Friday, June 28, 2013

Pending Sales Reach New Heights

Pending home sales rose last month to the highest level since 2006! Contract activity is also out pacing the December 2006 levels. While this activity is great, we should also be cognizant of interest rates and the pace at which they are rising. Some buyers are racing to the closing table so they can lock in current rates. At the same time, some sellers are doing whatever is necessary to secure a sale, even if that means taking a lower purchase price. The pace at which home prices are rising cannot continue forever as it is healthy when prices, sales and contracts are fluctuating in the right direction. Call us today to ask how you can take advantage of your local real estate market.

SI Real Estate offers highly personalized, multilingual, full-spectrum real estate purchase and sales services. We are a boutique for sophisticated investors, select owners or renters who may be upgrading locally, or those making traditional relocations. We also provide turnkey landlord and tenant management. Blending comprehensive insight into the Tampa Bay area with international perspectives for a worldwide clientele, we like to think that “SI Real Estate is Global Real Estate in Every Way!”