SI Real Estate Tampa and The Beaches

The SI Real Estate team would like to wish everyone Happy Holidays! This time of year is truly magical as we get to spend the last days of the year with those who matter the most to us. As we look back on the year 2013, we should cherish all the wonderful moments and also know how to appreciate everything we have as many around us do not have the luxury of spending the last days of the year with our loved ones. As we are coming together to celebrate the holidays at the end the year, we exchange gifts, cook meals, decorate our homes, and partake in many other meaningful activities that bring us closer to our friends and families. Our entire team wishes you all the best for the upcoming year of 2014 and we wish you success, prosperity, and most of all happiness in your personal and business life.   SI Real Estate has enjoyed a wonderful year and we know that without our customers and friends, we would never have been able to do so. No matter where in the world you are spendin...

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 ...

Home ownership has been always a big part of the American dream. Owning your home has a huge impact not only on you but also on people around you. For every sold property in the United States, jobs are being created; generated revenue is making the economy stronger, communities are becoming more stable, and all this contributes to the process of the housing market recovery across the country. SI Real Estate takes the educational part of homeownership very seriously and we believe that is extremely important for our clients to know the advantages of owning your home instead of renting. Here in the Tampa Bay and anywhere else in the United States, being able to purchase your home has been always a sign of responsibility and a source of security for the American middle-class. After the financial crisis in 2008, many Americans have lost their jobs and their real estate went into foreclosure. President Obama and his administration made the housing recovery to one the main goals o...

It’s that time of year again! Thanksgiving is appreciated by many for the great family, friends, and feasts that come together on this special day. It is a time to be with the ones we love, cherish the relationships we’ve made, and reminisce on the good times we’ve had. In today’s day and age, it is far too easy to take all of the wonderful components of our lives for granted.   The added stress and responsibilities of everyday life, ranging from financial demands to work deadlines, can make it difficult to remember the things that we are truly blessed to have. No matter the obstacles, always remember that there is much to be thankful for. Here at SI Real Estate, we are so thankful for the relationships we have made with clients, colleagues, and friends from all over the globe.   We have created enduring friendships with phenomenal people that are sure to last a lifetime. We are grateful to live in a country that grants us freedom. We are honored to serve our community in t...

The 21 st century revolutionized the way we are living and everything around us and the Real Estate industry is not an exception. With introducing new ways of communicating with clients, auctioning properties online, marketing listings on the internet, and in some cases even working with customers living in other countries and purchasing properties they have never seen in real life, the Real Estate professionals had to adjust in order to stay successful. Here at SI Real Estate, we have managed to develop the perfect set of marketing efforts which enabled us to stay strong during the financial crisis and even evolve in a more successful entity during the recent years of the market recovery here in the greater Tampa Bay area. The year 2013 has been our most successful year ever and we are excited to see what the upcoming years will bring.  However, with all great achievements and growth which we have experienced as a company, we have never forgotten about the group o...

For those that do not know, “shadow inventory” refers to the real estate property inventory that is either in foreclosure and has not been sold, or properties that have been withheld from the active market with hopes of a price improvement.  With seller uncertainty of the best time to list properties, this shadow inventory causes data on housing inventory to understate the actual inventory levels in the real estate market. High levels of shadow inventory, especially in the form of underwater, modified, and delinquent mortgages, pose as a significant factor to the recovery of the housing market, but refinancing and strong investor demand for distressed properties have helped bring many properties out from the shadows and into the sunlight.   Active, Pending, and SOLD! As the largest quarter-over-quarter decrease since the beginning of the credit crisis, shadow inventory dropped from 3.28 million loans in Q1 of 2013 to 2.99 million in Q2. This represents a 35% dr...

This deal is official. Tampa, Florida will be the next destination for the retail giant Amazon .   A  fulfillment center of epic proportions is going to be buil t by the end 2014. “This is bigger than landing the Super Bowl, a national Convention or the Olympics. It’s a mega storm of growth that’s hitting our county with feeder bands that will create economic growth all over this area,” said Commissioner Sandy Murman.    An immediate investment of $200 million and creation of up to 3000 jobs are some of the notable benefits of this deal. Amazon has been trying to build a distribution center in the state of Florida for the past 3 years and Tampa is always an attractive city for business. However, high property taxes and other obstacles were slowing down this Amazon goal from becoming reality. In July 2013, Hillsborough commissioners realized the potential advantages of an operation like this and voted on lowering Amazon’s property taxes ...