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Clearwater Real Estate News - Stimulus Package offers First Time Home Buyers reasons to Buy Now

Clearwater Real Estate News - Understanding the Stimulus Package

The first-time home buyer credit expires August 31, 2009Clearwater Florida - Well the stimuus package is almost a reality with Congress reaching agreement on a $789 billion stimulus package for Americans and the President expected to sign it into law, the clock may be ticking for this year’s Clearwater home buyers and homeowners.  So what does this mean to you….

The final package contains two  benefits related to housing and effecting Clearwater Real Estate.

Clearwater Home Buyers Good News

The first provision is fairly well-known. It gives first-time home buyers in Clearwater an $8,000 tax credit provided they purchase a home between January 1, 2009 and August 31, 2009.

The good news is this is a true tax credit.

To reduce misuse and abuse, however, the $8,000 credit is contingent on home buyers holding property for at least 3 years. If the home is sold in fewer than 3 years, the tax credit must be repaid to the government. It’s also worth noting that the date range applies closings and not sales agreements.

To qualify for this if you are buying a home the closing must occur within these 8 months to be eligible.

Clearwater Home Owners that Go Green - get Green Back

A second noteworthy feature in the package is that the stimulus package gives existing those with Clearwater homes  incentive to “green” their homes. With available tax credits for energy-efficient windows and doors, furnaces and insulation, homeowners can claim larger tax deductions based on home improvement, up to $1,500.

But, just because the government provides housing-related tax benefits doesn’t mean you should just act on them blindly. Tax liability is a highly individual item and you may be ineligible for any number of reasons. Be sure to discuss your plans with a qualified accountant before committing to a plan.

Thinking of Buying or Selling a house in Clearwater Florida - We can help

Clearwater Beach Florida best beachIf you have been thinking about buying or selling a home in the Clearwater St Petersburg Tampa area…

Contact us for a FREE quote and to find out your Tampa Mortgage options and you can search all Tampa St Petersburg and Clearwater homes for sale right now..

Call Us Today at (727) 710-8036 to hear more about how we can help you!

Copyright © 2009 Jack and Cyndee Haydon, Clearwater REALTORS and your Clearwater Real Estate Consultants specializing in Clearwater St Petersburg Tampa Real Estate and may not be copied, reproduced, distributed, transmitted, displayed or published.

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Posted by Cyndee Haydon | Currently 6 Comments »

Clearwater St Petersburg Tampa Home Sales Up 11% Year to Year in October

Clearwater Florida -We all know this Clearwater Real Estate Market has been slow for home sellers and last month I wrote an article wondering whether we were hitting the bottom of this down market.

Clearwater - Tampa - St Petersburg Home Prices and Sales Update

Well The TamAnalyzing Clearwater Florida Home Prices and Condo Pricespa Bay Business Journal reported some good news this week Tampa Bay / Clearwater home sales are up 11% year to year in the month of October. We believe this is because we are still in a strong buyers market with lots of home sellers resorting to short sales to get their homes sold since most owe more on their homes than they are worth.

I would say that at least part of the increase is homes sold is due to (1) Banks are now moving faster on these Tampa - St Petersburg - Clearwater short sale properties for sale. Unlike a local teacher we’ve been helping buy a home who had to wait 5 months to get a bank to approve the home sellers short sale request (showing the importance of having a Clearwater Realtor who is experienced in short sales be your listing agent).

The second factor we see is the difference when skilled short sale Realtors, like us, are representing the Tampa Bay home sellers and are able to often expedite the process for example one of our recent home sellers was delighted that we successfully negotiated with their bank to get their short sale approved within 2 weeks which means they were able to sell their home quickly for todays top dollar and not be chasing the market down or worse yet face foreclosure.

I wish it was ALL good news however if you’re thinking of buying or selling it’s important to note that we’re still in a strong buyers market and it’s hard to believe that Tampa - St Petersburg Clearwater “median sales prices were down 26 percent from $205,600 in October 2007 to $152,300 last month.”. Wow if you are thinking of buying a home now is still a great time and we are seeing great deals especially considering all the Clearwater short sales and pre-foreclosure properties for sale !!

