Reasons to Buy in Tampa

June 14th, 2010
Division: Florida, Tampa

Now while home prices and interest rates are still at record low it is time to jump off the fence fast before you miss the opportunity of a lifetime. You do not want to be looking back in five years saying “ I Should Have”.

Inventory level are decreasing, 12.4 month supply in January 2009 to a 7.9 month supply in November 2009. This number has not been this low since early 2007. The volume of new homes for sale has declined to 234,00 which is the lowest volume since April 1971. the median single family new home price increased to $217,400.

Demand for housing will continue to grow which means builders will be hiring in order to keep up with the demand. In turn boost consumer confidence and bring buyers on the fence into the market. You want to be ahead of the curve while choices for premium home sites are still available.

Tampa Bay is one of the top 15 markets in the country. You cannot loose. Purchasing a home in this current market is a win win for you and the economy. It is time to make the move. Jump off that fence and into your new energy efficient home.