Tampa Bay Real Estate Update - Market Conditions - Bay to Bay Lending

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Mortgage and Lending with Bay to Bay Lending

The Home-buying Process in Tampa 2014

 

Homebuyers in the market in Tampa Bay are shopping in today’s competitive buyers’ market; perspective buyer’s need to be able to move quickly on new listings with qualified agents and with their financing in order and ready to move quickly.  Currently inventory levels at record low figures according to GTAR.ORG.  Listing inventory levels are at record lower levels than we’ve seen in over 10 years with new homes being built at alarming rates.  Currently inventory levels are at 4.0 months’ worth of supply and the past 2 months the GTAR MLS region has sold over 2,500 units per month. Due to the limited inventory and increased demand; sales prices are on the rise and people are being outbid.  Many of my clients in this current market are being forced to make above list price offers to even be entertained by the seller.  In addition, the ability to get offers accepted is difficult due to the increased appeal to buy by real estate investors and investment firms.  You should contact DJ Rondeau today to get your financials in order so that when you find the home of your dreams you're ready to move on it.    www.tampafloridamortgagebroker.com

 

 

 

www.tampafloridamortgagebroker.com

DJ Rondeau 813-480-6077

 

 

 

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