Kyle Sasser https://sassergroup.com Kyle Sasser is Your Tampa Bay and St Petersburg Realtor! Thu, 31 Jan 2019 19:28:24 +0000 en-US hourly 1 https://wordpress.org/?v=5.0.3 https://sassergroup.com/wp-content/uploads/sites/8/2018/03/cropped-sassergroup-true-black-32x32.jpg Kyle Sasser https://sassergroup.com 32 32 What I’m Reading – January 2019 https://sassergroup.com/2019/01/14/what-im-reading-january-2019/ https://sassergroup.com/2019/01/14/what-im-reading-january-2019/#respond Mon, 14 Jan 2019 17:46:17 +0000 https://sassergroup.com/?p=11580 The post What I’m Reading – January 2019 appeared first on Kyle Sasser.

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What I’m Reading – January 2019

KYLE SASSER

Kyle Sasser is a Tampa Bay Native and a professional Realtor

Here’s what I’m reading for January 2019!

A Factory of One:  Applying Lean Principles to Banish Waste and Imrpove Your Personal Performance by Daniel Markovitz

Do you find it funny when you do something, when you have some technique that you apply regularly with a lot of success, only to find out later that that technique has a name?

As I shared with my local Biztweaks Business Builders Meetup in St Pete, for me that thing is Lean/Scrumm.

The backbone of which is to find the thing that is going to have the most impact, do that thing, and then improve how you do that thing the next time.

So now that I’ve found out that there is a name to how I manage a project, or how I assemble a direct mail campaign, or how I structure my prospecting calls, I’ve been ravenous for anything and everything on the topic.  I’m sure my meeting attendees are probably getting tired of hearing it, but these methods have such a profound impact on productivity when applied long term that it’s shooting yourself in the foot to ignore them.

So this is the book I’m currently reading.  Previous books in this vein I’ve read and recommend are :

Scrumm – This book covers how to manage products and teams utilizing SCRUM methodology

Surgeon Get Better – This book covers applying assessments and why everyone can improve, even highly trained individuals.

Checklist Manifesto – A critical step that almost guarantees you provide and maintain a superior customer experience every time.

I promise next month I’ll be choosing a different sort of topic.

Be sure to follow this blog for the followup!  I will be sharing my takeaways from A Factory of One with all of my readers!

 

 

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Episode 42 released! Thai Legacy with fans of the show Michael and Nicole https://sassergroup.com/2019/01/11/episode-42-released-thai-legacy-with-fans-of-the-show-michael-and-nicole/ https://sassergroup.com/2019/01/11/episode-42-released-thai-legacy-with-fans-of-the-show-michael-and-nicole/#respond Fri, 11 Jan 2019 19:37:35 +0000 https://sassergroup.com/?p=11533 The post Episode 42 released! Thai Legacy with fans of the show Michael and Nicole appeared first on Kyle Sasser.

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Episode 42 released! Thai Legacy with fans of the show Michael and Nicole

KYLE SASSER

Kyle Sasser is a Tampa Bay Native and a professional Realtor

What’s it feel like to get fan mail?  A whole lot better than getting hate mail!

In Episode 42 I have lunch with my wife as well as Michael and Nicole at Thai Legacy, a Thai restaurant that’s so good you’ll be dreaming about the Mango Sticky Rice for weeks!

Listen to the full show at Great Things Tampa Bay

Want to know all the great eats, great places, and great people in the greater Tampa Bay area? 

Sign up for my Great Things Tampa Bay Newsletter!

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Pinellas County November 2018 Real Estate Statistics https://sassergroup.com/2019/01/10/pinellas-county-november-2018-stats/ https://sassergroup.com/2019/01/10/pinellas-county-november-2018-stats/#respond Thu, 10 Jan 2019 22:38:33 +0000 https://sassergroup.com/?p=11465 The post Pinellas County November 2018 Real Estate Statistics appeared first on Kyle Sasser.

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Pinellas Real Estate Statistics for November 2018

KYLE SASSER

Kyle Sasser is a Tampa Bay Native and a professional Realtor

The overall market statistics for Pinellas County continue to be positive in November 2018.

The median home price in Pinellas County rose to $261,500, a gain of 12.2% over November 2017.

