Towering Success

We have been very fortunate over the past few weeks to receive excellent press surrounding our SUCCESS at Towers of Channelside.

Headlines in the St Petersburg Times (“Luxury condo project’s pricing strategy helps it emerge from bankruptcy”), Tampa Bay Business Journal(“Towers nearing sold out status”) and Gulf Coast Business Review (“Towering Success”) have led to very positive articles about the fact that our team has sold over 100 condominium homes in 10 months.  Here are some excerpts: Read more >

When to Buy vs. Rent

For the past decade or so, renting a home has typically been a better financial move than buying one. It’s been true in Southern California, San Francisco, Phoenix, Las Vegas and large parts of Florida, the Pacific Northwest and the Northeast.

By renting you most likely had to put up with friends and relatives who believed that owning a home was almost always superior. But renting also would have typically saved you thousands of dollars a year. Read more >

Homestead Exemption… Now’s the Time to take advantage.

Now is the time to purchase a new home if you plan on taking advantage of Florida’s homestead exemption next year!!  You will want to make the most of this Buyers Market in the next couple of weeks to benefit up to $50,000 in tax exemptions. Read more >

Fastest Selling Condominium in Tampa Bay Area

JMC Realty, Inc. has sold 60 condominium homes at the Towers of Channelside in 5 months.

How’s that for a Good News Story???   Albeit short, what a terrific story-line.  Just goes to show that there are buyers in this market who’s housing needs have changed, and are very willing to purchase a new home, provided they see the value.  And value it is… up to 45% below original pricing, convenient to shopping, movies, dining, museums, sports venue and much more. Read more >

Tax Benefits of Home Ownership Are Almost Too Good to Be True

Uncle Sam helps you in three ways when you own your home.

By John Adams for National Association of Realtors

They say there are only two things you can count on in this world: death and taxes. But when it comes to owning a home, it appears there may be a third. And that is the favorable treatment of home ownership by the Internal Revenue Service. Read more >

Unprecedented Sales Success at Towers of Channelside

JMC Realty is finishing its 5th month of sales at Towers of Channelside.  During this time, over 55 contracts have been written to individuals and families who recognize the tremendous value of living in this one-of-a-kind community.  We now offer FHA financing, meaning that all you need for a $200,000 condominium is $7,000 down… an incredible opportunity for those of you paying rent and would rather capture the American Dream of owning a home of your own. Read more >

The Expiration of Homebuyer’s Tax Credit

On April 30th, the tax credit expired in a relatively quiet manner…  leading us to assume that the housing market is on more solid footing.  When the original homebuyer tax credit was set to expire at the end of last November, there was much lobbying from Realtor groups and industry participants to extend the tax credit because housing needed more support at the time. Read more >

Towers of Channelside… Out in Front of the Parade

We are so pleased with the terrific support from the local market, community residents and professional Realtor partners over our first 2 months of selling at the Towers.  This recognition of design and lifestyle has already led to 25 sales. Read more >

What’s Best For Channelside Plaza??

The ongoing media headlines have certainly grabbed some attention, but don’t discount the long term positives…  While the Channelside bankruptcy is a big issue, there have been financial and lease issues about it for years. On weekends the place is packed—but it could really use a new landlord that will pay more attention to the tenant mix. Read more >

Interest Rates Likely to Remain Low Through 2010

Rumblings on the Street had Federal Reserve policymakers hinting this week that interest rates are likely to remain low into 2011.

In a speech Thursday, Fed Governor Daniel Tarullo said, “The relatively modest pace of recovery, the continued high rate of unemployment, subdued inflation trends, and well-anchored inflation expectations together suggest that the need for highly accommodative monetary policies will not diminish soon.” Read more >