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Archive for April, 2008

Renovation Kudos - Old Pasadena - St Petersburg

Old Pasadena Renovation

This afternoon Tami and I visited friends to see the renovation (restoration and addition) they’d done on their historic home in Old Pasadena, a historic neighborhood in southwest St Petersburg. The home is set on 1/2 acre of tropical landscaping, with gardens, patios and wonderful privacy, just a 5 minute walk from Boca Ciega Bay. Built in the booming Read the rest of this entry »

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Are short sales a good deal?

Lately we’ve had many buyers asking to see short sales, because they’ve read so much about what bargains they are. We caution them that in our experience, though we’ve had several short sale “contracts” accepted by sellers, we have had none that actually closed. Any contract will be subject to acceptance by the lender - and if there are additional mortgages, a home equity loan, or a business loan secured by the home, the issues increase significantly and the likelihood of a closing diminishes. Read the rest of this entry »

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Downtown St Petersburg: another view

Downtown St Petersburg experienced as “a tourist” was the topic of a recent blog post by Shakespeare’s Sister. She and her husband spent the weekend at Inn at the Bay and enjoyed downtown St Pete. Moon Under Water and Paciugo’s gelaterie were restaurant stops, and they enjoyed the Saturday morning market, SPIFFS St Petersburg International Folk Fair and the Festival of Speeds. Check her post for impressions and photos.

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Recent $5,600,000 Tampa sale still doesn’t match Pinellas County

A near-record sale just closed in Tampa when Joel Glazer, Executive Vice President of the Tampa Bay Buccaneers football team, purchased his waterfront home on Harbour Island in March for $5,600,000. The only residential sale that has topped that in Tampa was a home built by Alvarez Homes in Avila, which sold in 2001 for $5,800,000.

Interestingly, the record residential sale Read the rest of this entry »

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