Remember all real estate market statistics are compared year over year, not month to month because as a year naturally progresses, we have high months and low months.  Here in the Tampa Bay area, our low months typically coincide with the beginning of the school year.

So median home price has risen, and the average sales price rose even more, 17.4% to $332,342.  

The reason for this difference is the much tighter inventory compared to demand in price points below $400,000, and the fact that there was a drop in new listings for homes under $250,000.

 

 

“Median home prices continue to rise, but we continue to build inventory with more houses available to sell, but not enough to overcome demand yet.”

KYLE SASSER

Some other statistics I would like to point out:

Total number of active homes for sale overall is up 13.3% for single family homes in Pinellas County.  This is mainly in the $250,000 and higher price points.  One stand out is the $250,000 – $299,999 range where there was an increase of 26.4%!

Median Time to Contract in the $100,000 – $149,000 range was up 93.3%!  This means either two things.  That all of the “good” homes have been purchased already, or that the market has practically collapsed in the $100k-150k range.  Personally I don’t believe the market has collapsed and there was something causing this statistically that’s not evident strictly by the numbers.  I’ll continue to watch this and see if it’s a trend.

New Listings in the $300,000-$400,000 range, which is a sweet spot for many buyers in St Petersburg, Clearwater, and surrounding areas, saw a 12.7% increase in the number of new listings, which will hopefully provide more choices for buyers in that space.

 

 

 

Market Recap

SELLERS OVERVIEW  — Overall the market still seems to be strong for sellers.  Median and Average home prices are up, even with an increased supply in the number of houses.  The number of new listings also saw a positive bump, resulting in more inventory.  One thing to keep an eye on is that 4.5% fewer homes were sold in November 2018 vs November 2017.

BUYERS OVERVIEW — There are now more houses available for sale, and this is a trend that has been in place for a few months now.  Unfortunately it does take a while to get through the backlog of people wanting to buy homes, so home prices are still increasing.  Given time, the steadily increasing inventory should overcome demand, but that may very well take a year or two.

“There are two things that make a room timeless: a sense of history and a piece of the future.”

CHARLOTTE MOSS, DESIGNER

Want fresh real estate market statistics as soon as I have them?
Subscribe to my Awesome Newsletter!

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Join us for Goat Yoga on March 3rd! https://sassergroup.com/2019/01/09/11455/ https://sassergroup.com/2019/01/09/11455/#respond Wed, 09 Jan 2019 16:49:11 +0000 https://sassergroup.com/?p=11455 The post Join us for Goat Yoga on March 3rd! appeared first on Kyle Sasser.

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Join us for some Goat Yoga!

09

JANUARY, 2019

Astronomy
Life
Society

I’m sure you’ve probably seen the photos on instagram.  Maybe you even listened to Episode 31 of the podcast, where I did a full review of Grady Goat Yoga.

Well, now’s your change to join in the fun! 

Join us on March 3rd at 10am as we do Goat Yoga to benefit the Grady Goat Foundation!  All proceeds go to the Grady Goat Foundation, but all pets, smiles and good times goes to the baby goats that are going to be thrilled to see you!

Please sign up early, as these events fill up quick!

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What are St Pete homes more expensive than Tampa homes? https://sassergroup.com/2018/12/19/st-pete-vs-tampa/ https://sassergroup.com/2018/12/19/st-pete-vs-tampa/#respond Wed, 19 Dec 2018 20:43:47 +0000 https://sassergroup.com/?p=11401 The post What are St Pete homes more expensive than Tampa homes? appeared first on Kyle Sasser.

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Why Are St Pete Homes More Expensive Than Tampa Homes?

19

DECEMBER, 2018

Tampa
Bay
Real Estate

If you take a look at the Tampa Bay area, you will notice a trend:  Homes in PInellas county are generally more expensive than similar sized homes in Hillsborough county.  why is that?

The reason is actually quite simple.  It’s where more people want to live!

Now, this isn’t to downtalk Tampa or Hillsborough County.  Nothing of the sort.  I lived in Tampa, Brandon, and Plant City for most of my life.  I love the Hillsborough River in Tampa, Ybor City is still as amazing as it has been for the last 30 years, and Hillsborough county certainly has more people as well as a richer history if we’re being completely honest.

The main thing Hillsborough has that Pinellas County doesnt, is LAND.

