Barger Real Estate

In the wake of Hurricane Irma, a case for Tall Homes and New Construction in St. Petersburg

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Posted in News on September 26, 2017 by John William Barger III

Tampa Bay dodged a bullet. As late as 11am on Sunday morning, the National Hurricane Center projected a monster Category 4 hurricane, the largest in modern history, passing directly over the shallow estuary of Tampa Bay, and bringing with it up to 12 feet of storm surge. With 700 miles of shoreline and an average depth of only 12 feet,…

Tampa Bay cools down to more moderate home price increases

Posted in Uncategorized on September 23, 2017 by John William Barger III

The increase in home prices throughout much of the Tampa Bay area is definitely slowing from the torrid rate a year ago. According to figures released Wednesday by Florida Realtors, the median price of a single family home in Pinellas rose by 6.7 percent in August — a dramatic drop after 11 straight months of double digit gains as high…

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

Posted in News on July 11, 2017 by John William Barger III

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?

Posted in News on June 22, 2017 by John William Barger III

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 still soaring amid tight supply

Posted in News on May 24, 2017 by John William Barger III

Sales of Tampa Bay homes dropped in April but prices jumped yet again as Florida’s real estate market continued to be defined by tight supply and high demand. Compared to the same month last, the median price for a single family home rose 12.5 percent here, the most of any major metro area in the state. But despite Tampa Bay…

Fabled Clearwater estate sells for a record $11.18 million

Posted in News on April 21, 2017 by John William Barger III

Century Oaks, a landmark estate overlooking Clearwater Harbor, has sold for $11.18 million, the most ever paid for a home in the Tampa Bay area. No other residential property has been even close to that price except for a Belleair estate that sold for $10.25 million in 2008. The top price paid for any bay area home last year was…

Tampa Bay is enjoying a hotel boom. Could a five-star be coming?

Posted in Uncategorized on April 11, 2017 by John William Barger III

With the opening of the Opal Sands and Wyndham resorts on Clearwater Beach in the last 14 months, the Tampa Bay area gained 678 new hotel rooms. Sound impressive? Wait until you see what’s coming. Over the next few years, at least 27 new hotels with a total of 4,000 rooms are expected to start welcoming guests in what has…

Flipping houses stays red hot and Tampa Bay remains one of its favorite markets

Posted in News on March 11, 2017 by John William Barger III

Daniel Paloscio has an enviable record flipping homes. Last April, he and a partner paid $275,000 for a house in a coveted South Tampa neighborhood. After renovations, they sold it in November for $515,000 — a gross profit of $240,000. That wasn’t their only impressive flip. A Tarpon Springs house Paloscio snagged for $170,000 last year sold six months later…

In 2017, six things on the upswing sure to elevate Tampa Bay’s economy, quality of life

Posted in News on February 26, 2017 by John William Barger III

What’s most striking about Tampa Bay’s momentum lately is the breadth both of economic and quality of life strides under way. Forbes this month published a list of the 25 fastest growing U.S. metro areas that, to use the magazine’s words, “provides a holistic picture of places on the upswing.” Upswing. That’s a pretty good description of Tampa Bay these…

Tampa Bay home prices shoot up 11 percent, kicking off another strong year

Posted in News on February 23, 2017 by John William Barger III

Another year; another super start. Prices for single-family homes in the Tampa Bay area jumped 11.4 percent in January from a year ago, far higher than the statewide average and the highest of any major Florida metro area. The number of sales that closed last month also rose significantly — up 10 percent — in a sign that the robust…

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