Starting off on Friday, March 31st 7-9pm -2157 !st Ave S, St Petersburg, FLORIDA

Funky Film and Flea Market at Black Crow Coffee Roasting
Shop at Black Crow Coffee Roasting & watch a class B movie. The Night BoHo Market will have booths set up for local vendors including St. Pete Ferments, 9 Lamps, Anchor Skate Supply, Black Moth Candle Company, Bluebird Books & more.  The B-movie classic is Jesse James and Frankenstein’s Daughter. Urban Brew & BBQ will be serving food.

Saturday, April 1st

Tampa Bay Rays Kids Pep Rally at Tropicana Field 10am-1pm
Attend the Kids Pep Rally, presented by Sagicor Life Insurance Company. Free gift for all kids 14 and under. Family oriented entertainers & games, plus kids get to run the bases at Tropicana. Hot cool is that?!?!

Tiny Home Festival at St. Pete Eco Village  10am-6pm 302 15th St N
Learn about the Tiny Home & see some tiny homes. Learn from experts who have studied & made the transition to tiny living. For me-my tiny home is going to have to be on or near the water for it to work.

St. Pete Indie Market in the EDGE District 11am-4pm. 1133 Baum Avenue North.
Local vendors in the Burg gather on Baum Avenue between 10th & 11th Streets N outside of Green Bench Brewing.  Fine art, skateboards, cards, candles, vintage items, furniture, & much more.

Orchid Lei Making Class at Museum of Fine Arts 11am-noon 255 Beach Dr NE
Leis are associated with the graciousness of Hawaii. The MFA, in honor of Art in Bloom, invites you to make your very own orchid lei. Classes are limited to 30 individuals, ages 7 and older. All supplies included. $20 for MFA members, $30 for non-members. Must register in advance.

Feast with the Beasts at Lowry Park Zoo Saturday & Sunday 4-9pm, 1101 West Sligh Ave, 
Tampa’s Lowry Park Zoo is hosting its brand-new food, spirits & wine fundraising festival, Feast with the Beasts! Unlimited sips & bites from restaurants in Tampa among the dinosaurs & live entertainment. Help save animals.
Tampa Bay Rowdies vs Toronto FC II 7:30pm Al Lang Stadium, 230 1st St SE
“Pack the stadium and help show support our local soccer squad as they make the push to join Major League Soccer!” so sayth the Rowdies
Sunday, April 2nd Opening Day for Baseball 
The Rays regular season begins this Sunday at Tropicana Field against the New York Yankees. Support your team!

Please join us for our first CIPS course this year on April 3rd. Register now before it’s too late. It’s just next week! 

Florida accounted for the largest share at 22 percent of total U.S. residential home sales to international clients, which the National Association of REALTORS® estimated at $102.6 Billion. Florida attracted buyers from Latin America, Europe, and Canada who tend to purchase properties in warm climates for vacation purposes. St Petersburg-Tampa-Clearwater is in the top 10 markets in the USA for International BUYERS.

Consider these facts:

  • $19.4 Billion in sales to international buyers for the year ending 6/16
  • 19% of Florida’s market (volume) was to international buyers
    • 47,000 residential properties
    • 12% of Florida’s market (units)
    • 72% made an all-cash purchase

Note: The facts above were provided as part of the National Association of REALTORS® Profile of International Home Buyers in Florida study.

 

CIPS

 

Pinellas International Council 6th Annual Global Symposium-Thank you to David Bennett CEO of PRO, John-Paul Mario Chair of the PRO Business Affiliates, Susan Inez-Poskus CPA from Roberge Poskus, Maria Grulich from Florida Realtors, Bill Risser, VP of Digital Strategy from Fidelity National Title, Don Gonzalez Attorney, Carlos Fuentes NAR instructor, the nearly 100 attendees and all of the PRO Affiliates who sponsored this informative event. Thank you all for making this such great day!!

 

PROFarm_4Qstats_postcard

 

PROFARM Neighborhood Advocates
Q4 2016 Stats (March 2017)

Greetings!

