Real estate blog entries tagged with homes by Nibal Elsaadi (SI Real Estate Tampa)

Home : Blogs : Nibal Elsaadi : SI Real Estate | Tampa Real Estate Updates : Tag "homes"

homes: The Tiny Home Trend : Real Estate Trending - 09/08/16 03:56 AM

Flipping through the television channels and social media, you may have noticed that many people are shifting towards downsizing their living space. Shows like Tiny House, Big Living and Tiny House Nation document the trending transition to tiny homes.
So why are so many Americans jumping on the tiny home bandwagon?
According to TheTinyLife.com, the average home is 2600 square feet – compared to the minimal square footage for tiny homes, averaging between 100 – 400 square feet! Those joining the Tiny House Movement are doing so to protect the environment, live frugally and have the freedom to travel.
With their petite structure, many … (8 comments)

homes: Real Estate Season: Hot Springtime Demand About to Start - 03/25/16 03:33 AM

Real Estate Season - Home Buying and Selling
Hot Springtime Demand About To Start!

The first month of each year when home buying starts to heat up is always April. Experts at the Florida Association of Realtors are expecting the next 4 months (April to July) to have the highest number of buyer and seller transactions all year. Considering real estate transactions have already started this year off at an extremely fast pace, it is exciting to think about the upcoming spring season of 2016.

Sellers will remain in the driver’s seat at all pricing levels. Inventory of homes around $100 to $125K are … (0 comments)

homes: Real Estate Season: Hot Springtime Demand About to Start! - 03/22/16 02:37 AM

homes: Florida’s housing market 2015: Report Card! - 02/22/16 02:22 AM

Now that the Real Estate industry has final numbers from 2015, they are releasing that data and the subsequent results of last year. As we have reported many times throughout the last 12 months, 2015 was a very strong year in the housing market. After reflecting on 2015, FL Realtors President Matey Veissi states “Florida’s economy is in growth mode, more jobs are being created and mortgage interest rates remain at historically low levels which will continue to drive the state’s housing market in 2016.” Let’s see what else the 2015 FL housing market report says and the impressive numbers it … (2 comments)

homes: Florida’s housing market 2015: Report Card - 02/19/16 02:35 AM

homes: Real Estate and Housing Predictions for 2016 - 02/03/16 01:04 AM

SI Real Estate Tampa Bay is excited to see what 2016 has in store for the housing market.

We were pleasantly surprised with the uptick in real estate activity in 2015. Of course everyone is turning the page to the New Year, and consumers are contemplating what to expect in the housing market. The professionals here at SI Real Estate fully believe this year will be an even better one, eclipsing the fantastic turn-around last year that took place throughout the US. Some of the key reasons for this that we are going to talk about: interest rates/lending, inventory, and pricing.
Interest rates … (0 comments)

homes: Real Estate Pulse: Recapping 5 years! - 12/31/15 01:27 AM

Real Estate Pulse: Recapping 5 years!
Active Housing Market keeps persuading buyers and now sellers

The last 5 years of the real estate market has been a wild ride to say the least. In 2010, first time home buyers increased dramatically over the norm due to the large tax credit given out by the federal government. That triggered the highest number of first time buyers ever. While this group accounted for half of the homes purchased in 2010, the other key players were the international (cash) investors who were purchasing the rock-bottom-priced inventory. This same group of investors and first time home buyers … (1 comments)

homes: Florida’s Housing Market Stays Hot! Here's why.. - 12/14/15 04:08 AM

All year long we have been watching the real estate market heat up in Florida. There are many reasons why we are seeing a different resurgence this year! A few of the key catalysts are: the Florida Legislature, interest rates and PMI insurance reductions. Each of these played a high valued role in the 2015 housing market. Combining all three, we can see housing is more affordable and there are a lot more people looking for housing!

Florida Governor Rick Scott is very enthusiastic about the housing market citing this past month as another remarkable one for the state. He is particularly … (3 comments)

homes: Florida’s Housing Market Stays Hot! Here's why.. - 12/04/15 02:34 AM

homes: Hot Home Sales in Tampa Bay. Nearly as hot as the summer weather! - 10/06/15 03:42 AM

2015 has been a pleasant year for the Tampa Bay real estate market, marking a full resurgence. Normally sales fall off during the summer vacations, but not this year!
Homes listed for sale are continuing to seek out higher prices, while buyers are actively finding properties to put contracts on. A local North Tampa homeowner listed their house at $450,000 3 weeks ago and had a pending contract 8 days later, including backup offers. SI Real Estate has also participated in this high level of activity, selling three different properties in less than 10 days recently. While we normally see soft interest … (0 comments)

homes: Real Estate Update: Pending Home Sales reach highest level in 9 years! - 07/13/15 07:10 AM

It’s no secret the housing market is making a strong comeback. Inventory is incredibly scarce. Buyers are confident enough in the economy to be actively searching for real estate to purchase. This is leading to a shortage of ready-to-move-in homes. When there is a housing shortage, buyers need to act quickly and sellers are now stepping in. This has been the driving force behind skyrocketing pending home sale statistics. Probably the most positive statistic (there are many this month) is “45% of homes sold within 30 days of being listed”. That is a staggering number compared to what we were seeing … (0 comments)

homes: Real Estate Pulse: Tampa’s Rental market is on fire! Act on it. - 06/12/15 06:49 AM

