It’s time to consider getting a mortgage pre-approval going. The real estate market is showing signs of leveling out. In contrast to the national trend, sales of single-family homes sales in Hillsborough, Pinellas and Hernando counties went way, way up in September. Plus, when you consider that the supply of houses in Tampa Bay is still increasing holding prices down, it’s beginning to look like home buyers might be in for a treat in the Tampa Bay area.
The Tampa Bay area inventory has grown in the past couple of months. Some say that the sales were slowing, but you have to also consider the artificially imposed slowdown from the hurricane. It’s a good, healthy real estate market in Tampa right now. We’ll know better when the October data is fulling examined, but it may be time to act fast soon.
While the market levels out, we have a small window of time before interest rates on mortgages level out. After that, the Tampa Bay area will be more ripe for investors with cash on hand than for buyers looking to buy with a mortgage. So, start getting your paperwork in order. It seems like it’s about to be the perfect time to both buy and sell a home in the Tampa Bay area.
THINKING OF SELLING YOUR TAMPA BAY AREA HOME?
If you’re interested in selling a Tampa Bay area home, please contact us for more information about listing your home. Check out our helpful article describing the process and how to decide if it’s the right time to sell.
ARE YOU BUYING A HOME FOR SALE IN TAMPA BAY?
If you’re thinking about buying a home in Tampa Bay, do a quick online search or check out our:
- Tampa Bay homes for sale under $100,000
- Tampa Bay homes for sale between $100,000 and $200,000
- Tampa Bay homes for sale between $200,000 and $300,000
- Tampa Bay homes for sale between $300,000 and $400,000
- Tampa Bay homes for sale between $400,000 and $500,000
- Tampa Bay homes for sale between $500,000 and $600,000
- Tampa Bay homes for sale between $600,000 and $700,000
- Tampa Bay homes for sale between $700,000 and $800,000
- Tampa Bay homes for sale between $800,000 and $900,000
Our experienced agents know the area and would love to find you the perfect home in the Tampa Bay or any of the surrounding areas. When you’re ready, call us at 813-961-6000, or contact us online. We handle real estate in Hillsborough County (the Tampa – St. Petersburg – Clearwater metropolitan area), real estate in Pasco County (Port Richey, New Port Richey, Dade City, Zephyrhills and San Antonio), and real estate in Pinellas County (Tampa – St. Petersburg metropolitan area.) We’ll help you find the right home for your needs!