Well 2007 was a rocky one for the Real Estate market we will see how 2008 will begin. We plan to provide you with more local Tampa market reports for the 2008 year. 2007 was a record setting year for number of foreclosures and short sales. We will continue to see foreclosures until the inventory in the Tampa market gets absorbed.

A very important amendment we get to vote on January 29th in reforming Florida’s property tax system. Yes on 1 for more info.

With interest rates still low and home prices at great prices it really is a great time to buy as most of the home price depreciation has likely been taken.

The Tampa area has a strong economy and is more likely than most cities to bounce back quickly.If you are thinking of buying consult a Tampa Realtor for consultation and representation in your home purchase.