St. Petersburg Real Estate and Community News

May 27, 2021

April 2021 Real Estate Market Statistics

Click the links below to view or download April's Real Estate Statistics!

 

Pinellas County April Stats

Pasco County April Stats

Hillsborough County April Stats

April 23, 2021

2859 Dartmouth Ave N Open House This Weekend!

Click Here to View The Open House Flyer!

Posted in Uncategorized
April 23, 2021

March 2021 Real Estate Market Statistics

Click the links below to view or download March's Real Estate Statistics!

 

Pinellas County March Stats

Pasco County March Stats

Hillsborough County March Stats

Posted in Market Reports
March 31, 2021

February 2021 Real Estate Market Statistics

Click the links below to view or download February's Real Estate Statistics!

 

Pinellas County February Stats

Pasco County February Stats

Hillsborough County February Stats

Posted in Market Reports
March 2, 2021

January 2021 Real Estate Market Statistics

Click the links below to view or download January's Real Estate Statistics!

 

Pinellas County January Stats

Pasco County January Stats

Hillsborough County January Stats

Posted in Market Reports
Jan. 26, 2021

December 2020 Real Estate Market Statistics

Click the links below to view or download December's Real Estate Statistics!

 

Pinellas County December Stats

Pasco County December Stats

Hillsborough County December Stats

Dec. 28, 2020

November 2020 Real Estate Market Statistics

Click the links below to view or download November's Real Estate Statistics!

 

Pinellas County November Stats

Pasco County November Stats

Hillsborough County November Stats

Dec. 2, 2020

October 2020 Real-Estate Market Statistics

Click the links below to view or download October's Real Estate Statistics!

 

Pinellas County October Stats

Pasco County October Stats

Hillsborough County October Stats

 

Posted in Real Estate News
Nov. 20, 2020

It Pays to Sell with a Real Estate Agent

Presented By: The TJM Home Team

Some Highlights

  • Today, it’s more important than ever to have an expert you trust to guide you as you sell your house.
  • From your safety throughout the process to the complexity of negotiating the deal, you need a professional on your side.
  • Before you decide to take on the challenge of selling your house on your own, let’s connect to discuss your options.
Nov. 19, 2020

Will Mortgage Rates Remain Low Next Year?

Presented By: The TJM Home Team

Will Mortgage Rates Remain Low Next Year? | MyKCM

In 2020, buyers got a big boost in the housing market as mortgage rates dropped throughout the year. According to Freddie Mac, rates hit all-time lows 12 times this year, dipping below 3% for the first time ever while making buying a home more and more attractive as the year progressed (See graph below):Will Mortgage Rates Remain Low Next Year? | MyKCMWhen you continually hear how rates are hitting record lows, you may be wondering: Are they going to keep falling? Should I wait until they get even lower?

The Challenge with Waiting

The challenge with waiting is that you can easily miss this optimal window of time and then end up paying more in the long run. Last week, mortgage rates ticked up slightly. Sam Khater, Chief Economist at Freddie Mac, explains:

Mortgage rates jumped this week as a result of positive news about a COVID-19 vaccine. Despite this rise, mortgage rates remain about a percentage point below a year ago.”

While rates are still lower today than they were one year ago, as the economy continues to get stronger and the pandemic is resolved, there’s a very good chance interest rates will rise again. Several top institutions in the real estate industry are projecting an increase in mortgage rates over the next four quarters (See chart below):Will Mortgage Rates Remain Low Next Year? | MyKCMIf you’re planning to wait until next year or later, Mike Fratantoni, Chief Economist at the Mortgage Bankers Association (MBA), forecasts mortgage rates will begin to steadily rise:Will Mortgage Rates Remain Low Next Year? | MyKCMAs a buyer, you need to decide if waiting makes financial sense for you.

Bottom Line

If you’re planning to buy a home and want to take advantage of today’s low rates, now is the time to do so. Don’t assume they’re going to stay this low forever.