Terry Costello Compass St Petersburg Florida

Terry Costello Compass St Petersburg Florida Real Estate Advisor & Yachting Advisor

Florida's Proposed Property Tax Changes: What Property Owners Should Know About The 2026 Save Our Homes ProposalBig chan...
09/26/2026

Florida's Proposed Property Tax Changes: What Property Owners Should Know About The 2026 Save Our Homes Proposal
Big changes may be on the horizon for Florida property owners. In 2026, voters will have their say on a proposed amendment that could reshape our property tax landscape: increasing the homestead exemption to $250,000 for non-school taxes by 2028, and lowering the annual assessment cap to 5% for many non-homestead properties starting January 2027. For those of us invested in Tampa Bay and Saint Petersburg real estate—especially in the luxury and waterfront markets—these adjustments could have a real impact on your property decisions and future planning. As someone who stays closely attuned to the pulse of our local market, I’m always watching for the changes that matter most to homeowners and buyers. If you’re wondering what this could mean for your next move, you’re not alone. Let’s keep an eye on the details as this develops together.


https://www.housing-trends.com/agent-news/terry-costello/1945966-Florida%27s-Proposed-Property-Tax-Changes%3A-What-Property-Owner

COMING SOON! 🏡 Contact me for access to Compass Coming Soon & Exclusive listings and discover properties before they hit...
09/25/2026

COMING SOON! 🏡 Contact me for access to Compass Coming Soon & Exclusive listings and discover properties before they hit the broader market.

09/24/2026

The Housing Market Is Getting More Negotiable
As someone immersed in the Tampa Bay and Saint Petersburg markets, I've noticed a refreshing shift: buyers now have more room to negotiate. With inventory improving, there are more listings to explore, which means less pressure to rush into offers and more time to make thoughtful choices—especially on homes that have lingered or started out overpriced. Sellers, in turn, are adjusting by offering concessions, making repairs, and being flexible with pricing to appeal to serious buyers. For buyers, this is the moment to weigh options carefully and negotiate confidently; for sellers, realistic pricing and strong terms are now key to standing out as the market evolves. My focus on luxury and waterfront homes in our community gives me a front row seat to these changes, and I’m always eager to help clients navigate them with clarity.

09/23/2026

Florida Sales Extend a 10-Month Streak

09/21/2026

U.S. Sellers Adjust Prices for Autumn
As we move into autumn, I've noticed sellers across the U.S.—including right here in Tampa Bay and Saint Petersburg—are adjusting their expectations. Nationally, the median listing price per square foot dipped by about 2% year-over-year in mid-Q3, marking the tenth consecutive month of annual declines. This shift comes after years of rapid growth in home values, and it’s a sign that property owners are more open to price adjustments heading into the fall market. Higher mortgage rates and an air of economic uncertainty mean buyers are taking their time, carefully considering their financing and the true value of each home. From my experience in the luxury and waterfront segment, I see how a growing inventory now gives pre-approved buyers more leverage—they can compare options, negotiate on price, and even revisit neighborhoods that once felt just out of reach. It’s a season where strategic moves can really pay off.

09/19/2026

Genesis 9:13
I do set my bow in the cloud, and it shall be for a token of a covenant between me and the Genesis 9:16
And the bow shall be in the cloud; and I will look upon it, that I may remember the everlasting covenant between God and every living creature of all flesh that is upon the earth.

Buy and Sell a Home Simultaneously: Strategies for SuccessNavigating the process of buying and selling a home at the sam...
09/19/2026

Buy and Sell a Home Simultaneously: Strategies for Success
Navigating the process of buying and selling a home at the same time can feel overwhelming, especially in sought-after areas like Tampa Bay and Saint Petersburg. From my experience guiding clients through these vibrant markets, I've found that selling your home first can help you define your budget clearly—though it might mean arranging for temporary accommodations. On the other hand, purchasing before you sell allows you to move at a more comfortable pace but comes with the risk of managing two mortgages. Some opt for contingent offers, which can protect your interests but may not appeal to every seller. In our dynamic local market, careful planning and a willingness to adapt are the keys to making your transition as seamless as possible.


https://www.housing-trends.com/agent-news/terry-costello/1967861-Buy-and-Sell-a-Home-Simultaneously%3A-Strategies-for-Success

09/16/2026

Terry never gave up in finding me the perfect home. His hard work, attention to detail and overall g...
Let’s connect and talk about the latest insights in the industry!

09/15/2026

Why Exterior Upgrades are a Smart Investment for Homeowners
In Tampa Bay and Saint Petersburg, first impressions can make all the difference—especially with luxury and waterfront properties. As someone deeply connected to our local market, I’ve seen firsthand how exterior upgrades transform not just a home’s curb appeal, but its overall value. Simple enhancements like new garage doors, fresh stone veneer, updated front doors, modern siding, or thoughtfully designed outdoor living spaces can truly set a property apart. These improvements don’t just look great—they deliver real results, often with returns on investment topping 200%. For homeowners looking to maximize energy efficiency, security, and market appeal, these exterior touches are more than just cosmetic—they’re smart moves that help your home shine in our vibrant community.

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102 2nd Avenue NE
Saint Petersburg, FL
33701

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