Click map to activate MLS listings Or, select criteria for standard search St. Petersburg, FloridaSee also Feather Soundand Tierra Verde St. Petersburg MLS Listings Houses / Single Family Houses Homes for sale in St. Petersburg neighborhoods Click map to activate MLS listings Population: 249,068 (largest city in Pinellas, 4th largest in Florida) Average Listing Price: $269,825 Median Sales Price: $135,000 Average Price per Sq/Ft.: $125 City Hall:175 5th Street North St. Petersburg, Florida 33701 St. Petersburg, Florida 33731-2842 Government: Strong mayor elected for four-year term. Eight council members elected from specified districts for four-year staggered terms. Election every odd-numbered year. Services: St. Petersburg provides all services, plus marina, airport, six libraries (Library Cooperative member), 125 parks and recreation facilities (including Sunken Gardens Botanical Attraction and Boyd Hill Nature Park),

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Through the New Neighborhood Stabilization Initiative, the organizations will be able to buy homes for $175,000 or less before investors and other members of the public can bid.Kittens For Sale Rspca "We looked at areas of the country that have a high volume of low-value homes owned by Fannie and Freddie," said Stefanie Johnson of the Federal Housing Finance Agency. Uwf T Shirt"In Tampa (Bay) that was 700-plus." Mg Red Tyre DiameterThe goal is to stabilize the housing market in distressed areas by working with community organizations that "can help develop the best outcome for each property, such as owner-occupied or rental," Johnson said. Among the four Tampa Bay organizations that will have first dibs on the foreclosures is Bright Community Trust, a Pinellas County nonprofit that buys houses, apartments and vacant lots to keep them below market value.

"This is going to help tremendously," said Marquaz McGhee, the nonprofit's housing services director. "A lot of those homes are eyesores, as well as receiving code violations. Also, it will allow housing counseling agencies and developers to put houses back out at an affordable cost to prospective buyers." The news was also welcomed at another designated agency, the Hillsborough County Affordable Housing Department. "It may well end up being a good program," said Paula Harvey, the county's director of housing services, "though I don't know which funding sources would be available to purchase any of these properties." Under a previous program, the county used federal funding to buy numerous foreclosed single- and multifamily homes, many of which it still has because they were so plagued with problems. Also eligible to get an advance look at Fannie Mae and Freddie Mac properties starting Dec. 1 will be the Pasco County Community Development Organization and the CDC of Tampa.

Fannie and Freddie are government-backed, publicly traded agencies that support the housing market by buying and insuring mortgages. After the real estate crash, the agencies acquired hundreds of thousands of homes whose borrowers had defaulted on their federally insured mortgages. Since 2009, Fannie Mae has been unloading houses and condos through its popular online HomePath program. For the first few weeks after a property is listed, only people who intend to live there can buy. If the house doesn't sell in the "first look" period, the price typically is lowered and anyone can bid. Many HomePath houses initially go to investors, who often do a few thousand dollars worth of repairs and cosmetic work, then flip them for a profit. Federal officials began giving nonprofit organizations the first chance to buy under a pilot program that started in Detroit and Chicago. The experience in those cities was positive enough to expand the program to 18 more metro areas, including Tampa Bay, Jacksonville, Orlando and Miami-Fort Lauderdale.