"Living in the Real World" ~ Lola's Log

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Is it TRUE?! It's Time to Buy in Tampa Bay?

According to Times staff writer James Thorner in an article published July 25--Tampa Bay is indeed the #1 Spot to buy a home.  One month after Forbes.com published Top Home Buyers' Markets - Forbes.com, our own local newsman states:

  • "Because of our area's overall strong, growing economy and comparably modest housing prices, Forbes calls Tampa-St.Petersburg-Clearwater a prime bounce-back market," citing data compiled by Forbe's Matt Woolsey from Economy.com and the National Association of Realtors.

Is it time to rejoice and put up our waders?  James thinks so, saying: "Tampa Bay home prices should bottom out in the first quarter of 2008, once the region burns off excess inventory from speculators who went hog wild in 2005."

Okay, James, you called it!  Buyers, COME ON OUT!  We're ready for you--look at all that Inventory!

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Regards,
Loretta J. Buckner
Your "Real" Estate Consultant for Life
www.RealWorldPropertiesInc.com
727-656-6206

Comment balloon 3 commentsLoretta Buckner • July 25 2007 08:28PM

Comments

yes yes yes!  I saw this!   I almost did a post about it!   GREAT POST!

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Posted by Katrina Madewell, Tampa FL Homes for sale | Tampa Bay - (813) 777-1196 (Charles Rutenberg Rlty- More than 5,000 agents(813) 777-1196) over 12 years ago
Loretta, so I can get a home there that is at least twice the size of my home and have money left over?  And oh, to be warm all year!  I know Florida is in my future (and not too far off!).  Thank you for the information.
Posted by Laura Cerrano, Certified Feng Shui Expert, Speaker & Researcher (Feng Shui Manhattan Long Island) over 12 years ago
If people wait much longer they will be disappointed - we are seeing some homes INCREASE in price already down here!!!
Posted by Barbara-Jo Roberts Berberi, MA, PSA, TRC - Greater Clearwater Florida Residential Real Estate Professional, Palm Harbor, Dunedin, Clearwater, Safety Harbor (Charles Rutenberg Realty) over 12 years ago

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