Florida Realtors® recently released the 2016 fourth quarter (October through December) real estate market statistics for the state. I wanted to give you an overview of how our area is performing.

The single family homes real estate markets in Pinellas, Hillsborough and Pasco Counties finished out strong in 2016. Median Sale Price continued to rise through the end of the year in all three counties. Closed Sales in Hillsborough County were up and held about even in Pinellas and Pasco. Pinellas rebounded from being down in Quarter 3 of 2016 year-over-year in Closed Sales.

Inventory has shrunk year-over-year for the fourth quarter in Pinellas and Pasco, but Hillsborough is finally showing signs of an increase in Active Listings (Inventory). Median Days to Contract was down in the Pinellas, Hillsborough and Pasco markets, though the year-over-year margin started to soften in the fourth quarter of 2016.

As your local Realtor® and Neighborhood Advocate, I am your resource for data that affects our communities and your property value. Homeownership affordability and accessibility is a cornerstone of the Realtor® advocacy efforts at every level – local, state and national.

Here are some highlights from the Florida Realtors® Quarter 4 2016 Statistics Release for the Single Family Home Market Segment:

  • Closed Sales: Slightly up for Pinellas County; up for Hillsborough County and down only slightly for Pasco County for Quarter 4 2016 from Quarter 4 2015. This statistic is a good indicator of the overall health of the market, and successful closed sales mean a win-win for both buyers and sellers.
  • Pinellas County: 3,351 Closed Sales Q4 2016 vs. 3,271 Closed Sales Q4 2015, a 2.4% increase
  • Hillsborough County: 4,641 Closed Sales Q4 2016 vs. 4,225 Closed Sales Q4 2015, a 9.8% increase
  • Pasco County: 2,335 Closed Sales Q4 2016 vs. 2,340 Closed Sales Q4 2015, a 0.2% decrease
  • Median Sale Price: Up for Pinellas County, Hillsborough County and Pasco County for Quarter 4 2016 from Quarter 4 2015. The median is the midpoint; half the homes sold for more, half the homes sold for less.
  • Pinellas County: $218,000 Median Sale Price Q4 2016 vs. $185,000 Median Sale Price Q4 2015, a 17.6% increase
  • Hillsborough County: $225,000 Median Sale Price Q4 2016 vs. $205,000 Median Sale Price Q4 2015, a 9.8% increase
  • Pasco County: $185,000 Median Sale Price Q4 2016 vs. $160,000 Median Sale Price Q4 2015, a 15.6% increase
  • Inventory (Active Listings): Down for Pinellas County and Pasco County and up just slightly for Hillsborough County for Quarter 4 2016 from Quarter 4 2015. When inventory is low, there are fewer houses on the market and buyers are often competing for homes or have a tougher time finding a home that suits their exact needs. Flexibility, planning and preparation are key to being able to make an offer on a home when you do find what you’re looking for.
  • Pinellas County: 3,288 Active Listings Q4 2016 vs. 3,317 Active Listings Q4 2015, down 0.9%
  • Hillsborough County: 4,382 Active Listings Q4 2016 vs. 4,364 Active Listings Q4 2015, up 0.4%
  • Pasco County: 2,217 Active Listings Q4 2016 vs. 2,491 Active Listings Q4 2015, down 11.0%
  • Median Days to Contract: Down for Pinellas County, Hillsborough County and Pasco County for Quarter 4 2016 from Quarter 4 2015. The midpoint of the number of days it took for a property to receive a sales contract during that time. The faster a home goes to contract, the less time it is on the market for sale. Another good indicator for sellers and a tool for buyers to understand how to reach their goals in a hot market.
  • Pinellas County: 29 Days Q4 2016 vs. 31 Days Q4 2015, a 6.5% decrease
  • Hillsborough County: 32 Days Q4 2016 vs. 39 Days Q4 2015, a 17.9% decrease
  • Pasco County: 30 Days Q4 2016 vs. 41 Days Q4 2015, a 26.8% decrease

Please don’t hesitate to email me at AnnalisaWeller1@gmail.com or call me at 727-804-6566, if I can be of service. Thank you so much.
© 2017 Pinellas Realtor Organization

Americans love their personal space. A new study by Point2 Homes finds that U.S. homes provide the most space per person when considering house sizes across countries. Americans enjoy 45 percent more personal space than the Brits or the French and 70 percent more space than homeowners living in Spain.

