Hi - Recently there has been quite a lot of homes for sale in Tampa. Of course this is true of almost everywhere in the world these days.
Prices for these homes for sale in Tampa have come down approximately 25% in the last year and more like 35% in the last 2 years.
According to Fortune mag, Tampa is not one of the 10 worst cities for homes appreciation in 2009. Eight of those cities are in California - plus Miami and Washington, DC.
Homes for sale in Tampa are likely to sell better in 2009 than they did in 2008.
Visit our websites at Tampa Homes and Clearwater Homes
Monday, December 22, 2008
Thursday, December 11, 2008
Tampa Real Estate
Hello - Another gorgeous day for purchasing some Tampa Real Estate.
You have probably heard the market has picked up and deals are a plenty. Many sellers have not realized it yet - but they are about to.
What's happening now is that appraisals are much lower. So, even if a seller tries to stick to an unnaturally high price - the appraisal will possibly bring it down. We just experienced that exact thing.
Check out our websites at Tampa Real Estate and Clearwater Real Estate
You have probably heard the market has picked up and deals are a plenty. Many sellers have not realized it yet - but they are about to.
What's happening now is that appraisals are much lower. So, even if a seller tries to stick to an unnaturally high price - the appraisal will possibly bring it down. We just experienced that exact thing.
Check out our websites at Tampa Real Estate and Clearwater Real Estate
Friday, November 21, 2008
Tampa Real Estate
Hi - Another update on Tampa Real Estate. Prices in the area have come down mostly with short sales and bank owned. But, builders have also been lowering their prices. For example, KB Homes have lowered the price of their Sunset Pointe development in Clearwater.
More than 90% have sold. Now, there are some new 2/2 units that were selling for 175K - now selling for 130K!!! Even with lake views.
Check out our websites at Tampa Real Estate and
Clearwater Real Estate
More than 90% have sold. Now, there are some new 2/2 units that were selling for 175K - now selling for 130K!!! Even with lake views.
Check out our websites at Tampa Real Estate and
Clearwater Real Estate
Wednesday, November 19, 2008
Tampa Real Estate
Hi - Tampa Real Estate is really getting busy for the holidays. I think mainly people are coming down to warm up some and looking for some real estate bargains in the process.
Tampa Real Estate is doing better than all of the other big cities in Florida. Saw a couple of awesome mansions on Greek Key Rd by the Gulf of Mexico in New Port Richey today. Both Key West designs. One even had tennis courts and helicopter pad.
Check out our websites at Tampa Real Estate and Clearwater Real Estate
Tampa Real Estate is doing better than all of the other big cities in Florida. Saw a couple of awesome mansions on Greek Key Rd by the Gulf of Mexico in New Port Richey today. Both Key West designs. One even had tennis courts and helicopter pad.
Check out our websites at Tampa Real Estate and Clearwater Real Estate
Sunday, November 16, 2008
Tampa Real Estate
Hi - Another update on Tampa Real Estate. Lately, we have been very busy trying to find the right property at the right price for a number of cash buyers. There are a large number of cash buyers out there - but they are looking for big time deals.
Most, I would say, are looking for something bank owned. With bank-owned, also know as REO (real estate owned), you can get a substantial discount. Banks are often more realistic in their pricing. They have many properties to sell and they are not personally sustaining the loss.
A few years ago, at the height of the market, the going price for nice homes was around 200 per square foot. Now, many bank-owned are going for approximately 100 per square foot. Wow - quite the difference.
Bottom line: it is an excellent time to take some of that cash you removed from the stock market and use it to pick up a steal on Tampa Real Estate.
Visit our websites at Tampa Real Estate and Clearwater Real Estate
Most, I would say, are looking for something bank owned. With bank-owned, also know as REO (real estate owned), you can get a substantial discount. Banks are often more realistic in their pricing. They have many properties to sell and they are not personally sustaining the loss.
A few years ago, at the height of the market, the going price for nice homes was around 200 per square foot. Now, many bank-owned are going for approximately 100 per square foot. Wow - quite the difference.
Bottom line: it is an excellent time to take some of that cash you removed from the stock market and use it to pick up a steal on Tampa Real Estate.
Visit our websites at Tampa Real Estate and Clearwater Real Estate
Wednesday, July 16, 2008
Tampa Real Estate
Hi - Sales of Tampa Real Estate are up substantially. Check out this quote from the Greater Tampa Area Realtors.
-------------
"Let's hear it for the housing market! June statistics are in and WE ARE THE WINNERS!
(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
Don't let any "Negative Nitwits" try to spin this for you. This is exclusive to the Tampa/Clearwater market area and it is exactly what our anecdotal data has been saying for over six months. Real Estate is local and Tampa along with Orlando (who is having a nice recovery as well) will lead Florida. The home sales price is down, but I think that is reflective of short sales that are finally closing and sellers that are reaching the end of their rope and need to make the sale.
Tampa now has what I have been hoping for since we bottomed in December 2007...TWO CONSECUTIVE QUARTERS OF POSITIVE GROWTH. This is a definitive statement of recovery for our market."
--------------
Visit our websites at Tampa Real Estate and Clearwater Real Estate
-------------
"Let's hear it for the housing market! June statistics are in and WE ARE THE WINNERS!
(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
Don't let any "Negative Nitwits" try to spin this for you. This is exclusive to the Tampa/Clearwater market area and it is exactly what our anecdotal data has been saying for over six months. Real Estate is local and Tampa along with Orlando (who is having a nice recovery as well) will lead Florida. The home sales price is down, but I think that is reflective of short sales that are finally closing and sellers that are reaching the end of their rope and need to make the sale.
Tampa now has what I have been hoping for since we bottomed in December 2007...TWO CONSECUTIVE QUARTERS OF POSITIVE GROWTH. This is a definitive statement of recovery for our market."
--------------
Visit our websites at Tampa Real Estate and Clearwater Real Estate
Tuesday, July 8, 2008
Subscribe to:
Comments (Atom)