The latest edition of REALTOR magazine just arrived, and I found an article by the chief economist of the National Association of Realtors, Lawrence Yun, quite interesting. The article says that “the inventory of existing homes is at its lowest level in 7 years, while newly constructed home inventory has also hit a 50-year low […]
Is the Housing Market Better Off than 4 Years Ago?
Republicans and Democrats are taking sides about whether we are better off than they were four years ago – and who gets the blame or the credit. To help voters cut through the election spin, we checked in with Trulia, who had some facts on the housing market, comparing today with January 2009, when Obama […]
10 Homes and $1,834,900 Worth of Tampa Bay Real Estate Sold in September!
This time last year, my average number of closings was 2 or 3 a month. If I had 4, it was a really great month. In July of this year, I had 7 closings, and I thought to myself, wow, things are really getting crazy in our real estate market. Now, in the month of […]
New Construction Home Stats Up 24.5% From 2011
According to Inman News, housing starts picked up 2.3 percent from July to August and were up 24.5 percent from August 2011, according to the latest numbers from the Census Bureau. Builders started construction on new homes and apartment units during August at a seasonally adjusted annual rate of 750,000, up from 733,000 in June […]
Sellers Fare 120% Better Using a Realtor than Selling FSBO!
According to new research released by the website HomeGain.com, when over 400 home sellers were surveyed who were selling their home during the period of July 31 to Aug. 10, 2012, they were asked whether they used a real estate agent to sell their home, or whether they attempted to sell it themselves – 79 […]
A Realtor’s Experiences with St. Pete & Tampa Bidding Wars…
The latest stats for Pinellas County as well as Hillsborough County are insane – we are at the lowest inventory we have had in over 4 years. I have to giggle a little when people say to me “Well, I don’t want to get into a bidding war over this house…” I’m sorry Mr. Buyer, […]
