Wednesday, April 23, 2014

Wesley Chapel to get third I-75 interchange

Laura Kinsler of the Tampa Tribune reports that  Pasco County has received preliminary approval from the Federal Highway Administration to convert Overpass Road into a full access interchange with Interstate 75.

Plans include widening Overpass Road to six lanes and extending it 9 miles from where it currently dead ends at Palm Cove to US 301.  The interchange is expected to be open by 2020 and will be a primary route to the interstate for the future planned Pasadena Hills community of 22,000 acres located between Curley Road & US 301 and State Road 52 & 54.

Saturday, April 19, 2014

Pasco County Citizen Survey

Pasco County is seeking the input from county citizens in its annual survey.  The survey includes questions about quality of life, speed of growth, crime and safety, public transit, recycling, and general services. It also includes several questions specifically related to the State Road 54/56 corridor.  The county estimates that it will take about 20 minutes for citizens to complete the online survey. 

Wednesday, April 16, 2014

Wesley Chapel Outlet Mall Update



A revised site plan for the proposed Wesley Chapel outlet mall on SR 56 (West of I-75) has been submitted to Pasco County.  The outlet mall, located on 57 acres is the first of seven phases for the project and Ronnie Blair of The Tampa Tribune reports that the project will have 1.1 million sq. ft. of retail space.  Previously it was reported that Simon Property Group wanted to start construction this summer with a 2015 opening. 

150,000 Sq. Ft. Ice Hockey Rink for Wesley Chapel

Plans for a 150,000 sq. ft., two story ice hockey rink are now posted on Pasco County's website.  The planned 4 pad, two story ice hockey and multi-sports facility will be located on 15 +/- acres in the NE quadrant of I-75 & SR 56. 

Saturday, April 12, 2014

Tampa in ten most affordable cities in US to retire

 
 
 
Ilyce Glink reports in CBS News that Tampa is in the top 10 cities to retire in the US.  Glink reports:   "We looked at low-tax states with a reasonable cost of living and low median home prices -- to determine 10 of the most affordable places around the country to retire. We then factored in other elements that many retirees might find desirable, including a mix of urban and rural attractions, good weather, easy access to amenities, and quality healthcare options.
 
Tampa
 
Tax burden: Ranked No. 27; 9.3 percent
Cost of living: 7.6 percent below national average
Median home value: $135,000

While other parts of Florida may cater more toward retirees, Tampa is a good option for those who want to retire near the beach, but still have access to urban cultural attractions. Just 11 percent of the population is 65 or older, compared to Florida's average of 17 percent of residents in this age range, according to the Census.
The nearby towns of Sarasota, Bradenton, Clearwater and St. Petersburg also offer other cultural and sporting attractions. Plus, Tampa isn't far from Disney World, a great selling point for retirees with grandchildren."

Sunday, April 06, 2014

Planning on putting your home up for sale?

 
Spring and Summer are typically the best times of the year to sell a home, so now is the time to start preparing your home to put it on the market.
  • Start by removing all clutter.

  • Your home will appeal to the most buyers if it has neutral colors, so seriously consider painting those interior rooms that aren’t neutral.

  • Curb appeal is essential. Consider giving your front door a fresh coat of paint and make sure that the landscaping is neat and attractive. If there ever was a time to have the greenest lawn in the neighborhood, this is it!  Additionally, your house, driveway, and patios may need to be pressure washed.

  • Assess your interior flooring. Getting carpets and grout professionally cleaned can significantly freshen up your home for those buyers.

  • Clean your home thoroughly. I never have had a buyer complain that a home was too clean!

  • Your kitchen and bathrooms need to sparkle! Some recommend limiting your kitchen counter tops to only one small appliance to present a clutter free impression.  Remove all of those refrigerator magnets and pictures too.

  • Plant some red annual flowers outside. The color red pops in pictures and with buyers who drive by.
With over 300 single family homes currently listed for sale in MLS in New Tampa and almost 300 single family homes listed for sale in Wesley Chapel, it is essential that you make your home “the star it can be” before you put it on the market.
 

Saturday, April 05, 2014

Tampa-St. Pete in top 10 US cities with the largest net migration growth


 
NewGeography.com reports that based on the 2013 annual metropolitan area population estimates by the US Census Bureau, there is a "dominance of population growth and domestic migration by the South".

From 2010-2013, 51% of the population increase in the 52 major metro areas was in the South, 30% in the West, 11% in the Northeast, and 8% in the Midwest.

Tampa ranked 10th of the 52 metro areas for the largest domestic net migration growth from 2010-2013.



Friday, April 04, 2014

What prices did homes sell for in March, 2014 In New Tampa?

78% of the single family homes that sold in New Tampa in March sold between $201,000 to $400,000.  The lowest reported sales price in MLS for the month was $142,000 and the highest sales price was $3,475,000 for a Tampa Palms home with over 10,000 sq. ft.




Thursday, April 03, 2014

Spring fair returns to The Shops at Wiregrass

©Russ Perlowski, 2012

Spring fair returns to The Shops at Wiregrass from April 4-13, 2014.  Hours & pricing

All cash sales still strong in Meadow Pointe single family home sales

 
Meadow Pointe Pool & Clubhouse ©Russ Perlowski 

First quarter Meadow Pointe single family home sales show the average sales price increased from $181,855 last year to $217,010 this year.  The average sales price/square foot (heated) increased from $85.42 to $91.65.

All cash sales continued to be strong.  Last year first quarter all cash sales made up 41% of the reported single family home sales in Meadow Pointe and this year they made up 46%.  Distressed sales (Short Sales + REO/Foreclosures) continued to make up about a third of the reported sales in Meadow Pointe.

Currently there are over 30 single family homes listed for sale in our MLS with an average list price of $262,453 and average List Price/Sq. Ft. (heated) of $103.60.

First Quarter 2014 Real Estate Report For New Tampa

The quantity of single family homes sales reported in our MLS for New Tampa (Zip code 33647) in the first quarter of 2014 is down from the first quarter last year, while the average sold price is up:

Total Sold In First Quarter
 
2013:  261
2014:  168
 
Average First Quarter Sales Price:
 
2013:  $289,596.
2014:  $307,275.
 
Average First Quarter Sales Price/Sq. Ft. (Heated)
 
2013:  $98.64
2014:  $108.41
 
Additionally, distressed sales (short sales & Reo/Foreclosures) in the first quarter decreased from 28% in 2013 to 20% in 2014, and all cash sales dropped from 39% to 26%. 
 
Currently there are 313 single family homes for sale in New Tampa with asking prices ranging from $119,900. for a "sinkhole-foreclosure home" (Oh boy!) to $1,350,000. for a 5,392 sq. ft. executive pool home in The Reserve (gated and guarded) of Tampa Palms.
 
 
Russ Perlowski, People's Choice Realty 813-505-7460

Tuesday, April 01, 2014

Most popular features in new single family homes in 2014

Home builders were recently surveyed to determine the features they are most likely to include in single family homes in 2014.

The features they identified are:


  • A walk-in closet in the master bedroom
  • "Low-e" windows & other energy efficiency features
  • A laundry room
  • A great room
  • Granite countertops
  • Double sinks and an island in the kitchen
  • First floor ceilings at least nine feet high
  • Front porch & a patio

Thursday, March 27, 2014

Tampa - St. Petersburg - Clearwater In Top 10 Markets For First Time Homebuyers

Today, Realtor.com ranked Tampa-St. Petersburg-Clearwater as #2 in the nation of the best real estate markets for first time homebuyers.   The five key factors used in the study to determine rankings were popularity, prices, inventory, time on market and unemployment rates.

1.  Pittsburgh, PA
2.  Tampa-St. Petersburg-Clearwater 
3.  Philadelphia, PA-NJ (NJ)
4.  Fort Worth-Arlington, TX
5.  Orlando, FL
6.  Jacksonville, FL
7.  Philadelphia, PA-PA-NJ- (PA)
8.  Dallas, TX
9.  Raleigh-Durham-Chapel Hill, NC
10.  Phoenix-Mesa, AZ

According to the study, the median listing price for Tampa-St. Pete-Clearwater is $169,900 and the MSA has 21,062 listings, a median age of 88 days of inventory, with a 5.9% unemployment rate.




