SI Real Estate Tampa and The Beaches

Once again, the Tampa Bay real estate market is seeing a significant increase in international real estate interest. A report published by Point2homes, cited by HousingWire, says that Florida home sale listings are viewed and clicked on more often than any other state. Florida remains first. These figures are being helped by our national neighbors, Canada and Mexico. Being that these are drive markets, we attract these types of investors and cash buyers more so than Arizona and Nevada, who placed second and third in the rankings. Canada and Mexico are not the only countries expressing interest in Florida’s real estate market. The U.S. Commerce Department projects 1.5 million Brazilians will come to the U.S. next year, most of them with Florida on their radar. Brazilians outnumbered all other international visitors by 41% in 2011; a number that many predict will continue to climb in 2012. President Obama hopes to speed up the Visa approval process, which in his opinion takes far to...

Investors push Southern California home sales higher

Cramer's Plays on a Potential Housing Rebound Bullish comments reinforced by Jack Welch who thinks the housing market is looking up. http://www.cnbc.com/id/46056008

The net sum of a great deal of graphs, much raw data, and more information from economic and industry trends analyzed by experts, and first hand experience of a professional, is that the Tampa Bay Real Estate Market is making a visible turn. There is a obvious uptick in the prices of homes overall, prices per square foot of real estate, days and overall time on the market, and even new construction starts. To recognize this trend and real estate market, it is our opinion that one must have been a vigorous professional when it was trending up, when at the peak, when at the bottom and even worked at the bottom of this market for the many years the bottom existed. We are no longer at the bottom! It is official! In fact, we have been moving away from the bottom of the market over the past year of 2011. The news is positive, the facts are affirmative. Are you ready for a full real estate recovery? What is your opinion? Here are some highlighted facts for your careful revie...

http://www.housingwire.com/2012/01/18/2012-the-year-of-a-housing-turnaround

When it comes to foreign investors searching for a lucrative real estate return, Florida ranks number one in the US, especially among Cubans, Haitians, and Colombians. The National Association of Realtors data shows that almost a third of all home purchases in Florida, come from foreign residents. With the constant struggles of qualifying for mortgages these days in the US, many of these foreign investors are in a better position because they are cash buyers. Many Cubans see investing in Florida as a safe bet because the concept of owning real estate is still a novelty to them. Now that direct flights to and from Cuba are in full swing, the Tampa Bay area can expect to see an increase in Cuban interest. There are currently about 80,000 Cuban Americans in the Tampa Bay area, all of which are excited that they do not have to travel to Miami for a flight to the island. Another factor that may increase investor activity is the number of home foreclosures in 2011. Down almost 34% from t...