Tampa Market Getting a Bad Rap! |
Tampa, FL – Even though REALTORS® (myself included) continue the task of being upbeat about real estate and the markets, the news seems to be going from bad to worse, with no end in sight. Now, adding to the mix, major bank failures have dampened any enthusiasm that might have been building.
Given all the current negative real estate news, many might be surprised to learn that some markets, even in Florida, have begun to turn around. Ft. Myers is one example where declining prices have brought many buyers back to the market, and has recently seen real and substantial year-over-year sales growth. I used the word 'real' because, lately, in Tampa, much 'misleading' information has been disseminated by an association which should know better, through willing media outlets content to take the word of a misguided organization, without actually checking the facts. However, that's another story.
Like Ft. Myers, Tampa's market has suffered serious price declines - in some areas they may be just as dramatic. Yet, Tampa has not seen the buying activity needed to exceed 2007's meager sales figures. This is puzzling. Tampa does have much to offer... Good restaurants, 3 professional sports teams on the rise (Tampa Bay Rays, Tampa Bay Lightning, Tampa Bay Buccaneers), lots of night life, some amazing sunsets, and lots of water for boating, sailing, swimming, and more. It's a good lifestyle.
So, if you're looking for a buyer's market that is ready to explode, consider Tampa, Florida. You can get a lot of house for a very low price (compared to 2 years ago) and live a comfortable lifestyle. For more information, please visit www.PrettydogRealty.com.
