Real Estate Trends: International Buyers to Florida

Interest In US Real Estate Market Continues to See an Increase

The recent increase in international online inquires for real estate in the US is attributed to many factors. Many real estate buyers in the global community are drawn in due to the weakened value of the Euro. France and Italy have always been in the top tier of competition for global real estate searches, but the US is making its way to the top. Seeing a 1.06% increase in the last month may not seem like a great increase to most, but when comparing it to the usual competitors, who have both seen a drop of at least 1.5%; it is a substantial number that draws attention. The following link will offer further in depth details on real estate trends.

http://www.propertycommunity.com/property-in-france/us-overtakes-france-in-international-property-searches.html

Foreign Homebuyer Proposal to Stimulate the US Real Estate Market

Some of this attention could be boosted even higher if a bi-partisan proposal is passed, which would allow for a “homeowner visa” for foreigners who spend $500,000 or more in US real estate. This action is likely to consume excess real estate inventory, stall any strain on pricing, and stimulate tourism especially in the state of Florida. Much of the bi-partisan support stems from restrictions on number of people coming with the investor, and benefits they would be eligible for. For example: they would be allowed to bring a spouse and minor children, but they would need to apply for a working visa in order to hold a job, and would not be eligible for benefits such as Social Security, Medicare, or Medicaid. For further in depth information you can read more by clicking the following link:

http://articles.latimes.com/2011/oct/20/business/la-fi-visas-home-buyers-20111021

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Life of Real Estate Agents in Tampa, Florida

In the blogging world, we try to provide facts and interesting articles for our viewers so that you might find helpful information to satisfy your interest in following us.

SI Real Estate’s expertise is in real estate here in sunny Tampa, Florida. We feel it is important to inform our clients, associates, and customers that the real estate market in Tampa has a new trend, we no longer have over a year’s worth of inventory. As a buyer client, if you find a home you like, buy it before others start bidding.

Instead of quoting a good article or just cold facts we have been following in the real estate market, we decided to give you a real insight into what our company’s valued agents experience on a daily basis here in Tampa. As we all know, real estate is a local industry. It varies greatly from one zip code, city, and state to another. We have agents in our geographic area every day looking for the properties that fits the criteria and wish lists of their customers. What they see on a weekly basis may surprise you. Homes that hit the market at the right price, in good condition are going within days of being listed for sale. Furthermore, the properties worth buying frequently have anywhere from 2-20 offers on them. Not kidding.

If you are serious about finding a “good deal”, a good home, they are out there! They don’t have to be a short sale or bank owned property either. Buyers that plan on moving into the property they purchase want a home in good livable condition. This leads to bidding wars of eager homebuyers who too have found the place they imagine calling home. We cannot tell you how many times the listing agents and sellers respond to an offer by advising the buyer, “to give me your highest and best offer”.

Our advice for homebuyers, sellers, and investors is to establish your criteria for your real estate goals. This includes: price point, location, square feet, upgrades desired. Then list of what you are willing to comprise on. We can help you find what you want. If there is a limiting factor decide what is a deal breaker and stick to it. If you walk in a home and it meets your criteria and you love it, DO NOT WAIT! If you love it, act on it. Chances are others will deliver offers simultaneously. If a property is priced right, respect that and don’t lose your dream home.

If you are ready to discuss your options about buying, selling, or even renting call SI Real Estate to work with a professional who will listen to your needs. We can be reached at (813)631-5144 or email us at Yourhome@SIRealEstateInvestments.com.

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