JAY D'ABRAMO

Posts made by author 'Jay D'Abramo'

Behind the Sign: Real Stories from Tampa Bay’s Market

Subscribe and receive email notifications of new blog posts.




rss logo RSS Feed
Real Estate | 68 Posts
September
5

If you're getting ready to sell, it's totally normal to start seeing every little flaw in your home.

That crack in the driveway you've ignored for years? Suddenly looks like the Grand Canyon.
That light switch that doesn't connect to anything? Now it's all you can think about.
The paint on your baseboards? Yep, you're convinced it's the first thing buyers will notice.

But here's the truth: buyers don't see your home the same way you do.

You've lived with these quirks for years. You're emotionally connected to them. Buyers? They're walking in with fresh eyes—and a very different perspective.


Buyers...

Click Here to Read More...

August
25

If you've been following real estate headlines lately, you've probably noticed they're kind of all over the place.

One article says prices are up. Another says they're down. And when you zoom out and look at the national picture, it actually makes sense: home values are rising in half the country's biggest cities—and falling in the other half.

So today, let's break it all down. We'll look at what's happening nationwide, and more importantly, what we're seeing right here in Tampa Bay.


What the National Market Is Doing

Across the country, home values have been relatively flat—up just

Click Here to Read More...

August
18

Wondering if buyers are still out there?

Short answer: yes—and they're ramping up fast.

Even before the recent drop in mortgage rates, online home searches were heating up. Then, on August 7, rates dipped to 6.55%, and things really started moving. Just a few days later, on August 13, rates dropped again—this time to 6.53%, the lowest level we've seen all year, according to Mortgage News Daily.

And guess what happened? Mortgage applications spiked.

That's not a coincidence. That's buyer momentum pickin...

Click Here to Read More...

August
14

If you've been house hunting in Tampa Bay and automatically assumed that a resale home would cost less than something brand new—think again.

For the first time in years, existing homes are selling for more than new construction.

According to the latest data, the median price of an existing home is now $429,400. For new construction? It's $410,800. That's a difference of $18,600—in favor of the brand-new home.

So if you've been overlooking new builds because you thought they were out of reach, now's the time to take another look.

Let's break down what's happening, why it matters, and what you should...

Click Here to Read More...

August
12

If you've owned your home for more than a few years, there's a good chance you're sitting on a serious amount of equity—and maybe wondering if now's the time to downsize.

You're not alone.

According to Realtor.com, baby boomers (those born between 1946 and 1964) hold nearly half the housing wealth in the U.S., totaling somewhere between $18 and $19 trillion. That's a lot of potential tied up in real estate.

And here in Tampa Bay, we've seen years of steady appreciation. If your kids are out of the house, retirement's on the horizon, or you just want less to take care of, selling your current home could open up new possibilities—financially and personally.

But with big opportunities come big questions:

⇦ Newer PostsOlder Posts ⇨

Login to My Homefinder

Pixel