Area Real Estate News & Market Trends

You’ll find our blog to be a wealth of information, covering everything from local market statistics and home values to community happenings. That’s because we care about the community and want to help you find your place in it. Please reach out if you have any questions at all. We’d love to talk with you!

March 1, 2018

Want that "Jimmy Buffet" lifestyle? Check out One Particular Harbour on beautiful Anna Maria Sound

Sheltered from the wind, there’s a private island paradise waiting for you to come ashore... where island-styled residences offer stunning sunset views, a deepwater marina provides direct access to the Gulf of Mexico, and dockside dining and boat drinks are served with a license to chill. Hurry, before this once-in-a-lifetime opportunity sails away!

Where Fun Comes AshoreBoats in Your Backyard, Burgers & Boat Drinks!

Own a piece of paradise! New waterfront residences at One Particular Harbour feature Margaritaville-styled interiors and a private clubhouse pavilion with resort-style pool and outdoor kitchen. Owners also enjoy access to all the private club amenities of Harbour Isles’ award-winning waterfront lifestyle.

One Particular Harbour owners have the option to place your residence with a short-term rental agency, making it a vacation home that can work for you year-round!

Greeting boaters and landlubbers alike with it's tropical "no worries" vibe, One Particular Harbour is a state-of-the-art marina and boathouse that offers direct deepwater access to the Gulf of Mexico. There's also dockside dining and libations, watersport rentals, ship store and much more!

Call us today at (727) 490-8540 to schedule your tour of paradise!


Posted in Video Tours
Feb. 15, 2018

Millionaire to Millennials: Don’t Rent a Home… Buy!

Read the latest blog post on the housing market below.
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Real Estate with Elijah Gardner Ramsey III, PA

On average it is currently 50% less expensive to BUY than to RENT in the bay area. Also according to the Federal Reserve, a typical homeowner’s net worth was $231,400, while that of renter’s was $5,200. A typical homeowner will be ahead of a typical renter by a multiple of 45 on a lifetime financial achievement scale. If you'd like to discuss your position and weigh the options call me at 727-490-8540.

Millionaire to Millennials: Don’t Rent a Home… Buy!

In a CNBC article, self-made millionaire David Bach explained that: The biggest mistake millennials are making is not buying their first home.” He goes on to say that, “If you want to build real financial security, real wealth for your lifetime, then you need to buy a home.

Bach went on to explain:

“Homeowners are worth 40 times more than renters. Now, that first home doesn’t need to be a dream home, it can be a very small home. You might literally have to buy a small studio apartment, but that’s how you get started.” 

Then he explains the secret in order to buy that home!

Don’t do a 30-year mortgage. You want to take that 30-year mortgage and instead pay it off early, do a 15-year mortgage. What happens if you do a 15-year mortgage? Well, one, you pay the mortgage off 15-years sooner, that means you’ll be able to retire in your fifties. Number two, you’ll save a fortune (on potentially hundreds of thousands of dollars in interest payments).”

What will it cost to pay your mortgage in fifteen years? He explains further:

“For fifteen years, you got to brownbag your lunch. Think about that! Brownbag your lunch literally for fifteen years. You can retire ten years sooner than your friends. You’ll have real wealth, because you bought a home – you’re not a renter. And you’ll be financially secure for life.”

Bottom Line

Whenever a well-respected millionaire gives investment advice, people usually clamor to hear it. This millionaire gave simple advice – if you don’t yet live in your own home, go buy one.

Who is David Bach?

Bach is a self-made millionaire who has written nine consecutive New York Times bestsellers. His book, “The Automatic Millionaire,” spent 31 weeks on the New York Times bestseller list. He is one of the only business authors in history to have four books simultaneously on the New York Times, Wall Street Journal, BusinessWeek and USA Today bestseller lists.

He has been a contributor to NBC’s Today Show, appearing more than 100 times, as well as a regular on ABC, CBS, Fox, CNBC, CNN, Yahoo, The View, and PBS. He has also been profiled in many major publications, including the New York Times, BusinessWeek, USA Today, People, Reader’s Digest, Time, Financial Times, Washington Post, the Wall Street Journal, Working Woman, Glamour, Family Circle, Redbook, Huffington Post, Business Insider, Investors’ Business Daily, and Forbes.

