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Showing posts with the label builder

Realtors and Home Builders Working Together

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New home sales are an integral segment of the continual stabilization of the real estate industry, especially in recent years, and the relationships between home builders and Realtors are allowing for the increased volume of sales. E.J. Atchner, Senior Vice President of Bank of America, notes that ‘many builders, regardless of their size, are taking a much more collaborative view of partnering with Realtors than in the past.’ An incredible 66% of all new homes sold in 2013 were original prospects of Realtors that were introduced to home builders, according to the National Association of Realtors’ 2013 Buyer Profile Survey, and 88% of potential homebuyers said they will contact a Realtor to assist them through each step of the buying process. The regional marketplace expertise possessed by many Realtors provides clients with an added sense of comfort and security through the memorable, milestone purchase in becoming a homeowner. Many clients of Realtors are eager, willing, and ...

New Homes | New Construction: A Real Estate Option Worth Review

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In today’s real estate market many industry professionals are dealing with the lowest level of housing inventory in many years to show their ready and anxious home buyers. On both a national level and locally in Tampa Bay, we have experienced the effects of the dwindling inventory as it relates to real estate options. We are frequently encountering multiple offer scenarios and bidding wars between buyers and sellers requesting highest and best offer.  New home construction is gaining tremendous momentum and offers home buyers enormous options and appeal. Various areas of Tampa, Florida are on the right side of this opportunity.  We have always enjoyed the benefits of newly developing communities, new home starts, and luxury of turning to new homes as viable options for our home buyers. The U.S. census reported that about 36.5 million people moved into a new home in 2012! The demand for homes in Tampa, Florida is clearly up and mounting. Last year concluded on a high...

Home Prices Turning the Corner: Are You?

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Tampa’s premier home builder, Standard Pacific has recently published an article that sheds light on market conditions and trends in our area. The article is based on a report done by Barclays Capital that forecasts home prices rising as much as 5% – 7.5%! The article also reveals some significant factors that are pushing home prices in an upward direction and how this is being done in two different types of markets. It gives an interesting look into the prime “A and B” markets, and also tells why the “C, D and F” locations will soon become more desirable. On a local level, we are seeing this first hand. New homes in New Tampa are in higher demand than previous years and inventory is quite scarce. We are constantly in multiple offer situations and sometimes loosing the bidding war due to home buyers submitting low ball offers that do not hold up. Standard Pacific has a great presence in the New Tampa area and will soon run out of homes to sell. Don’t miss out on a home of your ...

Featured South Tampa Builder of the Week

BAYFAIR HOMES Homes of Enduring Significance The Grand Tradition of Homebuilding Bayfair has been a presence in the Tampa Bay home market since 1989, acclaimed as a premier builder in the region and valued by a loyal clientele. Through the company’s extraordinary growth since its inception as a custom builder, the foundation of quality craftsmanship and uncompromising customer service has remained at the core of the Bayfair experience. Led by J. Michael Morris and David Seidenberg, Bayfair began exclusively in South Tampa neighborhoods, where the company’s distinctive designs from classic to contemporary are still clearly recognizable. Today, as they’ve expanded to include custom homes throughout Tampa Bay’s premier neighborhoods, an experienced team of professionals preserves the Bayfair tradition of attaining the highest standards in homebuilding, and a dedication to make the building process as memorable and pleasurable as the distinctive home itself. ______________________...