CNBC recently reported that Tampa has the #1 buyers market in the country right now!!
Investors have left the market and affordability is now back for Tampa buyers! The Job growth continues here in Tampa and our unemployment numbers are low. As this CNBC video states, our Employment remains strong and diverse, Housing inventory is high, and there are many new transfers into the City of Tampa.
They also remind us the difference between Market Value and Assessed or Appraised Value.
Limited Mortgages available play ONLY a small part of who can enter the Tampa housing market. We STILL have subprime loans and we still offer 100% financing for buyers with a job, income, decent credit, and an ability to REPAY the loan.
Can you believe how unreasonable lenders are these days?
It's not the lenders my friend, we are reverting back to days where people actually have to show they have a good track record of payment and housing history to get a loan. Since recent reports show that we have 1 in every 79 households are facing foreclosure, more and more banks are taking short sales to get the over supply of 'buy back loans' off their books!
Take just a few minutes to see what CNBC has to say about Tampa, and mentions FORBES again and our "V Shaped economy" we have...
Watch out Tampa folks... we are in for a ride back up soon, so if you plan to buy now in the Tampa area, get the bargains while you can!! When we start heading back up in values ... we are going to go UP!
To see what your $ will buy you here in the Greater Tampa Bay Area, Including Hillsborough and PascoCounties Click the Search Tampa MLS Button to the left.
If you have the opportunity to Relocate here to the Tampa Bay Area, email us for a FREE No obligation Relocation Guide to Tampa Bay Area Restaurants, Dining, and Entertainment.
Our relocation Packets are ONE OF A KIND!
Katrina Madewell, serving the Greater Tampa Bay Area for 16 years! Native Tampa, Floridian.
Phone (813) 235-9889 Email Katrina@KatrinaMadewell.com
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