Thursday, January 17, 2013

Diana Sames Realtor New Trends end of 2012: Sadly, when a prospective tenant calls me for help or comes to the office I mostly have to say “sorry there is ‘nothing’ to Rent, so if you see an opportunity “grab it” quickly”. Sadly when a Buyers calls me for help or when they walk into my Office at REMAX PREFFERED on St Pete Beach, they are unlikely to find the price point or position they want any more? However, the last 2 years I have always had inventory for buyers that I would call “deals” and countless times I have said, “it is unlikely something like this will be available for another 5 or 6 years” because the "property in this location" or a "condo in this position" have not been on the market at all in the last 5 to 6 years! With all the Press and Buzz about Florida housing bust, most buyers simply went home thinking there would be more inventory and a better price opportunity "when they come down next year". Fact : Busy Realtors know their Market. Fact : Not many HOMES Exist on the Water or on our Gulf Sands period. Not many get to be homeowners on our beautiful barrier Islands. Especially those that are really walking distance to the Beach. FYI -locals of St Pete Beach to Clearwater Barrier Islands is commonly referred to as "THE beach". Fact : There is LIMITED INVENTORY at ANY time. Fact : Demand for Rentals is up Inventory is low. Do you have a Property to Rent and /or Sell Call a Professional Today? Get a market snap shot of 33706 today at Fact : The Market is in the process of Change Now! BUYER's do not stall. Soon the interest rates will go up and the cash buyer's will once again bring the appraised values up and the last few years of 'Glut' will be just a distant memories and we will all talk of “opportunities missed” right? Life is Short right. Summary: I am so happy to own a home on St Pete Beach The market goes up and down but what do I care. It does not matter in the long term what your neighbor paid whether you bought in the boom or the bust but rather that you can own your slice of the Florida beach dream. The Kids will still get an inheritance. Will you ENJOY your dream of "Island time" or "Beach living" DREAM now? I hope so? Don't MISS OUT be ready to compromise for a smaller, older house for your Plot of sand. You can always enlarge it and make it better than NEW right? Sure the storms will come and Sands will move around from one beach to another but in the end the Winter COLD inhibits half the world every year and make the Florida Dream live on even past Hurricane season and past Shark week. Life is short, invest in Florida Today Call Diana Sames the only Australian at REMAX Preferred on 727 776 0122! Now i have Renee, Christine Russell working for me,, to help you, Find a Florida Beach Home
FOR IMMEDIATE RELEASE Contact: David Bennett President & CEO Phone: 727-216-3002 Email: Pinellas County Real Estate Statistics for December 2012 Happy New Year and welcome to 2013! We survived the end of the world and the fiscal cliff. The Mortgage Forgiveness Debt Relief Act has been extended which offers some solace for all of those going through the short sale and foreclosure process. Inventory is still low and prices have inched higher. Many investors that have been sitting back waiting for the best possible deal may have missed the boat. These investors will be starting to feel the pressure to buy before prices increase further. Single family active listings are down 27.19% from December of 2011, but the average sales price for single family active listings is up 15.72%. Active condo listings are down 20.02% from December 2011, but the average sales price for active condo listings is up 8.7%. The slight decrease in total property sales and active listings from November to December may be attributed to the busy holiday season. The strongest supply of inventory continues to be condos. Currently, we have an 8.3 month supply of condo inventory. Residential properties are at a 4.5 month supply and single family homes are the weakest link with a 3.8 month supply of inventory. The lack of inventory, low interest rates and slowly rising prices are set to create the perfect storm. Certainly, there are other factors involved that will either help or hinder the real estate market and one such factor is the unemployment rate. When consumers begin to feel more confident in the stability of their income they will become more apt to buy. Thankfully, we live in the sunshine state. People from all around the world come to relax on the beach and soak up the sun. Chances are at least some of these visitors will either decide to retire here or purchase a vacation home.