This morning the S&P/Case-Shiller Home Price Index has been released. For Homes in Tampa we saw a (-.4%) decrease from October 09/November 09. This was a smaller decrease than the September 09/October 09 decrease of (-1.6%). In a year over year perspective in the Tampa Real Estate Market we saw a (-13.2%) decline. At this point...
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Our Tampa Real Estate Market Perspective: From our perspective we certainly see lower priced homes moving very quickly. In fact we have had numerous cases were multiple offers are received on these properties. The # of individual investors and pooled investors have increased and they are focused on REO properties in significant numbers. They tend to...
Happy New Year! We are excited about the prospects for 2010 in the Tampa residential housing market. While 2009 was an interesting year to say the least, we still believe we experienced the panic bottom of the Tampa Real Estate market in mid April. As 2009 continued prices fell at slower rates each consecutive month and market...
This morning the S&P/Case-Shiller Home Price Index has been released. The change in home prices were flat in the 20 city composite which came in at (-7.28%) for October with an adjusted September # of (-7.68%). The consensus forecast was anticipated at (-7.10%). As for the market of homes in Tampa, prices decreased slightly from September to October at (-1.6%) which was...