SI Real Estate Tampa and The Beaches

Big gains in March Home Sales Florida and National market is heating up in 2015 SI Real Estate has been monitoring and reporting the increased activity in the housing market this year. Last month we reported about skyrocketing first quarter new home sales. This month all of the home-sales reports, including both new homes and resale homes echo those same sentiments. Some of the markets reporting sharp rises in March 2015 home sales include the following: Minneapolis, Washington D.C., Atlanta, San Antonio, Jacksonville, Houston, and Seattle. The Real Estate market in Florida has been scorching hot, especially in Miami, Boca Raton and Tampa Bay. Our neighbors to the North (Georgia) are also seeing the same trends. Nancy See, of Atlanta Fine Homes says “I’m seeing a lot of multiple-offer scenarios when a house is well-priced… Buyers are having to act very quickly to get the house they want. It’s almost like a buying frenzy”. This type of great news has not been reported since ...

Recently, bankers have joined loan guarantors to push the ease the proposed capital rules for mortgage insurers. The bankers advised that easing up on the proposed rules will make real estate financing even more affordable for buyers seeking a new home and loan.  Along with the bankers, the National Association of Realtors discussed the importance of having accessible mortgages for first time home buyers. According to the Wall Street Journal , Citigroup and Bank of America are providing mortgages at discounted interest rates as a part of their efforts to help borrowers with low incomes or lack luster credit histories. These discounts are larger than what other banks currently offer on fixed-rate mortgages with high credit scores. This new home loan program encourages borrowers to pay points as a means to receive an even larger discount rate. A point upfront fee lowers the interest rate on a mortgage, and one point is equivalent to 1% of the loan. If you have a $100,...

The 21 st century revolutionized the way we are living and everything around us and the Real Estate industry is not an exception. With introducing new ways of communicating with clients, auctioning properties online, marketing listings on the internet, and in some cases even working with customers living in other countries and purchasing properties they have never seen in real life, the Real Estate professionals had to adjust in order to stay successful. Here at SI Real Estate, we have managed to develop the perfect set of marketing efforts which enabled us to stay strong during the financial crisis and even evolve in a more successful entity during the recent years of the market recovery here in the greater Tampa Bay area. The year 2013 has been our most successful year ever and we are excited to see what the upcoming years will bring.  However, with all great achievements and growth which we have experienced as a company, we have never forgotten about the group o...