Mike Valdes - Class 1 Realty LLC

Check out the latest mid-Florida real estate market stats from Stellar MLS https://wix.to/z4RUfm1

June 2024 Real Estate Market Stats in Mid-Florida: A Data-Driven Analysis The real estate market in Mid-Florida is always a hot topic of conversation, and the latest data released by Stellar MLS for June 2024 provides invaluable insights into the current state of affairs. As we delve into the numbers and trends, we can gain a clearer understanding of what potential buyers...

was just ranked by as the #1 large city for !

Lots of Fla. Cities ‘Best for First-Time Homebuyers’ What makes a city “best” for first-timers? WalletHub looked at 22 key indicators, such as attractiveness, affordability and quality of life. Top of the list? Palm Bay.

FYI $35K in down payment assistance for new home buyers starts Monday!

$35,000 Down Payment Assistance from Florida's Hometown Heroes Program Discover the Florida Hometown Heroes Program, offering a generous $35,000 down payment assistance for first-time home buyers in eligible professions. Turn your dream of homeownership in Florida into a reality today!

Check out this great budget priced condo in the highly sought after neighborhood of original Carrollwood with multi-million dollar homes across the street!

10361 Carrollwood Lane UNIT #156, Tampa, FL 33618 | MLS# T3450952 Located in the exceptional community of The Grand at Olde Carrollwood, this great maintenance-free second floor 1 bedroom 1 bath condo has a spacious screened in patio with lovely views and a...

Tampa Bay FL Home values are changing rapidly... Find out what your home is worth instantly!

What's my home worth? (It's free for homeowners!) Homebot is a monthly financial dashboard that enables you to maximize the wealth from the single largest asset you will ever own.

Mid Florida Real Estate inventory is back down to 1 month!

MLS Local Market Insight February 2023 Mid Florida Regional Local Real Estate Market Insight Report for February 2023

Ever wonder what your home could rent for as an airbnb? https://www.flapropertyfinder.com/airbnb-rent-potential-for-homeowners

Airbnb Rent Potential for Homeowners Airbnb Rent Potential for Homeowners

Bungalows in Tampa FL are very popular with homebuyers!

Bungaglows for Sale in Tampa FL If you're in the market for a new home in the Tampa Bay area, you might want to consider a bungalow. These cozy, single-story homes are a popular choice for homebuyers who value charm, character, and affordability. In this blog post, we'll explore some of the best bungalows for sale in...

Mike Valdes is now a certified agent for the 72Sold national program!
https://www.flapropertyfinder.com/72sold-tampa

We have a 3 bedroom 1,973 sqft luxury rental in the Towers of Channelside becoming available July 1... Call/text 813-548-5618 for details

Great news, homebuyers! Today the City of Tampa is expanding its Dare to Own the Dream program to help income-eligible first-time homebuyers achieve the dream of homeownership.

The City is now increasing the threshold for purchase price by $60k from a maximum of $240,000 to $300,000.

The program offers forgivable loans based on Area Medium Income for homeowners that live in their property for at least 10 years. Learn more:

As Housing Market Tightens, City Expands Housing Program Cheryl Hodges Cummings, a DARE recipient, closed on her first home in December 2021. She also received assistance through the East Tampa Community Redevelopment Area fund. With housing affordability at the forefront of Mayor Jane Castor's priorities, the City of Tampa has expanded one of its housing...

🔥🔥 ***JUST LISTED*** 🏡🏡Buyers circling already - see it before it's too late! - Check out this large 3,130 square foot (heated) home for sale with six bedrooms and three bathrooms, guaranteed to give you a lot of home for your money. The large kitchen, cafe and family room are spacious and open, with an outdoor view.... Click to Learn More

6 Bedroom Homes for Sale in Tampa Bay FL Learn More: https://search.mikevaldesteam.com/listing-detail/138187736Check out this large 3,130 square foot (heated) home for sale with six bedrooms and thr...

NAR Real Estate Economist Update:

Instant Reaction: Mortgage Rates, August 26, 2021 According to the mortgage finance provider Freddie Mac, the 30-year fixed mortgage rate inched up to 2.87% from 2.86% the previous week. Mortgage rates will likely rise in the following months; NAR forecasts the 30-year fixed mortgage rate to average 3.2% from October through December 2021.

NAR Real Estate Economist Update:

July 2021 Existing-Home Sales Rise With the Aid of More Supply Housing market activity this July inclined 2.0% from June 2021, reaching a 5.99 million seasonally adjusted annual rate.

NAR Real Estate Economist Update:

Commercial Weekly: Mid-size Metros Show Stronger Commercial Market Conditions as of 2021 Q2 As of the second quarter of 2021, the largest metro areas (with populations of at least 2 million) are experiencing the toughest commercial market conditions compared to smaller markets.

NAR Real Estate Economist Update:

Migration in the First Half of 2021 Where do people move a year into the pandemic? Are suburbs and small cities gaining even more movers? As companies look beyond the pandemic, many are deciding whether to bring employees back to offices or allow them to work remotely and move away permanently.

NAR Real Estate Economist Update:

Housing Affordability Weakens in June as Home Prices Ascend Affordability declined in June compared to one year ago as the median family incomes rose by 2.3%, while the monthly mortgage payment increased 21.5%.

NAR Real Estate Economist Update:

www.nar.realtor

Local Celebrity Real Estate Update

NHL Tampa Bay Lightning Captain Steven Stamkos sells home on Davis Islands NHL Tampa Bay Lightning Captain Steven Stamkos sells home on Davis Islands

NAR Real Estate Economist Update:

Instant Reaction: Retail Trade Sales, August 17, 2021 Retail sales recorded a seasonally adjusted total of $617.7 billion in July, a 1.1% decrease from the prior month.

NAR Real Estate Economist Update:

Single-Family Home Prices Rose in 99% of 183 Metro Areas in 2021 Q2 The year started off with strong home price growth and continued for the second quarter of 2021, with 94% of the markets showing double-digit home price appreciation. National median prices rose 22.9% year over year to $357,900.

NAR Real Estate Economist Update:

Instant Reaction: Jobs, August 6, 2021 The job market continues to make progress, with nearly a million more employed in the latest month. Compared to the peak employment of the pre-pandemic period, another 5.7 million jobs are still needed, which could happen by the end of the year or in early 2022.

NAR Real Estate Economist Update:

Instant Reaction: Mortgage Rates, August 5, 2021 The 30-year fixed mortgage rate fell to 2.77% from 2.80% the previous week, which translates to more homebuyers being able to benefit from historically low mortgage rates.

NAR Real Estate Economist Update:

Outlying Counties of Metro Areas Show Stronger Housing Conditions Than in Central Counties Home listings data from Realtor.com as of June 2021 indicates that housing demand in outlying counties of metropolitan areas is growing at a more robust pace than in the central counties, although both outlying and central counties are performing remarkably well compared to pre-pandemic conditions.

NAR Real Estate Economist Update:

Pending Home Sales Decline 1.9% in June 2021 June's pending home sales pace declined 1.9% last month and fell 1.9% from a year ago.

NAR Real Estate Economist Update:

Tracking Housing Construction at the Local Level: June 2021 Housing starts rose strongly in June, above 1.6 million units and housing inventory has also modestly improved in the last several months.

Wheaton Bekins moving discounts 💰 now available for Mike Valdes Team Clients moving to or from Florida!! https://www.flapropertyfinder.com/wheaton-bekins-florida-moving-discounts

NAR Real Estate Economist Update:

Buyer Competition Intensifies: 4 Offers for Every Home Sold in February 2021 With demand for homes outpacing new listings, buyer competition continues to intensify.