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Things to know before you sell a home in today's Real Estate Market-Tampa,Fl

Key Tips for Selling your Home

Home values will stay stagnant or potentially decrease.

Qualified borrowers are looking for deals.

Fewer borrowers are qualifying for home loans.

Rising foreclosures tend to negatively affect home values.

Increased “days on the market” (DOMs) increases the likelihood that buyers will aggressively negotiate prices down.

Continued stress in the financial markets will affect consumer confidence.

Loans may take longer to close.

Appraisals are becoming more difficult to obtain.

Properties should be funded before contract contingencies are removed.

It’s critical to encourage to price homes to sell — and sell quickly — decreasing the need for price reductions.

If you are considering putting your home on the market and would like to speak with a
Real Estate Agent, please call Michelle Jordan 813-695-5677, Realtor-Prudential Tropical Realtly

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Written by Rae Catanese, Realtor

Licensed Realtor since 2002, Tampa Bay’s own Rae Catanese regularly gives expert advice and insider tips about the Tampa Bay real estate market via her blog, The Tampa Real Estate Insider. If you are thinking of buying or selling a home in the Tampa, St. Petersburg or Clearwater areas-then this blog is for you. I typically post articles once a week. To make sure you don’t miss my newest posts, you can subscribe here! Have a real estate question? Email me here!

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