Why Buy Now – The Impact of Waiting

Business Week has an article that explores the case for buying now based on low interest rates. The article discusses the financial impact that interest rates have on the cost of buying and paying off a home. “Every quarter-point change in interest rates is equivalent to approximately $6,000 for every $100,000 borrowed over the course of a 30-year fixed.” If you are waiting for Tampa Bay home … [Read more...]

New Tampa Real Estate Market Report

Average Sold Prices in New Tampa

Curious about real estate market conditions in New Tampa (33647)? Check out our market dashboard with charts about:  - Listing Prices vs. Sold Prices  - Number of Listings, Contracts, Sales & Expireds  - Days on Market Click New Tampa Real Estate Report  for 5 charts and analysis. … [Read more...]

Rap Video of New Tampa?

As 2009 comes to a close and we consider the 2010 marketing campaign, should we make a Gangsta Rap video of New Tampa that might go viral like this one about Northern Arlington? Funny, ironic and worth the click: http://bizy.be/QV2ZT … [Read more...]

Did You Pick The Right Home? The Contract-to-Close Process.

Congratulations, your offer to buy the home was accepted - now what? Did you really pick the right home? Does your Realtor have a “Due Diligence Checklist” to help determine if this is truly the right home to match your needs across the four fundamentals of home buying? You need a proven process to ensure that you take advantage of every negotiation opportunity that arises during the … [Read more...]

Home Buyers Beware: Avoid these 12 Unpleasant Mortgage Surprises

Don't be left at the alter without a loan! The Tampa real estate market is seeing a high percentage of transactions fall apart during the contract process due to financing issues. One thing we have learned over the years holds true: “Promises and personalities do not ensure success, process does”. To avoid the pitfalls below, Team Bohannon used a Home Buying System to ensure the lender has … [Read more...]

What is a Real Estate Team? Why Should I care?

Who & What is “The Team”? You might be wondering “what is a Real Estate Team”? Why should I care?  Realtors who provide goodservice can expect to see business grow. Like any small business, there comes a time when the business grows to a point where one person can no longer do everything. At this point, Realtors must decide how to proceed: attempt to maintain service levels all by … [Read more...]