Entries by Market Tampa Investments

This is where Tom Cruise is likely moving in Clearwater

August 1, 2018 in /by

Tom Cruise is officially moving to a Clearwater condominium, nearly a year after public records linked him to the property. People magazine reports that Cruise is leaving Los Angeles for Clearwater, moving to a “penthouse apartment in Clearwater, Florida, just a block from the Church of Scientology’s international headquarters.” Cruise is a prominent member of the church and a close friend of leader David Miscavige, according to People. His move to Clearwater has been rumored for years. Multiple…

Overstock returns to the real estate game

July 26, 2018 in /by

Online discounter Overstock.com still wants to sell you home furnishings, but is adding another layer to its services — helping you find a new home to put those furnishings in. Overstock (NASDAQ:OSTK) announced plans to launch O Real Estate in September, an initiative that will use the company’s search technology to help customers buy, sell and manage real estate. “For nearly 20 years, Overstock has connected customers with premium home goods, helping them build their dream homes; now,…

How homeowners are using equity loans

July 25, 2018 in /by

Home equity lines of credit have hit a nine-year high. Real estate analytics firm Attom Data Solutions found that 347,875 new home equity lines of credit were taken out in the first quarter of 2018. That's an 18 percent increase from the final quarter of 2017, and 14 percent increase from the same time last year, The Chicago Tribune reports. Since the recession, home equity loans have taken on a new purpose. “Putting home equity to work is the name of the game in the 2018 housing market –…

Quality of life, safety put Tampa among the top 20 best large cities to live

July 25, 2018 in /by

As some families spend their summer planning to relocate, many will look to Tampa as one of the best large cities to live in, according to a new ranking from WalletHub. The study evaluated factors that would make a metropolitan hub a good place to live. By comparing the 62 largest U.S. cities based on 56 indicators of livability, WalletHub ranked the top major cities in the U.S. Tampa came in at No. 16 overall and No. 4 out of 62 in the category of job opportunity. Data collected also included…

Tampa ranked second best for first-time homebuyers

July 21, 2018 in /by

Tampa has been ranked the second-best city for first-time homeowners, according to a new survey from WalletHub. The recent report comes after 300 cities were compared based on market attractiveness, affordability and quality of life. Tampa had high scores in the categories of quality of life, which encompasses factors such as recreation, weather, job market and crime rate. Here's how Tampa ranked in individual categories: Affordability: 139 Real Estate Market: 4 Quality of life: 15 The only…

Tampa’s new condos are mostly in the million-dollar range. Where does that leave millennials who are ready to buy — but want to stay downtown?

July 21, 2018 in /by

As Tampa developers venture back into condo projects — after a drought that lasted more than a decade — all of the proposals are at the very high end of the market. That takes downtown home ownership off the table for the majority of a demographic that's been key to the city's urban revitalization efforts: Educated millennials like Ashley Daniel, who commutes to her job as a web developer in New Tampa.