Posted in Uncategorized

Another Day in Paradise: Buying

We think the Real Estate market is showing signs of recovery. We’re seeing a lot more activity than we did at the beginning of the year. It has started picking up. Our ERA colleagues confirm they’re busier and we’re also seeing a number of buyers coming in to relocate to TampaBay. The good news, TampaBay continues to attract new residents. Some are coming to retire but many are job transferees. Combine all this with some of the lowest mortgage rates we’ve ever seen. Freddie Mac recently issued the results of its Primary Mortgage Market Survey (PMMS) in which 30 year fixed –rate mortgages averaged 4.85 per for the last week in March. Freddie Mac’s weekly survey dates back to 1971 and this is the lowest rate … ever. In looking at the Greater Tampa Association of Realtors monthly roll-up which provides monthly sales averages we can see the inventory of homes has gone down 10% since its high of almost 20,000. The average sale price is at $160,145 compared with an average sale price of $258,271 in February of 2006. Back then, we had potential buyers claiming the TampaBay area was not offering the home value pricing that has always attracted buyers to the Gulf Coast. Put it all together and, with fingers crossed, we see gradually improving conditions just beginning. Low rates, great in- inventory selection and continuing relocation to TampaBay says things are looking up. For Buyers—now is the time to make a move. For Sellers, we have Buyers looking for quality proper- ties competitively priced. Check out the listings at www.TampaBayHomes.Com or write us for a dedicated property search in your name at TampaBayHomes1@Yahoo.Com
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Author:

Introducing Sheena and Bob Murray, Realtors Experts in domestic and international relocation and investment Sheena is from the Scottish Highlands, educated in Wales and lived in Surrey and Sussex in the South of England. Coming to the US for a one-year visit, she met Bob and has extended her stay by some 30 years. Married in England, Sheena and Bob settled in Minneapolis, Minnesota. Since then they have lived in Boston, Geneva, Switzerland, Amsterdam, The Netherlands, Houston and, finally Tampa. Sheena and Bob have two children, Ian and Fiona. Married, Ian lives in Seattle, Washington with his wife Gulay. Ian is a rocket-scientist working for Blue Origin. Fiona is married to Danforth Johnson and lives in Iowa City, Iowa with their two sons Roan and Tristan. Fiona is an Emergency Medical Technician (EMT) and Paramedic. While in Boston, Sheena was in Real Estate and General Contracting. Buying older homes, she renovated and sold them with several properties in varying states of re-construction at any one time. Consequently, Sheena has a keen eye for Real Estate value and potential as well as detailed experience in how to improve and/or evaluate properties structurally and cosmetically. Sheena sees all the possibilities and can make specific interior and exterior recommendations - from essential to aesthetic including landscape gardening. Sheena is an Accredited Staging Professional (ASP). Having moved to Tampa in 1998, Sheena has continued her career in Real Estate. In 2000, Bob joined her bringing his experience in sales, marketing and communications gained from his career as a senior executive in international sales and marketing for DEC, AT&T and Compaq. Having made more than a dozen moves domestically and internationally, Sheena and Bob are personally and professionally knowledgeable about the entire relocation process – from first meeting to moving day. Sheena speaks French and Dutch. Sheena holds the prestigious Certified International Property Specialist (CIPS) designation and joins a worldwide network of global real estate practitioners with certified expertise working with international clients and is an accredited member of ERA’s International Collection of Fine Homes. Before joining ERA Dennis Realty & Investment Corporation Sheena and Bob were awarded the Prudential’s Chairman’s Circle Gold Award placing them in the top 3% of all Prudential Realtors in the world. They were named ERA Dennis’ Top Team for 2007 and 2008. Bob has recently completed several detailed courses on foreclosures and short sales and is an accredited short sale specialist. Sheena has completed the USAA Movers Advantage Training Program as she continues to increase her relocation services capability. Whether it’s Buying or Selling, Resale or New Construction, with their knowledge of the Tampa Bay area and superior customer service, Sheena and Bob will help you meet your real estate goals efficiently, painlessly and with a happy spirit.

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