Related article:

Clearwater - Tampa - St Petersburg Condo Prices and Sales Update

The news is not so rosy for those that want to sell their condominiums in the Tampa Bay real estate market. Only 399 Tampa Bay condos sold in October, which means the number actually selling is down 12 percent from Tampa Bay condo sales in 2007. The news is also bad for Tampa Bay condo prices as well - the median Tampa - St Petersburg - Clearwater condo prices dropped 28 percent from $173,300 to $125,200.

Looking to Buy a Clearwater Home?

If you want to buy a house in the Clearwater Florida area- we’ve made it fast and easy for you to search all the Clearwater homes for sale . Search just like a Clearwater Realtors and see all the properties being sold by all Clearwater Real Estate agents.

Search the Clearwater MLS (multiple listing service) of single family homes, condos, villas and townhomes. We specialize in helping you buy a Clearwater real estate bargain (foreclosures, short sales, REO or bank owned properties).

Do You Need Sell Your Clearwater Home Now?

Want to sell your Clearwater home? First you’ll want to ask, “What’s my home worth right now?”. Our experience shows it depends on where YOU live so we’re please to offer home sellers a FREE Comparable Market Analysis on your home for your neighborhood! No obligation, of course.

The reality is that today in the Tampa Bay real estate market homes are selling for what they sold for in 2004. If you bought your property in the last 5 years or utilized your home’s equity you may owe more on your home than it will appraise for which means selling for what you owe in todays market almost impossible without an approved short sale. It’s important that you act now, be proactive and get professional advice now.

Call us to schedule a FREE private real estate consultation to fully understand your home selling options (no pressure no hassles - guaranteed).

We’d helped many families who have a Tampa Bay - Clearwater home to sell, quickly and painlessly even in this difficult Tampa - St Petersburg Clearwater Florida real estate market. One of our happy home sellers even dubbed us the painless Realtors. In fact, we may already have a buyer for your property too because we understand that over 84% of home buyers today are finding their next house on the internet which is why when you use our Wise Home Selling Plan we make sure they are seeing your home first.

Whether you are buying or selling a home in Clearwater / Sand Key Florida / Saint Petersburg / Tampa Bay Florida

Call us now and let us know what you need help with today! - 727-710-8036.

Posted by Cyndee Haydon | Currently 9 Comments »

Clearwater Real Estate | Clearwater Florida is a Great Place to call Home

Welcome to Clearwater Florida - Why we love to live work and play here

Clearwater Florida - While we specialize in Clearwater Real Estate and the surrounding Pinellas County communities, we can tell you that Clearwater Florida is fabulous for more than luxury pool homes and waterfront condos with amazing waterviews and majestic sunsets. We have award winning beaches, pubic parks, great neighborhoods and more. We’d like to share some of our amazing City and area with you.

Clearwater Florida is a unique area. Most people don’t realize that in Clearwater we have the mainland and yet the city also includes Clearwater Beach | Sand Key | Island Estates on our Gulf front beaches and intercoastal waterways.There are many reasons its a fantastic place to live - starting with the fact that we enjoy at least 244 days of sunshine each year and we are bordered by beautiful blue water on two sides of us - the Gulf of Mexico and Tampa
Bay.Clearwater Florida Fun Facts from Sperling’s Best Places:

Clearwater Florida Real Estate covers 12 zip codes:

5 Reasons We Love Living in Clearwater Florida

  1. Clearwater Offers an Active Lifestyle - Sports Town USA
  2. Clearwater has the Best Beaches - Clearwater Beach Best City Beach
  3. Natural Clearwater encompasses more than Beaches - Enjoy our Pristine Side
  4. More Fun things to Do in Clearwater
  5. Clearwater is Home to Great Neighbors and Neighborhoods

