New Tampa Real Estate Sales for June 2007

So I'm a buyer in New Tampa, explain what this means to me? Should I buy now, wait it out? What should i be looking for, are there deals to be had?

Hi Morgan, Thanks for the questions. This is a great time buy a “home” in New Tampa, not a property, or house, but a home, where you pan to live, join the community, and possibly raise a family. As I mentioned in my last post Forbes Magazine rated Tampa the number one buyers market in the country and not solely because of the large home inventory, but because we are positioned well for a strong recovery, due to great economic fundamentals. My previous post “The Good News About the Florida Real Estate Market” talks a little more why it’s good time to buy in Tampa. There are a number of great opportunities out there across almost all price ranges and many builders remain eager to unload inventory homes. Although the numbers above show a year to year declines, sales have increased month to month and inventory has just started to turn down, so this is starting to look like the bottom, which makes it great time to buy. Continue to look for month to month sales increases and a declining inventory, if those two patterns continue we may be on our way back up.