Should I Wait To Buy A House In Tampa FL?

No, you should not wait to buy a house in Tampa FL. You should however by the right house in Tampa Florida and keep it for long term. Short term home ownership rarely works out except for the more experienced investors.

Tampa Florida

The Tampa Housing Market Is, The Tampa Real Estate Market

Tampa Bay has some ridiculous high home prices, because they are worth it. The median sale price for a home is around $420,000 as of the day I write this. Our business is selling real estate and trust me any type of residential Tampa real estate will sell quickly if it is priced correctly. We have internet traffic from all over the world that tells us there is global interest in the local home prices. Even higher end home prices attract people looking just for them. It is amazing indeed.

Seller's Market or Buyer's Market-Average Sales Price

In a area with this much difference it is always a seller's market. In north Tampa you will find a buyer's market because the prices drop below the median price and you have more areas with challenges like the crime rate, older homes and further from the primary draws that Tampa has. Not all of north Tampa has crime rates that are high, but look closely at the places you are interested in. Try sites like this one or Neighborhood Scout.

Prospering In Any Real Estate Markets

Know all of your expenses up front and work with us. I am a professional real estate agent and have a loan officer living in my house. We put clients ahead of any sales and you can't beat a local agent that does that. Let's look at some of the expenses you will incur. Getting financing today is similar to an audit.

• Closing Costs 3%-4% Of Purchase Price (usually)

• Home Inspection $300-$800

• Down Payment 3% To 20%

• Home Owners Insurance- Talk To Us For Tips

Start House Hunting After Mortgage Approval

Local real estate sells very fast. Especially if it is priced right which means newly listed, or it would already be gone. A buyer who is house hunting and not prepared is going to be very frustrated. Buyers who have atleast a pre-approval letter may get the bargain they are looking for. Tampa home vales and prices are high. There is still high demand for a good deal, contact us for assistance with any Tampa FL real estate need.