1. Active Lifestyle - Sports Illustrated named Clearwater Sports Town USA.

Clearwater, is a city of approximately 110,000 residents and is located just north of Tampa Bays waterfront on Floridas Gulf coast, and became ˜Sports Town USA in 2003 thanks to its investment the City of Clearwater continually makes in the quality of life of all its citizens young, old and in-between.Thousands of people of all ages participate in sports on an annual basis and with our excellent climate our town is conducive to all kinds of outdoor and sports activities all year long.The city of Clearwater’s Parks and Recreation Departments mission is to: To provide parks and recreation programs, services, facilities and beautification to benefit residents and visitors of the city of Clearwater.They serve everyone, visitors from out of town as well as our local residents. The City of Clearwater’s facilities are remarkable and includes all of the following:

Simply put, if it concerns recreation and you cant find it in Clearwater, it probably hasn’t been invented yet.

Clearwater Proud to have the Philadelphia Phillies and the Threshers Here The Philadelphia Phillies have held spring training in Clearwater since 1947, over 60 years - it is the 2nd longest partnership in MLB. We are also home to the Phillies minor league team the Threshers who call Bright House Field home. Its a great place to catch a game and fun the whole family will enjoy.Spring Training and Major League Baseball ˜Spring Training is at its height in March each year. Other teams in the area are the Tampa Bay Rays in St Petersburg , the Toronto Blue Jays in Dunedin and the New York Yankees in Tampa. Enjoy Life Long Sports in Clearwater. Finally, Clearwater Parks and Recreation supports life-long sports participation by providing avenues for customer input, as well as developing partnerships with organizations that demonstrate a strong desire to offer life long sports participation avenues. Some of these partners are:

The recreation-based and leisure-related attributes of the city of Clearwater stand out, and their scope in terms of delivering programs and opportunities to people at every phase of life cannot be overemphasized.

The city rightfully takes pride in its comprehensive approach to youth sports, and at the same time, Clearwater’s outlets for senior athletes are unmatched. With such an all-encompassing way of sporting life, Clearwater’s standing as an All-American sports town will undoubtedly continue flourishing will into the new millennium.

City of Clearwater Hosts the Iron-Man Tri-athalon Annually

The 2007 winner, Andy Potts won by completing the 70.3 mile course in an amazing 3 hours 42 minutes and 33 seconds - thats impressive. While they say the view only changes for the lead dog¦in this case, each man and woman, regardless of place, achieved their own personal triumph today on a typical Clearwater day in November it was 78 degrees and tenacity won over fatigue.

This is the second year in a row that the Ford Ironman 70.3 World Championship was held in Clearwater Florida and its easy to see why. Clearwater in November is the ideal place for all kinds of activities outside - just another example of why we love living here, in paradise!

2. Beach Lifestyle - Clearwater Beach Best City Beach on Gulf of Mexico

Did you know that Clearwater Beach was chosen as the Best City Beach on the Gulf of Mexico?

Many people don’t realize that Clearwater Beach is part of the City of Clearwater. We are proud of our award winning beach that offers plenty of recreational opportunities like jet skiing, boating, parasailing and more.We also have nature-base attractions like the Clearwater Marine Aquarium eco-tours, shelling, private walks on the pristine north Clearwater beaches to Caladesi Island which was named the Number 1 beach in the United States in 2008 (after 2 years as #2) by Dr Stephen Leatherman (aka ˜Dr. Beach) who has been ranking Americas beaches for over 10 years.

In Tampa Bay Florida and especially on Clearwater Beach, tourism is our major industry and plays a vital role to our local economy. Were not alone, the Clean Beaches Council explains that our United States beaches and coastal areas ˜offer unique recreation, support maritime commerce and provide jobs for coastal communities. In fact, beach tourism contributes over $640 billion annually to the US Economy (85% of all tourist revenue)

In the last 10 years there have been over 20,000 health advisories issued relating to water quality in the United States and here in the Tampa Bay area we are only too familiar with the additional impacts of storms and new construction on Pinellas County beach erosion. Every year miles of beaches are lost to beach erosion.

We’ve loved living on our beautiful Pinellas Gulf beaches and we’ve also seen many changes over the last 18 years. With more properties on the beaches and more people visiting our beaches it takes even more effort to ensure that we embrace ˜low impact living and work to ensure sustainable beaches.

