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Keeping It Real is a one-stop compilation of real estate news, restaurant reviews and retail news focusing on St. Petersburg and the bay area.
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How cool is this?

We’re delighted to be actively marketing one of downtown’s coolest condo projects, Vela. One of our absolute favorite things about it is our developer’s forward-thinking decision on electric vehicles. Koly International has designed the infrastructure to include wiring for individual electric car-charging stations in the garage. That means if you own an electric car, you can pay an optional fee to have your charging equipment hooked into the electric grid right at your assigned space. It’s just one of many green features in the building. Find out more by visiting our website, velastpete.com.

Real estate news and trends

  • The Church of Scientology has revealed plans to control a large portion of downtown for a retail makeover. Plans also call for actor and noted Scientologist Tom Cruise to be involved in some sort of entertainment center. [If you're not familiar with Scientology and its history in the bay area, the Tampa Bay Times has an excellent special section on its website.]
  • Why are their so few mortgages being recorded in Tampa Bay? The numbers are striking.
  • Move over, Villages. There’s a new kind of retirement community on the horizon based on Jimmy Buffett’s Margaritaville. Now everyone will have an excuse to look for that lost shaker of salt.
  • Tampa Bay’s still a hot spot for house flippers, but it’s not for the faint of heart.
  • As thousands of people have gained equity in their homes, they may be able to sell, easing the inventory shortage.
  • Tampa’s skyline is set to add three towers on the west bank of the Hillsborough River.
  • Businesses around Williams Park in St. Petersburg have formed their own business district to help them qualify for more funds to rejuvenate the area.

Restaurant and retail news

Newsy tidbits

  • St. Pete’s newest downtown Publix has opened, and the reviews are pretty good.
  • St. Petersburg has two new electric buses running routes.
  • A couple of St. Pete entrepreneurs are providing Airstream trailers to host out-of-town guests.
  • St. Pete’s waterfront just got a whole lot buzzier. Why? Jet surfing! 
  • Downtown St. Pete has a new on-ramp for the interstate that should help workers in the Innovation district.
  • A massive "pickers' collection" that purportedly includes some University of Tampa minaret parts will go up for auction this Saturday.
  • The New York Times spent 36 hours in St. Pete Beach and beyond and writes this glowing recommendation.

Our picks for the weekend(s)

On Saturday, if you haven’t ever checked out the Rough Riders St. Patrick’s Day parade in Ybor, this might be a good year to try it. We find the parking’s easy at the garages, and the crowd vibe is very friendly. And there are lots and lots and lots of blingy, flashing baubles tossed from the floats. … And if you see Williams Park full of people on Saturday, it’s all for a Battle of the Bands contest.

On March 25, St. Petersburg welcomes a new Seafood and Music Festival in North Straub Park (across from the Vinoy). Could be worth a look since it’s only $5 at the gate. … And if you haven’t been to a spring training game yet, what are you waiting on?! There are several going on both Saturday and Sunday.

Interest rates rise; now what?
You may have heard that the Fed raised interest rates this week. That effectively means it could be tougher to get credit, or that mortgage rates will go up a bit. (Want to see what they are right now? Try this website.) Combined with a low inventory of homes right now, this poses problems for buyers looking for an affordable home. It can also be tougher on those who are trying to refinance their home to draw some equity from it. If you're thinking of buying or selling a home in this climate, all the more reason to give us a call so we can put our expertise to work for you.
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Thanks for your continued business. Call me for all of your real estate needs: 727-422-3900. Or connect with me through one of your preferred channels below.
Keeping It Real is compiled by Anne Glover, sales associate with RE/MAX Metro and member of Team Celli. Send feedback to her at anneglover8562@gmail.com.
Copyright © 2017 |Team Celli Real Estate, All rights reserved.

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RE/MAX Metro
150 2nd Ave N. | St. Petersburg | FL | 33701 | 727-896-1800






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Team Celli with RE/MAX Metro · 150 Second Ave. N · St. Petersburg, FL 33701 · USA

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