Viki Georgiadis Real Estate

04/20/2026

I am blessed to work with wonderful clients that I can now call friends. 🙏

03/13/2026

Inventory is rising and prices are falling heading into spring. Mortgage rates ticked up to 6.11% after briefly dipping into the 5% range, but remain well below year-ago levels. Despite softer job numbers adding some uncertainty, Realtor.com economists say all signs point to a "very buyer-friendly spring home shopping season."

03/01/2026

Rising HOA fees and insurance costs are squeezing Florida condo owners, and prices are falling as a result. In August 2025, the median condo price dropped to $285,000—down 8.1% year over year and 14% below the July 2023 peak, per Realtor.com data. It’s the biggest August annual decline since 2010, when prices fell 18.4%.

"Florida’s condo market appears to be softening due to several factors, including rising home insurance costs, elevated HOA fees, and increasing climate-related risks," says Hannah Jones, senior economic research analyst at Realtor.com.

02/27/2026

The housing market is finally shifting in buyers' favor.

Home inventory is up, prices are down 2.4%, and mortgage rates have dropped to 5.98%, the lowest in over three years. More homes are available to choose from, prices are falling, and borrowing costs are cheaper, making spring an ideal time to buy.

02/20/2026

Current Status: The "HJR 203" Resolution to “Eliminate” Property Taxes for Homesteaded Properties

• Passed the House: On February 19, 2026, the Florida House of Representatives approved HJR 203 with an 80-30 vote.

• Not Yet Law: This is a proposed constitutional amendment, not a standard bill. To become law, it must still pass the Florida Senate (which currently has different ideas) by a three-fifths majority.

• Voter Approval Needed: Even if the Senate agrees, it won't be final until 60% of Florida voters approve it on the November 2026 ballot.

What the Proposal Actually Does:

It is important to note that even this "elimination" isn't a total wipeout of all property taxes:

• Excludes School Taxes: The proposal targets non-school property taxes (city and county levies). You would still likely pay the portion of your taxes that funds local school districts.

• Phase-Out Period: The current version of the bill suggests a gradual phase-out by increasing homestead exemptions by $100,000 every year for 10 years, starting in 2027.

• Primary Residences Only: This would only apply to "homesteaded" properties (your primary home).

02/20/2026

12/19/2025

November saw a small bump in existing-home sales, but inventory is stalling. Read more from NAR’s latest housing report.

12/12/2025

LEASED

11/03/2025

Pinellas County Market Update: Q4 2025

The Pinellas County real estate market has fully transitioned from the fast-paced frenzy of 2021-2023. As we close out the year, the key word is "Correction." If you're buying, selling, or just curious, here’s what my data and local agent reports are showing right now:

Sellers: It’s Time for a Reality Check, Not a Retreat

Pinellas is officially in a Balanced Market (meaning supply and demand are roughly equal). What does this mean for your listing?

* Longer Days on Market (DOM): The median time a home spends on the market has increased significantly, now averaging 64 to 87 days. Homes are no longer selling in a weekend unless they are perfectly priced.

* The Price Correction is Real: The median sale price for all homes is showing a year-over-year decline (currently around -5.8% compared to last year's peak). If your home has been listed for 60+ days, it's a strong sign the price is based on outdated 2023/2024 comps.

* The Two-Tier Market:

* Turnkey Homes: Updated, well-staged homes still move quickly.

* Homes Needing Work: These are sitting the longest, as buyers have more choices and are factoring high insurance and renovation costs into their offers. Seller concessions (like closing cost credits) are becoming a powerful tool to secure a contract.

Buyers: This is Your Opportunity!

For the first time in years, buyers have significant leverage.

* Choice is Back: With rising inventory, you no longer have to jump into a desperate bidding war on the first day.

* Negotiate Terms: Buyers are successfully negotiating on price, repairs, and even asking for seller credits to help buy down their interest rate.

* Condo Market Alert: The condo/townhome sector, in particular, is leaning into a Buyer's Market due to higher inventory and buyer hesitation over rising HOA/Insurance costs. If you are looking for a first-time home or a second home, this is where to find the best deals.

My Local Takeaway for Pinellas:

The market is rewarding strategy over speed.

* For Sellers: The best advice is to Price Ahead of the Curve. A bold price reduction now will save you more money in carrying costs (mortgage, insurance, property taxes) than incremental price cuts over the next three months.

* For Buyers: Don't wait for a crash. Inventory is still relatively low compared to pre-pandemic numbers. Lock in a property you love, and you can always refinance when rates drop. The key is finding a motivated seller with a stale listing!

Ready to discuss your Pinellas County real estate goals in this new balanced environment? Send me a DM!

09/20/2025

Current Real Estate Market Update

The current real estate market in Florida is experiencing several notable challenges affecting sellers and buyers statewide. Many regions are facing longer wait times for offers, reflecting a slowdown in buyer activity. Higher interest rates, currently around 7.05% for a 30-year fixed mortgage as of September 18, 2025, have decreased affordability for many potential buyers, making it more challenging for them to secure financing. This economic uncertainty has caused buyers to be more cautious in their purchasing decisions.

As inventory levels rise, competition among listings has intensified, resulting in a more selective buyer base. Buyers may take more time to research options, weigh their decisions, and negotiate harder on prices and terms. For instance, in Florida, the percentage of mortgage applications for refinancing recently reached nearly 60%, reflecting a shift in market dynamics [1] (https://www.freddiemac.com/pmms).

For buyers, this environment presents both challenges and opportunities. While higher mortgage costs may limit some buyers, they also have a wider selection of homes to consider, allowing for careful deliberation.

Overall, these trends indicate a broader slowdown in the Florida real estate market, with significant implications for both sellers and buyers across various regions. Sellers need to be strategic in their pricing and marketing while buyers should be prepared to navigate a more cautious and competitive landscape.

See the mortgage rate a typical consumer might see in the most recent Primary Mortgage Market Survey, updated weekly. The PMMS is focused on conventional, conforming fully-amortizing home purchase loans for borrowers who put 20% down and have excellent credit.

09/15/2025

Price Reduced! $359,900

Open House Dates:
Friday, September 19, 2025, 2:00 P.M. - 5:00 P.M.
Saturday, September 20, 2025, 10:00 A.M. - 2:00 P.M.
Sunday, September 21, 2025, 2:00 P.M. - 5:00 P.M.

Home Features:
> Large Lot 1/4 Acre MOL
> Built-in Entertainment Deck and Bar
> Solar Panels
> Generator
> Centrally located in Clearwater's Sky Crest neighborhood

101 N Corona Ave, Clearwater, FL 33765 is for sale. View 40 photos of this 3 bed, 2 bath, 1118 sqft. single family home with a list price of $359000.

08/04/2025

IN THE HEART OF CLEARWATER!
101 N Corona Ave, Clearwater
$369,900 · 3beds · 2baths

101 N Corona Ave, Clearwater, FL 33765 is for sale. View 40 photos of this 3 bed, 2 bath, 1118 sqft. single family home with a list price of $369900.