Clearwater Beach now being called The Billion Dollar Beach

The City of Clearwater has a significant project underway on Clearwater Beach, Beach Walk. Its now being called the Billion Dollar Beach because it is taking 1 billion dollars of private developments, luxury hotels and condo-hotels, new high-end hotels and the City of Clearwater’s beautification program. You can already see the completion of the First Phase and from Pier 60 heading south you will see a new winding pedestrian friendly walkway with more green space and public amenities. Check it out.

3. Natural Florida - Enjoy the Pristine side of Clearwater Florida

You may not know but Florida’s attracts more than snowbirds this time of year. Florida is a bird watching mecca and Clearwater has many spots to view them.
There have been over 500 species of birds spotted in Florida along our Great Florida Bird Trail. This ˜Fowl Trail is made up of 2000 miles of self guided Florida birding along our highway trails. Yes, you read right - I said 2000 miles!!!

We have several spots here in Clearwater and along our Pinellas County highways and you might have noticed the Great Bird Trail Markers as seen below along US Highway 60 about halfway across the road connecting Clearwater to Tampa Florida. Also one of my favorite spots on the trail is in Tierra Verde Florida at Fort Desoto Park and Beach. If you stop by the rangers station they have free guides as well.

Florida has:

Enjoy watching them from a variety of places in Clearwater including Kayaking though our Blue waterways.

Boating and Waterfront Living in Tampa Bay

Boating is part of living on the waterfront in Tampa Bay especially since we have access to Tampa Bay and the Gulf of Mexico in Clearwater. We have some of the most desirable waterfront homes and condos along our waterways. We have great waters for both sailboats and powerboats. If you want to enjoy boating we have lots of different ways to enjoy boating from buying your own boat to being part of a boating club or sail boat racing team.

We even have extensive classes at the Clearwater Sailing Center and the Clearwater Power Squadron offering lots of “fun by the foot” when boating in 2008 as my friend, Shane Faunce says

Have you ever wanted to learn more about boating in and around Clearwater Florida? Now you’re in luck, the 2nd Wednesday of each month Marine-Max of Clearwater Florida offers a FREE class on boating for women called Women on the Water.

This Clearwater boating course for Women is taught by a Coast Guard certified Captain. It will include information on:

Clearwater Sailing Center - teaches Sailing and Windsurfing on Sand Key

Clearwater Community Sailing Center was established to provide safe, enriching and affordable sailing opportunities to local Clearwater Florida residents and visitors, including youth, seniors, and the disabled for the benefit of the entire Clearwater community. It doesn’t matter if you are a beginner or an experienced sailor because Clearwater Community Sailing Center has sailing instruction and sailboat rentals for everyone.

The sailing instruction is geared to all age groups, is delivered in a small group setting, and they guarantee these courses will teach you to sail safely and confidently. They will teach you everything you need to know to navigate your first dinghy or race your Laser to victory. So, if you ever wanted to learn to sail - theres now an easy way to learn!

Calling all Scuba Divers - Pinellas County has 13 Artificial Reefs

Looking to do some diving in and around Clearwater Florida? Well you’re in luck - Pinellas County Utilities has actually created 13 different artificial reef sites. They can be found as close as 3 miles offshore to up to 38 miles out into the Gulf of Mexico along Pinellas County’s shore.

The reefs for each designed to attract and support different fish. Part of the design includes different size openings to attract the types of fish. Some reef openings are designed to attract bottom dwellers like grouper, snapper, and grunt. The height of these artificial reefs attracts migratory species like mackerel, amberjack, cobia, barracuda, and baitfish.

So if you enjoy Diving - Welcome to Clearwater - we have lots of local dive shops and great places to go out diving.

Clearwater Beach Speed Boat Leaves you Screaming

Come visit us in Clearwater Beach, and experience two boat rides in one on the Sea Screamer. While you are here, ask me about how you can own a home or condo in paradise: Clearwater Beach, Sand Key and Island Estates Florida.

