selling: 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)
selling: 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)
selling: 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)
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)
selling: 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)
selling: 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)
selling: 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)
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? 
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