Archives

Fantastic opportunity to own a custom Mediterranean waterfront home in the exclusive gated community of Andalucia! This home has been remodeled from top to bottom. New kitchen with granite counter tops, stainless appliances, and wine cooler. Crown molding throughout the entire home, newly landscaped, new 12K lb. boatlift, fantastic wood flooring… the list goes on! Want to see the list? Call us today for to see this home and we’ll send you the list before we go! By the way, for those who are boaters, 5 minutes out to the open waters of Tampa Bay. You have to see it!

Click Here for Video Tour

Michele Herndon

813-523-9222

Michele@TampaAndBeyond.com

http://www.TampaAndBeyond.com

http://www.TampaAndBeyondLuxury.com

http://www.ApolloBeachLuxuryHomes.com

Gorgeous waterfront 4 bedroom 3 bath home located in the prestigious community of Andalucia.  Gourmet cooks will love this extra large kitchen with granite counter tops, instant hot water dispenser, cooking island, and oak cabinets, or cook and pass through to the summer kitchen area where you can dine al fresco in the pool/lanai area.  The self leveling pool is large enough to swim laps and has its own full bath and storage closet.  The lanai and path to the dock have pavers. Get cozy in the family room by the fireplace that is gas or wood burning.  The master bedroom has a balcony that has beautiful views of Tampa Bay. The bonus room can be used as an office, playroom or lounging area.  Enjoy relaxing in the master bath jacuzzi tub.  Plenty of room for entertaining in the formal dining room and living room. Total square footage under roof 4459. Keep your boat on the lift and be to Tampa Bay and then out to the Gulf in no time at all. The community is gated and guarded and features a club house with pool overlooking Tampa Bay, clay tennis courts, a marina, a 240′ jetty where you can fish or watch the sunsets.   Come enjoy the serene luxurious Florida lifestyle in Andalucia.

Click here for video.

Michele Herndon

813-523-9222

Michele@TampaAndBeyond.com

http://www.TampaAndBeyond.com

http://www.TampaAndBeyondLuxury.com

http://www.ApolloBeachLuxuryHomes.com

Nestled in the cozy coastal community of Mirabay you’ll find this gorgeous, like-new Home by WestBay. Sit on the front porch to have morning coffee as the sun comes up. Enter into the broad foyer to find an oversized office/den area and the GRAND Great Room ahead. Find your favorite cook in his or her dream kitchen with all stainless appliances and granite countertops boasts a center island second to none. The wood floors exude warmth throughout the first floor as family and friends enjoy the “big game”. Venture out to the screened lanai where you can pocket all of the screen doors to gain entry to the over-sized pool deck with brick pavers. Enjoy a cocktail while sitting in your favorite Adirondack chair on the shelf in the pool. Watch the sun go down into the brightly hued brick and orange tinted sky. You can’t put a boat in the water behind the house, but you sure can enjoy the view! Time to find slumber in the Master Bedroom downstairs, send your guests up to their private bedroom, bathroom, and bonus room upstairs. Tuck everyone into bed, rest easy, you are home.  Offered at $372,800.

Click here for video tour.

Call today to schedule your private tour!

Michele Herndon

813-523-9222

Michele@TampaAndBeyond.com

http://www.TampaAndBeyond.com

http://www.TampaAndBeyondLuxury.com

http://www.ApolloBeachLuxuryHomes.com

For the first-time buyer, renting is still more expensive than buying.  Today it is 44% cheaper to buy vs renting.  In fact, homeownership is cheaper than renting in all of America’s 100 largest metros.  That’s because falling mortgage rates have kept buying almost as affordable, relative to renting, as it was last year.  As a matter of fact, they have a great interactive map (click on map to access).  You can put in, you know 20% down payment, a 10 percent down payment and find out in all those metropolitan areas whether is’s cheaper to buy or cheaper to rent.

But that opportunity isn’t going to be there forever; Trulia even addressed that, Jeff Kolko, their chief economists, said “Although buying a home is still cheaper than renting, the gap is closing.  In 2013, the home prices should rise faster than rents, and mortgage rates are likely to rise in the next year as as the economy improves.”

People who didn’t buy a home last year may have missed the bottom of the market, but they haven’t completely missed the boat.  Buying remains cheaper than renting.  You should act now! ~ Courtesy of KCM Crew

Michele Herndon

Michele@TampaAndBeyond.com

813-523-9222

http://www.TampaAndBeyond.com

http://www.TampaAndBeyondLuxury.com

http://www.ApolloBeachLuxuryHomes.com

Breaking down the Home Expectation Survey a little more, if we go back to pre-bubble appreciation, the pre-bubble trend, and we look between 2013 to 2017, the economists and the analysts said that a normal trend line would give us a 22% appreciation over that period of time.  If we take a look at what the Bulls projected, the people that were the most optimistic, if we pull out just what they think, they see that over those couple of years we could have a 34% appreciation.  The Bears, the most pessimistic, still think prices are going to go up over the next couple of years at 11.7%.  But again, if we take all of the projections into consideration, they are saying that we’ll be back to normal appreciation over those years, at that 22% trend line. ~  Courtesy of KCM Crew

