Friday, September 12, 2014

Welcome to Apollo Beach! There are currently 281 properties for sale in Apollo Beach priced from $59,900 - $2,495,000. 324 properties have sold in the last 6 months, so there is a 5.2 months supply of homes for sale, which is up just a bit from last year. Thinking of selling your home? NOW may be a great time! If you do not want to hold on for the long haul to your Florida real estate, you may sell for more today than it would six months ago. Why? Because inventory is down! Please don't be too discouraged if you are a short sale. We have systems in place to make the transaction as smooth as possible. We even offer a free 1 hour attorney consultation where you can be advised on what is the best route for your individual situation. Call me today at (813) 390-7606! Welcome to Brandon! Current Listings 333, With 606 closings in the last 6 months that means we only have 3.3 months of inventory! That is why prices are up! Low supply! Thinking of selling your home? NOW may be a great time! If you do not want to hold on for the long haul your Florida real estate, you may sell for more today than it would six months ago. Why? Because inventory is way down! So if you are thinking of buying, BUY NOW. And if you are thinking of selling SELL NOW. Get in on the flurry of activity from buyers who are in the market now. If you are fortunate enough to not be "upside down" (owing more than the value of your home), take advantage of those who are tired of the hassles involved in trying to buy a short sale. My experience lately has been that many buyers are willing to pay a bit of a premium for a non-distressed property. They like knowing when they can close and at what price! You may be thinking "why sell now if prices are going to head up?" By selling now you can take advantage of the low prices AND interest rates on the BUYING side! Please don't be too discouraged if you are a short sale. We have systems in place to make the transaction as smooth as possible. We even offer a free 1 hour attorney consultation where you can be advised on what is the best route for your individual situation. WELCOME TO GIBSONTON! Current Listings - Only 62 With 101 closings in the last 6 months, we have only 3.7 months of inventory! That is down from 3.9 last year!! Thinking of selling your home? NOW may be a great time! Inventory is down and prices are up! Perhaps you were upside down last year but with the rise in values you may even be able to walk away with some money in your pocket. You may be thinking "why sell now if prices are heading up?" By selling now you can take advantage of the low prices AND low interest rates on the BUYING side! Get a bigger home, a newer home, or one that just fits your needs better than your current one. Please don't be too discouraged if you are a short sale. We have systems in place to make the transaction as smooth as possible. We even offer a free 1 hour attorney consultation where you can be advised on what is the best route for your individual situation. WELCOME TO LITHIA! Current Listings:191 with 324 closings in the last 6 months, that's only 3.5 months of inventory! It was over 4 months worth last year. Thinking of selling your home? NOW may be a great time! If you do not want to hold on for the long haul your Florida real estate, you may sell for more today than it would six months ago. Why? Because inventory is way down! Please don't be too discouraged if you are a short sale. We have systems in place to make the transaction as smooth as possible. We even offer a free 1 hour attorney consultation where you can be advised on what is the best route for your individual situation. WELCOME TO NEW TAMPA! Current Listings: 441 With 679 closings in the last 6 months, that's only 3.9 months of inventory! Thinking of selling your home? NOW may be a great time! If you do not want to hold on for the long haul to your Florida real estate, you may sell for more today than it would six months ago. Why? Because inventory is way down! So if you are thinking of buying, BUY NOW. And if you are thinking of selling SELL NOW. Get in on the flurry of activity from buyers who are in the market now. If you are fortunate enough to not be "upside down" (owing more than the value of your home), take advantage of those who are tired of the hassles involved in trying to buy a short sale. You may be thinking "why sell now if prices are going to head up? By selling now you can take advantage of the low prices AND interest rates on the BUYING side! Please don't be too discouraged if you are a short sale. We have systems in place to make the transaction as smooth as possible. We even offer a free 1 hour attorney consultation where you can be advised on what is the best route for your individual situation. WELCOME TO RIVERVIEW! Current Listings: 581 With 1034 closings in the last 6 months, that's only 3.4 months of inventory! That's why prices are up!! Low inventory! Thinking of selling your home? NOW may