housing: 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)

housing: Florida’s housing market 2015: Report Card - 02/19/16 02:35 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 … (1 comments)

housing: 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)

housing: 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)

housing: 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)

housing: Florida’s Housing Market Stays Hot! Here's why.. - 12/04/15 02:34 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 … (0 comments)

housing: Tampa: Ranked Top 6 in Nation for Real Estate Investors - 10/27/15 01:16 AM

Tampa Bay investors are finding out how hot the area is lately, ranking #6 among the top 50 cities for Real Estate investing. Everyone likes generating wealth, especially if the return (ROI) is on a real estate investment. It is extremely satisfying when you put your money to work for you. Real Estate investors look all over the place searching for the best property to invest their money in. Their money has been working extra hard here in Tampa. Over the past 12 months, Tampa’s investors have averaged 16.7 percent gross return on their investment. That is incredibly high, a very … (3 comments)

housing: We have missed you guys, active rain community! - 10/08/15 02:44 AM
We are back!
Due to the changeover from trulia url's and such, SI Real Estate been absent on here for the past two months. We could not get logged into our account or even connect to the site without a bunch of security flags! As such, our blog posts were not able to be seen by our viewers unless they had our blogspot information. Happy to say that SIRE is back in action, and we are going to bring you the real estate updates we are known for. We love what we are seeing in the housing market and can't wait to share … (4 comments)

housing: Florida’s economy has only gone up, since 2012! - 10/06/15 03:49 AM
 
 
 
It’s no secret by now that Florida is pushing past the recession this year in 2015. Economists and experts have been optimistic all year, and the data is continuing to back them up. Sean Snaith, a highly respected economist at UCF says Florida’s GDP will continue to climb at least through 2018. Could we really see economic growth lasting that long? Snaith fully believes so, citing average housing prices up, payroll being up and real gross state product steadily rising for a while now. The SI Real Estate team fully agrees, as we are seeing rising home prices as well as … (2 comments)

housing: Real Estate Pulse: July New Home Sales up 25%! - 10/06/15 03:21 AM
July New Home Sales up 25%!
 
 
 
 
If you have been following SI Real Estate’s blog this year… we have been tracking the housing market from January all the way through now.  As predicted, the market has been rebounding all year! The most recent news is fantastic, with New Home Sales up 25% in July 2015 versus July 2014.  That is a LARGE rebound in a short amount of time. Another pertinent statistic for tracking the real estate market: we saw an increase of new home sales from June to July, up 5.4% or 26,000 more home sales in July. 
The numbers that were … (2 comments)

housing: 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)

housing: 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)

housing: 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)

housing: Favorable home-buying season is here & now! - 05/09/14 04:39 AM
So far, 2014 has been very positive for the housing market and for the overall economy. Steady increases in home prices and home sales are indicating a continuous trend of strong buyer and seller confidence. The outlook towards real estate is improving quarter by quarter and we are expecting it to stay this way for the upcoming months and years. According to Fannie Mae’s April 2014 National Survey, “for the third month straight, the share of respondents who believe now is a good time to sell a home increased and hit 42%, an all-time survey high.”
One of the other factors feeding the economic … (0 comments)

housing: 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)

housing: Economic Growth Gains Momentum | 2014 - 01/17/14 03:45 AM
Nationwide economic growth is projected to increase to 2.9 percent from the estimated 2.6 percent growth in 2013, according to Fannie Mae’s Economic & Strategic Research Group reports. This increase can be attributed the return of consumer confidence following the government shutdown last fall, which affected hard working men and women across numerous industries. With rebounded optimism, an increase in both consumer and business spending is expected to boost overall economic growth throughout 2014.
A significant driving force contributing to economic growth, according to Fannie Mae’s Chief Economist Doug Duncan, is the continued improvement in the real estate market. RealtyTrac published some encouraging … (2 comments)

housing: Real Estate Pulse: Looking Back & Moving Forward - 01/03/14 05:11 AM
Happy New Year to all! As the stabilization of the real estate market continued to improve over the year, it created extreme excitement about what 2014 may hold for the market, especially in our Tampa Bay area. In this blog, we will briefly discuss the most recent events that occurred in the housing market during the final months of 2013, as well as discuss what the real estate industry may see during the year of 2014.
Looking Back
Due to the short supply of inventory throughout the majority of 2013, the real estate industry witnessed some swift price increases resulting from … (0 comments)

housing: Housing Industry On a Steady Rise - 07/24/13 01:01 AM
In the last two years, there has been an unstoppable positive turn in demand for real estate. This resulted in increased home buyer’s motivation to purchase. In addition, this newest trend boosted builder’s confidence in the real estate market as well.  According to Mr. Jay McCanless, an analyst for Sterne Agee, “Housing demand, whether its rental or ownership, is a positive indicator,” the main reason for this is a steady job creation over the past three years which especially helped the private sector. Tampa Bay area is no exception; there has been a larger demand for multi-family and single family rentals … (0 comments)

housing: 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)

housing: What is the Pulse of Your Market? - 02/10/12 02:53 AM
http://www.review.net/section/detail/2-7-2012-tampa-recovers-despite-reo/   
Tampa Real Estate Pulse: Our market is again on the move in 2012 and we are reminded that our local market is above national averages. What’s your pulse? We would like to know how the real estate market in your area is doing. Tampa has seen significant increases in the last couple of months in both home sale prices and mortagage applications. With the continous flow of foreign investors coming with cash,Tampa's housing market is sure to pick up in 2012.
(2 comments)

 
Nibal Elsaadi (SI Real Estate Tampa)

Nibal Elsaadi

Tampa, FL

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SI Real Estate Tampa

Address: 1046 W. Busch Blvd., Suite 100, Tampa, FL , 33612

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