Tampa Bay Real Estate Blog

A report that was just emailed to me from NAR (National Association of Realtors) indicates that the Tampa Real Estate Market showed a 7% decline year over year.  Not really a surprise to me since I have been following inventory in the Tampa Bay Real Estate Market for some time.

This report took into account condos, townhomes and single family homes.  The reason for this decline in my opinion, is due to low interest rates, clients with cash, and reasonable home pricing.  If this trend continues on this path, the market will begin to turn to a neutral market within 5-6 months (my opinion).

In either event, the decline of homes available for sale is an excellent indicator of things to come...stay tuned!

The Tampa Real Estate Market has been on fire as of late...even with all the rain currently, it has not stopped anyone looking for a deal.  Prices are where they should be, sellers are getting reasonable with expectation and pricing, and banks are starting to move faster on those Tampa Short Sales and Tampa Foreclosures.  Really, the only limiting factor right now are the realtors.  Some realtors, those that don't understand this market, have moved more to a part time situation and this makes things difficult for those of us that do this for a living.  Sometimes, offers don't get any attention, or finding out what is going on with a current offer can take 20 or more phone calls.

Whatever the case, the market is starting to level out and stabilize which will make life alot easier for everyone.

I spend most of my time now a days trying to keep up with all the technology flying at me, seems at times at the speed of light.  I do this not necessarily to make my life easier, because it is not currently, but to make my clients life easier.  Here is what I mean.

If you hit out site, you want top notch tools to find what you are looking for as quickly as you can.  If I just offer to you the standard tools that every agent offers, why would you stop and stay at my site...what do I really have to offer, nothing.  Then when a client calls or requests more data on something that they find of interest, I need to respond quickly and accurately, hence my 90 second rule.  The 90 second rule is that I will try to respond to your request on Tampa Real Estate within 90 seconds of receipt.  This is very difficult to do but my track record is pretty darn good and most people that get to see it in action are truly amazed.  This is where good customer service is so critical.  I often have things break down (technology you know) and need to call tech support or customer service.  If I have to wait more than 5 minutes I get pretty upset and usually hang up as I just don't have time to wait.

Customer Service is pretty much dead in this country as when I do have to make a call, I am usually speaking to someone by the name of Sam from India (I know your name is not Sam so let's get that straight).

I am a firm believer that the person that can respond he fastest and deliver the best customer service will be the victor in this business we call Real Estate.  FindmyFloridahome.net will continue to pursue that goal.

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Team Masse services the Tampa Bay Real Estate market and the following areas: Tampa, Apollo Beach, Riverview, Ruskin, Brandon, Lithia, Valrico, Gibsonton, South Tampa, and Channelside District.  Contact us at 813-546-5222 for more assistance.

The Tampa Real Estate Market has been moving at a very fast pace lately.  1 Year ago the Tampa had 24 months of inventory.  3 Months ago Tampa had 15 months of inventory...and now Tampa has 10 months of inventory.  Tampa Homes are moving onto market and back out again with well priced property only lasting less than a few weeks at times.  The market is not like how it was in 2004-2005, but it is getting pretty close.  Anyone with decent credit and/or money is jumping into the market to buy as much as they can.  It is never possible to time the market, but you won't be able to play the game if you don't have a game piece in play.

Warren Buffet said that now is the time to buy real estate...Usually when the wealthiest man in the world speaks, people listen, are you?

Team Masse would like to wish a happy and safe July 4th for everyone and we look forward to helping all fulfill the American Dream of home ownership here in the Tampa Bay Real Estate Area.

Take it safe, enjoy family and friends, and god bless.

Best Regards,

Robert and Carla Masse
Team Masse