Competition between first-time homebuyers and cash real estate investors are stabilizing home prices. Cash buyers have increased 30% in the greater Tampa Bay area recently. These buyers are purchasing Real Estate for legitimate investments versus the "Gold Rush", fix n' flip mentality of the Real Estate boom a few years ago! This is reducing the inventory of homes and stabilizing home prices!
So run the race! May the best offer WIN!
Don't forget to call Pinellas Financial, a full service mortgage broker located in beautiful Clearwater, Florida! We serve the greater Tampa Bay area and are simply the best around!
All buyers are great when it comes to real estate. We are buying these homes to get out of this recession. We need to be more friendlier to investors because they have the means to purchase many houses.
Disclaimer: ActiveRain Corp. does not necessarily endorse the real estate agents, loan officers and brokers listed on this site. These real estate profiles, blogs and blog entries are provided here as a courtesy to our visitors to help them make an informed decision when buying or selling a house. ActiveRain Corp. takes no responsibility for the content in these profiles, that are written by the members of this community.
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All buyers are great when it comes to real estate. We are buying these homes to get out of this recession. We need to be more friendlier to investors because they have the means to purchase many houses.