SI Real Estate Tampa and The Beaches

This is the time of year when the weather begins to change and thoughts of being thankful come to mind. We at SI Real Estate wish to give thanks to our families, our friends and our loyal clients. We are very thankful to be thriving in a difficult industry and challenging economy. Thanks to all of you for your continued support. We wish you and yours a Very Happy Thanksgiving!

SI Real Estate has specialized in working with international real estate clientele for many years, and it appears that many other REALTORS® in Tampa, Florida and around the nation are learning the importance of understanding this sector of the real estate marketplace. The real estate market continues to enjoy a large international investor pool of buyers. This is great for the real estate market and the economy as a whole as it helps to reduce inventory of properties for sale and will lead to housing price stabilization. The 2010 REALTORS® Conference & Expo in New Orleans that was held in the first week of November had a series of international discussions to gain global real estate insights during the “Bringing International Real Estate Practices to the U.S.” seminar at the conference. S. Nicolai Kolding, partner at REAL trends and Murray Consulting, spoke about the real estate landscape saying, “As a real estate professional, especially one that works with international client...

Come and Visit Today, Come to Stay! Brandon is conveniently located just east of Tampa, and is known as Tampa’s premier bedroom community. Brandon and surrounding vicinities such as Apollo Beach, Riverview, Ruskin, Seffner, Valrico, and Wimauma comprise one of the most highly sought after areas in the Tampa Bay region. Known for its convenient location, affordable property prices, and amazing natural beauty… come see what all the talk is about. Those interested in residential real estate in Brandon will find many types and styles of homes for sale in Brandon, as well as community events of interest and local amenities unique to the Brandon area. Others may enjoy outdoor activities and family friendly atmosphere of Brandon. If you are considering buying or selling property, planning to relocate, looking for Brandon homes for sale, or looking for any other information about real estate in Brandon, or the surrounding areas, you have come to the right place. The Brandon area and surro...

The word is out…real estate in Tampa Bay and around Florida is a hot commodity for foreign investors! Not only is the weather hot in Tampa, Florida, so is the real estate market. International investors from Argentina, Canada, Colombia, France, Israel, Italy, Norway and Venezuala are swarming to Florida for what they see as irresistible real estate deals. According to msnbc.com’s recent article, Foreign Investors Not Scared of Housing Market , “For the international investor class, the United States’ bloated inventory of homes, high unemployment and weak currency make for an unusually attractive buyer’s market.” Peter Zalewski, founder of Condo Vultures, a consulting and brokerage firm stated, “I have never seen such a high concentration of foreign nationals acquiring real estate. Eighty percent of the sales in downtown Miami are foreign-based. This is unprecedented.” And Miami is not the only “hot spot” for international real estate investors. Surges have been seen in Tampa, Washi...

The real estate market in Tampa, Florida and is seeing an increase in sales to foreign investors, and we aren’t the only city witnessing this spike in foreigners purchasing real estate. Florida and many states across the nation have become target markets for international investors looking for a place to invest their money. Who can blame them? Real estate prices are phenomenal, interest rates are maintaining in the low 4% range, and the strength of foreign currency in relation to the dollar make this a smart investment choice for many. Interestingly, this swarm of foreign investors could very well be what catapults the real estate market into a long-awaited rebound. As the real estate inventory gets bought up, a natural outgrowth will be housing price stabilization. And that is good news for the real estate market! A reduction in inventory and house price stabilization along with fantastic mortgage rates will continue to spur economic recovery. SI Real Estate works with many intern...

At SI Real Estate , we are keenly aware of the fact that international investors continue to seek to purchase real estate in Florida and in other regions in the United States. We have seen a steady influx of foreign investors who are actively investing in our Tampa Bay housing market. While some naysayers about the real estate market here in Tampa, have been sitting idly by, the global investor community are buying real estate, and making money doing it! Some may ask, “Just who is it that is investing in our real estate market?” Well, the latest profile of international activity in the U.S. housing market published by the National Association of Realtors® has revealed many interesting figures regarding that question. Foreign Investment in U.S. Real Estate (2010) – The Stats (Realtors Report) shows the biggest finding was in the state by state breakdown of foreign purchases. The report shows that Florida had 22% of the transactions by international purchasers, California had 12%, Ari...

International buyers of real estate are purchasing homes, townhomes and all types of properties here in Tampa, Florida, and around the state. Tampa has long been known to be a destination city due to the abundance of sunshine, beautiful beaches, a world-renowned international airport, and world-class entertainment and amusement parks. Florida has a history of attracting European, Canadian and South American buyers due to its proximity to these countries. According to International Interest in U.S. Homeownership Increases, Realtors® Report, a recent article published by the National Association of Realtors®, “International buyers were reported in 39 states in 2010, but a slight majority of the total buyers are concentrated in Florida, California, Arizona and Texas. These four states account for 53 percent of purchases and have remained the top destinations for the past three years, with Florida and California remaining the top two destinations.” “A large majority of Realtors® report t...