Tampa Bay Real Estate Market Updates
Something astonishing happened last month. Existing home sales unexpectedly rose 5.1% which is the largest jump in real estate sales in nearly six years. First-time home buyers are taking advantage of the abundance of foreclosures and distressed properties throughout the country and getting great deals! Tax credit, low interest rates and listing prices are motivating people everywhere. For example: Buyers who can only afford homes under $100,000 are amazed to be finding properties they can purchase for this amount or less in neighborhoods that were previously thought to be out of their reach. SI Real Estate Investments just sold a 3 Bedroom, 2 Bath townhome for under $90K and the home was in excellent condition. Bank owned properties are for sale and amazing prices, in every area of Tampa, FL. As the Tampa Bay real estate market and economy is struggling like other major cities to emerge from the biggest real estate downturn since the Great Depression, buyers are the ones benefiting fr...