Belleair Bluffs 2/18/2011 3:08:21 AM
News / Business

Smith & Associates Opens New Office in Belleair Bluffs

A Tampa Bay real estate firm with a track record of 500 million in annual sales is expanding into a new location – but what does that mean for the “housing slump”?

Smith & Associates Real Estate, a company with a 41 year history of helping individuals and families purchase luxury real estate in the Tampa Bay area, will be expanding into a new location in Belleair Bluffs on Thursday, February 24th. This choice is almost unexpected in the current housing climate, and indicates a successful future for not only Smith & Associates, but also the Tampa Bay housing market.

Since first opening their doors, Smith & Associates has grown into a powerhouse in the Tampa Bay area, selling $500 million dollars in real estate annually, with two offices in Tampa - one in Downtown St. Petersburg and now a new locale in Belleair Bluffs. They look at their new facility as an investment, as well as an embracement of the community and an opportunity for further development.

A new real estate office opening up is another sign of a recovering housing market – the way blades of grass peaking up from the snow is a sign of spring. Condo purchases in the state of Florida have gone up by 11%, indicating the rebound of the housing market, and housing sales are expected to rise steadily through 2012. Real estate prices are still low, making the ‘once-unobtainable’ luxury property a reality for many buyers, leading to increased demand and increased sales - such as Water’s Edge, the Pinellas County best seller, which is one of Smith & Associates’ clients.

Smith & Associates has an impressive history, having sold the most expensive residential property in Pinellas County in both 2008 and 2009; and the most expensive single family home in Pinellas County in 2010.  Within the first quarter of this year, Smith and Associates Real Estate has represented either the buyer, seller or both in every single residential sale in Pinellas and Hillsborough County over $3 million - including the most recent notable sale of Matt Geiger's estate at $8 million. 

“We are proud to join the community of Belleair Bluffs,” says Bob Glaser of Smith & Associates. “What better neighborhood to move into than one of Pinellas’s most luxurious townships?”

Smith & Associates will hold their ribbon cutting on Thursday, February 24th, and will be located at 716 N. Indian Rocks Rd in Belleair Bluffs. For more information, visit www.smithandassociates.com.

About Smith & Associates:

Smith & Associates Real Estate has been a mainstay of the Tampa Bay real estate market for over 40 years, providing clients with new definitions of service and luxury. CEO Bob Glaser leads the team and is backed with the power of Smith & Associates Real Estate's dedicated staff and more than 100 veteran agents. Smith & Associates understands the world is changing and how customers buy and sell their property is too. Their real estate services include new and existing home sales, development, mortgage and title, individual and corporate relocations, rentals, commercial, and global properties. With 4 locations across Tampa Bay, they have earned their leadership position by knowing the market, having great listings and a dedication to their local roots.  For more information, visit www.smithandassociates.com.

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