Often as Realtors we hear the same thing from buyers – everyone, understandably, wants a deal. Everyone, also understandably, assumes the best deals in the market MUST be on foreclosures. But that’s not always the case. Today’s graph, courtesy of the Pinellas Realtor Organization, illustrates my point. This chart shows what we call the List […]
Beat out the Competition: Buying a Foreclosure Home in Tampa Bay
While bank-owned foreclosure homes (also called REO’s – stands for Real Estate Owned) are plentiful in many markets, in some they are harder to come by. Take for example Pinellas County, where foreclosures account for just over 4% of the total market and thus they aren’t always easy for a buyer to get. Foreclosures sometimes […]
