recovery: 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)
recovery: January Home Sale Data is forecasting a strong 2015!
- 02/02/15 12:20 AM
Back in 2008/2009 after the Real Estate market crashed, economic and Real Estate experts were repeatedly forecasting a 6-7 year recovery period. They all highlighted 2015 as the year we would see resurrection in the housing market. Well that prediction seems to be coming to fruition now! We are seeing many positive reports and trends from late 2014 to early 2015.
We are starting to see the rebound all around Florida, but extra activity in Tampa Bay. The excitement/enthusiasm is building here and our team here at SI Real Estate is noticing. Normally home sales in January are expected … (0 comments)
recovery: Spring Season Brings in Steady Breeze of Buyer & Seller Confidence
- 04/11/14 01:58 AM
As the spring season is just around the corner, American optimism towards the housing market is gaining momentum. According to the latest Fannie Mae National Housing Survey, 38% of all respondents say that now is the right time to sell a home. This is an increase of 12% in comparison to the same time last year. This clearly indicates an improvement in homebuyers’ and homeowners’ market confidence. In addition, 52% of people share the opinion that it is easier to get a mortgage in the current economy, which matches the all-time survey high. This means that great financing options, combined … (2 comments)
recovery: What will The Real Estate Market in 2014 be like?
- 01/14/14 02:09 AM
After a double digit increase in home prices and sales occurred in 2013, this positive trend in the real estate market will continue throughout 2014 as well. As greater Tampa Real Estate professionals, SI Real Estate team is confident that the recovery of the housing market, job growth, and lower unemployment rate will continue to make housing more affordable. Here in the greater Tampa Bay area, there will be more homes available than there have been in several years. Homebuilders have regained enormous trust in the housing market and have started building more new homes than we have seen in … (0 comments)
recovery: 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)
recovery: The housing market recovery is ready to outburst in 2014 and 2015
- 10/14/13 01:13 AM
The year 2013 has been a very positive year when it comes to the recovery of the housing market. We have followed the rising prices of homes, increase in newly build constructions sold, homebuilders regaining trust and increasing the inventory, and we also witnessed people who went through a bankruptcy rejoining the housing market after rebuilding their credit. It is obvious that we still have work to do in order to reach the country’s potential but analysts agree on the fact that we are heading towards a bright future. According to David Crowe, chief economist for National Association of Home Builders, … (9 comments)
recovery: Boomerang Buyers: Home Buyers who went through financial distress
- 09/11/13 04:55 AM
There is new hope on the horizon for those who lost their homes due to the recession. The current administration has created a new rule regarding the waiting period for obtaining a new real estate mortgage backed by the Federal Housing Administration. Previously, home owners who experienced a foreclosure or bankruptcy had to wait for three years before they could apply for a new mortgage. The new regulation makes it possible for those who have repaired their credit score, can prove their income, and have gone through a full recovery, to be eligible for a new mortgage loan in as little … (0 comments)
recovery: August Real Estate Pulse: Existing Home Sales Spike in July 2013
- 08/23/13 02:31 AM
Since 2009, existing home sales have never been so high. July 2013 recorded and increase of 6.5% in comparison to June of the same year. A seasonallyadjusted annual rate of 5.06 million in June went up to 5.39 million in the month of July. This indicates a double-digit year-over-year increase in the real estate market. The median price for existing homes was $213,500 in July which was 13.7 %more than in the previous year at the same time. Also, 15% of the July sales were distressed homes foreclosures and short sales which indicated the lowest share since October 2008. “The size … (0 comments)
recovery: 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)
recovery: Strong Rebound in Pending Home Sales
- 12/15/10 04:40 AM
Pending home sales saw a jump of 10% in October which is a positive sign that the real estate market is stabilizing, according to a December 2, 2010 National Association of Realtors® article, Strong Rebound in Pending Home Sales. Housing affordability can be credited to drawing buyers to the table and causing this rebound in Tampa, Florida and across the nation. According to Lawrence Yun, Chief Economist of the National Association of Realtors®, "It is welcoming to see a solid double-digit percentage gain, but activity needs to improve further to reach healthy, sustainable levels. The housing market is clearly in a … (2 comments)
Real Estate Pulse: Tampa’s Rental market is on fire! 
;)
;)
;)
