sale: 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)

sale: New Homes in East Tampa for Sale! The Claypool starting at $205K! - 11/28/12 12:01 AM
Come home and enjoy this community of newly constructed homes which are conveniently located in Tampa Bay. This community provides the perfect blend of amenities such as resort style pools, playgrounds, and wetland preserves and is conveniently located only 10 miles from the downtown Tampa business district.
If you are looking for a luxurious home with space to grow and stretch, look no further. Upon entering the home, you are treated to a flex room which would be great for office space or a play room. The kitchen and living area provide great open space for a large gatherings or … (0 comments)

sale: Florida Real Estate: Impressive Year Over Gains - 11/21/12 02:12 AM
A recent report by Florida Realtors reports that Florida’s pending sales, median home price and closed sales all increased in the month of October. Real estate closings for existing home sales were up 25.3% from a year ago and totaled 17,779 transactions. Florida boasted a median sales price for existing homes of $184,300 in September which is up 11.4% from this time last year, according to the National Association of Realtors. This is actually higher than the national average. 
The President of Florida Realtors, Summer Greene, reported that the state’s unemployment rate fell to the lowest it has been in … (2 comments)

sale: Less Inventory + New Guidelines = Brighter Housing Outlook - 08/23/12 04:01 AM
Real Estate inventory could not keep up with the demand for homes during the month of July. This is now the fifth month in a row we have seen a correlation between supply and demand that is favorable to a thriving real estate market. The National Association of Realtors reported that the national median home price is up 9.4% from a year ago at this time, which is the strongest gain since January 2006! Our local Tampa, Florida real estate market has seen gains even higher than the national average and boasts a 12.4% increase in median sale prices from a … (0 comments)

sale: Real Estate Prices &Values: Gap Widening Between Listing & Sales Price - 08/03/12 03:34 AM
So far, 2012 has provided countless signs of an enhanced real estate market. We are constantly being reminded of the historically low mortgage rates, median sales prices rising, and buyers’ confidence higher than the last several years. What we may be missing out on are the real life examples of how this impacts an agent and buyer relationship.   Here are some valuable bullet points that will give you a real estate reality recap! 
Listing price:
-          Usually properties do not sell for this amount.
-          Listing prices are most often a tool to trigger showings and offers.
-          Average … (0 comments)

sale: Tampa Real Estate Pulse: SI Real Estate - 05/23/12 06:01 AM
Continued signs of a market that is in recovery are being brought into light more and more nationally and locally. A recent study conducted by the National Association of Realtors showed improvement in 74 out of 146 areas as it relates to median sales price. The best performing district was in Cape Coral Florida, which is not too far from the Tampa, St. Petersburg, and Clearwater tri-city area. The Gulf Coast of Florida was amid the top performing markets in the U.S.  The last quarter of 2011 showed 29 areas that displayed signs of improvement, so the year has started better … (0 comments)

sale: New Homes, Resale Real Estate: Choose Wisely - 03/21/12 12:21 AM
Ever wondered what it would be like to own a brand new home?  Many builders in Tampa such as Lennar, Standard Pacific, DR Horton, and Pulte (to name a few) are turning these thoughts into reality in 2012, and are doing so at a great price for many buyers. New construction is looking like real estate will be “hot off the foundation”. Yes, there remain some consumers out there who have mixed thoughts about buying a new home as opposed to buying a resale home. Many home buyers may have the impression that buying new is far more expensive than it actually is. Builders are loaded with incentives, upgrades, warranties and more. A … (0 comments)

sale: Tampa Florida Real Estate Market: Stability Projected for 2012 - 03/08/12 12:05 AM
As we continue to realize and search for positive signs of a real estate revival, some analysts are pointing to short sales boosting the Florida housing situation. Florida’s bank owned sales and short sales in 2011, hit the national average at 22 percent of all real estate transactions. What’s interesting about this is that the number of short sales has exceeded the number of foreclosures in Florida. State wide, Florida’s bank owned sales were down 32 percent, while short sales inched up 3 percent. This has a tremendous impact on homeowners who are, at times, being presented with great deals to … (0 comments)

sale: Pending Home Sales And Prices Are Up! - 03/01/12 03:07 AM
The National Association of Realtors reports that existing home sales have hit a 21 month high in January 2012. A total of 8% more contracts were signed by agents during that 21 month period. NAR chief economist Lawrence Yun says job growth and rental rates are somewhat of a cause for this recent spike. He also suggests that once credit availability becomes more regular, home sales will see a significant increase, and home prices will as well. This will in turn reduce the amount of people who are currently upside down on their mortgages.
Rising rental rates may be boosting … (0 comments)

sale: Relocating? Snowbird? Retiree? Tampa Bay Real Estate is Calling Your Name - 12/16/11 05:52 AM
It is predicted that close to 13 million baby boomers will become Florida residents between now and 2023. These future buyers will begin home hunting, and the Tampa Bay area is one of the most attractive places to purchase. We have already seen a 22% increase in homes sold over the last two months compared to last year’s sale’s numbers. An increase is always nice to see, but another interesting statistic to point out would be the 32% decrease in unsold homes in Hillsborough, Pinellas, and Pasco counties.  A clear sign that sales volume is up, and home inventory is falling. … (0 comments)

sale: Tis’ The Season for Buying Real Estate and Property Investments - 12/02/11 08:15 AM

Real estate investors and buyers are continuing to make property purchases that fuel the Florida real estate market. The third quarter boasted an increase in home buying and investing of 13% from last years numbers. Many of these new purchases and investments are viewed as long term and are helping stabilize our Tampa Bay real estate market. Even though Florida’s median sales price is lower than last year by a small amount, the volume of sales are significantly up. According to the National Association of Realtors, the foreclosures and sales of other distressed properties make the median sales price seem … (0 comments)

sale: Four Most Important Qualities in Selecting a Real Estate Agent - 03/04/11 04:56 AM

When it comes to buying, selling or renting real estate it is important you find the best representation to work alongside you. What qualities are the most important when selecting a Real Estate Agent to help you:
Trust In making the decision to purchase, sell, or rent a property the most important quality to look for in your real estate agent is whether you trust them. They will be advising you on what the best home prices in the local market, they will be drafting legal contracts for you and you need to know they have your best interest at … (2 comments)

sale: Courtney Palms--Resort Style Living!! - 12/19/07 04:48 AM
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Location: Courtney Palms Near 301 and I-75 This beautiful and well maintained unit is priced to sell with a water view! Located within the lovely Courtney Palms community, this property offers everything one could want with a listing price of only $125,900! And keep in mind that we do have other units available at Courtney Palms that are priced within the following ranges: 1/1s from $124,900 - $133,0002/2s from $140,000 - $159,000 Look below for more photos of this immaculate unit! Not only is Courtney Palms a majestic community with lavish fountains and extravagant landscaping, it also offers … (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

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