There's a stalemate between ► buyers and sellers. Both are waiting on the sideline waiting for the other to blink. Buyers are reluctant to make a move anticipating the market will still drop. Sellers are waiting for the market to pick up.
This is once again a market where the winners are the savvy investors. In any market, there is always an opportunity if you know where to look. And the opportunity, right now, lies in Bank Owned properties. We have an extensive repertoire of ► Tampa Bank Owned homes in the Tampa market right now.
Our site has a complete list of Bank Owned Homes, Townhomes, and Condos. Go to Tampa4U.com - scroll down to HOT DEALS 4U red box.
The big winners lately are the foreign investors from Europe and Canada who have been inquiring and grabbing these deals from underneath the "real" buyers who are waiting for the market to drop.
See Tampa Bank Owned Alternatives
So what's in store for these buyers who still haven't made a move? Well quite honestly, probably more bank owned properties. The more short sales that don't close, the more bank owned homes we'll see. But then again, more savvy foreign investors. We've been getting at least 1 inquiry per day from foreign investors wanting to purchase a second home or investment here in the Tampa area.
What about the sellers standing on the sideline waiting for the market to pickup? Well, rather bleak. As soon as the market picks up a little... if it does. These sellers standing on the sidelines will flood the market and bring down the price again. So it's a catch 22. So this may go on for awhile. At best the pricing may stay flat. So don't sell unless you have to. If you absolutely have to, Tampa4u is the number real estate website in the Tampa area and we'll be able to give your property the maximum exposure and visibility in this depressed market.
Meanwhile, we should focus on the opportunity. And the opportunity lies in Tampa Bank Owned properties so make sure you don't miss out.
Visit us on our new location at:
Tampa4U.com Realty Inc.
615 Channelside Drive
Suite 101-D
Tampa, FL 33602
813-671-6657
info@tampa4u.com
www.tampa4u.com
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