Brenda Kindgon and Kent Dudley
URBN Pitch 11/17/11
Great energy (caffeine?) in the room today!
Thank you Kim Harestad with Gateway Capitol Mortgage for our great breakfast. We enjoyed fruit smoothies from Smoothie King, coffee and toasted bagels.
Words of the Day – Serene, Stately and Unique
New Listings:
Kathy Stange with Keller Williams Realty 2040 Tanglewood Way NE – waterfront, 4 bedrooms with 2.5 baths in a stately neighborhood for only $500,000. Barrel tile roof. Built in generator, double capped seawall, composite wood dock. Pre-inspected and repairs already been done. Move-in ready.
Kathy has a new listing in Clearwater with 3 bedrooms and 1.5 baths, one car garage, with beautiful pool for only $115,000. Block construction and terrazzo floors.
Jim McConnell with Keller Williams Realty tried his best to do a ‘Sawicki’ – property will not be in the MLS for 45 days. You are the first to know about this unique villa in Caya Costa. This 2 bedroom and 2 bath home has 1620 SF and a one car garage. Fireplace and fenced back yard. Big custom deck for dinner parties and relaxing. Priced at $174,900
Brenda Kingdon with Dean & DeWitt Properties– stately and serene home located in Old Southeast across from Lassing Park with gorgeous views of Tampa Bay. Completely renovated by Don Strobel with high-end finishes. Separate carriage house that could be used as a rental property or guest home. No flood insurance required according to the owner. Offered at $725,000.
Wendy Murrian Dave Ansel and Charlene DeWitt
Charlene Dewitt with Dean & Dewitt Properties has a new listing that is a fun Florida lifestyle home. Key-west style on the water with dock and located in Gulfport. Clean open floor plan. Great views in 3 directions. 2500 sf with 3 bedrooms plus bonus room. 2 garages. Seakis saltwater pool. New hardwood floors and new appliances. For sale or lease purchase $489,000 4740 Baywood Point Drive.
Lori Famiglietti with Keller Williams Realty was unable to attend URBN today but that won’t stop us from discussing this great new listing at 100 Brightwaters Blvd NE on Snell Isle in downtown St. Petersburg. This spectacular property is on the market for $1,350,000
Price Reductions:
Jeff Joyner with Keller Williams Realty has 12 units on Bayshore in Madeira Beach has reduced priced to 
$1,200,000. Owner wants the property sold by the end of the year! Bring an offer TODAY!
Success Story
Jim McConnell with the St. Pete Tropical Team has his great Spanish style home in Bayou Bonita showed the home to a Realtor from Pitch and put it under contract. Scheduled to close soon!
BUYER NEEDS
Tom Hallis with Coldwell Banker Residential is looking for Mediterranean style home with 3-4 bedrooms. Close right away. Up to $800,000
Kathy Stange with Keller Williams Realty has a buyer looking for a one floor level in Old NE or Snell Isle up to $1,000,000
A Frank Moment
Frank Gregoire, with Gregoire and Associates, is a local real estate appraiser. He shared some information from his recent trip to Anaheim California for the National Association of Realtor Convention. He sat on the board of appraisers and gave us some great news from the convention.
November 10-16, 2010 there were 288 new listings
59% were non-distressed
November 10-16, 2011 there were 226
61% were non-distressed
Seeing fewer listing and much fewer REO listings. As a result, median price is going up. Doesn’t mean that values are necessarily going up but for the most part the low end has moved off of these markets.
Taking a look Shore Acres Neighborhood in NE St. Petersburg
Separated between waterfront and non-waterfront homes and did not include Venetian isles
There are only 3 waterfront listings in on the market – only one is active and it is not a short sale. Last year there were 17 waterfront sales. There have not been any REO sales since February of 2011.
Looking at non-waterfront homes in Shore Acres – there are 3 active listings and 2 are short sales. The most recent REO sale was in June of 2011. Last year there were 23 sales.
URBN Pitch 