Tampa Real Estate Sizzle…Your Best Source for Tampa Real Estate, Tampa Neighborhoods, South Tampa Real Estate, Florida Condominiums and The Latest News on The International Real Estate Market
Jackie Colson-Miller, CIPS
Certified International Property Specialist
NAR Liaison to Austria
Tampa Real Estate
Direct - (813)629-5757
Homeward Real Estate
3401 Henderson Blvd
Tampa, FL 33609
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What’s Happening in The Tampa Real Estate Market?
The latest news on the Tampa Real Estate Market, International Real Estate, and everything you want to know about moving to Tampa, or anywhere in the world, every day on The Real Estate Sizzle!
While many Americans are focused on the Stock Market news, the banking industry, or the Presidential election, others are focused on taking advantage of the “Buyer’s Market” in the housing industry! Yes, there are mortgages available, AND, yes, houses are selling in the Tampa Real Estate market!
The question is: What is Selling in Tampa?
Answer: The “bargains”
No surprise, homebuyers, and investors, bought 932 properties in Hillsborough County in the past 30 days. Of those sales, 32% of the properties were pre-foreclosure, in foreclosure, or already “bank owned”!
While many people may be “waiting” for the “bottom” before they buy, we won’t know WHEN the bottom occurs, until it has already past.
My advice to buyers…start looking! The prices are low, mortgage rates are low and you can get an FHA loan with as little as 3% downpayment.
My advice to sellers? Stay informed about the current prices and make price adjustments to stay competitive!
Looking for a “bargain” in any Tampa neighborhood? Contact me today!
This entry was posted on Thursday, October 16th, 2008 at 1:42 pm and is filed under Real Estate News. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.
