Posts Tagged ‘Tampa Market Reports’

Demand is up and supply is decreasing, moving Tampa’s real estate market towards stability.

The big news is that the rate at which the index had been falling is slowing. Yep, the 2.7% drop in the index from January to February was certainly lower than the 4.4% drop from December 2008 to January 2009. But will that continue?

Supply falling with increasing demand for Tampa homes.

The Lis Pendens is the initial document filed by a mortgage note holder when beginning the foreclosure process. These documents are recorded as public record. Keeping tabs on the number of Lis Pendens filings gives us an indication of the amount of distressed mortgage loans that are still out there (not much has changed). The [...]

The recent news that February 2009 was much improved over February 2008 was certainly welcomed. Much of what is selling is still the pre-foreclosure short sales and the post foreclosure bank-owned properties in Tampa. In fact, by my calculations, about 58% of what is under contract is either pre or post-foreclosure.
I like to look at [...]