However, Australia still nudges out America when it comes to actual home size. Americans have the second largest homes among the nine countries studied, coming in at 1,901 square feet. Australians boast the largest at 2,032 square feet.

Point2Homes surveyed 29,000 people across nine countries — the U.S., Canada, United Kingdom, France, Germany, Spain, Mexico, Brazil, and Australia. Though they’re living small, it seems Brits dream as big as their cousins down under. On average, respondents in the U.K., Australia, and Mexico identified a “good-size home” as one that contained more than 2,501 square feet. Americans settled on a smaller size to define this aspiration, between 1,501 and 2,000.

Source: “Home Sizes in the U.S.: Expectations vs. Reality,” Point2 Homes (Jan. 30, 2017)

 

According to CoreLogic, cash home sales in the U.S. accounted for 31.8 percent of total home sales in October 2016, down 2.7 percentage points year over year from October 2015. The cash sales share peaked in January 2011 when cash transactions accounted for 46.6 percent of total home sales nationally. Prior to the housing crisis, the cash sales share of total home sales averaged approximately 25 percent. If the cash sales share continues to fall at the same rate it did in October 2016, the share should hit 25 percent by mid-2018.

Fast FAQS

  • The national cash sales share was 31.8 percent in October 2016
  • The national distressed sales share fell 2.9 percentage points year over year from October 2015
  • The national distressed sales share fell in all but eight states

Real estate owned (REO) sales had the largest cash sales share in October 2016 at 59.2 percent. Resales had the next highest cash sales share at 31.7 percent, followed by short sales at 30.2 percent and newly constructed homes at 15.9 percent. While the percentage of REO sales within the all-cash category remained high, REO transactions have declined since peaking in January 2011.

National distressed sales share of total home sales, of which REO sales made up 5 percent and short sales made up 2.6 percent in October 2016. The distressed sales share of 7.7 percent in October 2016 was the lowest distressed sales share for any month since October 2007. At its peak in January 2009, distressed sales totaled 32.4 percent of all sales with REO sales representing 27.9 percent of that share. The pre-crisis share of distressed sales was traditionally about 2 percent. If the current year-over-year decrease in the distressed sales share continues, it will reach that “normal” 2-percent mark in mid-2018.

All but eight states recorded lower distressed sales shares in October 2016 compared with a year earlier. Maryland had the largest share of distressed sales of any state at 18.6 percent in October 2016, followed by Connecticut (18.3 percent), Michigan (17 percent), New Jersey (15.8 percent) and Illinois (14.7 percent). North Dakota had the smallest distressed sales share at 2.7 percent. While some states stand out as having high distressed sales shares, only North Dakota and the District of Columbia are close to their pre-crisis levels (each within one percentage point).

Alabama had the largest cash sales share of any state at 47.5 percent, followed by New York (44.5 percent), Indiana (41.8 percent), Florida (41.5 percent) and Missouri (38.8 percent).

Cash-Sales-SHare-by-Sale-Type-2017.jpg

Distressed-Sales-as-Percentage-of-Total-Sales-2017.jpg

Cash-Sales-SHare-by-Sale-Type-2017-map.jpg
from  http://www.worldpropertyjournal.com/   By Michael Gerrity

Originally International Women’s Day was called International Working Women’s Day. It is celebrated on March 8th every year. The first time it was celebrated was In New York on February 28, 1909, YES 1909!!, to remember the 1908 strike of the International Ladies Garment Worker’s Union in New York City.

