SI Real Estate Tampa and The Beaches

  A Reflection on How the Unprecedented Events of 2020 Changed Our Real Estate Market If someone told us in 2019 what was to happen the following year, we would not have believed them. From second graders learning through Zoom to one-way arrows in supermarket aisles, all aspects of our everyday lives have been impacted. The lockdowns in early spring especially affected those in the service industry. Restaurants relied on curbside pick up and hotels adopted new cleaning processes and precautions. The real estate industry was no different. Masks, gloves, and sometimes shoe coverings became a requirement during home tours. Virtual consultations replaced coffee shop meetings and closings moved outdoors. How the pandemic affected the real estate market and buyer trends made residential real estate one of the most interesting industries to watch in 2020. The national lockdown in the US began around mid-March. Springtime is usually the busiest time of the year for real estate, but t...

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...

What makes someone visit one city over another? Is it entertainment, convenience, hospitality? We have a winning combination here in Tampa. According to a new report released from Concur, a travel and expense management company, Tampa is the 23rd most visited city in the United States. What sets Tampa apart from so many cities across the country? Concur examined average costs for travel to Tampa but it didn’t identify the reason so many people set their travel plans to land in Tampa. Working in real estate we get an insider perspective about an area. We love Tampa for so many reasons. Residents and visitors get to enjoy close proximity to the beautiful bay, beaches, a strong arts community and unlimited options for entertainment, shopping, and dining. Tampa boasts major sports teams, 3 super bowls in the last 15 years, and national conventions just to name a few. Real estate prices have dropped for the last couple of years. Now unemployment rates are decreasing and housing prices ...