real estate: 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)
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real estate: Real Estate Pulse: Existing Home Sales Continue to Rise
- 06/10/16 04:07 AM
The lack of homes on the market, price jumps and bidding wars does not stop buyers from closing on the homes of their dreams.
In April 2016, the number of homes sold shot up 4.9%, year over year to 471,000 purchases across the United States of America, according to the National Association of Realtors. Sales were up 11.9% in April from March, likely because of the season change. Spring and summer are the most active time of year for home sales. The reports only looked at existing homes, not new construction and there were no seasonal adjustments taken into consideration for … (2 comments)
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real estate: Why Use a Realtor in a Competitive Real Estate Market
- 05/27/16 03:23 AM
With the housing demand exceeding the supply in markets across the U.S., homebuyers may be facing quite the challenge to find the perfect home this spring. The total housing inventory at the end of February 2016 was 1.88 million, 1.1 percent lower than last year leaving us with an unbalanced market between home buyers and sellers. In Tampa, there are less homes than buyers and clearly we are in a seller's market.
In competitive markets such as these, it is incredibly important that homebuyers and sellers work with a Real Estate Professional. Realtors who have the National Association of Realtors Accredited … (0 comments)
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real estate: 5 Ways Sellers Prepare Homes for the Spring Market
- 04/08/16 12:25 AM
It’s no secret that spring is the busiest time for home buying and selling. Homeowners planning to put their homes on the market should start preparing NOW! Following these few easy tips can make for a much smoother selling experience.
If you are a prospective home seller, here are a few guidelines to help you get ready for the Spring Market:
Minimize Clutter
Don’t you love walking into a newly furnished model home? The open, clear, fresh new home is one you can picture yourself living in instantly. What you don’t see in this model home is a stack of magazines on the … (0 comments)
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real estate: Real Estate Season: Hot Springtime Demand About to Start!
- 03/22/16 02:37 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)
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real estate: 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)
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real estate: 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)
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real estate: 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)
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real estate: 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)
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real estate: 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)
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real estate: 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)
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real estate: 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)
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real estate: 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)
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real estate: 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)
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real estate: 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)
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real estate: 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)
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real estate: Big gains in March Home Sales, Florida and National Market heating up!
- 05/08/15 03:08 AM
Big gains in March Home Sales
Florida and National market is heating up in 2015
SI Real Estate has been monitoring and reporting the increased activity in the housing market this year. Last month we reported about skyrocketing first quarter new home sales. This month all of the home-sales reports, including both new homes and resale homes echo those same sentiments.
Some of the markets reporting sharp rises in March 2015 home sales include the following: Minneapolis, Washington D.C., Atlanta, San Antonio, Jacksonville, Houston, and Seattle. The Real Estate market in Florida has been scorching hot, especially in Miami, Boca Raton and Tampa … (0 comments)
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real estate: 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)
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real estate: 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)
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real estate: First quarter new home sales skyrocket for many national home builders
- 02/13/15 01:49 AM
Early 2015 quarterly reports reflect heavy increase in real estate activity, especially new homes. D.R. Horton is a nationally recognized home builder and has developments throughout the United States. They have been the largest home builder in the U.S. 13 years in a row. On Wednesday, D.R. Horton reported a dramatic increase in new home sales highlighted by “sales orders increased 40% in value to $2.1 billion” from the first quarter of 2014 to the first quarter of 2015.
These numbers are significant considering that first quarter home sales are usually lack luster. What does this tell us? With … (0 comments)
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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.
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