Elijah Gardner
Ramsey III, PA
Associate Broker
PSA, Trainer
Pinard-Ramsey Team / Keller Williams Realty St Pete
St Petersburg
(727) 490-8540
Email Me
Visit My Website
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Posted in Helpful Hints
Jan. 29, 2018


In one of the most stunning David and Goliath stories in real estate history, Keller Williams has surged past industry giants like RE/MAX, Coldwell Banker, and Berkshire Hathaway HomeServices to become the number one real estate franchise in agent count, closed units, and closed sales volume in the United States*. In 2017, the company’s 155,000 U.S. agents closed more than 1 million units, generating more than $300 billion in sales revenue.

“We’re proud to be in business with associates who are focused on growing big businesses so they can fund their lives and create opportunities for their families,” CEO John Davis says. “And, while we’re certainly excited for our people and their incredible increases in agent production and market share, we know we’re just getting started. We’re committed to continuing to raise the bar and providing even more value for agents and their clients.”

This achievement in growth and volume is driven by the commitment and excellence of Keller Williams’ agents and is among many the company has enjoyed.

  • Keller Williams had 89 agent teams on REAL Trends' 2017 "The Thousand" – an annual list of North America’s most successful real estate professionals by transaction sides. This was more than any other franchise.
  • KW also had the most market centers – 161 – on the REAL Trends 500 list of top brokerages.
  • On RISMedia’s 29th Annual Power Broker Report, Keller Williams represented an industry-leading 32 percent of the top 1,000 brokerages surveyed in 2017, up from 29 percent of the list the previous year. The report ranks residential real estate brokerage firms according to annual closed transactions and sales volume.

While each achievement is notable, the real story of Keller Williams' success begins several decades earlier.


The Beginning

Founded in 1983 in Austin, Texas, the company had a total of 32 agents that year who closed $28 million in volume. Keller Williams' first agent, Gary Gentry, wrote the first offer – for $55,000. After an auspicious start, the young company was soon reeling from the loss of seven of its top 10 producers to a competitor and was struggling in a tough Texas economy.

“It was a difficult time,” Gentry reflects. “But in retrospect it was a godsend, because if you learn how to survive and thrive in hard times, then when things change, you are going to do exceptionally well and you’ve been hardened and strengthened through the process. With the kind of training support that Gary [Keller] and Joe [Williams] gave us, we were constantly learning how to adapt to a different market. On a daily basis, we would discuss what the market was doing and what we needed to do to grow our businesses. A lot of our policy and culture was developed during this time.”

In 1986, Keller convened the first Associate Leadership Council (ALC) to reinvent Keller Williams from a traditional real estate company into one that would disrupt the industry. He shared his vision to create a new type of real estate company, where a world-class culture focused on the prosperity and well-being of its people would become an environment no agent or team ever wanted or needed to leave.

The ALC's subsequent sessions were the basis of the company's core belief system, the WI4C2TS. They also developed the profit share program, which treats associates who help the company grow as true business partners.

While the company didn't initially benefit from much name recognition or a national presence, Keller knew that by focusing on how the company could attract and retain top industry talent, everything would eventually fall into place.


“Gary Keller and our early leaders had a powerful vision for the kind of company we want to be,” Davis says. “The culture they created continues to permeate everything we do. And by building on that platform of training and technology, we’ve been able to develop systems and models and tools to help everyone achieve more.”

That book, which quickly became a national bestseller and today has sold more than 1 million copies, was the first of its kind to lay out economic, lead generation, budget and organizational models for, but not limited to, real estate agents. It gave Keller Williams a unique and powerful voice in the industry and became a catalyst for the company’s growth.

By 2006, through the leadership of executives like Mo Anderson and Mary Tennant, Keller Williams was the fifth-largest real estate franchise in the United States. Even during the Great Recession, profits grew as agents dug into their businesses and databases. By 2009, the company had moved past Prudential and RE/MAX to become third largest. In 2011, Keller Williams surpassed Century 21 as the number 2 real estate franchise in the country.

Within striking distance of taking the top spot, Keller Williams faced a critical transition. That year, the company's agent count actually declined to roughly 75,000. Now that KW had matured into one of the most formidable sales forces in the industry, it was time to institute more formal systems, accountability, and leadership to ensure that the company's success was predictable and sustainable.


Success – Built From Within

As Keller and his leadership team examined their most successful teams, they saw a unique trend. Each was succeeding through the leadership of John Davis and the models and systems he developed for growth.

As a team leader, Davis turned the Southlake - DFW market center into one of the most profitable Keller Williams offices, and he repeated that success with additional market centers and regions. He did so by holding powerful conversations that helped focus operating principals (OPs), team leaders (TLs), and market center administrators (MCAs) on the core activities that generate results. With healthy business practices being implemented at the local level, agent production grew.

