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Showing posts from May 6, 2012

Why Are You Still Waiting?

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When the topic of real estate has come up in conversation with friends, family, or coworkers, you may want to listen up and chime in next time it happens. HousingWire reports that fixed rate mortgages have hit a new all time low at 3.84%! Not only is 30 year FRM dropping, but 15 year FRM are too. A popular financing choice by many, 15 year FRM has dipped down to 3.07%. Both rates are lower than previous months and lower than the previous year in that respective month. Just the facts: Home affordability is also at an all time high, home buyers are actively entering the housing market in search of great real estate values. The Tampa Florida market is seeing an increase in activity sooner than other cities in Florida. Tampa Bay has seen an increase of about $5000 on average listing prices from last year as well. Many listings are being sold for well above the listing price. Trulia reports that New Tampa communities such as Tampa Palms, Hunters Green, and Live Oak are among the most