Month: April 2013

Recent Business Developments Boost Tampa Bay’s Real Estate Market

Recent business expansion endeavors in Hillsborough County are expected to further boost the already fast recovering  Tampa Bay real estate market.  Home prices have been rising again, properties are not staying long on the market, sellers are getting pleasantly overwhelmed by purchase offers, and buyers are paying nearly 100% of what the sellers are asking. Here are some of the…

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Half-Million-Dollar Tampa Homes Sold the Fastest in March

Homes for sale in Tampa  continue to get snapped up by buyers fast, with the average number of days spent by properties on the market falling to 75 days in March. That’s a 10.7-percent drop from 84 days in the previous month and a 27.2-percent drop from 103 days over the year. The other good news is that the fastest-selling …

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Housing Affordability in Florida Better than National Level

Ten of 12 major  Florida  metropolitan markets surpassed the national affordability index for single-family homes in 2012, based on data from the National Association of Realtors (NAR). Additionally, these 12 metro markets all surpassed 100, the level at which a median-income family has the exact income to buy a median-priced existing single-family home with a 20-percent down payment and with…

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Signs of a Rejuvenated Tampa Real Estate Market

Great numbers have been coming in, indicating continued rejuvenation of the Tampa real estate market. The following numbers for February 2013 prove that indeed Tampa single-family homes, condos, townhomes, villas, and co-ops are being snapped up by owner-buyers and investors.  All numbers are based on reports released by the Greater Tampa Association of Realtors (GTAR) and Florida REALTORS. SINGLE-FAMILY HOMES…

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