SI Real Estate Tampa and The Beaches

Searching for a home to purchase? You’ve probably noticed the increasing inventory of new construction homes available. Builders are developing new communities all over Florida, especially in the greater Tampa Bay area. If you’re ready to start exploring the option of purchasing a model or builder home, don’t go it alone! There are countless advantages of having an agent with connections to builders and the community, along with new construction experience, by your side for a new home purchase… Always use a Realtor ® As you admire the freshly built model home, you may be surprised to learn that the “new home sales consultant” greeting you might not actually be a Realtor. Builders employ sales agents and staff to sell their homes, but these individuals are not necessarily required to have a real estate license. While not hiring a Realtor may seem like a thrifty choice, it is always in your best interest to have representation in negotiating your purchase, sel...

Although there has been a high number of a sale in the Tampa Bay real estate market the last couple of months, the industry is sending some mixed signals. What is happening in our changing market? According to The Tampa Tribune , “Homes sales are climbing, up 16 percent from a year ago and 24 percent from last month”. However since there is such a high number of bank owned and distressed properties, the median sale price is only $111,100. Of the 2,375 real estate sales in Tampa in February 2011, a large majority were bought by investors. They see properties in distress, prices continuing to decline and investors are cashing in. The spring selling season is around the corner however, and projections are expecting more traditional homebuyers to start jumping in. Most first time and repeat homebuyers are not interested in the distressed properties. They start off looking at the price tag, but are not prepared to deal with the challenges once viewing the property. They see the value ...