Hey Readers! I’ve been comin across some crazy stuff the past few days from a few different blogs around the web which I just had to share with you. Check em out below…
Tampa Bay Florida really cheap van insurance – Florida PIP Confusion
Tampa Bay Florida really cheap van insurance – Florida PIP Confusion. November 25th, 2009 · No Comments · Uncategorized. The drivers of the state of Florida right now are so confused and rightfully so. There has been a bitter fight, …
best vehicle insurance Tampa Bay Florida – Latest best vehicle …
I don't know which (if any) carriers are writing non-owner occupied insurance policies in that area, but I did find that shopping Citizens rates can make a big difference. The best Citizens quote I got for my son's Pasco home was $3900 … …. Tampa Bay Florida really cheap van insurance – Florida PIP Confusion11.25; really cheap vehicle insurance Tampa Bay Florida – How “illegal” would it be to add comprehensive auto insurance a day after hitting a deer, then making a …
The Housing Bubble Blog » HBB Rates The Media: Florida
'In selected markets, housing prices have risen 40 to 50 percent . . . some isolated cases for waterfront properties are up 100 percent in a 3-year time-frame,' Keating said during a visit to Tampa last week. …… 400K home in S. FL with 80K down, 2% tax rate, 1% insurance, and no HOA (unlikely) is going to run about 2650/mo. So, I guess it's doable, but man, that's really cutting it close. I'd never consider that level of payment on 100K income, I'd probably cap it at …
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If you’ve been keeping up with my blog posts lately you’ll know I’ve come to adding a few news posts from around the web on this subject. I’ve got a couple more today that are new and updated, so let me know what you think of em…
Pink Floyd's “The Wall”: WMNF-FM 88.5 presents the Vodkanauts and special guests who will re-create this classic album along with some of Tampa Bay's best … Read More…
TRIVIA: 'Planes, Trains and Automobiles' offers a treat every Thanksgiving
It was one of his best efforts. 4. New York City. 5. Chicago. 6. Wichita. 7. Attend an insurance seminar. He also tells Del to have a point when telling a … Read More…
Dreaming of Colts vs. Saints on Feb. 7
Brees, the best quarterback in the NFC, was shown the door by San Diego, then rejected when he offered to sign with Miami; Green Bay let Sharper walk as … Read More…
That’s all the news for today guys, so until next time, thanks for stopping by.
With property prices seemingly on the rise and rising quickly in Tampa, there is a lot of talk about a real estate bubble in the US and dire predictions that the so-called bubble could burst, leading to a lack of confidence on the part of investors and people seeking a second home. But while this talk of a bubble may be true in some parts of America, it isn’t justified in Florida, particularly in the Tampa Bay and Clearwater areas.
Florida as a whole is enjoying a rise in property prices which promises to be a long term trend. There are many reasons for this.
Demand for real estate in Florida is increasing. Homes are being bought for various reasons. Both American and European holiday makers view Florida as a premier summer holiday location and flock there each summer and historical evidence suggests that this figure is rising sharply and is having a major economic impact on the region according to VISIT FLORIDA research.
Historic Visitor Numbers (in Millions)
Year Total
1999 58.9
2000 72.8
2001 69.5
2002 73.9
2003 74.6
2004 79.7
Historic Economic Impact
Total Tourism Spending 1999-2004:
1999 – $44.6 billion
2000 – $48.5 billion
2001 – $48.6 billion
2002 – $49.5 billion
2003 – $51.5 billion
2004 – $57.0 billion
Total State Sales Tax Revenues from Tourism 1999-2004:
1999 – $2.7 billion
2000 – $2.9 billion
2001 – $2.9 billion
2002 – $3.0 billion
2003 – $3.0 billion
2004 – $3.4 billion
Number of Persons Directly Employed by Tourism Industry 1999-2004:
1999 – 826,200
2000 – 842,900
2001 – 864,500
2002 – 862,900
2003 – 871,000
2004 – 912,700
This growth in visitors is due to Florida’s many attractions, many of which are near to Tampa Bay. The superb beaches, the night life opportunities, golf and other sporting opportunities whether playing or being a spectator, the theme parks and adventure worlds, Disney, of course – and the many areas of unspoiled beauty. And, if anything, this annual visitation is set to increase again as the Super Bowl comes to Tampa in 2009. This will be the fourth Super Bowl to be held in Tampa. This has a dramatic effect on our area’s prosperity.
The increasing economic prosperity also makes Florida in general and Tampa Bay in particular a good place to find a job or start a business. In 2004, Florida was ranked #2 as one of the best places in America for start-ups. More and more companies are also relocating their headquarters to Tampa, as well. Tampa is now being called the “Gateway to the Florida High Tech Corridor”, because companies are being offered a matching grant program that has generated more than $120 million in applied research. 225 companies have already taken advantage of this.
The area has relatively low real estate prices and a lower cost of living and higher employment statistics compared to the rest of Florida and to other states in America, despite recent increases. The median value for a home in Florida was $189,500 last year, significantly less than similar homes in California where the median home value was $474,370. (Source: http://www.investmentu.com/IUEL/2004/20040927.html ). In Tampa Bay, it was less again.
Florida, including Tampa, also enjoys the advantage of having slightly more favorable property taxes compared with other parts of the US, no state income tax and better car insurance rates. The education system has undergone considerable improvement over the past number of years. And the Tampa area also has some of the best commute to work times in the country.
Tampa Bay is perhaps the ideal place not just for the baby boomer buying a second house or holiday home, nor just for the property investor seeking to increase their footprint in the holiday rental market, but also for people starting out in life or those seeking a retirement home.
There have been several new developments in Tampa Florida Real Estate and Clearwater Real Estate holdings; the plans for developing downtown Tampa, especially the Rivergate area, are potentially very exciting indeed, according to recent articles in the Tampa Bay Business Journal.
In short, Florida as an area for either relocation, investment or a second home is currently one of the most attractive in America and likely to remain so for some time. Due to the recent economic pressure on the US as a whole there might be a slight slow down in terms of escalating appreciation but Florida remains a great place to come and a great place to invest, especially Tampa Bay real estate and Clearwater Bay real estate, which are right in the heart of the potential growth areas.
No bubbles bursting here, just opportunities galore!
Bob Lipply is one of the top real estate broker associates with Remax Realtec Group of the Tampa Bay area. Whether you are thinking about relocating to the Tampa Bay Florida area or considering a second home, him and his team of experienced agents can help you find the perfect property. Visit his website at Search Tampa Real Estate to search thousands of listings quickly and easily — no registration required.
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