Hi - Sales of Tampa Real Estate are up substantially. Check out this quote from the Greater Tampa Area Realtors.
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"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."
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Wednesday, July 16, 2008
Tuesday, July 8, 2008
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