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

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

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