Where we have been – the Seller’s Market For the longest time, we have been in a ‘Seller’s Market’ resulting from historically low inventories. The problem with low inventory began when the market plummeted leaving so many homeowners with diminished equity and thus, an inability to sell. Short Sale programs were successful in helping some […]
A Crystal Lagoon, the first one in the United States, is coming to Epperson. It’s an enormous 8 acre, 16 million gallon swimming pool that will stretch the length of five football fields. It will be 200 feet wide and up to 8 feet deep with a series of “arms” stretching out. Each “arm” of the lagoon off the center will be about 1/4 mile long!
Understanding the condition of the local economy is a prerequisite to buying or selling property in today’s volatile housing market. From the open market operations of the Federal Reserve, on a national level, to changes in employment rates and income, on a local level; demand for housing is increased or decreased by many different influences. […]
View image | gettyimages.com < Lack of inventory’ a top real estate challenge WASHINGTON – July 15, 2015 – Realtors®’ outlook is increasingly optimistic about the housing market in the months ahead. Confidence is staying high, buoyed by a strengthening economy and the opening of the credit box. Reasons for confidence Job creation has reached […]
Did you know that Florida is pretty close to surpassing the population of New York? It is coming fairly quickly. According to an article I read, this past July, the difference in population from New York and Florida was the following: New York – 19.6 million Florida – 19.5 million. Well, for many Floridians, their prior homes […]
WEST PALM BEACH, Fla. – March 8, 2013 – Lesley Deutch, senior vice president at John Burns Real Estate Consulting, said the “Florida market is on fire” in her latest update on the state’s housing market. Deutch says she traveled the state recently and visited more than 20 communities. While recovery reports differ between Florida […]
Who Calls the Shots On both a Short Sale and a Foreclosure property, the Bank holding the mortgage is the one who calls the shots. In a Short Sale scenario the homeowner may still be involved but the Bank either accepts or rejects the offer. On Short Sales, many Banks have begun establishing the price […]
Local Market Report, Second Quarter 2011 Published by the National Association of REALTORS® Knowledge is power and with the information provided by the National Association of REALTORS® you can arm yourself with accurate Tampa area market statistics. View the full report to see comprehensive information in various real estate categories such as: Drivers of Local Supply […]