The system was formalized as the “Growth Initiative” and Davis began training other market centers and regions. In 2012, he became Keller Williams’ vice president of growth, taking the Growth Initiative companywide. It proved to be just the system needed to rally leaders and agents alike – reigniting the company's success and attracting more agents by giving them the tools they needed to realize unprecedented production. Keller Williams became the number one real estate franchise in the United States by agent count the following year. In 2013, the company was the top real estate franchise by agent count in North America, and in 2014, more associates called Keller Williams home than any other real estate franchise in the world.

In July 2016, Keller Williams launched the Career Growth Initiative (CGI). Built on the success of the Growth Initiative, the CGI uses similar systems, models, and conversations to help individuals invigorate their business and further boost production.


Prosperity, Shared

At the core of Keller Williams' success lies the commitment to shared prosperity – a priority forged more than 30 years ago in that first ALC meeting. Each month, market centers share roughly half of their profit with the team members who helped achieve those gains.

Maximizing profitability requires creating an environment where agents can build thriving businesses. To help them do so, Keller Williams is committed to delivering the best systems, training, marketing, and innovative technology solutions. When agents and teams succeed, they attract other talented professionals, which helps the company grow and improves each team member's overall success – and profit share.

Since the inception of the profit share program, Keller Williams has distributed more than $1 billion to associates who have helped the company grow. In 2017, the company distributed more than $174 million. In just the past four years, profit sharing has totaled more than in the preceding 21 years combined.

As more agents and teams have joined Keller Williams' ranks, the company has continued its climb, leading to its current position as the U.S. leader in agent count, closed units, and closed sales volume.

While this a milestone to be proud of, it is not the final destination for Keller Williams. It has simply positioned it for what’s next in an industry that is rapidly changing.


KW Evolves to Tech

At the 2017 Family Reunion event in February, the next phase of Keller Williams’ evolution was announced: a commitment to developing the real estate platform that buyers and sellers prefer. And, as a result of its growth and a strong vision cast by Keller, the company plans to invest $1 billion in technology.

“World-class technology companies need to own their product vision, they can’t rent it. We can’t outsource our road map and vision because no one cares more about what you need to be successful than we do,” says Josh Team, chief innovation officer. “Our observation is the number one challenge an agent faces is the number of independent, disconnected technologies.” Agents may need to use as many as a dozen different software products and systems, according to the company's data.

With this investment, Keller Williams raises the bar in its commitment to providing the foremost resources agents need to elevate their businesses. This is crucial as companies pour billions of dollars into technology aimed at disintermediating the agent from the consumer. Yet, by its size alone, Keller Williams has the power of collective data and the magnitude to provide its agents with consumer insights no one can match. With this remarkable leverage, the company keeps agents at the center of the transaction, allowing them to build real estate businesses without limits or boundaries.

We are so proud to be part of the Triple Crown (by agents, units & volume)
# 1 Real Estate Company in the US!

Posted in Press
Jan. 23, 2018

712,000 Homes in the US Regained Equity in the Past 12 Months!

CoreLogic’s latest Equity Report revealed that “over the past 12 months, 712,000 borrowers moved into positive equity.” This is great news, as the share of homeowners with negative equity (those who owe more than their home is worth), has dropped more than 20% since the peak in Q4 of 2009 (26%) to 4.9% today.

The report also revealed:

  • The average homeowner gained approximately $14,900 in equity during the past year.
  • Compared to Q3 2016, negative equity decreased 22% from 3.2 million homes, or 6.3% of all mortgaged properties.
  • U.S. homeowners with mortgages (roughly 63% of all homeownershave seen their equity increase by a total of $870.6 billion since Q3 2016, an increase of 11.8%, year-over-year.

The map below shows the percentage of homes by state with a mortgage and positive equity. (The states in gray have insufficient data to report.)

Significant Equity Is on The Rise

Frank Nothaft, Chief Economist at CoreLogic, believes this is great news for the “housing market.” He went on to say:

“Homeowner equity increased by almost $871 billion over the last 12 months, the largest increase in more than three years. This increase is primarily a reflection of rising home prices, which drives up home values, leading to an increase in home equity positions and supporting consumer spending.”

Of the 95.1% of homeowners with positive equity in the U.S., 82.9% have significant equity (defined as more than 20%). This means that more than three out of four homeowners with a mortgage could use the equity in their current home to purchase a new home now.

