Lately the news in the media has been drops in unemployment rates, the U.S. economy is in recovery. Maybe it doesn’t feel like it to some, but its what we are seeing in the real estate business. The numbers don’t lie. After talking to some of my realtor friends, they agree. We are all light […]
Pinellas County Statistics and Real Estate Trends for October 2011
I get a lot of clients that tell me “I only want short sale and foreclosure listings sent to me” because they assume those are the best deals in the marketplace. Did you know that over 76% of the 8,253 homes on the market today in Pinellas County are non-distressed properties? Hint: This is not […]
Downtown St. Petersburg Condo Sales on the Rise
In the last 6 months, I’ve been noticing a rise in interest from buyers in condominiums in Downtown St. Petersburg. In particular, popular buildings of interest include 400 Beach, Signature Place, and marina-front Vinoy Place among many others. A look at the Pinellas County real estate statistics brings a few interesting points. Our months of […]
Tampa Bay Real Estate Stats for September 2011
Another month of interesting stats here in the Greater Tampa Bay area! The chart above shows a 4 year history back to October of 2007. A couple of things you’ll immediately notice: 1. We are at 5.8 months of inventory. 6 months is considered a “normal” market – neither a buyers market nor a seller’s […]
August 2011 Real Estate Stats: Existing Homes Sales Rise
It occurred to me that here it is, late September and we never talked about August’s stats – so here it is folks! Things are looking better. They say in our business that when you hit 6 months of inventory, you are at a balanced market. Lower than that, you are teetering into a Seller’s […]
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 […]
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