I’ve noticed the last few weeks that the stats are picking up in the luxury home market.  As consumer confidence improves and people feel more secure about their jobs, the buyers who have been waiting for the market to bottom out are coming out to look at property.   There are some awesome homes for sale in the $1 million+ price range that are priced to sell.  You’d be amazed at what your dollar buys right now.

Tampa’s latest home pricing reports show inventory dropped way down, so now we have 8 months in a row of reduced inventory and for the 1^st time since August of 2006 we are in single digit number of months of inventory (8.76 months).    This means that homes priced fairly will sell in a fairly short amount of time.  Also, June was the 2^nd month in a row of increased average list and sales price (jumping over $10,000 from May).     Soon appraisers will not have to calculate  negative â��Timing Adjustmentsâ��  because when the inventory is going down and the prices are going up,  we are Not Declining any more!!!! �
Here are 3 reasons to buy now:
1.  Low, low prices
2.  Low, low interest rates  (Some of us old broads remember 18% interest rates in 1980, yes I was in real estate then.)
3.  $8,000 from the government right now for buying your first home.  You can amend your 2008 taxes and get a refund.  Use the money to fix up a foreclosure.
I’m a Bank REO listing agent and have lots of homes for you to choose from.�
The closer it gets to the November 30th deadline, the less the selection will be.  Plus you need at least 30 to 45 days to get a new loan anyway.
I hope you call me soon, before you miss out!  813-956-3563
Janet Montano, REmax ACR Group  www.TampaHomesBestBuys.com