Julia@Tampa4U.com
Happy 2008 - this year is 4U
Published by julia | Filed under Buyer / Seller Tips, Miscellaneous, Real Estate, Shout Outs
Happy New Year to all:) Just want to leave you this short note to welcome you to 2008. It will BE A GREAT YEAR 4U!
Real estate wise, it will be pretty much the same. The reality of the matter is… simple economics dictate: if the supply is high and the demand is low, prices will fall. The Tampa real estate market is not immune to this… but we see a lot of investors and prospective buyers standing on the sidelines waiting for the price to bottom. It will probably bottom this year and start picking up after the new administration takes over. A new sense of enthusiasm, whether real or perceived:) will stimulate investment frenzy. Yes, investors will most likely bring the Florida real estate market up. Maybe not the same investors who brought it down, but most of the action will be from investors based on the inquiries we are already getting.
So stop tightening your belts and start breathing! If you’re selling, now is really not the time to sell. Rent your house till the market picks up. But if you must sell, Tampa4U will be able to give you the best exposure and visibility in this market. We’re strongly increasing our affiliates nationwide and internationally to further boost our exposure and visibility. Our agents are on expanded workload even in this sluggish market so we must be doing something right. If you’re a buyer, NOW is the time to buy. Investors always advice, Buy Low; Sell High. In case you haven’t noticed… it’s LOW now.
People are predictable. What buyers will do is start buying when the market picks up by offering today’s low prices. That will only happen for a short period of time before the sellers realize that the market have picked up and will stand their ground. By then you would have been too late. The days of Low-balling may be over soon.
Happy New Year. A bright 2008 is in store 4U.
If you have any questions call us for immediate assistance. Be sure to visit us often for up-to-date MLS listings for Tampa Real Estate and Northern Virginia Real Estate.
© 2008 Julia Vakulenko and Tampa4U Team
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January 1st, 2008 at 1:08 pm
In your “Where not to buy” section you list Phoenix, the reason being that a glut of housing on the market has caused real estate prices to drop considerably, even as much as $100,000.
Isn’t this a very good rerason to buy there, while prices are depressed?