Real Estate Pulse: Tampa’s Rental market is on fire!
Act on it or the property will be gone in a flash!
SI Real Estate is a full service real estate boutique in Tampa Bay, including property management. We have seen a significant increase in rental activity since February, 2015. As the year has progressed, so has the interest in Tampa’s rental market! Right now, our agents are finding that rental listings are gone in a New York minute. We are receiving calls and emails from an abnormal amount of new residents relocating to our area, causing the demand to drastically outweigh the … (1 comments)

homes: First-Quarter Homes Sales surge in Tampa Bay. Prices rise.. - 04/24/15 07:19 AM

SI Real Estate has been watching the market in Tampa Bay closely this year. We have reported several times since the beginning of 2015 that the market is on the upswing, with statistics to back it up. Hillsborough County just released more first quarter data, and the real estate market is continuing to surge! Housing data released Monday by Florida Realtors showed 3,213 single-family homes sold, 28.6 percent more than February 2014.

Buyers are finding that inventory is still thin, causing prices to rise. The Tampa Tribune interviewed Thomas O’Bryant, executive director of the Greater Tampa Association of Realtors. “Home prices are … (1 comments)

homes: Florida is on the rise again. Maybe you should move here too! - 03/09/15 01:14 AM

Almost everyone over the age of 20 has said the phrase “that’s it, I’m moving to Florida” at some point during their life. Usually it is said out of frustration with the weather, or another popular reason being high taxes elsewhere. In the 90’s and early 2000’s, Florida was an incredibly popular destination to move to. The younger crowds flocked to Miami or Tampa, the wealthy to Miami and Fort Lauderdale, and then the retirees to Naples or Fort Myers. Since 2007 though we have been lagging behind…. Until recently.
Sean Snaith, director of the Institute for Economic Competitiveness … (0 comments)

homes: Good News for Real Estate in the Sunshine State - 04/02/14 06:47 AM

Good News for Real Estate in the Sunshine State: As the 1st quarter of 2014 comes to a close, it is a great time to monitor the good news published across the Sunshine State in real estate headlines. In a recent report from Freddie Mac, utilizing its Multi-Indicator Market Index, analysts discovered that Florida’s housing market showed the most improvement in the entire country during 2013. It also continued to show the most improvement month-to-month in January. The goal of the market index is to effectively measure the market’s stable range, proximity to “normal” and current trends.
In an article … (0 comments)

homes: Real Estate Recap: Tips to Know & Knowledge to Practice - 10/22/13 01:17 AM

The year of 2013 has proven to be quite eventful for the real estate industry, both in the Tampa Bay area and nationwide. Over the last nine months, we have been carefully monitoring the market activity and headliners, and planning accordingly in order to stay abreast of real estate from all angles.
Starting Off Strong
At the beginning of this year, Tampa’s real estate market continued the upward trend that 2012 produced. Home buyers, and the affordability of housing, were finally receiving some serious recognition, and it was a strong way to begin the year. The number of homes that … (32 comments)

homes: Millenials: Real Estate’s Largest Consumers - 06/13/13 03:42 AM

We are hearing more and more about Millenials in the news, and how this new group of 90 million “Generation Y-ers” is finally reaching the time to consider homeownership. While many will point out that student debt and credit standards may keep these potential homebuyers on the sideline, even more hold high expectations that the largest demographic in the nation’s history will continue to be a major player in today’s real estate market.

Encouraging signs that timing is working in favor of the Millenials show that median debt of households made up of people ages 35 and below … (0 comments)

homes: International Real Estate Buyers | Vital Role in Real Estate - 06/07/13 06:22 AM

International consumers have always played a vital role in American economy. Today, more than ever, internationals from neighboring and distant countries are contributing to our real estate recovery both on a local and national level. Individuals from a variety of countries have homeownership increasing to around 36% from 2000 to 2010 and by 2020, it is expected that 50% of all home buying will be fueled by international home buyers. If those numbers don’t seem significant, consider 100 billion worth in mortgage loans!

Florida is a “gate way” state in which many internationals choose to invest. Our close proximity … (0 comments)

homes: Florida Real Estate Sales, Prices and Closings Are Up! - 06/04/13 01:44 AM

Recent data released by Florida Realtors Association indicates that the Florida housing report for Q1 was quite favorable. In fact, sales, pending sales, median prices, and closings all saw increases! Single family homes, townhomes, and condo properties experienced increases in median sales price, which is the 15th consecutive month we have seen such an increase in Florida! All of this real estate activity continues while housing inventory and mortgage rates remain extremely low.

Home buyers are feeling the constraints of the low levels of inventory, especially in the new home purchase arena. Prices continue to climb, some on a month-to-month … (0 comments)

homes: New Homes | New Construction: A Real Estate Option Worth Review - 02/15/13 04:50 AM

In today’s real estate market many industry professionals are dealing with the lowest level of housing inventory in many years to show their ready and anxious home buyers.
On both a national level and locally in Tampa Bay, we have experienced the effects of the dwindling inventory as it relates to real estate options. We are frequently encountering multiple offer scenarios and bidding wars between buyers and sellers requesting highest and best offer.
New home construction is gaining tremendous momentum and offers home buyers enormous options and appeal. Various areas of Tampa, Florida are on the right side of … (0 comments)

Related Links: