Industry News

 

Smith Listings, Agents and Sales in the News

  • Mansion Global: For U.S. Home Sellers, the Days of ‘Putting a Sign in the Yard and Getting 10 Offers’ Is Over

  • The US Business Report: The Top 50 Business Leaders of Tampa for 2022

  • New York Post: Derek Jeter’s Florida mansion that Tom Brady rented to be demolished

  • Tampa Bay Times: Demolition planned for Derek Jeter’s former $22.5 M Tampa mansion

  • WFLA: Derek Jeter’s $22M Tampa Bay mansion to be demolished

  • Fox 13: Davis Islands home once owned by Derek Jeter, rented by Tom Brady could be demolished

  • Luxury Portfolio: LuxeSelect September 2022: Curated homes starting at $3 million

  • Tampa Bay 100: Altura Bayshore Opens Newly Expanded Sales…

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Your primary residence. A vacation home. An investment property. When it comes to investments, real estate continues to be one of the more relatively safe bets. On the luxury side, investors typically focus on exclusive, unique, eclectic properties or sit in ideal locations (think beachfront properties like homes, condos, or townhomes).

Put another way: Luxury properties are not all about the price. Investing in a luxury property means buying a property that offers unique and exclusive amenities—for example, location, location, location (you knew we were going to go there). Luxury homes in the Tampa area typically are near the water and have access to activities such as high-end shopping, dining, the arts, and outdoor enthusiast areas. Being in close…

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Get ready. Get set. Go. Your house is on the market. Are you ready to show? Have you done everything you’ve needed to open the proverbial floodgates?

 

House is clean. Check.

Notices sent. Check.

Social media strategy set. Check.

Coordination with realtors in play. Check.

 

Here’s the thing: If you’re putting your home on the market in the Tampa or St. Pete area, you are going to get traffic—both via digital home tours and in-person. Tampa Bay and St. Petersburg is among the most attractive home markets in the country right now. That is not going to be an issue at all.

The thing you want in your corner—the part of the process that really kicks everything into gear—is that “wow” factor. What does your home offer that no other home…

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How do you get your home "tour" ready? That is the question. And while the answer still centers on the age-old premises of cleaning and decluttering, some of the strategies and techniques for Tampa and St. Pete home sellers have transformed over the past few years.

You need to move fast. Let people know. Get your real estate agent involved. Show that your house can be the foundation for the next owner's legacy. Each of those are vital pieces to the puzzle.

Some of the changes—that transformation—come as a result of the recent pandemic. So while you can still have prospective buyers stroll through an open house, the whole home tour process continues to move more digital.

More real estate agents are doing virtual tours, which rely heavily on social…

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The Tampa Bay real estate market is attracting attention as one of the top regions in the country for relocation and investing and continues to grow. With life resurging after the pandemic and businesses regaining their strength, many real estate developments are in full gear.


Pendry Residences Tampa

Located in the heart of Tampa's dynamic downtown, the Pendry Residences Tampa creates an urban oasis along the city's popular Riverwalk waterfront district. Expected to open to residences in 2025, the high-end homes are in high demand and will be located on the top floors of the exclusive Pendry Hotel. The Pendry Tampa will feature 220 guestrooms and suites and 207 Pendry Residences, where homeowners will have a private residential lobby,…

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Just how attractive is Tampa's growing real estate market? Ask Netflix, which decided to spin off one of its popular shows, "Selling Sunset," into a series about Tampa's beautiful communities, sunny shores, and Floridian charm. The widely successful series "Selling Tampa" is one of the many attributes funneling attention to what is quickly becoming Florida's favorite real estate destination.

Where to start?

Tampa has 2022's hottest housing market. Not only is Tampa beating out other Florida cities like Jacksonville, Miami, and Orlando, but also major metro areas like Phoenix, AZ, and Austin, Texas*.

Suppose you're looking for the distinctive attributes that lifted Tampa over the rest. In that case, today's home buyers are driven to the area for…

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Home value growth. Scarcity. Availability. The number of potential buyers. When potential buyers scout out the best places to find real estate, these are some items that top their lists—a set of factors that strike at the heart of what people are looking for when investing in a place to call home.

The secret has long been out: Tampa has it all—and more. Along with being ranked the US' hottest housing market in 2022*, the area is steeped in attributes, including beautiful homes and schools, a thriving job market, and a place that continues to be resistant to market fluctuations—housing, economic or otherwise.

That's not all. With home values growing faster than nearly anywhere else in the state—as well as the top national rankings—Tampa is becoming a…

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Make no mistake about it, the ultimate home theater setup is the stuff of legend. Larger-than-life screens. Deaf-defying sound systems. Plush, comfortable seating. Intimate, mood-setting lighting. An experience that, if done right, rivals any trip to the local multiplex.

With the past two years changing our social engagement patterns, the home theater has once again become one of the more vaunted spaces in today's luxury homes. Today's luxury home theater is not just a big-screen TV, comfy sofa, and surround sound, but a place where you can genuinely express your avant-garde personality.

So, whether you're watching the latest major motion picture release debuting on your favorite streaming service, cheering on your favorite sports team, or doing…

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Nothing dresses up your luxury home like a swimming pool—that secluded backyard paradise homeowners crave to help keep the rest of the world at bay. Over the past two years, the pandemic has made that backyard oasis one of the most sought-after amenities on today's luxury home market. For example, according to HomeLight's "Top Agent Insights Survey for Spring 2021," pre-pandemic, homes with in-ground pools were selling for an estimated $16,137 more than homes without a pool. 

Today, those same homes sell for about $27,199 more than homes without pools—a 69% increase.

Along with being an eye-catching addition to your home's overall personality, a luxury pool offers a variety of benefits that Tampa area homeowners and buyers seek. 

And what's a…

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The good news is that the Tampa area ended 2021 as one of the hottest housing markets in the country with average home values skyrocketing nearly 30% by year’s end. And if that was not enough, heading into 2022, Zillow* jettisoned Tampa from the fourth spot to No. 1 on its list of the hottest housing markets in the US listing.

 Add this good news to the fact that another round of new residents streaming into the Bay area in 2022 will help drive home prices up again.

What does it all mean for luxury home buyers in Tampa? According to real estate site Redfin*, Tampa lands at No. 21 on the luxury real estate markets in the US list, with $1.2 million as the starting point for a luxury property and a median list price of $320,000. The top listing last…

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