Get to know the Market!

April 18, 2020

The Real Estate Adaptation - Episode 3

Check Out Episode 3 of The Real Estate Industry Adaptation!

This we he had a great call with another local lender in the Tampa Bay area. His bank is still lending and they haven't seen too much of a slow down in loans. Although Chase is now requiring a 700 credit score and 20%, his bank is still closing loans down to a 640 credit score. He's also still working with buyers that qualify for downpayment assistance. One thing that I think makes Denny stand out is his willingness to help give advice buyers who aren't quite ready to buy. This is sometimes overlooked by busy lenders but I think it's so important to help people right now, especially during this tough time in the world.


If you have any questions for Denny, here's his contact info:

Denny Umphreys II, Vandyk Mortgage

Loan Originator NMLS # 1319463

3801 W. Bay to Bay Blvd.

Tampa, FL 33629

O: | C: (813) 810-9108 | F: (727) 214-6337


If you have any real estate questions, feel free to contact us anytime.

Jason Canaan 813-802-7646 

Amanda Canaan 813-446-1571

25344 Wesley Chapel Blvd, Ste 104

Lutz, FL 33559


April 16, 2020

DOWNLOAD a FREE Home Selling Guide

DOWNLOAD a FREE Home Selling Guide



Why This Spring Is a Great Time to Sell Expert

Insights on the Housing Market

Equity Gain Growing in Nearly Every State

Moving? Equity and Low Mortgage Rates Are on Your Side

This Year Have You Outgrown Your Starter Home?

Thinking of Selling?

Now May Be the Time


Having a Professional on Your Side Makes All the Difference

Why You Shouldn’t “For Sale By Owner”

Tips to Sell Your House Faster

How to Prepare Your House for a Winning Sale


Is Your House Priced to Sell Immediately?

The Role Access Plays in Selling Your House

5 Reasons to Hire a Real Estate Professional


Posted in Blog Posts
April 8, 2020

The Real Estate Adaptation - Episode 2

Check Out Episode 2 of The Real Estate Adaptation! We'll go over the March Data for the Tampa Bay area!

March 31, 2020

The Real Estate Adaptation - Episode 1

Hey Everyone it’s Amanda Canaan, I’m a real estate Broker at Tampa’s Best Realty located in the Tampa Bay and Jacksonville Markets.  I created a new real estate show called 

The Real Estate Industry Adaptation to give people reliable updates on the Real Estate Industry Post Coronavirus. 


I’ll be interviewing professionals from multiple industries to find out the inside scoop of what’s Actually going on in their day to day business. 


I’m hoping that by providing the facts, I can help eliminate the fear, and show how it’s important that all businesses adapt, innovate, and meet the needs of their clients even when faced with difficulties. 


In our first interview, I talked to Ken Ynes. He is a successful local lender in the Tampa Bay Area. He offers some great insight into the mortgage industry and how his business has adapted to serve his clients.


Let me know what Real Estate Questions You have or Who you would like me to interview next? Text Me at 813-446-1571. I’d be happy to get you answers! 


Check Out the Interview now. Please Subscribe to our Page!



March 17, 2020

Find Out Where to find FREE LUNCH for Kids Under 18 in FLORIDA

Click the Link Below to find a location near you!


Help us Spread the Word! If we each do our part to be our best, we can change the world!


Posted in Blog Posts
March 1, 2020

13203 Sanctuary Cove Dr #301

Check our New Listing!

2/2 CONDO NEAR USF ONLY $99,995!


13203 Sanctuary Cove, Unit 301

Temple Terrace, FL 33637


Call Jason Canaan at 813-802-7646 to schedule a showing!

Tampa's Best Realty, LLC

Posted in Blog Posts
Feb. 18, 2020

Financial Advantages of Homeownership


The Overlooked Financial Advantages of Homeownership

The Overlooked Financial Advantages of Homeownership | MyKCM

There are many clear financial benefits to owning a home: increasing equity, building net worth, growing appreciation, and more. If you’re a renter, it’s never too early to make a plan for how homeownership can propel you toward a stronger future. Here’s a dive into three often-overlooked financial benefits of homeownership and how preparing for them now can steer you in the direction of greater stability, savings, and predictability.

1. You Won’t Always Have a Monthly Housing Payment

According to a recent article by the National Association of Realtors (NAR):

“If you’ve been a lifelong renter, this may sound like a foreign concept, but believe it or not, one day you won’t have a monthly housing payment. Unlike renting, you will eventually pay off your mortgage and your monthly payments will be funding other (possibly more fun) things.”

