tampa: Beach Buyers have non-traditional expectations - 12/13/13 12:30 AM
The Wall Street Journal, in an article today, pointed out that higher end buyers have less time to spare than lower end buyers. It was also pointed out that these buyers are mostly using mobile devises, particularly "I" devises....because they are less interested in cheaper products.
All higher end buyers expect much more from their Realtors than those at the mid-price range and lower.  The latter look for "virtual tours' and pictures on the MLS or other real estate portals to help them in their search for properties in which they may have an interest then want to go on a … (3 comments)

tampa: Sellers will come out of the woodwork! - 07/16/13 07:41 AM
In the Tampa Bay Beaches market we have a shortage of properties for sale with many properties selling for over the offer price.  Those that missed the boom time to sell have seen a major increase in prices since the Gulf Oil Spill bloodbath in 2010.  Many are waiting to get it all back.
In fact, at the beach, we have seen a 50% increase in prices from the Oil Spill days of 2010. The prices dropped 50% from peak to trough....up 50% means down 25% from the absolute buyer frenzy of 2005-2007.  Sellers waiting for that last 25% are on … (0 comments)

tampa: When to Sell if you have a Tampa Bay Beach property? - 11/20/12 11:20 PM
April 2010....the great oil spill hit our real estate market here at the Tampa Bay Beaches.  Business stopped, those of us who make a living at "the beach" had to shift gears on the fly.
Now at Thanksgiving time here things have changed big time!  Real estate prices first went through a bottoming process throughout 2010 and into 2011....then they took off!  Now many property owners have taken their property off the market waiting for higher and higher prices.....some prices are up 50% already!  Appraisals cannot keep up with the market prices resulting in under appraisals making it vrey difficult to … (3 comments)

tampa: Tampa Bay's two tiered market - 05/21/12 02:41 AM
This past week Tampa Bay Florida was chosen as the most depressed metro area in North America....ahead of number two Detroit and number three Miami.
During the same week, it was announced that the Florida Boat Sales number (a good gauge of the degree of optimism) was UP 34% in 2011 over 2010....a huge increase.
What is up here?  In the 25 years that I have been in business in the Tampa Bay market.....I have never seen so much new money flowing into our market.  Much of this is at the upper middle and high end parts of the market.  
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