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Tuesday, August 05, 2008

Tampa, Florida Economic Real Estate Report 2008

I've been receiving a lot of requests for the 2008 Tampa Bay Economic Report, which addresses the Real Estate Housing Market here in the Bay area. It also has data on new construction housing starts

If you would like to receive a copy of this 30 page in depth analysis just send us an email with your request. The file is in PDF format so I cannot post it to the site.As a Real Estate agent working with buyers; these are the trends I've seen over the last 3 months in the Tampa Bay area.

  • Buyers who are inquiring are investors that have money in REITS and realize that it makes good business sense to buy low.

  • Mother's are calling for their college kids; considering buying instead of renting.

  • People wanting to move to Florida, or purchase a second home to buy now and have for retirement.

  • Buyer's who need to relocate for their jobs.

Invest in that beach house you've always wanted. Beachfront and Waterfront Property is at an all time low in Clearwater, St. Petersburg, Indian Rocks Beach, and all the beaches within a 30-45 minute drive from the Tampa Airport.

We track where people are from through the site; so I can tell you most of the buyers are coming from New York, Pennsylvania and Ohio. Even International buyers from Shanghai. If that isn't proof that things are turning around I don't know what is.

Indicators like these are a very good sign that the bottom has bottomed out, and that now is the best time to buy a home. Yes, people type into Google "when is the best time to buy a home?"
Thinking about buying or selling real estate in the Tampa Bay Area?
Have a Real Estate question?
Feel free to email or call us 813-784-7744
Rae Catanese, PA and Michelle Jordan, PA
Realtors.


Search MLS
Prudential Tropical Realty

Friday, August 01, 2008

Why People are still Moving to Florida- Tampa, Fl


Could the Tampa, St. Petersburg area still be one of the BEST places to buy a home and enjoy the sunshine? I say YES! Will the Real Estate Market come back to some sense of normalcy? As long as we still have our best attraction.....beauty!

The other day I was searching the internet and came across a blog site by Robert Payne. He travels all over the world, takes amazing photographs and documents his journeys. Robert just happens to live in Tampa, Fl.

As I was searching his website, I noticed beautiful nature pictures of our wonderful Tampa Bay area. It reminded me that although the Florida Real Estate market is the worst it's been since the early 1990's, people still want to live here, and people are still relocating to Florida.

Sometimes we forget just how amazing our landscapes are, just how lucky we are to say "I feel like going to the beach today" and doing it! That is what living in Florida is all about. Not shoveling snow or having to carry layers of clothes, jackets and shoes. You may want to invest in a good umbrella though!

Robert gave me permission to post some of his photos to The Tampa Real Estate Insider. Not only is his site a wonderful resource but he's a nice guy too!

One of his posts pertains to Canoeing and Sea Kayaking. If you are an outdoors adventurer then you'll enjoy reading about his trips to Weedon Island Preserve, Hillsborough River and Fort de Soto Park.

Here's Robert's posting:
In the time I have been in the Tampa, Florida area I have managed to discover quite a few nice places to explore in a sea kayak. Many of them are within an hours drive of downtown Tampa and can easily be accomplished in a day or less. Choose from brackish rivers, saltwater estuaries and white-sand beaches; it is all up to you as to what you want to experience. ......read full story



Thinking about relocating to the Tampa Bay Area? Have a Real Estate question?
Feel free to email or call us 813-784-7744
Rae Catanese, PA and Michelle Jordan, PA
Realtors.


Search MLS
Prudential Tropical Realty