Friday, December 16, 2011

Relocating? Snowbird? Retiree? Tampa Bay Real Estate is Calling Your Name

It is predicted that close to 13 million baby boomers will become Florida residents between now and 2023. These future buyers will begin home hunting, and the Tampa Bay area is one of the most attractive places to purchase. We have already seen a 22% increase in homes sold over the last two months compared to last year’s sale’s numbers. An increase is always nice to see, but another interesting statistic to point out would be the 32% decrease in unsold homes in Hillsborough, Pinellas, and Pasco counties. A clear sign that sales volume is up, and home inventory is falling. If you are looking to move due to a change in job status or simply wanting to start fresh, Tampa Bay offers great incentives to relocate.
Before making the decision to rent any type of real estate for the snowbird season, you may ask yourself “what is so special about the Tampa Bay area?” The answers can be endless, and depending on what you enjoy doing, they may be infinite. The greater Tampa Bay area is home to some of the most beautiful beaches like Clearwater, Ana Maria Island, and the St. Petersburg strip. And whether you are into fishing, boating, scuba diving, or just relaxing in the white sands, The Tampa Bay area is suitable for all needs and hobbies. Something that may help bring more snowbirds to the Tampa Bay area is a proposal made by the Canadian Snowbird Association. They were in Washington last week lobbying for passage of the proposed “Canadian Retiree Visa”, which would allow Canadians over the age 50 to stay in the states for eight months instead of the regular six months that is in place now. Florida could see a long term increase in vacation rentals especially real estate near beaches.
The Tampa Bay area brags an extensive list of leisure activities suitable for all, but what some people may not realize is that Tampa Bay is a prominent business oriented city in Florida. The downtown Tampa and Channelside area are major business districts with many classy restaurants, boutiques, and commercial businesses. This is also home to the 2002 Superbowl Champion Buccaneers, Stanley Cup winning Tampa Bay Lightning, and Arena Bowl Champs Tampa Bay Storm. Tampa Florida has hosted two Superbowls in the last ten years bringing visitors to our town for a nationally celebrated sporting event. The amusement parks here in Tampa Bay are second to none. Busch Gardens, Adventure Island, and the Florida Aquarium always top tourists “must do” lists and increase commerce in our city.
Florida is also well known for its remarkable golf courses. Many Tampa Bay communities are specifically tailored for these sports fanatics who also have a need for single family homes. Tampa Palms, Hunters green, Heritage Isles, and Pebble Creek are a few that cater to these real estate investors. Many of these communities have real estate for sale with price points that are more affordable now than ever.

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