Archive for the ‘Tampa Home Buyer Tips’ Category

The turn-around in home prices seen in the Spring and Summer has faded with only seven of the 20 cities seeing month-to-month gains, although all 20 continue to show improvements on a year-over-year basis. All in all, this report should be described as flat.

Here’s a look at what characteristics most affected home values whether positively or negatively.

It’s understood (by most of us) that high crime and property values have an inverse relationship. Areas of high crime have low property values and vice-versa, generally speaking. So it’s important when purchasing residential real estate to understand where the crime is, or more importantly, where the crime isn’t.

I’ve received many e-mails in the last few days, mostly from mortgage companies, alerting me that the home buyer tax credit has been extended and expanded. There’s no doubt that the tax credit, originally set to expire at the end of November, 2009, was successful in getting more first-time home buyers to take the plunge. [...]

Buyer traffic has increased substantially on some listings.