It is official, as of today, that Autumn has knocked on the door. With the excitement Fall brings, it also offers the real estate market in Tampa Bay a great opportunity to buy a home.
With the changing of the leaves, there are also many changes, and great incentives, especially for first time home buyers to purchase a home. With a tax incentive credit, great mortgage interest rates, FHA programs that are very flexible, and still the presence of the first-time homebuyer programs, now truly is the best time we have seen in many years to purchase.
For more detailed information on local trends, and home savings opportunities in Tampa Bay, contact me today at Www.TampaHomeWiz.com. I have all available information, to better equip you to make important decisions.
Brian C. Russell
"Piloting Your Real Estate Investments"
Keller Williams South Tampa
(813) 875-3700 ext 323
It is official, as of today, that Autumn has knocked on the door. With the excitement Fall brings, it also offers the real estate market in Tampa Bay a great opportunity to buy a home.
With the changing of the leaves, there are also many changes, and great incentives, especially for first time home buyers to purchase a home. With a tax incentive credit, great mortgage interest rates, FHA programs that are very flexible, and still the presence of the first-time homebuyer programs, now truly is the best time we have seen in many years to purchase.
For more detailed information on local trends, and home savings opportunities in Tampa Bay, contact me today at Www.TampaHomeWiz.com. I have all available information, to better equip you to make important decisions.
Brian C. Russell
"Piloting Your Real Estate Investments"
Keller Williams South Tampa
(813) 875-3700 ext 323
I would like to focus my attention, with tonight's blog, to a topic that is sure to make the mouth water...my favorite sandwich in Tampa Bay!
The "Broodwich" is tender roast beef, piled high on fresh or toasted multi-grain bread. Kissed with caramelized onions and vibrant red tomato, the sandwich is perfect, plentiful, and delicious! With your choice of several freshly prepared brunch style sides, I can't get enough of this lunchtime delight!
Made fresh daily at Pinky's Cafe, just one west of MacDill Ave on Bay-to-Bay Blvd, you will find excellent food, a friendly, local coffee house atmosphere, and some of the friendliest service in town!
When you stop by, be sure to tell them that TampaHomeWiz recommended you!
For other great ideas for exceptional dining spots around town, visit my website for local attractions, or feel free to contact me directly!
Brian C. Russell
Keller Williams South Tampa
"Piloting Your Real Estate Investments"
(813) 875-3700 ext 323
The July 2008 statistics, provided by the Greater Tampa Association of Realtors (GTAR) are in, and things certainly are looking up in Tampa Bay!
With metro area divisions broken down by Rural East Hillsborough County, Brandon, Plant City, Sun City/Ruskin/ApolloBeach, New Tampa, Pasco County, Temple Terrace/USF, North Central, Central Tampa, East Tampa, South Tampa & Davis Islands, Town & Country, Carrollwood, and Lutz/Northwest Hillsborough County, home sales for July 2008 increased categorically, in almost each search area.
For instance, Rural East Hillsborough County home sales rose by 5 homes over the reporting period, with an impressive increase in average home sales price in that area from $232,489 in June to $307,434 in July. In the same regard, average home sales prices in Brandon increased from $226,699 to $240,121 in July, and Sun City/Ruskin/Apollo Beach from $191,798 to $197,377.
New Tampa also experienced an increase in home sales, with 62 sold in June, increasing to 73 homes sold in July 2008. Pasco County home sales also increased from 66 homes to 69 homes in July.
North Central Tampa experienced a slight increase in home sales from 55 homes sold to 57 sold in July 2008, also showing stabilization in average home sales prices in this area, increasing slightly from $102,658 to $104,703. Central Tampa increased from 40 to 48 homes sold.
East Tampa home sales rose from 12 homes in June to 21 homes sold in July 2008, and experienced a nice increase in average home sales from $145,100 to $158,933 in July. South Tampa average home sales experienced an impressive stabilization, increasing from $405,696 in June 2008 to $485,770 in July 2008. Town and Country average home sales, also impressive, rose from $204, 211 to $211, 203 in July 2008.
Carrollwood, with great improvement, sold 55 homes in June 2008 and increased to 87 homes sold in July 2008. Lutz, with $334,409 in June, rose to $362,377 in July 2008.
With so many current incentives to purchase a home, the numbers are very clear...now is the BEST time to purchase your next home! For more information on activity in your area, or for questions and advice, I am always available, and ready to work for you!
As a former airline captain for a major US airline, I thrive on sound advice and good judgement. There are many good agents in Tampa Bay. Don't just settle for good...insist on great! Insist on Www.TampaHomeWiz.com.
Brian C. Russell
"Piloting Your Real Estate Investments"
(813) 875-3700 ext 323
If you are a first time home buyer, and are still sitting on that real estate "fence", this fall is THE time for you to make your move! Here are a few reasons why:
1. Property values in Tampa Bay are stabilizing. In fact, according to the Greater Tampa Association of Realtors (GTAR), property values have stabilized starting in May 2008, and activity on home purchases have increased by approximately 1% each month. This indicates that, in an effort to stabilize, property values are very unlikely to decline considerably and, in fact, are extremely likely to gradually increase.
2. With the backing of the United States Government, the new conservatorship of Fannie Mae (FNMA) and Freddie Mac, the real estate market anticipates a sizeable rally to stimulate the market. In do so, interest rates on mortgages and loan packages are expected to continue to decrease, making a home purchase a more attractive option.
3. THe Federal Housing Administration (FHA) is increasing the loan limits. This increase is only temporary, with an expected reduction to begin starting January 1, 2009. Home buyers thinking of purchasing real estate should take advantage of this assistance this Fall.
4. FHA will also be increasing down payment requirements to 3.5% starting October 1, 2008. Prospective home buyers, if possible, should try to schedule property closings before the end of the month to take advantage of the current 3.0% down payment requirement.
Remember, there are many good agents in Tampa Bay. Don't settle for good...strive for greatness! I am proud to take the extra steps, to go above and beyond for my trusted real estate clients. For more information on the exciting changes in our real estate market, and to start on your path to purchasing your home with sound guidance and advice, please contact me at Www.TampaHomeWiz.com!
It is my pleasure to serve you!
Brian C. Russell
"Uncompromising Excellence in Service"
Keller Williams South Tampa
(813) 875-3700 ext 323
Tampa Bay Real Estate Professional with Uncompromising Service in Real Estate that Cannot be Paralleled!
ActiveRain Corp. is not responsible for the accuracy of the site's content (which is written by members of the ActiveRain Real Estate Network) and does not endorse the views of the real estate agents, mortgage brokers, and others listed here.
Powered by the ActiveRain Real Estate Network
© 2009 ActiveRain Corp. All Rights Reserved
