South Tampa Realtor
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 […]
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 […]
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 […]
I thought I would share an email from a reader who wanted to know more about investing in the Tampa Real Estate market. Hello Rae. I think Condo’s will probably see the most flexibility, due to a large portion of a development still available? Waterfront condo’s are always in season due to their location, in […]
I’ve been receiving a lot of requests for the 2008 Tampa Bay Economic Report, which addresses the Real Estate Housing Market here in the Bay area. It also has data on new construction housing starts If you would like to receive a copy of this 30 page in depth analysis just send us an email […]
June statistics are in for the Tampa Real Estate Market (1) EXISTING HOME SALES UP A WHOPPING 76% SINCE JANUARY, 2008 (2) INVENTORY DOWN 5.5% SINCE JANUARY 2008 (3) MONTHS OF INVENTORY DOWN 54% SINCE JANUARY 2008 (4) AVERAGE SALES PRICE DOWN TO $227,565 (5) AVERAGE DAYS ON MARKET UP FROM 124 IN MAY TO […]
Dr. Lawrence Yun, NAR Chief Economist gave a speech last week at the Greater Tampa Association of Realtors in Tampa. Myself, along with 200 other Real Estate agents attended the informative lecture pertaining to the Housing Market in Tampa. His main focus was to let Realtors know to inform clients that our Tampa Real Estate […]
In the latest National Association of Realtors (NAR) housing outlook, Chief Economist Lawrence Yun says, “Existing home sales could start to show a sustained increase within a few months, unless there are some additional economic problems or excessive inflationary pressure. We’re looking for essentially stable sales in the near term, before higher mortgage loan limits […]
Home values have declined across the country, giving homebuyers the best buys they’ve had since 2004. By Les Christie, CNNMoney.com staff writer Last Updated: March 5, 2008: 10:40 PM EST NEW YORK (CNNMoney.com) — It may be the best time to buy a house in more than four years. Home prices have dropped so quickly […]
Florida’s real estate market has started a new year with the largest selection of homes and condominiums available for buyers in more than a decade. But factor in a continuing inflow of new residents to Florida and that means inventory levels are likely to decline in 2008. “Buyers have a lot of choices throughout the […]
