SI Real Estate prides itself on first class personalized services that are second to none. Our client needs and expectations are highest on our list of priorities and we do our best to exceed them at every opportunity. Our real estate professionals have extensive experience in the field and are equipped to handle any situation that may present itself through the selling process. We have sold homes that come in all shapes and sizes and will not be satisfied until the job is done and YOU are happy.
So you ask yourself, why sell my home now? While many consumers are still sitting on the fence, others are getting reconnected with the changing real estate market. One reason we encourage home owners to list with SI Real Estate now is because of the limited housing inventory available. Inventory in our local Tampa, Florida market has dipped 23% from levels of one year ago! A healthy real estate market should have six months of property inventory available. The average “shelf life” for homes in our market today is a short 69 days. This causes multiple offer scenarios, which usually produces higher selling prices and shorter time on the market.
Being that housing inventory is dwindling, builders too have stepped in and taken action. Tampa home builders have started building at rates we haven’t seen in over four years. While new construction creates options for buyers, it also creates competition for sellers. Sellers haven’t seen the supply and demand curve in their favor in years, and it is finally beginning to look that way.
Along with reduced inventory come other factors such as record low interest rates and buyers wanting to take advantage of prices before it is too late. A sense of urgency has been created and it has sprung from buyers realizing that the bottom was reached some time ago and the only way to go is up. Reduced inventory, coupled with interest rates hovering around 3.3%, are allowing consumers to seriously consider the advantages of purchasing a home.