Westchase, Carrollwood, and South Tampa: Are the buyers out?
Posted Mar 8, 2008 @ 8:07 pm, Viewed by 286 Visitors, Read 311 Times.Whew! What a weekend this have been so far and it's not over yet. It's only Saturday. Either the buyers are out in herds or those who've bookmarked us are finally calling. But this weekend have been a record for us as far as showing properties in these 3 areas of Tampa: Westchase, Carrollwood, and South Tampa.
In the past, we'd be lucky if one or two people look in these areas. Lately we've been getting lots of inquiries specially in Westchase, (our web hits for Westchase Real Estate have quadrupled) and surprisingly, higher end homes. Today alone we had at least 10 clients each looking at each of these areas. Needless to say our agents have their hands full.
South Tampa have been getting a lot of attention also but mostly from investors trying to pick up some bargain deals. So, things are moving. Not all things. But some things. We noticed that the areas that were not overbuilt are actually the ones moving the most. South Tampa, Carrollwood, and Westchase didn't have as much new construction during the boom because there were really no more land to build on. Areas that were overbuilt: Apollo Beach, Riverview, Wesley Chapel, and Gibsonton are declining in price and very few are moving.
The recent surge could also be due to the Greater Tampa Association of Realtors, Pinellas Realtor Association, and West Pasco Board of Realtors joint campaign on "BestTime2Buy" real estate in the Tampa Bay area. The message: "it's not a good time to buy, it's the BestTime2Buy".
So if you're hesitating, you might get left out. Now or never:)
Check out our up-to-date listings in Westchase, Carrollwood, and South Tampa.
Cheers!!!! Happy selling. May your short sales be.... well... short. LOL.
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Social Bookmarking2 Responses to “Westchase, Carrollwood, and South Tampa: Are the buyers out?”
Hi Calum
... The ones under $200K are most definitely moving everywhere. Mostly bank owned and short sales. We're actually close to bottoming out on those areas. I see that prices and inventories have been flat in the past 2 months. That's a good thing. It's been on a downward slope for price and an upward slope for inventory for a long time.
Good luck on your market. I enjoyed your article on GTAR.
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Hey Julia, Nice post, there's no doubt activity is up overall, but we're actually seeing a lot of activity in Wesley Chapel right now. Our office is in Wesley Chapel, so it's always one of our top areas. Yes, the buyers are looking for deals, but they're finding them and taking them. Good Luck, Calum