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With a decreasing inventory of homes for sale in
Tampa Bay, it would be reasonable to expect a drop in the number of houses
selling in and around the bay area. But according to home sales data reported
in the Tampa MLS between June 26th and July 25th, 2012, the
number of residential properties sold in the Tampa Bay area rose ...
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 ...
Low prices and the weakness of the dollar against some
foreign currencies continue to drive international buyers to the Tampa Bay real
estate market and other areas of the U.S. as well. These buyers feel that
prices are where they need to be in order to make profitable investment and
rentals are quite easy to fill in today’s ...
On Tuesday, Bank of America decided to launch their test
Short Sale incentive program taking it nationwide and offering cash to many troubled
homeowners unable to take part in the trial program. The offer could pay a
delinquent homeowner as much as $30,000 if they agree to complete a short sale.
It seems that BofA has finally figured out ...
The “shadow inventory” has been talked about by Economists
and Real Estate Analysts on many occasions over the past few years. The suggestions
have been that a massive inventory of homes is being held back by banks and
that when they release them, a downward spiral in home values would again destroy
the stability of the ...
What’s the recent news for the local real estate market: Bidding
Wars, Fewer Homes for Sale, Foreclosures snapped up as soon as they hit the
There’s a lot of talk in the local media, both Print and
Television, about the Tampa Real Estate market and the appearance of it turning
from a Buyer’s to a ...