be a great time! If you do not want to hold on for the long haul your Florida real estate, you may sell for more today than it would six months ago. Why? Because inventory is way down! Please don't be too discouraged if you are a short sale. We have systems in place to make the transaction as smooth as possible. We even offer a free 1 hour attorney consultation where you can be advised on what is the best route for your individual situation WELCOME TO RUSKIN! Current Listings: 257 With 325 closings in the last 6 months, that's only 4.7 months of inventory! We have a healthy market in the Tampa Bay area, and especially in "Southshore" which consists of Apollo Beach, Ruskin and Riverview. The future looks bright for southeast Hillsborough County for several reasons. Amazon has decided to build a new Distribution Center in Ruskin, Fl which will employ 1,000 permanent employees and another 1,000 seasonal. Hillsborough Community College's Southshore Campus in Ruskin has cleared ground to expand. HCC has a great relationship with Lennard High School which is directly across the street, offering a special dual enrollment program. Students can complete 1 or even 2 years of college before graduating high school. This saves their parents 2 years of tuition! A new elementary school has broken ground just to the west of the high school. In Apollo Beach, the new community of Waterset by developer Newland Communities has exceeded sales expectations. They have already started selling Phase II in the master planned green community that has walking/jogging trails, a community pool, fitness, community center with café and much more including community events such as outdoor concerts. In the Apollo Beach/Riverview area on Big Bend Rd, construction of the new hospital is well underway. The medical building already celebrated their grand opening a month ago. And Riverview has several brand new communities with brisk home sales. Please call me for more information on those. All this will lead to home value appreciation, so buy now. With inventory low, it is also a good time to sell! Perhaps you would like to take advantage of the recent appreciation on your current home and move up to a newer or larger home while rates are still extremely low. Please call Bonnie at (813) 390-7606 to find out your options…..that won't cost a bit. WELCOME TO RUSKIN! Current Listings: 257 With 325 closings in the last 6 months, that's only 4.7 months of inventory! We have a healthy market in the Tampa Bay area, and especially in "Southshore" which consists of Apollo Beach, Ruskin and Riverview. The future looks bright for southeast Hillsborough County for several reasons. Amazon has decided to build a new Distribution Center in Ruskin, Fl which will employ 1,000 permanent employees and another 1,000 seasonal. Hillsborough Community College's Southshore Campus in Ruskin has cleared ground to expand. HCC has a great relationship with Lennard High School which is directly across the street, offering a special dual enrollment program. Students can complete 1 or even 2 years of college before graduating high school. This saves their parents 2 years of tuition! A new elementary school has broken ground just to the west of the high school. In Apollo Beach, the new community of Waterset by developer Newland Communities has exceeded sales expectations. They have already started selling Phase II in the master planned green community that has walking/jogging trails, a community pool, fitness, community center with café and much more including community events such as outdoor concerts. In the Apollo Beach/Riverview area on Big Bend Rd, construction of the new hospital is well underway. The medical building already celebrated their grand opening a month ago. And Riverview has several brand new communities with brisk home sales. Please call me for more information on those. All this will lead to home value appreciation, so buy now. With inventory low, it is also a good time to sell! Perhaps you would like to take advantage of the recent appreciation on your current home and move up to a newer or larger home while rates are still extremely low. Please call Bonnie at (813) 390-7606 to find out your options…..that won't cost a bit. Welcome to Sun City Center! Currently 189 listings with 439 closings in the last 6 months which gives you 2.6 months of inventory. From a flat roofed 1 bedroom condo built in the '70's to a brand new Minto built home or villa, you have many choices and a wide price range ($23k to $530k). Thinking of selling your home? NOW may be a great time! If you do not want to hold on for the long haul to your Florida real estate, you may sell for more today than it would six months ago. Why? Because inventory is way down! Please don't be too discouraged if you are a short sale. We have systems in place to make the transaction as smooth as possible. We even offer a free 1 hour attorney consultation where you can be advised on what is the best route