Busy Week For Tampa Home Sales

December 21st, 2007 categories: Tampa Real Estate, Tampa MLS, Hillsborough Property Tax

This coming week is usually busy as buyers rush to close before the end of the year to qualify for the homestead exemption for 2008.

In order to qualify for any given year, buyers must own and have lived in the property since January 1^st of that year. From Rob Turner’s website:

The deadline for a homestead exemption application is March 3, to have it apply for that year. You must own and have lived in the house as of January 1, of that year to qualify. You may prequalify for homestead year-round for the following year. Once homestead is granted, it is automatically renewed.

So just how busy? According to our MLS, there are 284 properties in pending status (City = Tampa) with an expected closing by 12/31/2007.

More about the Homestead Exemption:

Data used is from the Mid-Florida Regional MLS, all brokers/agents included. Does not include private, non-brokered sales.

This entry was posted on Friday, December 21st, 2007 at 11:24 am and is filed under Tampa Real Estate, Tampa MLS, Hillsborough Property Tax. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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