Tampa & Beyond Real Estate Blog

Follow me
Real Estate Agent - Keller Williams South Tampa - SL3178936
From January to July look at the number of sales of distressed properties and how it’s dropped like a rock. In the first half of the year the percentage of distressed property sales goes down. In the second half, because there are less houses selling and more distressed properties this year comin...
  Perhaps you have heard about it.   On the news, a reporter tells a story about how the housing crisis has caused some homeowners to simply walk away from their homes. It sounds crazy, but many people are being led to believe that walking away from their home is a good (or even the best!) option...
Three major things. Number one, as we start seeing prices start to dip this is nothing to be concerned about. It’s not a sign of impending doom. It’s just a seasonality we have experienced over the last couple of years. We have to let our sellers know if they are waiting until the end of the thi...
  Celia Chen, the housing analyst at Moody’s Analytics, said housing’s about to turn from being a drag on the broader economy to being a driver. I think we are already in the middle of that. House prices will remain the lager, perhaps dipping a little bit before hitting a sustained and solid appr...
Lets look at future prices over the next three to six months. We know that by the end of the next year we are going to start seeing appreciation and we are going to slowly build to appreciation over the years after that. By 2016 we are going to be pretty much back to normal levels of appreciation...
Redfin did a study of their existing sellers and here is what came out. Sixty-one percent of the sellers they currently have, planned to sell in the next twelve months. Twenty-five percent are going to sell right now. If we add in the people that want to sell within the next three months, that ju...
From now till the end of the year is going to be a big a challenge. The good news that the market is slowing but surly becoming a sellers market is being broadcast around the world there will still be some sellers sitting there saying “Wait just a minute lets wait.”.   There will be a few of your...
I got a phone call from an agent in my office who does not actively sell real estate. He wanted to introduce me to his daughter and son-in-law so that I could help them sell their investment property. I met the couple, Michael & Robin, along with their business partner David, at the home and we d...
Interest rates are bottoming out, prices are starting to rise to a certain degree, and rents are going up in almost every marketplace. Actually in most they are skyrocketing. That made David Shulman, Senior economist with the UCLA’s Ziman Center for Real Estate say. “The American dream of home ow...
Interest rates are at an all time low, affordability really has people saying what am I waiting for. I’m not suggesting that interest rates are going to continue on the upswing. I think they’re going to remain pretty well balanced out over the next year. Meaning we have reached the bottom and we ...

Michele Herndon

Herndon Group PLACE Keller Williams South Tampa
local_phone(813) 699-1718
smartphone(813) 856-9822
Contact The Author