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...

There was great news for the Tampa Bay Area in regards to home sales last month. 2,839 homes were sold in the entire Tampa Bay Area with a median price of $135,000. These statistics illustrate a 17% increase in home sales for the same period last year, when 2,044 homes were sold. The median home price of $135,000 is a 25% decrease from $185,000 just one year ago. According to the President of the Greater Tampa Association of Realtors, Jack Rodriguez, “These statistics are extremely positive. Hopefully it signals a trend to better things ahead, both for real estate and the economy in general.” Forecasters at Moody’s www.Economy.com predict that home prices will bottom out at the end of this year nationwide. This prediction is largely based on the assumption that President Obama’s recovery efforts, which includes a 2009 tax credit of $8,000 to home buyers who have not purchased a home within the last three years, will have a huge effect. If you have any questions about the 2009 tax cred...

Have you read about the 2009 Housing Market Forecast , portraying the dismal real estate market across the United States? The news is rampant with reports about how bad the real estate market is, especially in certain areas of California, New York and Michigan. Whether you are considering buying or are ready to sell , Tampa, Florida is the perfect place to do it! Why? Because Tampa isn't like other areas of the country . Tampa is a tourist city and a place people go when they retire. Tampa is where people go when they dream of getting out of the cold and snow. These conditions exist regardless of what national market reports say. So, feel comfortable in knowing that you can sell your house now instead of waiting - because tourists and retirees exist no matter what! Feel comfortable knowing that you can buy now because of the affordable homes and condos available here! Contrary to what the media says, now is a great time to buy in Tampa, Florida ! If you have specific question...