The map below shows the percentage of homes by state with a mortgage and significant equity.

Bottom Line

If you are one of the many homeowners who are unsure of how much equity you have in your home and are curious about your ability to move, let’s meet up to evaluate your situation.

Posted in Market Updates
Jan. 18, 2018

Tax Reform & Housing: A Reference Guide

Tax Reform & Housing: A Reference Guide
What it means for you and for the housing market

Disclaimer: This guide is not meant to be a resource for tax advice but instead a resource for basic information concerning only certain aspects of the new tax code and how they may impact the real estate market. You should get tax advice from your accountant or tax preparer who will explain how the entire tax code will affect your personal return.


This information comes immediately after the new tax code became law. Some of the information may be revised as the analysis of the new law evolves.

When the tax code was originally being overhauled by the House and the Senate, there were three major proposals being considered that would have substantially impacted the residential real estate market:

  • Changing the requirements for the exclusion of gain on the sale of a principal residence
  • The reduction on the limit of the Mortgage Interest Deduction (MID)
  • The elimination of the State and Local Tax deduction (SALT) which includes property taxes

Let’s look how the tax code has evolved from the original proposal, and decipher what impact experts believe it may have on the housing market.

1. Exclusion of gain on sale of a principal residence

Original Proposal: Owners would need to live in their house for at least 5 out of the last 8 years to claim this exemption. Under the former tax framework, a typical owner, who has lived in their house for at least 2 years out of the last 5 years, would be able to exclude the first $250,000 of gains if filing single or the first $500,000 if filing jointly.

The New Tax Code: No change. The “at least 2 years out of the last 5 years” requirement is unchanged.

Impact on the Market: None.

2. Mortgage Interest Deduction

Original Proposal: Reduce the limit on the mortgage interest deduction (MID) amount from $1,000,000 to $500,000.

The New Tax Code: Reduces limit on deductible mortgage debt to $750,000 for new loans taken out after 12/14/17. Current loans up to $1 million are grandfathered.

Impact on the Market: Assuming a 20% down payment, this reduction in the MID will impact buyers that are purchasing a home between the prices of $938,000 and $1,250,000. Any home under the lower price is still covered and any home over the higher price was not covered under the former tax code either.

What does that mean to the market? Experts disagree. Calculated Risk’s Bill McBride:

“I think the impact of reducing the MID from a maximum of $1 million in mortgage debt to $750 thousand in mortgage debt will have very little impact on the housing market.”

On the other hand, Capital Economics claims:

“The impact on expensive homes could be detrimental, with a limit on the mortgage interest deduction raising taxes for those that itemize.”

3. State and Local Taxes (SALT)

Original Proposal: The elimination of the state and local tax deduction (which includes property taxes).

The New Tax Code: Allows an itemized deduction of up to $10,000 for the total of state and local property taxes and income or sales taxes.

Impact on the Market: Most experts agree that higher taxed regions will be impacted as homeowners in those communities now have a cap on these deductions.

Calculated Risk’s Bill McBride stated:

“SALT will have an impact on housing in some areas. Some people might choose to live in one state over another (if they have a choice), based on taxation. This could impact demand in certain states – especially for the middle and upper-middle class homeowners.”

Mark Zandi of Moody’s Analytics said:

“The impact on house prices is much greater for higher-priced homes, especially in parts of the country where incomes are higher and there are thus a disproportionate number of itemizers, and where homeowners have big mortgages and property tax bills.”

What will be the overall impact on the housing market?

For most of the country, the new tax code will not have a negative impact on the market. As Capital Economics reports:

“Given most households will see an overall tax cut, and potential buyers are likely to put that saving towards their home, we doubt it will have a significant detrimental impact on the housing market.”

There is also no doubt that some higher priced, higher taxed regions will be affected more than others. However, most experts agree that other portions of the tax code will favor the high-end buyer and seller, and this might mitigate many concerns. McBride explains:

“The corporate tax cuts (and other tax cuts) will mostly benefit the wealthy, and this will be a positive for high end real estate.”

What does this all mean to you?

To know for sure, you should sit with your accountant or financial planner and explore how all the aspects of the new code will impact your family.

Most families consider homeownership an essential part of the American Dream, and don’t purchase a home based solely on the tax advantages. The main reasons they buy a home are personal (they just got married, they are looking for a good place to raise children, they want to be near friends and family, they want to better enjoy their retirement, etc.). This will never change.

Looking at the new tax code, Mr. McBride’s opinion makes the most sense:

“There will be some negative impact based on SALT, but overall the impact of these policy changes on housing will be minimal.”

