SI Real Estate Tampa and The Beaches

We have seen a decrease in property values across the nation. Tampa Florida is no different, if a buyer purchased at the height of the market, they may not be able to sell the property for what is currently owed. This blog is to help let owners and sellers know what options they have to consider. Revamp All Efforts to Sell House The last thing you want to hear but the FIRST THING YOU SHOULD TRY is exhausting all efforts to get your home sold, relieving you of financial and legal responsibility. Meet with a savvy and local real estate professional. Examine your price point, evaluate your showing effectiveness of your home, and do some touch up repairs and maintenance to have it looking its best for potential buyers. We are seeing homes sell every day! As a matter a fact we reported in our last blog, “ Life of Real Estate Agents in Tampa ”, that we cannot find enough good quality inventory to show our clients! If you have a nice home, and you price it right for today’s market, it w...

More good news in the Tampa real estate market this week, Tampa ranks in the top ten cities for rentals. This information was provided by CNN Money . According to their report, the labor market is on the rise, down a point in the last 12 months to 10.5% and this coupled with demand is expected to raise rent 12% over the next three years. What does this mean to consumers? If you are in a position to purchase a home, now is the time! Prices are increasing, our last blog, Tampa Bay Housing Prices on the Rise we shared that prices have increased by 18.5 percent over the last 6 months steadily. With prices on rentals increasing and home prices starting a slow incline, get the best deal you can now. If you are an investor or ever thought of getting an investment property, don’t wait any longer to find your property. This steady increase in price we expect to continue and with rising rent rates, now is the time to buy in order to get a great return on your investment over the long run. I...

We have been reporting about an interesting real estate trend in Tampa Bay. Real estate agents are pleasantly surprised that for months now that properties are moving, prices increasing, and finally the news is now reporting their findings, Tampa Bay homes prices are on the rise . The Tampa Bay real estate prices have risen or at least remained constant every month this year.  Tampa Bay Price Changes 2011  According to the St. Petersburg Times , the median selling price of single family homes (including conventional, foreclosures, and short sales) rose 18 percent from $107,500 to $127,000 from January 2011 until June 2011. This is a huge difference in price! If you look at conventional home sales alone in that six month period, the increase was 8.5 percent. The median price is now $169,900, the highest peak since October 2010. January $107,500 We hear the doom and gloom stories of no housing recovery for years, but let’s hear some street talk from SI Real Estate . Six steady ...

With economic and housing market stabilization underway in many metropolitan areas, investors are becoming increasingly interested in the real estate market again. The abundance of available housing at rock bottom prices makes this an appealing time to boost property holdings. Markets such as the Tampa Bay area have seen an increase of both seasoned and new real estate investors interested in taking advantage of our developing city. If you are considering a real estate investment, there are many details you will need to take into account. Here are a few tips to help in your property investment decision: Weigh the rewards and risks –Investing in real estate carries great potential for wealth. However, such opportunities rarely come without making difficult decisions. Before investing, consider your options. Are you qualified to handle evictions, time management, repairs, reinvesting into the property, and keeping up with documentations and inspections on your own? If the demand seems t...