Good time to buy in Tampa?

by admin on June 6, 2008

My wife and I took a few days of and headed over to St Pete Beach for a few days.
It was long overdue as we we haven’t had much time off with our busy real estate business. Yes we did say busy, when we say that to people they look at you with a confused look and say but isn’t the real estate market horrible?

I guess that depends on who you ask. It may be horrible for
a seller who bought two years ago at the height of the market and now is upside down, from their perspective I think they would say the market is terrible. How about ask the same question to a first time home buyer who now is able to purchase a home that is within their budget in which they otherwise could not have bought a home two years ago. Buyers are peeking their heads out and getting their feet wet in the Tampa real estate market.

I just wish some buyers who are on the bubble don’t pass the opportunity to buy, look at what happen to many sellers who tried to do the exact same thing when the market was hot and tried timing the market. I know a lot of smart and savvy business people who lost a lot of money who didn’t realize we were at the top of the market so I think it would be foolish to try and predict the bottom of the market because nobody knows for sure, we could be already there.

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Dan Nappi | Create Your Badge