Showing posts with label florida real estate market. Show all posts
Showing posts with label florida real estate market. Show all posts

Wednesday, June 8, 2011

In a real estate market where everyone is holding their breath and waiting for updates on where the market is going, it is important to remember the basics. The reasons you should buy a property or reasons to sell a home. Below is list of the most common reasons to sell your home.

Ability to make Profit

Real Estate is a large investment, for most families the largest they have. When there is an abundance of equity in a property, or if they owners feel they can benefit from taking advantage of the buyers' market, it is a good time to sell. The real estate market is changing every day, right now we are in a buyer’s market but that may be changing. Take advantage of the rush of buyers while they are available.

Relocation

Relocation may be a necessary next step in your life, maybe to follow a job, or maybe to choose a new location. Whatever the reason for relocation, homeowners have a big decision to make. Owners can turn into landlords or sellers. Most individuals feel more peace of mind knowing that they are selling their real estate to a buyer and passing on the responsibility of maintenance. This is a great time to list with a real estate firm you can trust to help you as you focus on your upcoming move.

Downsizing

Downsizing your home is a big and sometimes tough decision. If you no longer need the same amount of space you once needed, it may be time to sell. It will free up funds to purchase your next home that is more suitable for your needs.

Upgrading

One of the most common reasons to move is to upgrade to a new home. Whether it is your absolute dream house or just another step towards it, you may need to free up finances by selling your current real estate. Do not wait years in hopes the house gains more value as your family is growing. If you are ready to sell, take the step forward and list it with a trust worth Real Estate Company.

SI Real Estate is a company dedicated to our clients. With over 40 combined real estate experience, we know the Tampa Bay real estate market and we can help you buy, sell or rent your home. Call us today at (813)631-5144 or email us at Yourhome@SIRealEstateInvestments.com to have us call you.

Monday, January 24, 2011


The papers and the television are filled with stories about the real estate market here in Tampa, Florida and elsewhere around the country, leaving most people confused and perplexed.

Well, how about an up close and personal look at what is really happening from an insider’s view…that of our Real Estate Broker who works in this marketplace every day. With so much press and talk about how questionable the real estate market is, you may be surprised to hear what is going on out on the streets of Tampa’s real estate market.

The drop in real prices has caused an interesting shift in the marketplace. Properties are selling like hot cakes. Local, national and international investors are buying properties like there is no tomorrow. They realize with the prices where they are now that they just can’t lose by putting their investment dollars into the real estate market. Investors with cash are gobbling up homes, townhouses and condominiums just about as fast as they come on the market. Buyers are presented with a new and interesting problem these days. How to get to the property and get an offer in before someone else does. Here is a real life example of that. Our Broker found a property that a client wanted to make an offer on recently. The property was in the Westchase area of Tampa. Upon calling the listing agent to see if any offers had been made, our Broker was told that 32 offers had already been submitted. Yes, you read that right. 32 offers. Unbelievable! This is only one illustration of the multiple offer scenarios that occur day by day – every day.

This situation is causing a new and unusual dilemma for first-time home buyers trying to buy their first home. First-time home buyers are in fierce competition with investors. Often times, investors are able to purchase a property with a lower offer than that of the first-time homebuyer as banks and even individual homeowners are willing to take less money for the property knowing they won’t have to work with a first-time homebuyer and risk not selling the property due to problems that may arise with the purchaser obtaining financing. Obtaining financing has become extremely tough and sellers know that.

First-time homebuyers need to work with a real estate professional who is watching the market constantly in order to find properties that have just come available on the market. Bank owned properties do have a short grace period where buyers who are actually going to live in the property get a chance to get an offer in prior to the property being available to everyone else. Everyone else meaning investors.

So, if you are looking to buy a home for yourself, don’t sit on the fence thinking that you will wait to make an offer on a place that you saw and liked. If you find something that you like, get an offer in and do it quickly. Otherwise, an investor is likely to buy that house right out from under you. It is happening every day. We see it.

For more information about what is happening in the Tampa Bay area real estate market, please give us a call at SI Real Estate at (813) 631-5144. We will be happy to discuss your options in what we call the “new normal” in the real estate market.

Wednesday, January 5, 2011

Real estate conditions in Tampa, Florida make it genuinely a “Buyer’s Market” now. Whether you are a first-time home buyer, a move-up home buyer, vacation or second home buyer, or a real estate investor, THE TIME TO BUY IS NOW!!!

Take into account the fact that interest rates are hovering at near record lows. For those buyers are able to take advantage of interest rates at or below 5%, it is simply a smart business decision. The combination of fantastic interest rates bundled with record affordability of property prices makes it a no brainer.

Right now appears to be the best time for bargain hunters to grab aggressively priced properties that will grow in value. Consider the fact that housing prices have fallen dramatically in many areas. As Warren Buffet says, “Buy low and sell high”. As prices stabilize and the market conditions change, smart investors are realizing tremendous financial potential by taking advantage of current real estate market conditions. Wouldn’t you like to be one of these smart investors?

All Aboard!!! First time home buyers, move-up or repeat home buyers, local, national and global investors…Don’t miss the boat!!! You will look back in retrospect and wish you had purchased real estate when the time was historically the best ever! Contact a real estate professional at SI Real Estate to find out how you can make the most of the extraordinary real estate opportunities that exist today.

SI Real Estate Investments



813.631.5144