Friday, March 21, 2014

Local Sweetbay stores to close for a week

 
Our two local Sweetbay stores will close April 5th and reopen on April 11th as Winn-Dixie stores:

6425 E. County Line Road, Tampa

27301 S.R. 54, Wesley Chapel

(Note:  The Zephyrhills store located at 38901 SR 54 also will be closed during this timeframe.)

Wednesday, March 19, 2014

Mercedes coming to Wesley Chapel

AutoNation plans to open Pasco's first Mercedes car dealership in Wesley Chapel before the end of the year.  A 45,000 sq. ft. facility with a total investment of $17 million will be located on 5.5 acres on SR 56 at I-75 and will feature a 21,000 sq. ft. showroom with 22 bay service department. 

Wednesday, March 12, 2014

Tampa In Top 20 Of Forbes 100 Most Affordable US Cities in 2014

Forbes ranks the most affordable cities in the 100 largest MSA's and MD's (Metropolitan Statistical Areas and Metropolitan Divisions) in the US for 2014 and Tampa ranks #18.

The ranking according to Forbes:

1.  Buffalo, NY
2.  Memphis, TN
3.  Cincinnati, OH
4.  Dayton, OH
5.  Knoxville, TN
6.  Akron, OH
7.  Grand Rapids, MI
8.  Louisville, KY
9.  Oklahoma City, OK
10.  Warren, MI
11.  Toledo, OH
11.  Detroit, MI
12.  Birmingham, AL
13.  St. Louis, MO
14.  Virginia Beach, VA
15.  Jacksonville, FL
16.  Pittsburgh, PA
17.  Tulsa, OK
18.  Tampa
19.  Syracuse, NY
20.  Columbus, OH

The two least affordable US cities according to Forbes are New York City & Honolulu.

Full article from Forbes



Estancia at Wiregrass

 
The new Wiregrass Ranch community, Estancia is under construction and has not yet opened for sales.  The Wesley Chapel community plans over 1,100 homes on 675 acres.  Here's a sneak peak at what's going on:


Future Clubhouse



Russ Perlowski, People's Choice Realty  813-505-7460

Tuesday, March 11, 2014

Proposed elevated expressway forum draws angry crowd in Pasco

 
The first forum to present the proposed SR 54/56 elevated toll expressway received an angry reception in Land O Lakes. The expressway in south Pasco County could eventually run from US 19 to 301 and a Pasco planning official stated that 12 to 20 lanes will be required on the major east-west SR 54 because of future growth.    Hundreds of residents showed up at the forum and the mood of the crowd was largely against the project. Opponents to the toll road have a Facebook page called Pasco Fiasco.

The next transportation meeting/open house will be held at the Shops at Wiregrass in Wesley Chapel on Saturday from 10-2.  Additional details

Thursday, March 06, 2014

Pasco County MPO to Hold a Series of Public Transportation Workshops

Pasco County Metropolitan Planning Organization (MPO) is seeking citizen input as they develop the 2040 Long Range Transportation Needs Plan.

Additionally, the first round of public outreach sessions regarding the proposed elevated/toll road SR 54/56 project will be included.

The date for the session in Wesley Chapel is:

Saturday, March 15, 10-2 p.m.
Wiregrass Mall
Next to Guest Services Building, Center Court
28211 Paseo Drive, Wesley Chapel, 33543

NOTE:  March 15, 2014  I stopped by today to see the "session" at Wiregrass.  It's a "booth" next to the Customer Service Center, with representatives available to answer questions.  :(

Four other workshops on different dates and locations will also be held.  Link

Tuesday, March 04, 2014

Townhome project proposed for Wiregrass

M/I Homes is proposing a 220 unit townhome project in Wiregrass.  The proposed site is 1/2 mile south of SR 56 and across from Wiregrass Ranch High School on Mansfield Blvd.  The first phase consists of 112 units and the project includes an amenity center. 

Saturday, March 01, 2014

Pier 1 Imports relocating in New Tampa

The Pier 1 Imports store on BBD at I-75 will be relocating to the Highwoods Preserve retail center on BBD (also home to Best Buy,  HomeGoods and Michaels).  Look for the move to happen later this year.