If you have been thinking about investing in real estate, now is the time. Because over 1 million homeowners were foreclosed on in 2010, the rental market has skyrocketed because those former homeowners now need a rental to move into. The rental vacancy rate (the share of rental housing that is vacant and for rent) […]
Buying is Cheaper than Renting in Most U.S. Cities
CNN Money released an article this week that supports what we’ve been telling our clients for awhile now. Buying is cheaper than renting in Tampa Bay! Because many people have faced hardships like foreclosure, the rental market has been flooded and because of supply and demand, rental prices have risen. With interest rates as low […]
Tampa Bay Real Estate Sales Stats for July 2011
Wow – the July real estate sales stats from the Greater Tampa Association of Realtors just came in and these numbers are interesting! We are at a 4 year record low for inventory – the number of houses on the market in Tampa Bay. Back in 2008, we had a record 25 months worth of […]
Craigslist Rental Scam: If It Seems Too Good To Be True…
You’ve heard the saying – if its seems too good to be true, it probably is. You may have heard about the Craigslist Rental scam that’s been going on. It’s happening everywhere and I know several people who’ve been caught up in it. A scam artist posts pictures of a home on Craigslist for an […]
What’s My Tampa Bay Home Worth, is my Zestimate Accurate?
Before you go thinking you are doomed because of what Trulia and Zillow say your home is worth – please know that many of these sites simply group recent sales together by zip code, city and other factors, which do not give you real values as to what your home may be worth. Zillow, in […]
Florida’s Condo Sales Median Price Up
Interesting news Florida’s existing condo sales rose 8 percent in June with a total of 7,922 units sold statewide compared to 7,330 sold in June 2010, according to the latest housing data released by Florida Realtors®. The statewide existing condo median sales price last month was $94,100; a year earlier, it was $92,300 for a […]
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