In August 1910, an International Women’s Conference was held in Copenhagen, Denmark. 100 women from 17 countries met to promote equal rights. The following year on March 19, 1911 International Women’s Day  was celebrated by over a million people in Austria, Denmark, Germany and Switzerland. Women demanded that they be given the right to vote and to hold public office. They also protested against employment sex discrimination. (Well, some things haven’t changed). For many years it was predominately celebrated in socialist & communist countries. Hmmm…

Not until my generation was it embraced by the USA & much of the world. In 1975 The United Nations began celebrating International Women’s Day because it was also International Women’s Year. 1975!! Then in 1977 the United Nations invited its member to declare March 8th as the United Nations Day for women’s right and world peace.

“Here’s to strong women. May we know them. May we be them. May we raise them.” – Happy International Women’s Day!

San Diego Air & Space Museum 7

There is always a special kind of excitement in the weeks leading up to the race. Our city’s streets are turned into a 1.8 mile racetrack along the waterfront. The track has 14 turns and goes past the Dali Museum, Mahaffey Theatre, around Pioneer Park, along the waterfront past the St Petersburg Harbor & Marina and onto the runways of Albert Whitted Airport. The races include Verizon IndyCar Series, Pirelli World Challenge, Speed Energy Stadium Super Trucks, Indy Lights & Pro Mazda. It has been fun to walk down the middle of the downtown city streets with partial track walls closing in on both streets. I have lived here for 11 years now & I still find all of this so cool.

People come from all over the world to see this race. Some watch from the track stands, others watch from their boats, and some watch from their condos balconies. Of course, it will also be shown on national TV. I will go into the grounds on Friday where one can see the cars up close & sometimes even meet the drivers before or after their practice & qualifying runs.  On Sunday, I will be on the top floor of my parents’ condo building watching with great glee as the race speeds past the building on 2 sides with 2 hairpin turns. Yes, it IS noisy but oh, so awesome!

You can purchase tickets & get more info at  http://gpstpete.com/  in advance or at the gate.

Don’t get left out of this important market! Did you know that 22% of all International buyers in the USA bought property in Florida? International buyers are a significant component of the Florida real estate market. 74% purchase with cash & spend an average of $174, 624 for their Florida-based home. According to National Association of Realtors, between April 2015 & March 2016, two out of three Florida Realtors worked with International buyers last year

Please join us for this very informative day. Excellent speakers & 3 hours of CE credit too!

NOW IS THE TIME to get involved with International Real Estate. Attend our Pinellas International Council’s 6th Annual Global Symposium and learn the proper way to work with buyers & sellers from around the world ! Register here: http://www.calendarwiz.com/calendars/popup.php?op=view&id=108868777&crd=pro

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I am so excited. After a long 58 year break, the St Petersburg Yacht Club Habana Sailing Race has been re-instated this year. The fleet of boats left the St Petersburg harbor this morning at 10am and will sail 284 nautical miles to arrive at the Hemingway Marina in Havana on Thursday, March 2nd. On Saturday there will a Nautical Parade & the Torreon de la Chorrera Regatta to Morro Castle.

castillo-3

photo by Annalisa Weller July 2015

The Micara, a Cuban boat with all Cuban sailors, is among the 81 yachts & 550 sailors.

In 1929 George S. Gandy, Jr., a well known yachtsman and son of the builder of the first bridge across Tampa Bay, sailed his 36′ ketch Cynosure to Havana.  There he met with Commodore Rafael Posso of the Habana Yacht Club and the St. Petersburg-Habana yacht race was born.

The first race started off The Pier in St. Petersburg March 30, 1930 and finished at Morro Castle at the Habana harbor entrance. Eleven boats participated and was won by the schooner Haligonian owned by Houston Wall of Tampa.  The race was sailed over the same route from 1930 through 1959 with the exception of three years of World War II, when the race was cancelled, and 1958 when political conditions in Cuba required the fleet to go to Miami. The last race in 1959 race had 37 yachts participating.

Glad to see it back! Wishing you smooth sailing.

Annalisa Weller, Realtor®, Certified International Property Specialist

(727) 804-6566
AnnalisaWeller1@gmail.com

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