The Sea Screamer is a 73 foot speedboat, loaded with 38-passengers, that cruises through Clearwater Harbor, Clearwater Pass, Clearwater Beach and Sand Key looking for dolphins. Once you finish the dolphin sightings, the Sea Screamer Captain takes the passengers on an exhilarating ride in the Gulf of Mexico ˜screaming past Clearwater Beaches and resorts.

4. Fun things to do in Clearwater Florida

We’ve seen how much Clearwater has to offer along our beaches and natural resources - we also have fun things to do that incorporate both in many cases. All I know is that they are lots of fun and some of the things that make living in Clearwater fabulous.

The Clearwater Marine Aquarium is one of Clearwater’s Home Town Treasurers

Looking for fun things to do around Clearwater and Clearwater Beach? Well, one of the best kept secrets around Clearwater Florida is the Clearwater Marine Aquarium. It is here that you interact with the dolphins, stingrays, turtles, and river otters.

The Clearwater Marine Aquarium, Inc (CMA) is dedicated to public education, research, animal assisted therapy and the rescue, rehabilitation, and release of sick or injured animals. CMA is a Florida non-profit organization located on Island Estates.

So, take a break visit us in Clearwater at the Clearwater Marine Aquarium- Parents can play while the kids go to Special day adventures or in the summer they can even go to a fabulous Summer Camp.

Here are some of the many activities offered by Clearwater Marine Aquarium:

Theres no better way to get around Clearwater Beach than the Jolley Trolley.

Clearwater Beach’s moving landmarks is the Jolley Trolley - these open aired Trolleys are a fun and economical way to get around on Clearwater Beach, Sand Key and Island Estates. This is a great service for Clearwater beach condos and home owners from Sand Key Florida to Island Estates as well as the local tourists.

The Jolley Trolley had 2 routes covering Clearwater Beach, Sand Key, Island Estates and Downtown Clearwater. Hop aboard and see the sites in a new, fun, inexpensive way.

Clearwater Golf Courses - Public and Private

Many people will tell you the thing they find most fabulous about Clearwater is the great year round golfing on any of our many golf courses. If you find youve mastered these we have plenty more in our neighboring cities of Pinellas County.

Airco Golf Course - 13690 Stoneybrook Drive Clearwater Florida 33762 Airco Golf Course is an 18-hole championship regulation length golf course in Clearwater.

Belleview Biltmore Golf Club - 1501 Indian Rocks Road Clearwater Florida 33756 The Belleview Biltmore golf course is a popular 18-hole world class championship course, 71-Par golf course is challenging and beautiful for golfers of all abilities.

Chi Chi Rodriguez Golf Club 3030 McMullen Booth Road Clearwater Florida 33761Chi Chi Rodriguez Golf Course is a 12-hole, Par 69 Golf Course located in mid Pinellas County with over 70 sand traps. It is also home to the Chi Chi Rodriguez Youth Foundation.

Clearwater Country Club Golf Course 525 N Betty Lane Clearwater Florida 33775. Clearwater Country Club Golf Course is a 72 Par championship golf course that opened in 1921. Is semi-private and gives discounted rates to Clearwater residents with valid Parks and Recreation card.

Countyside Country Club - Pine Course, Lake Course & Bay Course - 3001 Countryside Blvd Clearwater Florida 33761. Countryside Country Clubs has 3 private 18 hole golf courses are enjoyed by its private equity members in the Countryside area of Clearwater.

Cove Cay Country Club Golf Course 2612 Cove Cay Drive Clearwater Florida 33760
Cove Cay Golf Course is a semi-private member owned 18 hole Clearwater golf course. It is a par 70 golf course and has over 6000 yards a greens along the waterfront of Tampa Bay it offers the best of both worlds.

Feather Sound Country Club - Feather Sound Golf Course - 2201 Feather Sound Road Clearwater Florida 33762. Feather Sounds Golf Course is a private 18 hole golf course that is a Par 72 course located in the gateway of Pinellas County.

