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Home values and Real Estate market in Treasure Island Fl zip code 33706

By
Real Estate Broker/Owner with South Beaches Real Estate Professionals BK 652174

Home values and Real Estate market in Treasure Island Fl zip code 33706

There are a lot of statistics out there and a lot of articles in the paper of how great it is that our real estate market is showing all these good signs of recovery etc.

I never paid much attention to the media when it comes to predicting the real estate market in Treasure Island.  I have been working in the Treasure Island area for many many years and my phone is the best indicator of where  the market is and what it is going to do in the near future.If it rings off the hook, we have a lot of interested buyer. If it doesn't ring, the demand is very low. That's how simply it is.

Right now the phone is ringing off the hook BUT our inventory here in Treasure Island and zip code 33706 is extremely low. Believe it or not but it is nearly 59 percent lower than in the last few years.  The media and some "Doom and gloom" people will tell you that this is because the banks are holding back their inventory to create a false "sellers" market and to raise the prices. 

Well, it might be true in some parts of the country (wow knows) but it certainly isn't true in the Treasure Island Fl.33706 area.

I live in Treasure Island and As a Realtor I drive around Treasure Island all day long. I hardy see any abandoned or vacant homes anymore.

The banks are not holding back any inventory in Treasure Island. The inventory is low because a lot of people that were in financial distress and or had to sell their property for one or another reason have already done so over the a Last few years.

The homeowners that want to sell but do not HAVE or NEED to,  are just sitting pretty right now and they are waiting for the prices to go up again.  Treasure Island and the zip code 33706 pretty much hit bottom end of 2011 and now, due to the low inventory people are offering more than they would have a year ago. Properties right now sell faster and we see multiple offers on good deals (have not seen that in years) Home values and Real Estate market in Treasure Island Fl zip code 33706

 
John Pusa
Glendale, CA

Anne - Thank you for sharing detailed information about home values and real estate market in Treasure Island, Fl. 33706.

Nov 16, 2012 05:01 AM
Debbie Harr
Homes that Click Realtors - Columbus, OH
Realtor Homes That Click, Worthington Ohio Homes

Very useful, this is a big help to everybody! Keep it up Anne!

Nov 23, 2012 08:59 AM
Bas Panch
SCV Home Buyer - Valencia, CA

Excellent blog as always! Thanks for making eveyone informed. Best luck!

Nov 27, 2012 02:31 PM
Katerina Gasset
The Gasset Group & Get It Done For Me Virtual Services - Provo, UT
Amplify Your Real Estate & Life Dreams!

Hello Anne,
I love your presentation! You're definitely the finest Treasure Island FL short sale agent. This is very helpful to anyone. Keep up the good work!

Nov 28, 2012 11:25 AM
Debra Parker
Debra Parker Real Estate, Inc. - Stuart, FL
Realtor - Stuart Florida Homes for Sale

This is a great post! Easy to understand and very helpful to everybody. Keep up the good work! You're definitely the best Treasure Island short sale agents.

Nov 30, 2012 06:41 AM