360° Coverage : Resurgence of Condo Sales in 2014?

Resurgence of Condo Sales in 2014?

Jan 24 2014, 8:22am CST | by

Saint Petersburg, FL, January 24, 2014 --(PR.com)-- Experts see sharp turnaround in Tampa Bay real estate market this year.

From all accounts, 2014 is shaping up to be a banner year for real estate in St. Petersburg.

National real estate and housing market experts agree that housing prices will likely rise this year. Both the Kiplinger Report and Fitch Ratings predict a steady - but not explosive - rise in home prices in most parts of the country. And the National Association of Realtors specifically cite the Tampa Bay market as one of ten to watch for a turnaround this year.

“The downtown market is booming as more and more people come to St. Pete and experience the lifestyle. It is full of entertainment, activity, culture, community and sunshine” says Kelly Fenton, Realtor with Keller Williams Realty St. Pete and onsite sales associate with the Sage condominiums. “The housing market has recovered substantially and we are finding more people want the security of homeownership. From the sales success we have experienced so far, the value, comfort and convenience is here at the Sage”.

“With downtown St. Petersburg emerging as an entertainment and recreation destination over the last few years, it’s only natural that more and more people would want to live where they play,” Fenton stated. “The Sage is right in the heart of where many work, play and relax. We are continuing to see demand outpace inventory.”

“And of course, since we’re already an established community, new residents can move right in,” she adds. “No need to wait for construction to finish.”

Indeed, many of the new projects permitted in St. Petersburg during 2013 - which citywide amounted to $400 million worth of new construction, according to the city’s own website - are residential buildings in and around the downtown core. “Late 2012 we started seeing strong signs of buyer demand in the $300,000 to $500,000 price point,” says Rachel Sartain, managing broker of Keller Williams. “I am delighted we now have such a high-quality, elegant choice for condo buyers in the area”.

The Sage St. Petersburg is a sophisticated condominium community in the heart of downtown St. Petersburg. Featuring a prime location as well as all the comforts and amenities discerning residents expect, The Sage is the new standard in St. Pete living. Contact Kelly and the Sage Sales team at 727-342-0677, or visit The Sage’s website at www.TheSageStPete.com.

Contact Information:
The Sage
Tony Pera
727-342-0677
Contact via Email
http://www.thesagestpete.com/

Read the full story here: http://www.pr.com/press-release/538507

Press Release Distributed by PR.com

Source: PR.com

 
 
 

<a href="/latest_stories/all/all/29" rel="author">PR.com</a>
PR.com press-releases.

 

blog comments powered by Disqus

Latest stories

Tag Heuer sings Marketing Deal with German Bundesliga
Tag Heuer sings Marketing Deal with German Bundesliga
Swiss Luxury watch brand Tag Heuer and the German Bundesliga signed a marketing deal.One of the world's most powerful football leagues was given an enormous boost by Germany's victory in the World Cup. Bundesliga...
 
 
18 Amazon Dash Buttons Released
18 Amazon Dash Buttons Released
The unique Amazon Dash Buttons are on sale now for Prime Members.
 
 
Yahoo Releases Livetext Video Texting App
Yahoo Releases Livetext Video Texting App
The app shares videos, pictures and texts with friends without sound and can rival Whatsapp and Snapchat.
 
 
United Airlines Also Hacked by OPM Hackers
United Airlines Also Hacked by OPM Hackers
The hackers previously breached the U.S. Office of Personnel Management and collected massive data.