ForeSite Residential Real Estate

10/27/2021

And the beat goes on... Great news for St Pete.

Plans have been revealed for a 15-story, mixed-use complex that would be built on the corner of 8th Street and 4th Avenue South. The proposed $65.4 million development - dubbed the Tuxedo Court - will house 260 residential units and 2,700 square feet of ground-floor retail/restaurant space. The site...

10/22/2021

NAHB today called on Congress and the Biden administration to help ease building material supply chain bottlenecks that are harming housing affordability by removing trade barriers and seeking solutions to port congestion and persistent delays in truck and rail transportation.

10/19/2021

On the heels of the groundbreaking of St. Pete’s future tallest tower , another residential tower has been announced for downtown. Yesterday, New York-based developer Red Apple Group held a ceremonial groundbreaking for the Residences at 400 Central , a 46-story, 515-foot condo tower planned for

10/11/2021

"With home prices expected to continue to appreciate in the coming years, homebuyers have an opportunity to start the long-term wealth-building process right now."

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A recent survey from LendingTree.com found there are multiple reasons why Americans would choose to purchase a home instead of renting.

10/08/2021

If you’re trying to decide whether or not to sell your house, this is the time to think seriously about making a move.

10/06/2021

There’s a well-known economic theory – the law of supply and demand – that explains what’s happening with prices in the current real estate market.

10/05/2021

"...if you’re either a first-time homebuyer or a current homeowner thinking of moving into a home that better fits your current needs, keep abreast of what’s happening with mortgage rates."

Every Thursday, Freddie Mac releases the results of their Primary Mortgage Market Survey which reveals the most recent movement in the 30-year fixed mortgage rate.

09/22/2021

"NAR backs the new structure that charges by individual home rather than flood zone, but it’s facing opposition from other real estate groups."

The Biden administration doesn’t plan to stop FEMA’s “Risk Rating 2.0” from going into effect, leaving Congressional leaders to decide. NAR backs the new structure that charges by individual home rather than flood zone, but it’s facing opposition from other real estate groups.

09/13/2021

"It’s important to know that your safety is still a top priority when it comes to selling this year. Connect with your trusted real estate advisor today to see what tools are available that can help you take advantage of today’s sellers’ market." ...Let's talk.

If you’re on the fence about whether or not you want to sell your house this year, there’s good news.

09/03/2021

"To find the best list price, your agent balances current market demand, values of homes in your neighborhood, where prices are headed, and your home’s condition."

Some Highlights Pricing your house right takes market experience and expertise. To find the best list price, your agent balances current market demand, values of homes in your neighborhood, where prices are headed, and your home’s condition. If you’re ready to sell, don’t guess on the price. R...

09/02/2021

"...developers say local governments’ construction fees make it almost impossible to build affordable housing."

On top of supply-line problems and worker shortages, developers say local governments’ construction fees make it almost impossible to build affordable housing.