Top of the World Golf Course - 2367 World Parkway Blvd Clearwater Florida 33763. Top of the World private golf courses are enjoyed by the residents of this 55+ condo community in the heart of Clearwater and they have both 9-hole and 18-hole golf courses.

5. Clearwater is Home to Great Neighbors and Neighborhoods

Clearwater Beach Real Estate and Tampa Bay offer Priceless Sunsets

When Jack and I relocated to Tampa Bay, we were drawn to Clearwater Florida because of its world renown sugar white sand and its crystal clear water (thats where the name Clearwater actually comes from).

Quite frankly its family-friendly environment (hence the reason Clearwater Beach won best City Beach on the Gulf of Mexico) was a big draw when we decided to make this our home. We found that Clearwater and the Tampa Bay area offered the perfect blend between vacationers and full time residents.

As I was writing it was reminded of what it was like when Jack and I moved from Philadelphia to our first beach house 17 years ago. We would sit on our beachfront porch each evening and joke as we watched the sun set over the Gulf of Mexico that it was like seeing a new masterpiece being painted right before our eyes - art appreciation at its best!I guess thats when we fell in love with living on the beach and the Florida lifestyle we get to enjoy every day.I still find it hard to believe that we get to ˜work as REALTORS in this beach front luxury resort community where others only get to come and visit for a short time each year as tourists or winter residents.I want to thank all our readers who continually make me stop and realize each week how beautiful our Tampa beaches and sunsets are and how lucky we are to earn a living helping buyers and sellers with Clearwater Florida Real Estate where our homes and condos have the bluest backyards. Are starting to see why we believe this is a fabulous city and a fabulous place to live?Are you ready to join us in paradise - living in Clearwater Florida where the average temperature is about 60-degrees. (Today was almost 90 degrees) You will love playing golf and tennis, the white sandy beaches, and the beautiful blue water of the Gulf of Mexico.So, if you are looking for a Clearwater vacation home, a second home to go during the winter, or want to move to Clearwater Florida, then it is time to get your piece of paradise.

Sand Key Florida - Living in Waterfront Luxury - Sand Key Condos - Sand Key Real Estate

Sand Key Florida is home to Finest Luxury beachfront Condos in Clearwater, home to Beach Wildlife and home to some of the Finest Beaches in the US - its up to all of us to work together to sustain and protect all of them for the future.
We get to enjoy our amazing Clearwater beaches and Sand Key Park here year-round:

Clearwater Beach Real Estate - Clearwater Beach Condos

Clearwater Beach Real Estate - Sand Key Condos

Clearwater Beach Real Estate - Island Estates Condos

Clearwater Florida Real Estate - Clearwater Condos

Clearwater Florida Real Estate - Homes in Popular Neighborhoods

Clearwater Beach Real Estate Market Report for 2007

Clearwater beach condos that have sold on the beach in Clearwater Beach and Sand Key this past year compared to the previous year. Were all standing by to see where 2008 takes our luxury beach real estate in Clearwater Florida, however, Jack and I are seeing lots of serious buyers prepared to purchase luxury Clearwater Beach condos in 2008.

We have included a 2 year historical look since our Beach condominium real estate market that shows we have seen lots of changes over the last two years with new buildings and complexes like Sandpearl Residences, Belle Harbor, Mandalay Beach Club being completed and other projects like Indigo that didn’t make it off the ground.

Gulf Front Condos on Clearwater Beach | Sand Keys 2007 Year in Review

Its been a buyers market in the Tampa Bay area and especially on Clearwater Beach where there was a lot of ˜speculative Beach condo investing in new developments with the intent of just flipping these beach condos quickly by buyers ˜on paper that never planned to own or live in them.

Why do niche Tampa Real Estate market reports? Readers tell us that its easy to find information on total Pinellas County market statistics however it can be misleading when those reports include everything from condos under $100,000 in 55+ Adult Retirement Condo Communities to the record setting condo sale of $4,400,000 at the Sandpearl Residences on Clearwater Beach in 2007. We also had 5 condos sell in December of 2007 for over $3,000,000 this year in communities like The Grande of Sand Key, Mandalay Beach Club condos, Vinoy Place and Parkshore Plaza. Luxury condos and fine living still have their discriminating buyers even in this real estate market.