Michele Herndon

Michele@TampaAndBeyond.com

813-523-9222

http://www.TampaAndBeyond.com

http://www.TampaAndBeyondLuxury.com

http://www.ApolloBeachLuxuryHomes.com

If we break down the Home Price Expectation Survey year by year, in 2013, they’re projecting 4.6% increasing in prices and 4.2% in 2014.  Then it’s going to balance out closer to that 3.6% historic number, the number that it was before there was any boom or bust.   It’s important to understand that 118 of the leading analysts in the country mashing all their opinions together, show us their price is to go up this year and next year pretty substantially, and then it’s going to balance out to a normal appreciation.  ~ Courtesy of KCM Crew

Michele Herndon

Michele@TampaAndBeyond.com

813-523-9222

http://www.TampaAndBeyond.com

http://www.TampaAndBeyondLuxury.com

http://www.ApolloBeachLuxuryHomes.com

The nationwide panel of 118 economists, real estate experts and investment and market strategists expects home values to end 2013 up an average of 4.6 percent according to the first quarter Home Price Expectations Survey.  They believe that there’s going to be an average of 4.6%.  4.6% of our prices are going to go up in 2013.  Let’s get a historical perspective on that.  The pre-bubble number is 3.6%, meaning houses in this country go up about 3 1/2 a year.  During the bubble from January 2000 to April 2007, that number almost tripled to 10.4%.  That was the anomaly.  That wasn’t natural.  We went from 3.6% annual appreciation to a 10.4% annual appreciation for almost seven years.  What that necessitated was a correction, and that’s what happened between May of 2007 and October of 2011, where we had a 5.8% drop in prices during that period of time.

Well, since November 2011 to January 2013, prices have actually gone up 5.1%.  Now the pendulum’s swung too far; it’s coming back around.  And what the Home Price Expectations Survey, those 118 leading analysts think, is that between 2013 and 2017, we’re going to have about a 4.1% annual appreciation, meaning over the next 5 years the annual appreciation of homes in this country is going to be greater than the historic number of 3.6.  Prices are going up, they’re going up for five years, and on average it’s going to be better than what it was before the boom.  Not crazy numbers that have to adjust, but just a catch-up number. ~ Courtesy of KCM Crew

Michele Herndon

813-523-9222

Michele@TampaAndBeyond.com

http://www.TampaAndBeyond.com

http://www.TampaAndBeyondLuxury.com

http://www.ApolloBeachLuxuryHomes.com

We have the last two quarters of 2010 going all the way through fourth quarter 2012 represented here.  What we can see is that in the second half of the year, the third and fourth quarter, prices dropped in 2010.  They started to come back in the first quarter of 2011, then dropped again at the end of 2011.  The beginning of 2012, they shot up.  And remember we talked about that since for the last two years they had dropped in the second half of the year, many people projected that would happen again.  Well, we didn’t have that major fall off everyone thought.  In the second half of 2012, prices didn’t drop dramatically.  What they did is stabilize.  ~ Courtesy of KCM Crew

Michele Herndon

Michele@TampaAndBeyond.com

813-523-9222

http://www.TampaAndBeyond.com

http://www.TampaAndBeyondLuxury.com

http://www.ApolloBeachLuxuryHomes.com

There’s really no doubt any longer that the market is back.  As far as return on investment, we keep on hearing how well the stock market is doing, and, you know, we’re very, very happy the stock market is doing much, much better.  If we look at January 2000 to April of this year, as far as return on investment, housing is still a better return on investment.  ~ Courtesy of KCM Crew

Michele Herndon

813-523-9222

Michele@TampaAndBeyond.com

http://www.TampaAndBeyond.com

http://www.TampaAndBeyondLuxury.com

http://www.ApolloBeachLuxuryHomes.com

If we take a look at a $200,000 mortgage, you know, just weeks ago you could have gotten an interest rate at 3.4%.  If the Mortgage Bankers Association is right and it creeps up to 4.4% by the end of the year, the difference in payment would be $114.56.    Bernanke came out and made a statement: “If, as the Federal Open Market Committee anticipates, the economic recovery continues at a moderate pace, with unemployment slowly declining and inflation expectations remaining near 2%” – meaning inflation’s not taking off – “then long-term interest rates would be expected to rise gradually toward more normal levels over the next several years.”  So you can see that not just the Mortgage Bankers Association, Bernanke himself said over the next couple of year’s we’re going to get back to more normal rates.  6.5% is what had been normal over the last 30 years. ~ Courtesy of KCM Crew

Michele Herndon

813-523-9222

Michele@TampaAndBeyond.com

http://www.TampaAndBeyond.com

http://www.TampaAndBeyondLuxury.com

http://www.ApolloBeachLuxuryHomes.com