Interest rates were historically low over the past year. We at Tomlin St Cyr Real Estate Services predict that inflation will remain above 5% while interest rates will begin to climb and top 4% by the end of 2022. Those increasing interest rates will price out some first-time homebuyers with higher mortgage payments. Realtor.com has […]
The Tampa Bay real estate market has been on fire for the past year. Three dominant trends impacted our local market in 2021: 1. Interest rates remained below long-term averages, making home payments more affordable. 2. Demand for homes in the Tampa Bay real estate market exceeded supply the entire year. 3. Migration into Tampa […]
Tomlin St Cyr Real Estate Services is very excited to announce its expansion into Sarasota County with the acquisition of Gulf Shores Realty of Florida in Venice. “Owner Wayne Welsh did a fantastic job creating a brokerage that focuses on the highest levels of professionalism and service,” said John Tomlin, CEO of Tomlin St Cyr. Indicative […]
Announced in July 2021, Pineapple Insurance is a full-service, independent insurance agency that has access to multiple insurance companies. We will provide you with various rates and coverage options to meet your personal insurance needs. This includes Home, Auto, Flood, Boat, Life, etc. We have all seen the headlines regarding increasing homeowner insurance premiums. But […]
Key Takeaways: Many of the dynamics seen in 2021 will carry through into next year’s housing market, but at a much less frenzied pace. As remote work becomes a more permanent, widespread option, Millennials are taking advantage and entering the real estate market. We’re ready for another seller’s market. Like last year, there isn’t time […]
In early November, Zillow announced it was shutting down Zillow Offers, its iBuyer program. Now, the company has announced the cancellation of approximately 400 of its more than 8,100 contracts with home sellers nationwide. Zillow had previously pledged to honor those outstanding purchase agreements. The homeowners, for the most part, have been waiting on new […]
Key Takeaways: In today’s hot market, it’s more important than ever to choose the right agent to help you buy or sell a home. Real estate agents don’t just offer local expertise—their insider knowledge and marketing prowess come in handy, too. Thinking about making a move in the new year? Contact us to start planning […]
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