House Currently Under Construction

Pinellas County, which includes the cities of Clearwater, St Petersburg, Gulfport, Safety Harbor, and Tarpon Springs, is the most densely populated county in the state of Florida.  Most people would assume it would be Miami-Dade or Browards County, but no!  It’s Pinellas County in lovely Tampa Bay Florida!

There are 3,347 people per square mile here.  Crazy, right!  Broward, the #2 most dense county in Florida is only half as dense at 1472 people per square mile.

So with that density comes demand.  And that density comes from another fact:  Pinellas county is 95% built.  There is no large tracts of vacant land to build new homes, townhomes, and communities.  Which means the only options are to buy a pre-existing home and live it, or knock it down an build  a new home.  A pricey proposition either way.

So simple supply and demand is the main undercurrent for why homes in say St Petersburg are generally speaking 10%-20% more expensive than the same home in Tampa.  

In Hillsborough County, there are still large scale new construction projects going on, mostly found in the far north of the county on the Pasco border, and in the southeast section of the county, south of the Alafia River. 

This new construction does alleviate some of the pressure off of Tampa’s city center, resulting in lower home prices inside the city itself.  After all, many people would rather have a brand new home with larger a larger lot and a garage than a smaller lot and an older home that may or may not have been taken care of properly.

 

“simple supply and demand is the main undercurrent for why homes in say St Petersburg are generally speaking 10%-20% more expensive than the same home in Tampa. “

Let’s look at and compare actual numbers.

Currently, in October 2018, the average home price single-family homes for Hillsborough County is $286,488.

By comparison,single-family homes in Pinellas County had a average home price of $321,704, a 12% difference!

Now of course average home price can be skewed by factors such as inventory on the market.  Some people believe median home price is a better indicator.  In this case, that is $259,900 for Pinellas and $244,190 for Hillsborough.  But keep in mind that median is not an average, it is just the middle point for all homes sold in a given month.  

In layman’s terms, the median home price is the point at which half of homes sold cost more and half of homes cost less.

 

Some additional reasons that Pinellas County costs more than Hillsborough are because of its waterfront, and it’s proximity to local beaches.

If you ask anyone from up north or the midwest what they know about Tampa, they’ll probably mention “Beaches!”.  But those of us who live in Tampa Bay know that the actual gulf beaches are in Pinellas County.  

Sure, there are some beaches on Tampa Bay itself, notably Picnic Island, Cypress Point Park, and Ben T Davis Beach up on the Courtney Campbell Causeway.  But when most people think of beaches, they think of wide white crystal sands, seashells, and rolling surf crashing against the land.  

Which you’d be hard pressed to find in Tampa Bay, unless there’s a storm coming.

And since most people move to Tampa Bay from outside of the area, they naturally want to gravitate towards the beaches.  After all, it’s what Florida is known for!  I mean, would you move to Colorado just to live near some sand dunes?  Of course not, you’d naturally want to be close to the Rockies!

So this inherent need for people to be close to bodies of water naturally draws people to places like Indian Rocks Beach or Saint Petersburg, with the side effect of slowly applying upward pressure on housing prices.

“By comparison,single-family homes in Pinellas County had a average home price of $321,704, a 12% difference! “

And what about just how cool downtown St Petersburg has become in the last 15 years?  

It has grown from a quiet, sleepy corner of Florida to a hustling, bustling downtown with people out at all hours of the day and all days of the week, taking in sights, sounds and shopping.  You’d be hard pressed to find a type of cuisine not represented somewhere in St Pete, and while we may not be known for our discotheques there are plenty of pubs, lounges, breweries, and distilleries that you will never lack for something to do.

Matter of fact there is so much to do in the area, I host a show and mobile app called Great Things Tampa Bay to help people navigate the myriad of entertainment options available!

There’s art galleries, antique stores, vintage clothings, smash rooms, puzzle rooms, rock climbing, bicycling, running, board game and video game groups, cigars, pipes, shoes….. the only thing I can think of that St Pete doesn’t have is the aforementioned dance clubs.  Oh, lighted golf driving ranges.  We don’t have any of those, because as I mentioned, land is at a premium.

So this cultural beacon in the area, which is much different than Tampa’s, has begun attracting a tremendous amount of people to the area.  Naturally this raises home prices as well as rents.

