Park sold in a distressed sale for $118,000. Just before Halloween last year, the same house went back on the market. More than 65 people showed up at the first open house, and six put in offers, all higher than what the…

Tampa Bay emerges as one of nation’s hottest industrial markets

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Warehouses lack the glamour of luxury homes, but they are helping make the Tampa Bay area one of the nation’s hottest emerging industrial markets. The bay area vaulted from No. 28 to No. 10 last year in net leasing of distribution and light industrial space, according to a new report by Colliers International. Overall vacancy rates dropped to 6.3 percent…

The price of homes in the Tampa Bay area continues to soar

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Tampa Bay home prices continued to soar in October, with Hillsborough County recording its biggest year-over-year gain since January. Pinellas, Pasco and Hernando counties also showed dramatic increases as buyers vied for an exceedingly tight supply of single-family homes — Pasco had less than a three-month inventory. And even though interest rates have risen slightly since the presidential election, there…