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Tampa Real Estate Truths

Published by Lance Mohr | Filed under Investing

It’s true, while fluctuations from year to year are normal, Tampa real estate remains one of the best performing and consistent long-term investments.  Median existing homes in Tampa have fluctuated little compared to other markets.  Prices have come back down to year 2001 levels and it is a buyer’s market.  There is certainly no guarantee as to how long the prices will stay down, so if you have contemplated purchasing a home before, now may be the time to buy a home.

The Tampa real estate market is getting better and also boasts some of the best neighborhoods to choose from, such as Westshore Yacht Club, Seminole Heights (historical neighborhood) and Hyde Park (historical neighborhood).   Seminole Heights was actually awarded the honor of Best Neighborhood, Hillsborough by the Creative Loafing Readers’ Poll.  So, for consumers looking for long-term and stable growth rates, real estate is still their number one choice.  Now is the time to buy and the Tampa real estate market is the place to be.

January 24th, 2009