Tampa Home Inspector Update

Florida Governor Charlie Crist has just signed SB 2234, which creates a program to license home inspectors working in Florida by July 1, 2010.  Selecting a home inspector is an important step in purchasing a new or resale home, and the additional level of oversight is a welcomed development. Meanwhile, we will continue to look to the American Society of Home Inspectors (ASHI) for qualified inspectors. ASHI is the oldest and largest professional society of home inspectors in the Unites States. The ASHI website has a feature for locating home inspectors.

Tampa Real Estate Market: Forbes Magazine Profile of Tampa Home Sales

Is Tampa Florida a candidate for a rapid recovery in residential real estate?  The June 8, 2007 issue of Forbes has an article entitled “The Most Resilient U.S. Real Estate Markets” that examines the 40 largest metro areas to asses which are ripe for investment. The story asks “which metro area markets stand the best chance of recovery, and when will that upturn occur”?  The article focuses on Tampa as the perfect candidate for a V-shaped recovery. Citing economic analysis from Moody’s Economy.com, the data points to Tampa’s strong economy and low exposure to subprime lending.  Moody’s projections have Tampa burning off excess inventory by first quarter of 2008, with prices are expected to increase by 10.6% the following year.

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