Informing yourself of the real estate market at the start of your search will prepare you for the home buying or selling process. This Tampa housing market video update for August of 2016 will generally give you a good idea of how the Tampa real estate market is at this time.
There's not a big difference between July/August stats, as we are still in a Seller's market. The market's still tight, so make sure to be mindful of pricing. If you're looking between $100-200K there are few homes available… And higher price ranges ($200K and above) are still tight with inventory as well. Realtors may tend to be desperate with sellers because there aren't a lot of listings out there right now. So don't just choose any realtor because they may not know what they’re doing. Do your due diligence and make sure that you’re picking the right realtor as your representation. And as a home buyer, you will most likely be in a multiple bid situation with this current market and that’s why it’s so important to choose the right real estate agent for you and your family. You'll need someone who knows how to handle multiple offer situations so that you can beat out the others and win the home.