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Showing posts from February 13, 2011

SI Real Estate Has Its Finger on the Pulse of the Real Estate Market in Tampa Bay

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Pulse 1 ~The Buyers Real Estate Market Local, national and international buyers are purchasing real estate here in the Tampa Bay area and around Florida like there is no tomorrow. The real estate market is booming with sales. Real estate prices are fantastic, mortgage interest rates are great, and people are taking advantage of the opportunities that are available. At this point in time, it is becoming more the norm to have multiple offers on properties for sale, indicative of the swarm of buyers into our real estate marketplace in Tampa Bay. First-time home buyers, along with move-up or repeat home buyers, and local and international investors are all jumping in with both feet to get their piece of the action during these unprecedented times. Pulse 2 ~The Real Estate Rental Market In an article titled, Cheaper to Buy Than to Rent in 72% of Largest U.S. Cities by Inman News dated January 24, 2011, “Despite the rising number of renters across the country, it is cheaper to buy