As a homeowner, someday you can eliminate the monthly payment you make on your house. That’s a huge win and a big factor in how homeownership can drive stability and savings in your life. As soon as you buy a home, your monthly housing costs will begin to work for you as forced savings, coming in the form of equity. As you build equity and grow your net worth, you can continue to reinvest those savings into your future, maybe even by buying that next dream home. The possibilities are truly endless.

2. Homeownership Is a Tax Break

One thing people who have never owned a home don’t always think about are the tax advantages of homeownership. The same piece states:

“Both the interest and property tax portion of your mortgage is a tax deduction. As long as the balance of your mortgage is less than the total price of your home, the interest is 100% deductible on your tax return.”

Whether you’re living in your first home or your fifth, it’s a huge financial advantage to have some tax relief tied to the interest you pay each year. It’s one thing you definitely don’t get when you’re renting. Be sure to work with a tax professional to get the best possible benefits on your annual return.

3. Monthly Housing Costs Are Predictable

A third item noted in the article is how monthly costs become more predictable with homeownership:

As a homeowner, your monthly costs are most likely based on a fixed-rate mortgage, which allows you to budget your finances over a long period of time, unlike the unpredictability of renting.”

With a mortgage, you can keep your monthly housing costs steady and predictable. Rental prices have been skyrocketing since 2012, and with today’s low mortgage rates, it’s a great time to get more for your money when purchasing a home. If you want to lock-in your monthly payment at a low rate and have a solid understanding of what you’re going to spend in your mortgage payment each month, buying a home may be your best bet.

Bottom Line

If you’re ready to start feeling the benefits of stability, savings, and predictability that come with owning a home, let’s get together to determine if buying a home sooner rather than later is right for you.

Posted in Blog Posts
Oct. 18, 2019

It's not 2008

3 Reasons This is NOT the 2008 Real Estate Market

3 Reasons This is NOT the 2008 Real Estate Market | MyKCM

No one knows for sure when the next recession will occur. What is known, however, is that the upcoming economic slowdown will not be caused by a housing market crash, as was the case in 2008. There are those who disagree and are comparing today’s real estate market to the market in 2005-2006, which preceded the crash. In many ways, however, the market is very different now. Here are three suppositions being put forward by some, and why they don’t hold up.


A critical warning sign last time was the surging gap between the growth in home prices and household income. Today, home values have also outpaced wage gains. As in 2006, a lack of affordability will kill the market.


The “gap” between wages and home price growth has existed since 2012. If that is a sign of a recession, why didn’t we have one sometime in the last seven years? Also, a buyer’s purchasing power is MUCH GREATER today than it was thirteen years ago. The equation to determine affordability has three elements:  home prices, wages, AND MORTGAGE INTEREST RATES. Today, the mortgage rate is about 3.5% versus 6.41% in 2006.


In 2018, as in 2005, housing-price growth began slowing, with significant price drops occurring in some major markets. Look at Manhattan where home prices are in a “near free-fall.”


The only major market showing true depreciation is Seattle, and it looks like home values in that city are about to reverse and start appreciating again. CoreLogic is projecting home price appreciation to reaccelerate across the country over the next twelve months.

Regarding Manhattan, home prices are dropping because the city’s new “mansion tax” is sapping demand. Additionally, the new federal tax code that went into effect last year continues to impact the market, capping deductions for state and local taxes, known as SALT, at $10,000. That had the effect of making it more expensive to own homes in states like New York.


Prices will crash because that is what happened during the last recession.


It is true that home values sank by almost 20% during the 2008 recession. However, it is also true that in the four previous recessions, home values depreciated only once (by less than 2%). In the other three, residential real estate values increased by 3.5%, 6.1%, and 6.6%.

Price is determined by supply and demand. In 2008, there was an overabundance of housing inventory (a 9-month supply). Today, housing inventory is less than half of that (a 4-month supply).

Bottom Line

We need to realize that today’s real estate market is nothing like the 2008 market. Therefore, when a recession occurs, it won’t resemble the last one.

Posted in Blog Posts
Oct. 3, 2019

Buy Now or Next Year

What Is the Cost of Waiting Until Next Year to Buy?

What Is the Cost of Waiting Until Next Year to Buy? [INFOGRAPHIC] | MyKCM

Some Highlights:

  • The “cost of waiting to buy” is defined as the additional funds necessary to buy a home if prices and interest rates were to increase over a period of time.
  • Freddie Mac forecasts interest rates will rise to 3.8% by Q4 2020.
  • CoreLogic predicts home prices will appreciate by 5.4% over the next 12 months.
  • If you’re ready and willing to buy your dream home, now is a great time to buy.
Posted in Blog Posts
Sept. 25, 2019

South Tampa Luxury Townhome for Rent! - 1 Block from Bayshore Blvd!

Posted in Blog Posts