Wesley Chapel Home Market Conditions

As of 9/6/2011

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South Tampa Real Estate Market Conditions

South Tampa is one of the most desirable places to own real estate in Hillsborough county.  Over the last year, the rate at which homes are sold has steadily increased.  The amount of homes on the market has decreased slightly shifting from a “buyer’s market” to a neutral market.  The average sales price has increased slightly from the previous six months.  Also, the average listing price has seen even higher increases with a lower days on the market for the same listings over the last year.  Click more for the graph…. Continue reading

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What To Do If A Low Appraisal Kills Yor Deal

First….call me.

This is happening all too often.  An out-of-area or unqualified and just plain lazy appraiser comes into town and uses bank-owned and short sales as comparables with non-distressed transactions.  It’s okay if this is the case because sometimes that’s all there is.  But transaction type adjustments are most often needed.  By going one extra step many deals can avoid being vetoed by lenders and investors.

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FishHawk Ranch Homes Market SnapShot

Overall in the Fishhawk Ranch market area of Lithia, FL, homes have become more affordable, listing prices are increasing, and homes are selling much faster than a year ago.  Do not be fooled by the median values decrease.  This means most of the homes selling are simply shifting to a lower price range.

If you are planning on buying, selling, or refinancing give me a call.  Florida’s Beautiful Homes is your one-stop shop for your residential real estate needs.

“There is no better time to buy a home or refinance in the FishHawk Ranch Market”

Jon Tipton, Realtor/Certified Residential Real Estate Appraiser

813-391-6121

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Tampa FL listed as one of 10 metro areas with fast-moving real estate

Denver and Tampa top list for lowest age of inventory

Tampa in Top TenFlorida’s Beautiful Homes learned today that Realtor.com has released a list of metros areas with the lowest median age of inventory. A measurement of how long a property from those market areas typically spends on the website.

Denver topped the list of metros with the lowest median age of inventory in June 2011, at 30 days. That represents a 36.2 percent drop in the median age of inventory on the site on a year-over-year basis. Tampa was second on the list, at 43 days. Tampa also had the sharpest drop in median age on a year-over-year basis in June, at 62 percent. Continue reading

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