Market Updates

Nov. 13, 2025

Short Sale vs. Foreclosure: Benefits for Pinellas Homeowners

If you’re behind on payments in Pinellas County, you may be weighing a short sale versus foreclosure. Both resolve a delinquent mortgage, but they are not equal. In many cases, a short sale can reduce credit damage, provide more control over timing, and create opportunities to negotiate a better …

View More
Nov. 6, 2025

Common Short Sale Myths Debunked

Many homeowners hesitate to consider a short sale because of misinformation. Understanding what’s fact and what’s fiction can help you make confident decisions before foreclosure hits your record.

Myth #1: “Short Sales Take Forever”

Fact: With organized documentation, many lenders in 2025 approve within 30–60 days. Having a …

View More
Nov. 3, 2025

Understanding Your Credit Before You Buy

Your credit profile directly affects your interest rate and loan options. In 2025, the average FICO score for closed mortgages is roughly 742, while many programs allow approvals down to 620 or lower with compensating factors. Knowing where you stand —and how to improve it— can save you thousands over …

View More
Oct. 22, 2025

What Is a Short Sale? How It Works in Pinellas County

A short sale happens when your lender agrees to let you sell your home for less than the total you owe. It’s an alternative to foreclosure that can minimize credit damage and help you move on with fewer legal and financial headaches. In Pinellas County (St. Petersburg, Clearwater, Largo, Seminole, …

View More
Oct. 20, 2025

Renting vs. Owning: Which Makes More Sense in 2025? – Capstone Realty

With average Tampa Bay rents up roughly 7% year-over-year (source: Florida REALTORS® Q3 2025 report) and mortgage rates holding near 6%, many households are asking whether continuing to rent or buying a home makes better sense. The answer depends on how long you’ll stay, how fast prices are rising in …

View More
Oct. 9, 2025

Why Consulting a Realtor Can Save Your Home in Pinellas County

When payments start to slip, many homeowners freeze or avoid contact with their lender. But involving a Realtor early—before the bank files anything—can protect your home, your credit, and your peace of mind. In Pinellas County, the foreclosure process is public and moves quickly once started. Strategic action guided by …

View More
June 13, 2024

Veterans Affairs Removes Compensation Hurdle for Military Buyers

NAR’s advocacy efforts end in major win for military home buyers.

The Department of Veterans Affairs officially announced Tuesday a temporary policy allowing VA home buyers to compensate their real estate …

View More
Posted in Market Updates
March 15, 2024

Mortgage Rate Drops After Four-Week Climb

Mortgage Rate Drops After Four-Week Climb

The average rate on 30-year and 15-year fixed-rate mortgages dropped this week and applications rose for the first time in six weeks, a Freddie Mac economist reported. 

LOS ANGELES — The average long-term …

View More
Posted in Market Updates
May 28, 2023

Mortgage Rates and Loans: Understanding Your Options for Financing a Home

When it comes to financing your dream home, understanding mortgage rates and loans is crucial for making informed decisions. By gaining a comprehensive understanding of your options, you can navigate the mortgage landscape with confidence. Here's what you need to know:

 

🏘 . Explore Mortgage Types: Delve …

View More
Posted in Market Updates
July 8, 2022

Curious About Local Real Estate?

Receive the Latest Local Market Stats

Curious about local real estate? So are we! Every month we review trends in our real estate market and consider the number of homes on the market in each price tier, the amount of time particular homes have been listed for sale, specific …

View More
Posted in Market Updates