Entries by DomresRealEstate

Report: Tampa metro a top market for flippers despite a nationwide drop in ROI

A recent report by ATTOM Data Solutions, a property data company, found the Tampa-St. Petersburg-Clearwater metro area is among the most popular markets for flipping houses. The bay area ranks as the seventh most popular metro for flipping with 9.3 percent of total home sales in 2019 flips. That rate is up 14 percent from 2018 and up 47.2 percent from a decade ago. According to ATTOM’s data, the median purchase price for a Tampa house in 2019 was $139,900 and a flipped house sold for a median…

Yes on fees: Tampa Bay Builders Association supports increasing school impact fees in Hillsborough County

In a statement this week, the Tampa Bay Builders Association said it is in full support of increasing school impact fees in Hillsborough County from approximately $4,000 to $9,000 per new home, a 125 percent increase over current school impact fees. The fees help the Hillsborough County School District ease overcrowding and accelerate the building of new schools in South County and other areas, TBBA said in the statement. The TBBA is an association of builders, developers, contractors and others…