Just like all real estate is local - we believe each Tampa Bay real estate market niche is unique especially when you are looking at Tampa beach communities on the ocean and our goal is to provide you with a deeper view into our Gulf Front Clearwater Beach | Sand Key Condo Real Estate Market

We’ve seen the time it takes to sell Clearwater Beach Condos or Sand Key condos that are on the Gulf of Mexico rise significantly from a low of under 54 days in January 2006 to 138 now down from a high of 207 in mid 2007. We are starting to see buyers back in the market buying condos on the beach that are priced properly.

There are many factors that have effected the time its taken to sell condos on the beach this year. One is the time it has taken some condo sellers on Clearwater Beach and Sand Key to price their beach condos correctly for todays real estate market (many started asking more that it could ever appraise for).

Second, Clearwater Beach Condo Buyers had lots of choices and many sat on the sidelines wondering what prices would do and if wed reached the bottom of our price-adjustment.

Jack and I are finding much of the Clearwater Beach real estate has asking prices that has finally moved into a realistic range for todays market - Clearwater Beach condo sellers have finally come to grips with the fact that were not in the 2005-2006 Real Estate market anymore - if you want to sell any property the first key today is that you need to price it correctly.

The median price for Clearwater Beach Condos and Sand Key Condos on the beach is rising again and are currently at $704,500 which is up from the January prices of 2006 when it was $675,500. The big spike in January is caused when new high-end luxury condo developments like Sandpearl Residences Luxury Condos reached completion and several units were sold for over 1 million dollars and up.

We see that the Clearwater Beach condo Asked to Sold ratio has fallen as buyers have addressed the two points we discussed above. One, they’ve force the Clearwater Beach condo asking price to come down to a price that will fit todays market place and actually appraise out and two, the fact that theres so much competition along with some highly motivated sellers they’ve negotiated more seller concessions than normal.

Clearwater Beach Real Estate still has a condo supply that far exceeds demand and most Clearwater Beach condo buyers have continued to ask us for info on the Clearwater beach condos that are deals, bargains, short sales or in pre-fore-closure since many novice Clearwater Beach investors found themselves coming up short in 2007.

Ironically we had 71 beach front Clearwater Beach condos and Sand Key condos sold in both 2006 and 2007. So again is shows things are selling its just that our inventory (condos for sale at any one time) is so much larger than normal.

In 2007 we saw 2 ends of the Clearwater Beach Real Estate Market get the most activity - One was the top end of the luxury beach condos in communities like The Grande, Sandpearl Residences Resort Condos and Mandalay Beach Clubs which all had sales in 2007 over $3,000,000 with the Sandpearl Luxury Condos setting a new all time high for Pinellas County condos sold at $4,400,000.

Then we also saw people looking to buy that luxury vacation home or winter retreat at a deep discount. They found distressed sales prices on Clearwater beach condos - and there were and still are real bargains to be found.

Most Clearwater Beach condo prices have dropped back to 2004 prices and many savvy investors realized the opportunity to buy a Sand Key gulf front condo is now since many believe, like we do that Clearwater Beach property will continue to be in high demand and buyers may get their best bargains for a long time to come.

Clearwater Florida Real Estate - a Fantastic Place to Live, Work and Play

Are you looking to buy a house in Clearwater or a Clearwater beach condo? We are happy to give you all the information available on any property for sale (including condos, townhomes and villas) or you can go ahead and search right now and see all the Clearwater Homes for sale by all real estate companies in the Clearwater MLS.

We live, work and play here ourselves and specialize in Clearwater Florida Real Estate - We’d love to help you - give us a call today at 727-710-8036 or 727-710-8035.

Cyndee and Jack Haydon, Clearwater REALTORS with Charles Rutenberg Realty

Located at 1545 S Belcher Road Clearwater Florida 33764

Posted by Cyndee Haydon | Currently 24 Comments »

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