real estate: Tampa's Real Estate Pulse for June - 07/27/21 12:28 PM
The Tampa Bay Real Estate Market remains a hot seller's market!
 
Tampa's real estate market has had a flood of out-of-state buyers looking for more space, better weather, and a lower cost of living. Specifically, residents from California, New York, Connecticut, New Jersey, and Washington DC are fleeing from high taxes and cold weather. This influx was sparked by the pandemic and workers' ability to work from home. Below are the most recent statistics:
 
-There is still currently ONLY 1 month of resale inventory. This is the lowest we've had thus far making it a competitive seller’s market.
-The average sales price has … (1 comments)

real estate: TOP 10 REASONS TO CALL TAMPA BAY AND THE BEACHES HOME - 04/19/21 12:54 PM
Even before the pandemic swept in on the country, people from the Northeast and West Coast have been relocating to Tampa Bay. Tempted by the warm sunshine almost 250 days a year, dazzling sandy beaches, and too many outdoor activities to count, Tampa is a serious contender for anyone looking for a permanent change in lifestyle.
As many of us now are working remotely and have the flexibility to work from anywhere, it no longer makes sense to live in a high-priced, cold-weather state if you don’t have to. Tampa is one of the go-to places for anyone searching for more … (1 comments)

real estate: Navigating the New Home Construction Process - 02/04/21 09:58 AM
 4 Helpful Tips When Buying Your New Home 
New construction homes come with countless perks! The process is more straightforward than traditional home buying and everything is brand new as well as customizable! Buying new has skyrocketed in popularity in the past year around Tampa Bay. Low home inventory has led homebuyers to forgo the competitive resale market and choose to buy and build in new communities.
Although new construction homes have many perks, there are a few things you should do during the process to make the most out of your new home and avoid costly mistakes.
Shop Around with Your Real Estate … (0 comments)

real estate: 2020’s Effects on Tampa Bay Real Estate - 12/29/20 12:38 PM
A Reflection on How the Unprecedented Events of 2020 Changed Our Real Estate Market
If someone told us in 2019 what was to happen the following year, we would not have believed them. From second graders learning through Zoom to one-way arrows in supermarket aisles, all aspects of our everyday lives have been impacted. The lockdowns in early spring especially affected those in the service industry. Restaurants relied on curbside pick up and hotels adopted new cleaning processes and precautions.
                     
The real estate industry was no different. Masks, gloves, and sometimes shoe … (1 comments)

real estate: The Amazing Benefits of the VA Loan Program - 12/03/20 12:54 PM
Unbeatable Perks that Help Our Veterans Purchase their Dream Home
The VA Loan Program is one of the best mortgage options out there. VA Loans are designed to make homeownership affordable for veterans and active-duty military members. There are millions of veterans and service members that are eligible, but only a few use their benefit. If you qualify for this type of loan, here are a few reasons to take advantage now! 
 
VA Loans are relatively easy to qualify for.
VA Loans are backed and guaranteed by the U.S Government. Because there is less risk involved for the bank, there is a higher chance … (0 comments)

real estate: Signs You Should Consider Purchasing a House - 10/30/20 10:38 AM
Benefits of Homeownership Outweigh the Pros of Renting
 
Making the decision to buy a home can be a daunting one. Many people rule out purchasing a house, as it can feel intimidating and they don’t think they qualify. In reality, many renters have the qualifications and ability to become homeowners. It is a major financial decision but is also extremely rewarding and empowering to be able to own where you live. Here are 4 signs you may want to consider becoming a homeowner.
 
You love where you live and plan to stay for a while.
 
Renting is great for people that are new … (1 comments)

real estate: Florida Real Estate Sales Double Compared to Last Year - 09/25/20 12:39 PM
When Florida comes to mind, many used to think of a vacation spot or a place to eventually retire. This has all changed over time, but especially in 2020. Florida has become one of the hottest places to relocate due to the Coronavirus. According to the Daily Mail, around 950 people move to the Sunshine State each day. According to a Douglas Elliman August report, new contracts for single-family homes and condominiums continued to rise in Pinellas and Hillsborough County — after having doubled in July.
 
