In
This issue:
Housing Growth
What to look for
Housing Troubles?
tBay Hot News:
New upscale Serengeti community
at S.R. 52 & Suncoast Parkway in Pasco County, by Lexington Homes
New at Kingsway: Hammocks at Kingsway by Wm. Ryan Homes.
New at Kingsway:
Kingsway Estates by Inland Homes.
Filling up in Tarpon Springs: Hidden Ridge by Anmar Homes.
New at Tarpon Highlands: Spyglass by Lexington Homes, the final parcel of Tarpon Highlands
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| It may be a best time to buy |
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| Fact. Despite the housing dip, Tampa Bay's new home market is still alive, and enduring a harsh landing . . . with lots of choices and very compelling prices. There are more than enough new homes to fulfill your family's dreams.
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Tampa Bay's Housing Growth
Here's why Tampa Bay is experiencing a noticeable home pricing decrease in 2008.
The inventory of new homes is high.
Demographic trends demand fewer new homes.
Mortgage rates are above the recent historical lows, but still attractive.
Fewer flexible credit options are available, but motivation is high.
Unemployment is comparatively lower and job growth is stalled.
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What to look for:
Reasonably-priced homes by reputable builders.
Opportunities that fit your pocket book and schedule.
Professionals who are trustworthy and experienced.
A community that has realistic potentials for your family.
Is Tampa Bay in Housing Trouble?
According to market experts, Tampa Bay's real estate window of opportunity is still open. Many of the reasons for this year's housing challenges are still present. This means an abundance of Housing Options for Tampa Bay buyers, since our frantic growth spurt has relaxed to catch up with income reality. It just may be the BEST time to buy!
Proceed with excitement and always with wise caution.
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