Use Our Interactive Widget for Easy Browsing

-

Comments

Post a Comment

Popular posts from this blog

Multiple Offers: Commonplace in Today’s Real Estate Market

-
Image
In many cities across the nation, and especially here in Tampa, Florida, we have seen a dramatic increase in multiple offer scenarios in our real estate market. This is of course a seller’s dream and somewhat of a “price is right” guessing game for home buyers and their real estate agents. However, this shouldn’t be viewed as a negative occurrence for either side of the transaction. For sellers, having the option to consider multiple offers at various price points had been a thing of the past. This year, it is finally becoming more and more prevalent in our real estate market. An article published by Inman News identifies that most cities that are in real estate recovery (or beyond!), like Tampa, are seeing bidding wars on homes prices in all price ranges. This has nothing whatsoever to do with distressed homes. Other advantages of multiple offers for sellers include: generally quicker sales, less home disruption due to showings, and a “safety net” for the seller is created in cas...
Read more

Favorable home-buying season is here & now!

-
Image
So far, 2014 has been very positive for the housing market and for the overall economy. Steady increases in home prices and home sales are indicating a continuous trend of strong buyer and seller confidence. The outlook towards real estate is improving quarter by quarter and we are expecting it to stay this way for the upcoming months and years. According to Fannie Mae’s April 2014 National Survey, “for the third month straight, the share of respond ents who believe now is a good time to sell a home increased and hit 42%, an all-time survey high.” One of the other factors feeding the economic upturn is the low mortgage delinquency rate. TransUnion’s latest mortgage report states that in the first quarter of 2014, the rate fell to 3.61% which is a 24% decrease in comparison to last year, and it is now exactly at the same level as it was in the second quarter of 2008. It’s encouraging to see mortgage delinquencies drop once again, especially during a period when mortgage origin...
Read more

Tips to Consider when Investing in Real Estate

-
With economic and housing market stabilization underway in many metropolitan areas, investors are becoming increasingly interested in the real estate market again. The abundance of available housing at rock bottom prices makes this an appealing time to boost property holdings. Markets such as the Tampa Bay area have seen an increase of both seasoned and new real estate investors interested in taking advantage of our developing city. If you are considering a real estate investment, there are many details you will need to take into account. Here are a few tips to help in your property investment decision: Weigh the rewards and risks –Investing in real estate carries great potential for wealth. However, such opportunities rarely come without making difficult decisions. Before investing, consider your options. Are you qualified to handle evictions, time management, repairs, reinvesting into the property, and keeping up with documentations and inspections on your own? If the demand seems t...
Read more