The Coronavirus lockdown resulted in many people reflecting on their lifestyles, especially work from home orders … (0 comments)

real estate: Are Low Mortgage Rates a Big Deal? - 08/31/20 10:42 AM
Homebuyers Take Advantage of Record Low Mortgage Rates
 
2020 has sent every industry on a rollercoaster, especially residential real estate. During the lockdown, sellers pulled their homes off the market and buyers postponed their showings. The economy cautiously reopened and pent up buyers were ready to resume their house hunt.
 
Besides the 6-foot distance rule and normalizing face masks, the pandemic brought on a major reduction in mortgage rates. When we say major, we mean major. The average rate for the past five years was 4.05%, right now you can get a mortgage rate as low as 2.6%. This is the lowest we … (0 comments)

real estate: New Real Estate Development in Tampa Bay - 08/10/20 12:36 PM
A Look into Tampa's Growing Neighborhoods in 2020
 
In the past few years, we have watched the once sleepy bay area transform into a vibrant city with pockets of lively neighborhoods. A variety of creative restaurants and rooftop bars emerged as well as chic residential dwellings.
 
A billion-dollar investment from Bill Gates attracted technology and consulting companies like ConnectWise and PriceWaterhouseCoopers. Multiple new Amazon facilities and the possibility of becoming the headquarters for Space Force is also sparking interest in the Tampa Bay Area. Many neighborhoods have been brought to life such as Channelside, Hyde Park, and the southernmost point at Tampa’s Marina … (0 comments)

real estate: New Construction Homes vs. Resale Homes - 07/31/20 01:43 PM
 Which home buying option is best for you?
 
Do you prefer the charm of a home with history or the idea of a bright and shiny untouched single-family home in a new community? One of the first decisions you will make as a homebuyer is whether new construction or resale home is for you and your family!
Below we explore a few pros and cons of both options. Remember that you’ll want to hire an experienced real estate agent that has experience with both scenarios to help guide you in making an informed decision. The best part? Your real estate professional will … (2 comments)

real estate: Choosing The Best Realtor® for the Job!   - 05/19/17 09:58 AM
 
 
 
Who you choose to represent you when you buy or sell your home is one of the biggest decisions you’ll make during your move. Your real estate agent can make the process easy, quick, and painless – or long, expensive, and painful.
 
Here are 5 adjectives you should for in your real estate agent if you want to get the most out of the sale of your home or your home purchase:
 
1. Tenacious
Real estate is at times a complex world. There are seemingly endless challenges to navigate through: the house you love was snatched up by someone else; someone put a bid … (0 comments)

real estate: “Shedquarters”: Your New Personal Oasis at Home! - 05/03/17 01:42 PM
With Spring comes new trends and fresh real estate concepts. If you’re looking for an innovative addition to your existing home and living space – here’s your answer!

Introducing ‘Shedquarters’!  This new real estate trend is now emerging and offers your outdoor space a new twist.  You’ve heard of the ever-popular ‘Man Cave’, maybe you’ve even created the ultimate lounge area in your own home, but now it’s time to clean out the lonely  forgotten shed in your backyard, or bring in a new shed and start from scratch!   Here we will imagine the endless possibilities that your own personal ‘Shedquarters’ could … (2 comments)

real estate: Featured Properties: Tampa, FL - 04/21/17 01:27 PM
FOR SALE
~20437 Autumn Fern Avenue~
Absolutely pristine 4 bedroom, 3 bath home located on a picturesque conservation lot in Live Oak. Just built in 2011 and has ample space for your family to grow and stretch in this 2600 sq ft, 2 story, 2 car garage home!!
Just listed for $286,900!
Beautiful 42” espresso cabinets and granite counter tops accent the generous gourmet kitchen with stainless appliances. Easy access to your huge screened in lanai to complete your outdoor space. The flex room downstairs is perfect for any office, den, library or even a formal dining room. 
 Upstairs you’re greeted by a loft space … (6 comments)

real estate: Real Estate in Full Bloom - 04/10/17 08:32 AM
As spring flourishes around us, the real estate market blooms as well! Are you considering making a move this year? Now is the perfect time to prepare for this home selling season! Keeping in mind a few simple marketing tricks to make your home stand out from the competition!
First and foremost, jump on the spring cleaning bandwagon! Sometimes the small details of cleaning the inside of closets and clearing away clutter are forgotten, but these particulars are noticeable to potential home buyers. As articulated by Michele Lerner of Realtor.com, “While everyone has clutter, buyers want to see a fantasy version of … (1 comments)

