Thursday, July 23, 2009

Join Us for Our Upcoming First-Time Home Buyer Information Session on August 2nd at Courtney Palms Condominiums

Have you been considering purchasing your first home? Today's drastically low interest rates and discounted real estate prices make home buying a reality for many.

Come join the SI Real Estate team of professionals for an information session to discuss what you need in order to be a prepared buyer in today's Tampa Bay real estate communities. We will discuss current trends in the Tampa Bay real estate market and help you understand what to plan for when making a home buying decision.

Here are just a few of the questions that we will be answering:
  • Why is it a good time to buy a house?
  • What is the $8,000 first-time home buyer tax credit?
  • What are the financing options available for first-time home buyers?
  • What does it mean to be prequalified?
  • What are the benefits of buying verse renting?
  • What does your credit score mean?

Come and enjoy a light lunch, meet with our skilled professionals and get prequalified on site by Wells Fargo mortgage specialists. All attendees will receive a $350 gift certificate to use toward closing costs!

The SI Real Estate First-Time Home Buyer Information Session will take place at the Courtney Palms Condominiums clubhouse on August 2nd and will begin at 11:00am. The address for Courtney Palms is 10003 Courtney Palms Blvd., Tampa FL. Click here for a map

Seating is limited. Please send RSVP to Info@SIRealEstateInvestments.com or call (813) 631-5144 to reserve your spot for this exciting event.

Monday, July 20, 2009

Housing Market Index at Highest Level in Nearly a Year

The National Association of Home Builders (NAHB) announced that its July housing market index climbed to the highest level it has been in nearly a year, as improved sales conditions boosted confidence in the market for new single-family homes. The index rose to 17 points, two points above last month's index and the highest it has been since September 2008.

"Builders are seeing slightly better sales conditions this month as consumers takes advantage of the first-time buyer tax credit, low interest rates and attractive home prices." said NAHB chairman Joe Robinson.

A rise in the home builder index is a positive sign for the U.S. housing market, which has been showing continued signs of stabilization with home sales rising and price declines moderating throughout the country. Low interest rates and other incentives have helped builders attract home buyers while the government's $8,000 first-time home buyer tax credit has facilitated a boost in sales.

On a regional basis, the Southern region of the U.S., which includes Florida, posted the most positive change with a five-point increase in their housing market index. Both the Midwest and West regions were unchanged during the month of July while the Northeast posted a three-point decline.