Hello readers: I’m posting an article that was in The Tampa Tribune a couple weeks ago. Shannon, the reporter from the times, called me for an interview! I highlighted the article where she quotes what we disscused regarding the housing market in Tampa Bay. By SHANNON BEHNKEN | The Tampa Tribune Published: March 27, 2009 Joseph […]
2011 Housing Market Forecast -Tampa, Florida
Economists’ Commentary: Housing Forecast for 2010-2011 By Lawrence Yun, Chief Economist Last year’s predictions indicated the boost to existing home sales could be more than 20 percent in the first half of 2010 from comparable period one year before. In 2011, new home sales could jump by nearly 50 percent, though from very depressed levels […]
Tampa Bay Home Sales Rise! Tampa, Fl Real Estate Market Update
Existing Home Sales Rise 23% By SHANNON BEHNKEN sbehnken@tampatrib.com Sales of existing homes rose 23 percent in the Tampa Real Estate Market as bargain hunters snatched up distressed properties and continued to keep home prices lower. That’s the largest jump since September, when sales rose 29 percent. In the Tampa, St. Petersburg, Clearwater metro area, […]
What you should know about Short Sale and Foreclosures
What is a short sale? When researching how to buy homes for sale in Tampa, Florida, you’ll see bank owned (foreclosures) and short sales listed in MLS. They may say “listing price may not be sufficient to cover all expenses” and you’ll know it’s a short sale. Short sales are homes that the seller is hoping the […]
Tampa Real Estate Market #2 in Nation for Foreclosures
The Tampa Tribune reported that the Tampa, Fl area is now number two in the nation in foreclosures. This is unbelievable news, knowing how hot our market was just 4 years ago. According to the statistics Tampa had the most filings in September, 2008, then the rest of the Bay area. TAMPA – Florida leapfrogged […]
CNN Money-Tampa-St.Pete,-Clearwater Home Prices fell 20.6%
Foreclosures take heavy toll on home prices but bargain hunters are re-entering worst-hit markets. By Les Christie, CNNMoney.com staff writer The Median Sales Price, for the Tampa, St. Petersburg and Clearwater areas has dropped 20% to $173,400 from October 2007 to October 2008 A flood of foreclosures has driven home prices down. As many as […]
The best Real Estate Deals are bank owned-Tampa, Fl
I thought this was a great article for people looking to buy a home in the Tampa Bay Housing Market. Many clients that are purchasing homes now always ask me what the difference is between a bank owned and short sale property. This news article is the short version as there are many details involved in the […]
Is it time for Sellers to take any offer? Tampa Real Estate Update
Many sellers should be very concerned after this past week’s economic crisis. Who isn’t watching TV, reading the Newspaper, or getting news online about how this mess could affect the Real Estate Market? This especially holds true to the housing market here in Tampa. If you are trying to sell your home and haven’t already started a short sale or […]