SI Real Estate Tampa and The Beaches

If the thought of buying a home has crossed your mind lately, market conditions suggest that now may be the right time to make your move. The Real Estate market is reaching a critical point for home-buyers and conditions have not been better in the past 12 months. Many people dream of becoming homeowners, and mortgage rates, the qualification process and more seem to keep some home buyers on the side line.  Conditions for purchasing real estate have greatly improved. For example, according to this Housingwire article, 30-year fixed mortgage rates have hit a nine- month low.  In fact, mortgage rates have been declining for 5 weeks straight. Some may attribute this to 2014’s slow start to the fiscal year, but it’s evident that now is the time to buy a home to ensure the most affordable rate to make a house your home. If you’ve been renting or leasing a home over the past few years and are thinking about becoming a homeowner, the New York Times posted this in dep...

On M arch 4 th , 2014, the Homeowner Flood Insurance Affordability Act was passed overwhelmingly by the U.S. House! Thousands of realtors across the United States have already expressed their excitement about this newest development. Since the beginning of 2014, over 40 000 home sales have been lost because of unreasonable premiums on flood insurance. Once again, the housing market became once again more affordable. Homeowners and home buyers no longer have to be afraid of once again increasing flood insurance rates. Here at SI Real Estate , we had our own experience with the flood insurance and saw contracts go south because of unrealistic premium charges, which our customers couldn’t afford. Thanks to the National Association of Realtors (NAR) which is the largest trade association in the United States, the housing market will feel immediate relief as flood insurance won’t be such a huge obstacle in the way of buying a property to call home. NAR was the leading advoca...