Posted in Market Updates
Jan. 3, 2018

Elijah Ramsey Becomes Newly Appointed NAR Committee Member



We are proud to announce that our own Elijah Ramsey has been appointed to represent Florida on the National Association of REALTORS® (NAR) State and Local Issues Policy Committee in 2018.


Generally speaking, the committee monitors and analyzes state and local planning Issues, land use regulations, and infrastructure Issues. The committee will tackle topics and issues critical to the mutual goals of the real estate industry and homeowners.


In assembling the 2018 team to address these challenges and opportunities, Elizabeth Mendenhall (2018 NAR President) looked for a diverse and capable group who exemplified a specific set of leadership qualities. These include dedication to the real estate industry, a forward-looking vision for the association, and a range of professional experiences. She is confident that she has selected leaders and experts that will take ownership of protecting homeowner's rights.

Elijah Ramsey


Elijah's goal is to engage Florida homeowners, agents and local, state and national legislators to encourage them to bring forth their unique perspectives and expertise to formulate well-informed decisions on issues pertinent to our industry. He is looking forward to serving with other amazing leaders and having a successful year protecting and promoting home-ownership.



If you would like to talk to Elijah about selling your home call 727-490-8540 

Posted in Press
Jan. 1, 2018

Buying or Selling in 2018? 5 Reasons to Resolve to Hire a Pro


Happy New Year! 

We are here to help you achieve your real estate goals in 2018!

Buying or Selling in 2018? 5 Reasons to Resolve to Hire a Pro [INFOGRAPHIC] | Simplifying The Market

Some Highlights:

  • As we usher in the new year, one thing is for certain… if you plan to buy or sell a house this year, you need a real estate professional on your team!
  • There are many benefits to using a local professional!
  • Pick a professional who knows your local market and can help you achieve your dreams!
Posted in Helpful Hints
Dec. 10, 2017

360 Virtual Tour of the New St Pete Pier

The City of St Petersburg just released the first 360 look at the new St Pete Pier in a virtual animation. The pier is expected to be completed by mid 2019. What do you think of it?

Nov. 15, 2017

Women's Health & Yelp Name St Pete One of the Healthiest Cities in America


Looking to relocate or simply need a weekend reset? Women's Health teamed up with Yelp to uncover the healthiest, happiest, best quality-of-life communities across the country—and some surprising places made the list of 15 Healthiest Cities in America.

Set on Florida's Gulf Coast, St. Petersburg attracts sun-seekers with its year-round bikini weather, white-sand beaches, and 361 days of sunshine (which means you'll need to pack your SPF). As expected, there are lots of water sports, such as speed boating, paddle boarding, windsurfing, and kiteboarding.

For nature enthusiasts, there's Fort de Soto Park. Made up of five interconnected islands, spanning 1,136 acres of wetlands, tidal pools, mangroves, and palm forests.

Travelers with fitness in mind can walk, run, or bike Pinellas Trail, a 38-mile trail and linear park built atop an abandoned railroad.

Afterwards, cool down with a fresh-pressed juice at Karma Juice Bar & Eatery. Don't forget to carve out a couple of hours to check out Locale Market(voted one of the 10 best food halls in America) and grab a bite at FarmTable Cucina upstairs.

And when it comes to accommodations, visitors rank Kimpton Hotel ZamoraThe Vinoy Renaissance St. Petersburg Resort & Golf Club, and The Don CeSar Hotel among their favorites.


Oct. 20, 2017

Video Tour of Gorgeous Caya Costa Villa


Beautiful Lakefront Villa at Caya Costa! Take a drive down the tree-lined street to one of St Petersburg's few gated communities with a 24-hour manned guard.

All on one level, this perfectly maintained 3 bedroom, 2 bath home features cathedral ceilings, wooden plantation shutters throughout, large kitchen with tons of storage, private Master Suite with step in shower and spacious, walk-in closet. An enclosed porch boasts a custom-built bar complete with refrigerator and fully-screened deck perfect for year-round entertaining or simply enjoying the sun rise over your lakefront view with a cup of coffee.

Take a carefree stroll around the impeccably maintained grounds and community amenities featuring a pool and spa, tennis courts, boat ramp, parking/storage for your boat and water access.

Conveniently located between South Tampa and Downtown St Pete, this home is close to all your favorite restaurants and shopping as well as weekly festivals and cultural events. You will love coming home to this maintenance-free oasis!

Posted in Video Tours