Building On The Rise!

Building Starts Increasing!

Here in the Tampa area, builders are, once again, building, not at the pace as before, but they are increasing their "spec" home inventory and they are even adding price increases on a more regular basis.  This, in turn, will assist resale homes in bumping up their price points, as inventory remains low.  Interest rates are at record lows, allowing folks to qualify for more house for their money!  Click on the link above for the complete story.

Interest rates at record low!

If you have been on the fence regarding purchasing or refinancing, perhaps now is the time.  As our prices inch upward and multiple offers are becoming more the norm, now might be the best time to see how much home you are able to purchase!  You may be surprised!  These interest rates are allowing folks to qualify for a whole lot more home than they thought!  Prices are still low!!  Even if you are looking for new construction, I can help you there, too!  Click on the link below to get the complete interest rate article!

Another record low interest rate!

Celebrate Miracle Jeans Day with me!

 

I will be participating in Miracle Jeans Day with my associates at RE/MAX South Shore.  We are a "Miracle Office" where a portion of EVERY transaction gets donated to the Children's Miracle Network!  This year, Miracle Jeqans Day is Wednesday, September 12th.  Dress casual for kids and please donate to the cause by visiting miraclejeansday.com in support!  Thank you!

This week's Interest Rates.... Up for 4th week!

Interest rates have risen for the 4th week in a row.  Although they are still at historic lows, each increase means higher payments or less house one is able to afford.  Couple that with low inventory, it has become difficult to find good housing at this time.  Click on the link below for the complete article.

Interest Rates Rise 4th Week In a Row!

Riverview, Florida makes the "Best Place To Live" list!

Riverview, FL a pretty nice place to live!

I knew when I moved here that Riverview, Florida was a nice place to live.  Now, the world will know it, too!  Should you or anyone you know want to experience Riverview, have them contact me!  I would love to show the Riverview area to folks and let them see for themselves why I love to call this place..... HOME!

Click on the above link for the complete list and article.

Lower Inventory Means Higher Home Prices!

With inventory being as low as it is, comparable to 2005 levels, the price point for average sale's price is moving higher.  Multiple offers are causing foreclosures and short sales to not be as good a deal as they once were, because of increased bids.   Closing cost assistance is drying up and low ball offers are just declined and not countered.   Click on photo to enlarge.

Tampa Bay Housing Inventory Down!

We've been telling you for months that the housing inventory has been declining!  We are seeing multiple offers on all properties that are priced appropriately in the market, including foreclosures, short sales
and there are folks who are "settling" for properties because the perfect ones are not available.

Click on the link below to see the complete article:

http://www.floridarealtors.org/NewsAndEvents/article.cfm?p=2&id=277097

In foreclosure in 2009 or 2010?

"Were you in Foreclosure in 2009 or 2010?"
Have you been involved in a foreclosure? Even if your foreclosure has already been
completed, there may be an opportunity to have your loan file reviewed. If the review
finds errors in how your foreclosure was handled, you may be eligible to receive
compensation.
Click here for PSA: In foreclosure in 2009 or 2010?

Multiple Offers on Properties Becoming Common!

Get Ready For Multiple Offers!

We are seeing this happen more and more and in some communities, a couple thousand over is not going to be enough.  Many of the short sales are experienceing multiple offers and homes priced appropriately in the regular market are also getting some pretty good action in the offer department.  Why?  We are now below 4 months supply of inventory and 38% of that figure is still short sales and distressed properties.  Plain and simple there is not a lot to choose from, so you better be ready!  Click on the title above and it will take you to the complete article.

Prices Are Rebounding in Tampa Bay!

Listen to your Realtor!  They are in the trenches every day and understand the market like no other.  Your Tampa Bay Realtor knows that inventory is VERY low in all categories and that multiple offers on most homes is common these days and that the short sale/distressed properties as a percentage of the market has been shrinking and that prices have been starting to creep upwards!  Don't delay.  There still are some good deals to be had!

You Could Lose a Property With Lowball Offer!

The days of low ball offers are dwindling in the Tampa Bay marketplace.  If you are a serious buyer, you will already know that inventory is quite low and that multiple offers are being placed on what inventory is out there, especially if a property is appropriately priced to begin with.  Click on the title for the complete artilce.
       

Inventory Nearing "Boom Period" Lows!

If you account for about 40% short sales/foreclosures still remaining in the market, this brings the "traditional" single family home inventory to around 4881 units, which is nearing the "boom" inventory.  This could be the summer one could miss out on the best deals if a decision to purchase is delayed.  Coupled with record low interest rates, the time is really NOW!  Let me know how I may assist!

Expecting Addition to Family?

Come talk to me about your real estate needs, whether you are needing to upsize, downsize, purchase your first home or perhaps your last!  Click on the link above to see the latest RE/MAX commercial to hit the airwaves.  I'd love to help!

Reminder: 3.8% tax is not a transfer tax on real estate

http://www.floridarealtors.org/NewsAndEvents/article.cfm?p=1&id=271865

Click on the above link for the complete article.  Within the article is a link to the brochure put out by the National Association of Realtors with the most accurate information on this.  Please take the time to review and understand, so you don't readily accept the rumors out there regarding a transfer tax on all real estate in 2013.

Short Sales May Get Taxed in 2013!

The IRS may begin taxing the short sale deficit in 2013. The current program expires at the end of this year. Click on the title to read the complete story! You may wish to start your short sale now, to avoid.