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Will Irma Slow Tampa Bay’s Real Estate Market

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Other than postponed closings, Hurricane Irma will not impact our booming real estate market.  Interest from out-of-state buyers remains very strong.  Florida is still better than living in most states.  California has earthquakes, wild fires, and mud slides, while the Midwest has tornadoes.  In Florida, the population has advance warning to prepare or evacuate before a hurricane hits.  Read full article here :
https://www.tbo.com/news/business/realestate/will-hurricane-irma-slow-tampa-bays-booming-real-estate-market/2337471

Foreigners Pump up Home Prices in U.S.

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Purchases by foreigners accounted for 10% of U.S. existing-home sales by dollar volume in the year ended in March, up from 8% in 2016.  Foreign buyers are disproportionately concentrated in a handful of states, with Florida, Texas and California together making up 46% of foreign buying activity.  Foreign buyers tend to purchase more expensive homes than their local counterparts.  The median price for a home purchased by a foreigner was more than $300,000, compared with roughly $235,000 for all existing homes sold in the U.S.
 
Take a look at the full article here:

Not all Sinkhole Houses are Equal

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Even though a sinkhole has been deemed as repaired, it may still pose a major issue.  It is important that repairs were completed fully and properly to avoid a recurring issue.  Reviewing the completion reports by the engineers that oversaw the repairs can help to understand the extent of the repairs.

Take a look at the full article here:
https://www.tampabay.com/news/business/realestate/is-sinkhole-damage-sinking-tampa-bay-property-values/2331077