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Toni Hedstrom, REALTOR, e-PRO
Keller Williams Realty New Tampa
iPHONE: 813-830-8664
Fax: 813-994-4433
Ofc: 813-994-4422

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  • Why is listing inventory so low? Five reasons

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    #78377853 / gettyimages.com   LOS ANGELES – April 28, 2014 – Low inventories plague housing markets across the country. It’s giving buyers limited options and sparking more bidding wars, though with sale prices rising, inventory seems to be growing a bit. However, many current homeowners can’t or won’t sell, with some estimates suggesting that more… Read More

    Pending Home Sales Increase in March

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    #98837799 / gettyimages.com   After months of stagnant activity, pending home sales rose in March, marking the first gain in the past nine months, according to the National Association of Realtors®. The Pending Home Sales Index (PHSI), a forward-looking indicator based on contract signings, rose 3.4 percent to 97.4 from an upwardly revised 94.2 in… Read More

    Most force-placed insurance following new rules

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    #482143257 / gettyimages.com   TALLAHASSEE, Fla. – April 14, 2014 – The Florida Office of Insurance Regulation (FOIR) has issued a Consent Order to Praetorian Insurance Company, Florida’s second largest lender-placed insurance (LPI) provider, requiring the modification of its business practices related to property insurance policies that lenders apply to homeowners whose private insurance has… Read More

    Cash is still king – but from a different kingdom

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    #116362255 / gettyimages.com On June 4, 2014 – A record number of homeowners are using the increased equity in their current homes to buy their next homes, and they’re paying cash to avoid the mortgage process altogether. About 29 percent of non-investment buyers used cash to fund their housing transactions in the first quarter of… Read More

    Mortgage availability hits 3-year high

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    #96614658 / gettyimages.com   WASHINGTON – April 14, 2014 – Access to mortgage credit is at its highest level in at least three years, and credit standards are expected to loosen even more this year, according to a newly released index by the Mortgage Bankers Association (MBA). MBA’s index, which tracks mortgage credit availability, shows… Read More

    U.S. Real Estate and Sanctions Against Russia

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    #184282094 / gettyimages.com   It’s been easy to shrug off the US sanctions against Russia as something that only impacts people half a world away. That could be changing. Anecdotal evidence suggests that wealthy Russians, who have become a big part of the luxury real estate market in places like New York and Miami, may… Read More

    NAHB – index reading shows recovery continues to spread

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    #458170991 / gettyimages.com   Of the approximately 350 metro markets nationwide, 59 returned to or exceeded their last normal levels of economic and housing activity, according to the National Association of Home Builders (NAHB)/First American Leading Markets Index (LMI), released today. This represents a net gain of 11 metros year over year.  The index’s nationwide… Read More

    Oil prices drop on reports Libya ports will re-open

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    #148238597 / gettyimages.com   Crude for May delivery CLM4 +0.05%   fell 62 cents, or 0.6%, to settle at $100.52 a barrel in electronic trading. On Friday, crude rose nearly 1% to settle at $101.14 a barrel on the New York Mercantile Exchange, the highest close since March 31. Prices still lost 0.5% for the week,… Read More

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