Tampa Bay leads nation in closed foreclosures, though total drops


Deprecated: implode(): Passing glue string after array is deprecated. Swap the parameters in /home/customer/www/bargerrealestate.com/public_html/wp-content/themes/noo-citilights/functions_noo-citilights.php on line 252

Posted in News on by

For the 12 months ended in June, the Tampa Bay area led the nation in completed foreclosures with 16,750 homes taken back by the lender or sold at auction. However, that was 13 percent fewer than in the same period a year earlier, a new report by the property data firm CoreLogic says. And the percentage of bay area borrowers…

Study: Property values increase in areas where Trader Joe’s locates

Posted in News on by

In addition to triple ginger snaps, orange chicken and wild mushroom & black truffle flatbread, here’s another reason to like Trader Joe’s: It might drive up property values. Both nationally and in the Tampa Bay area, homes near Trader Joe’s markets have shown a greater increase in value from time of purchase than homes near the stores of rival chain…

House flipping still paying off in Tampa Bay, though inventory shrinking

Posted in News on by

Last fall, Tampa-based Badger Investments paid $86,100 for a bank-owned house in St. Petersburg that was showing its age. Out went the wall-to-wall carpeting and the window air conditioner. In came granite countertops and stainless steel appliances. Badger put the house back on the market and sold it in May for $149,000 — a 73 percent gross profit. But those…

New York style brownstones planned for downtown St. Petersburg

Posted in News on by

Five high-end, New York-style brownstones are now planned for the downtown St. Petersburg site where a 16-story luxury condo tower once was proposed. Frank Menna, who owns the vacant lot on First Street N and Fourth Avenue, said Wednesday that the new project is a joint venture with hotel and restaurant owner Steve Gianfilippo. “I had the high-rise thing going…

Tampa Bay homes sales soared in June

Posted in News on by

Tampa Bay home sales skyrocketed in June, making it the strongest month in the past year. Year-over-year sales of single-family homes — which make up the bulk of the residential real estate market — soared 31.7 percent in Pasco County, 29.5 percent in Pinellas and 27.4 percent in Hillsborough.

Why some Tampa Bay homes sit on the market for years

Posted in News on by

As nearby properties changed hands, the Odessa house sat unsold through two presidential elections, a recession, a recovery and enough celebrity gossip to fill seven years of People magazine. Finally, after 2,552 days with no buyer in sight, the listing expired in January. “It’s a very pretty house,” real estate agent Robert Romano said, “but I’m letting it sleep for…