Seven Oaks Real Estate Market Report

Seven Oaks is a signature community in the heart of Wesley Chapel. If you are curious about the real estate market in Seven Oaks, please see our new 4 page Seven Oaks Market Report that shows statistics on Active Listings, Contracts Pending, and Closed Sales over the past 6 months. The report shows average prices, absorption rate, and list-to-sales price ratios. The Seven Oaks Market Report … [Read more...]

Are Distressed Homes Worth It?

Looking to buy a short sale or foreclosure? Wondering how to avoid the pitfalls, or what strategies to employ? The National Association of Realtors is reporting that nearly a third of overall housing sales were distress sales, but the impact in Tampa has far exceeded national averages. Short sales can be fraught with uncertainties and extended delays that cause real headships if a buyer is on a … [Read more...]

Fed Says 1 in 3 Loan Applications Denied

Pre-approval is more important than ever for Tampa home buyers. According to a Federal Reserve study, nearly one in three borrowers applying for a loan in 2008 was denied as lenders enforced tight standards to respond to the mortgage crisis. Many buyers are denied even though they have a pre-qualification letter, which can lead to expensive last minute surprises before closing.  To avoid … [Read more...]

What the housing 'rebound' means for you

Money Magazine has an article about the housing market that is more thoughtful than most. The story illustrates that the real estate "recovery" is far from uniform. While lower priced homes are selling fast, mid-tier properties are lingering, and high-end homes are just sitting. The article covers strategies for buying and selling in each pricing segment. Click here for the full article. … [Read more...]