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A recent article from CNBC is indicating that banks may be
moving back to lower down payment loans- something not seen since the collapse
of the housing market which resulted in a 50% loss in values in some areas
of Tampa Bay.
Lenders are now beginning to approve low down payment loans,
mostly due to the fact that the government ...
There's been plenty of news recently about rising real
estate prices across the U. S. But another area of concern for home buyers in
Tampa Bay is starting to get some media attention too-rising home mortage rates.
Long-term U.S. mortgage rates rose this week, a sign of
market improvement according to the Federal Home Loan ...
sales in the Tampa Bay area remained strong during the final 2 months of 2012, and despite an extremely low inventory of homes
for sale in the Tampa Bay area, closings for the first 2 months of 2013 have been
strong as well.
prices on the upswing, more homeowners are finding themselves in a position to
sell their ...
In what would normally be considered a slow
month for Tampa Bay real estate sales, nearly 3800 homes were sold and closed
in the month of October. That is an increase of nearly 25% over home sales this
same time last year and up more than a third from 2010 home purchases.
As the inventory of homes for sale in Tampa Bay continues
It had to happen at some point. The inventory of
homes for sale in Tampa Bay has been steadily declining over the past 3 years.
In September of 2009, there were nearly 28,000 homes for sale in Hillsborough,
Pinellas, and Pasco counties. Fast forward to 2012 and that number has dwindled
to just over 14,000 houses on the ...
A recent news article reported that
U.S. homes are selling more quickly as supplies dwindle; offering more evidence
the housing market recovery is gaining momentum.
"As inventory has tightened
homes have been selling more quickly," said NAR chief economist Lawrence
Yun. "A notable shortening of time on the market began ...
As the inventory of homes for sale in Tampa Bay maintained
its steady decline, properties sold over the last 30 days increased once again over
the previous month’s sales. This continues the trend of higher home sales, even
as the total number of properties for sale has fallen dramatically.
There is currently less ...
According to home sales data reported in the Tampa MLS between May 26th
and June 25th, 2012, the number of residential properties sold in the
Tampa Bay area dropped by over 400 homes.
Is this BAD news?
Not really, based on the available inventory.
The number of homes for sale in Tampa and the surrounding areas has ...