Beautifully constructed home with a beach color scheme.

And finally, there are the market forces.

Interest rates at still very low historically, and loans are relatively easy to get.  Unlike 2009, when lenders were reluctant to lend even to people with flawless credit, mortgages are fairly given once a buyer displays that are at small to medium risk to defaulting on the loan.

This influx of easier cash naturally allows for higher home prices.  After all, what’s the difference between a $240,000 mortgage and a $260,000 one?  The answer is….. about $100/month.  Which most people are willing to pay to get the home they want.

In addition, there is the additional pressure from overseas.  Thanks to the before mentioned increase in St Pete’s status as a hip city with good things happening, it naturally attracts more attention from overseas buyers.  Perhaps they are not interested in living in Miami, but want the same sort of tropical experience.  They then naturally find St Petersburg, because hey, it’s one of the largest cities on or near the coast of Florida.

Foreign buyers in real estate are many times cash buyers, and they are happy to purchase second or even third homes to relax or leisure in.  Many will move here full time, but not all.  And honestly, that’s great!  Florida, and St Pete in particular, wouldn’t even exist if it were not for tourism.  The only reason St Pete became a city was because the rail line was extended here from Tampa, becoming the Sunshine City and world renowned for Spring Training of such baseball stars as Babe Ruth.

So why are homes in Hillsborough County less expensive than homes in PInellas County?

It really comes down to simple supply and demand.  

Hillsborough County, though they have more people, also have more houses, with more and more being built every day.  This boosts supply, keeping prices in check.  More people want to move to Pinellas County to be close to the beautiful beaches, which when coupled with no additional land for development in Pinellas county leads to naturally rising and higher prices.

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Episode 41 – Furnish Me Vintage with Jackie Williams https://sassergroup.com/2018/11/27/episode-41-furnish-me-vintage-with-jackie-williams/ https://sassergroup.com/2018/11/27/episode-41-furnish-me-vintage-with-jackie-williams/#respond Tue, 27 Nov 2018 18:10:24 +0000 https://sassergroup.com/?p=11366 The post Episode 41 – Furnish Me Vintage with Jackie Williams appeared first on Kyle Sasser.

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Jackie Williams and her husband Todd Wilson are the brains behind an amazing multistory boutique in St Petersburg called Furnish Me Vintage specializing in all things hip and cool!

You’ll find vinyl records, Danish furniture, mid-century design, probably a cool car, some retro stereo equipment, and some awesome artwork.

Take a trip back to the 50s, 60s, and 70s at Furnish Me Vintage!

Listen to the full episode on Great Things Tampa Bay!

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Ready for some new appliances? https://sassergroup.com/2018/11/21/ready-for-some-new-appliances/ https://sassergroup.com/2018/11/21/ready-for-some-new-appliances/#respond Wed, 21 Nov 2018 14:03:31 +0000 https://sassergroup.com/?p=11356 The post Ready for some new appliances? appeared first on Kyle Sasser.

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Ready for a new stove or other appliance?  Black Friday is one of THE best times of year to buy one, but you usually don’t have to line up outside your local Best Buy to get the deals.

Most stores run their Black Friday sales all weekend, so go in on Saturday or Sunday after the masses have already wiped themselves out chasing after loss leaders.  I’ve gotten washers and dryers up to 60% off, and stoves and microwaves for similar!

And don’t forget you may be able to order online as well!

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Do you think this fire-damaged home is salvageable? https://sassergroup.com/2018/11/08/home-fire-damage/ https://sassergroup.com/2018/11/08/home-fire-damage/#respond Thu, 08 Nov 2018 17:15:25 +0000 https://sassergroup.com/?p=6086 The post Do you think this fire-damaged home is salvageable? appeared first on Kyle Sasser.

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Do you think this fire damaged home is salvageable?

08

NOVEMBER, 2018

Kyle
Sasser

Fire damage is not always the death sentence for a home.

While there is significant fire damage throughout, including significantly damaged roof trusses, there are some folks out there who are willing to tackle the project of getting this home back up to speed! (if the purchase price is right of course).

It would need practically an entire gut and roof removal, the only thing left standing would be the exterior block walls!

I’m an Image Caption ready-to-use.

Photograph by Lorem Ipsum via Unsplash

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