real estate: Hometown Trends: Tampa, FL - 03/30/17 09:39 AM
Welcome to Tampa, Florida! Home of the Buccaneers, the Lightning, the Rays and Florida’s powerhouse of business and economic development.
Lifetime locals and newcomers alike, have been the beneficiaries of Tampa’s expansive business, entertainment and real estate advancements. Making the list yet again, Tampa ranks #8 on Forbes’ list of Fastest-Growing American Cities.
A major player in Tampa’s growth over the past couple of years has been the ever-expanding Tampa International Airport. Not only has this project enhanced the Tampa traveler experience, but it has also created thousands of local jobs, contributing to Forbes’ 2.43% projected job growth for the Tampa Bay … (0 comments)

real estate: Strike While the Real Estate Iron is Hot: Mortgage Rates for 2017 - 03/02/17 12:59 PM
By and large, we saw a healthy housing market last year – but what should we expect as we embark on a new real estate journey in 2017?
For home buyers, this is your que to strike while the iron is hot! If you’ve been waiting for the right time to buy your new home – your wait is over! Increase your buying power by taking advantage of these lower mortgage rates before we see an increase between 2017 and 2018. As Bill Dallas, CEO at Cloudvirga explains, “We expect GDP [gross domestic product] to increase 2.1% in 2017 and 2.0% … (0 comments)

real estate: A Glimpse Into The Real Estate Crystal Ball: Real Estate Forecast 2017 - 02/02/17 08:21 AM
As the buzz of New Year celebrations have settled down, many people are taking a closer look at the pulse of the real estate market for the year ahead. Whether you are considering buying a new home or selling your existing home, 2017 is looking like a promising year for your potential real estate transactions!
Kicking off 2017, Realtor.com has released their yearly forecast, predicting a sales volume increase of 4.17% across the southern Florida market. Despite South Florida’s strong population growth and stable job creation, 2016 saw a decrease in home and condo sales – making this year’s sales prediction music … (3 comments)

real estate: Real Estate Rewind: 2016 - 12/16/16 12:49 PM
Now twelve months into 2016, we’ve had a big year in real estate! Between the Olympics, the elections and of course, real estate, many changes and trends have emerged.
Rent Vs Buy: Always a hot topic! Typically, consumers have assumed that renting is more affordable than buying a home. But, numerous factors have changed home buying in 2016, including credit reporting!
Have you checked your credit score lately? You may have seen an increase thanks to the new FICO 9 reporting system. Historically, the weight of medical bills negatively impacted consumer credit reports, but now, “A person’s credit score, with medical conditions, will … (2 comments)

real estate: Why Use A Realtor for Your New Construction Purchase? - 11/18/16 02:08 AM
Searching for a home to purchase? You’ve probably noticed the increasing inventory of new construction homes available. Builders are developing new communities all over Florida, especially in the greater Tampa Bay area. If you’re ready to start exploring the option of purchasing a model or builder home, don’t go it alone! There are countless advantages of having an agent with connections to builders and the community, along with new construction experience, by your side for a new home purchase… Always use a Realtor ®
As you admire the freshly built model home, you may be surprised to learn that the “new home … (3 comments)

real estate: First Time Home Buyer - 10/18/16 04:32 AM
It’s time to take the next step and buy your first home. Where to begin, you ask? By and large we find ourselves scouring the internet for real estate listings and then driving by potential homes only to find that it’s been sold, or doesn’t live up to those beautiful online photos.
Here’s the good news! Before getting too wrapped up in the home searching process, there are a few steps you should take to save yourself time, money and lots of disappointment.
First and foremost: Prepare Your Credit for Mortgage Approval.  Now that you’ve decided to turn those rent payments into mortgage … (0 comments)

 
Nibal Elsaadi (SI Real Estate Tampa)

Nibal Elsaadi

Tampa, FL

More about me…

SI Real Estate Tampa

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

Office: (813) 631-5144

Mobile: (813) 215-4523



Listings

Links

Archives

RSS 2.0 Feed for this blog