TGH Buys South Tampa Property

The Tampa Business Journal is reporting Tampa General Hospital is buying South Tampa property and planning to move some of it’s office staff from Davis Islands. The article says TGH paid $3.8 million for two parcels at 606 West Kennedy Boulevard. Hospital spokesman John Dunn says the plans are to move some of it’s non-surgical [...]

100 West Davis: Dreams For Sale

Connie Horner is selling her dream. Nearly eight years ago she purchased the house at 100 West Davis Boulevard with visions of restoring the historic structure to its original beauty. Yes, the home was one of several listed in the National Register of Historic Places in 1989, as part of the Mediterranean Revival Style Buildings on [...]

Tampa Real Estate Market Update – Existing Home Sales Aug 09

by Christan Fadal – Dwell in Tampa.com This past Friday we received Sales of Existing Homes (Single-Family & Condo) for the month of July.  The numbers came in at an annual adjusted rate of 5.24 Million up 7.2% from a level of 4.89 million in June.  The July numbers come in about 5% above the 4.99 million units sold in [...]

Cautious Optimism For The Davis Islands Real Estate Market

Even though overall Tampa’s prices dropped 19% from one year ago, this year to date has shown a steady demand for Davis Islands properties.  Area averages are often affected greatly by one very low sale or one very high sale.  Regretfully there are still properties that will be short sales and foreclosures on Davis Islands [...]

Davis Islands Makes Fortune’s “Best” List

Fortune magazine is listing Davis Islands as one of the twelve best deals in the nation for retirement. Florida was one of several states that benefited from the skyrocketing houses prices, but now is also one of the best places in America to find a good deal. “Near downtown, the archipelago of Davis Islands has century-old homes [...]

Davis Islands Real Estate – “Absorption Rate”

What exactly is an “absorption rate?” Property absorption rates in a specific real estate market are excellent indicators of the direction a market is heading, or if it is a good time to sell. Currently there are 85 homes on Davis Islands either for sale or pending sales. In the last year, 56 properties sold, [...]

Davis Islands Real Estate Is Abuzz!

So far this year (5/2/09) we have had 10 Properties sell and close on Davis Islands.  Prices range between $225,000 to $1,775,000. The encouraging news is that there are also 10 “Sales Pending.”  Last Wednesday, the Federal Reserve met and decided to continue the low interest rates.   The conforming interest rates are in the mid [...]

Davis Islands Properties Go Before Variance Review

It took a while but two items on the April Variance Review Board agenda concerning Davis Islands, finally hit the public meeting portion just after 10PM on Tuesday night. Up first a request that brought a number of island residents to speak in opposition of the cutting down of a Grand Oak tree in favor of a swimming [...]