for your individual situation. WELCOME TO SOUTH TAMPA! Current Listings: 464 with 655 closings in the last 6 months, that is only 4.2 months of inventory! Time for prices to start up!! See below. Thinking of selling your home? NOW may be a great time! If you do not want to hold on for the long haul your Florida real estate, you may sell for more today than it would six months ago. Why? Because inventory is way down! Please don't be too discouraged if you are a short sale. We have systems in place to make the transaction as smooth as possible. We even offer a free 1 hour attorney consultation where you can be advised on what is the best route for your individual situation. Call me today at (813) 390-7606! WELCOME TO VALRICO! Current Listings: 332 With 534 closings in the last 6 months, that's only 3.7 months of inventory! Time for prices to start up! See below. Thinking of selling your home? NOW may be a great time! If you do not want to hold on for the long haul your Florida real estate, you may sell for more today than it would six months ago. Why? Because inventory is way down! Please don't be too discouraged if you are a short sale. We have systems in place to make the transaction as smooth as possible. We even offer a free 1 hour attorney consultation where you can be advised on what is the best route for your individual situation. Call me today at (813) 390-7606! -- Bonnie Fagoh Century 21 Beggins Enterprises 6542 US Hwy 41 N Ste 101 Apollo Beach, Fl 33572 cell (813) 390-7606 fax (813) 658-1477 Search all listings with ease at www.TampaCoastalHomes.com

Wednesday, September 10, 2014

A Seller's market for Homeowners

Forwarded by Bonnie Fagoh of www.tampacoastalhomes.com in Apollo Beach. A seller's market for homeowners ‎08-11-2014 11:35 AM Mark Burrage bylineSome good news if you are thinking about selling your house – based on supply, prices and how quickly deals are getting done, it’s a seller’s market in many areas of the country. The number of homes for sale in the U.S works out to less than six months of supply at the current rate of sales, according to the latest estimate by the National Association of Realtors. When there are more buyers than there are homes available (Figure 1), sellers typically have a better chance of getting their asking price. Inventories are exceptionally tight on the West Coast and in Texas and Louisiana. The median sales price of a home is about 5 percent more on average than a year ago, the NAR says, with the strongest gains coming in the West. And with supplies tight, homes are moving fast. More than half of sales are occurring within two months of listing, and only a small percentage of homes are still on the market after six months. Figure 1 Scales graphic.PNG One of the big reasons why housing inventories are so tight is that many would-be sellers are hesitant to hang a “For Sale” sign at the curb. In some cases, homeowners don’t want to give up the very low interest rate on their current mortgages. There’s also the worry that in a rising market they will have to pay more for their next home. If you are among those sitting on the fence, here are some factors to consider: As we discussed above, demand for homes is outstripping available supply. As a seller, this means you may have more pricing power than if supply and demand were more in balance, and it’s more likely that you will find a buyer quickly. In other words, you may have a better chance of a pleasant sales experience. The downside of a limited supply is that you may have a harder time finding your next home. You should be prepared to rent for a while to give yourself time to find the right deal. Housing prices are expected to keep rising at a moderate pace over the medium term. As the economy continues to improve and the jobless rate continues to decline, demand for homes may strengthen from the current level, so you may be able to get an even better price later. Rising prices may especially benefit those homeowners now “upside down” in their mortgages – that is, they owe more than their home is currently worth. A mortgage rate under 4 percent is a wonderful thing, and if you have that now, you shouldn’t give it up for just any old reason. That said, today’s mortgage rates are still very attractive by historical measures. They’re also likely to rise in the next year or two, so if you expect to sell and the only question is when, you should take this into account. At stake is more than just what you’ll pay on your next mortgage: Higher borrowing costs could also reduce buyer demand and thus your ability to sell. As a potential home seller, we advise that you work with a real estate agent to get a comprehensive view of conditions in your area. When it comes right down to it, the national housing market is a collection of local housing markets, each with its own unique supply and demand drivers. How you proceed (or don’t proceed) as a seller will almost certainly be shaped to some degree by those local factors.