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Showing posts with the label 2012

2012 Wrap Up and Thank You

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We would like to wrap up the year by saying thank you to all of our friends, families, clients, followers and supporters. We would truly be nothing without you. SI Real Estate is honored to represent you through your real estate transactions in the past, present and future. 2012 has treated the real estate industry quite nicely and we hope that next year sees similar, if not more improvements to the market in which we are all involved in. We hope that you all stay safe through this holiday season. Whether you are visiting family and friends, remember the roads and airways will be busier than usual, so please exercise caution. Please keep all the less fortunate people in your thoughts and remember to be grateful of what you have and where you live. We have seen tragedies such as natural disasters to the East coast, innocent children’s lives taken and political / financial turmoil in foreign countries. 2012 also offered bright spots like amazing performances from the US Olympic te...

Tampa Real Estate | 2012 Year in Review

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The real estate market has seen an abundance of activity in 2012, both positive and promising.  The local Tampa real estate market has shown significant growth since January.   It continues to point in the right direction. We started the year off hoping that the unemployment rate would continue to fall. To our benefit, it has fallen over 1.7% which is far better than the national average .  There were also predictions of an increase in new home construction stemming from depleted inventory resulting in a more balanced supply and demand curve. Jumping forward, September realized more new home starts than any month in the past four years!  Not only is this a strong indicator of builder confidence, which was the highest it has been in six years, but new home starts result in construction jobs created.  Economists from the Home Builder Group suggest that with each new home built, three additional jobs are created and about ninety thousand dollars...