Real Estate Zip Code Report for 33548 - February 2015

Interested in Knowing What Homes are Listed and Selling for in Zip Code 33548? 

Please click on the photo to be taken directly to this interactive report where you can browse descriptions and photos of current active and recently sold listings. Don't forget to check out the schools and community tabs too! Questions? Please feel free to call me at 813-230-5804.

If you would like a report like this for your community, please click 

on "Get Your Free Market Snapshot" below or email me at smithersells@yahoo.com

Net Worth: A Homeowner’s is 36x Greater Than A Renter!

Over the last six years, homeownership has lost some of its allure as a financial investment. As homeowners suffered through the housing bust, more and more began to question whether owning a home was truly a good way to build wealth.

Every three years the Federal Reserve conducts a Survey of Consumer Finances in which they collect data across all economic and social groups.

Some of the findings revealed in their report:

• The average American family has a net worth of $81,200
• Of that net worth, 61.4% ($49,856) of it is in home equity
• A homeowner’s net worth is over 36 times greater than that of a renter
• The average homeowner has a net worth of $194,500 while the average net worth of a renter is $5,400

Bottom Line

There are many reasons why owning a home makes sense, the Fed study shows that owning is still a great way for families to build wealth in America.

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Real Estate Zip Code Report for 33626 - February 2015

Interested in Knowing What Homes are Listed and Selling for in Zip Code 33626? 

Please click on the photo to be taken directly to this interactive report where you can browse descriptions and photos of current active and recently sold listings. Don't forget to check out the schools and community tabs too! Questions? Please feel free to call me at 813-230-5804.

If you would like a report like this for your community, please click 

on "Get Your Free Market Snapshot" below or email me at smithersells@yahoo.com

Year Over Year Home Price and Sales Averages are Still High in the Southeast

Price Reduced by Almost $50,000! - 2912 Whittington Pl, Tampa, FL 33618

HUGE PRICE REDUCTION!

Get Directions Click Here Description Features Photos Maps & Local Schools Virtual Tour $ Click for current price 4 BEDROOMS 5 BATHROOMS (3 full, 2 half) 4258 Square Feet Price reduced by almost $50,000! This Florida lifestyle home with its versatile floor plan has everything you need for your dream home! For those looking for boat or RV storage, the private parking area may make this just the home for you! A large foyer and views of both your huge formal living/dining areas and your oversized family room lets you know this home is special from the moment you enter. Your family room has a wood burning fireplace, soaring vaulted ceilings and sliders to your pool area. Step outside to your amazing screened entertainment area with beautiful black bottom pool with spa and a cabana with full bath and built-in outdoor kitchen. The cabana needs renovating, but will be a true luxury when completed. Your kitchen has a pass-through to the family room and lanai, a breakfast bar and eat-in space with built-in cabinets and desk. Your master bedroom suite includes mirrored closets with built-ins as well as a private bath with jetted tub, stand up shower with grip bars, double sinks, extra built-in cabinets and a walk-in closet. Secondary bedrooms include a bedroom with double sliding pocket doors that make it an excellent choice for a home office, gym or a playroom and a bedroom with a full private bath. Upgrades like chair railing and mirrored corner shelf in the dining room, utility sink and broom closet in the laundry room, a spiral staircase to an oversized loft with skylight, two closets and a half bath, an end of cul-de-sac and great central Carrollwood location add to the appeal of this home. Tampa Homes For Sale Search All Homes for Sale Homes Close to Where You Work Avoid Foreclosure What is Your Home Worth? Susan Smither Berkshire Hathaway HomeServices Florida Properties Group 813-230-5804 smithersells@yahoo.com L2L

No Matter What the Groundhog Says… You Should Sell Before Spring!

Is spring closer than we think? Depending on which Groundhog you witnessed today, you may have less time than you think to get your home on the market before the busy spring season.

Many sellers feel that the spring is the best time to place their home on the market as buyer demand traditionally increases at that time of year. However, the next six weeks before spring hits also have their own advantages.

Here are five reasons to sell now.

1. Demand is Strong

Foot traffic refers to the number of people out actually physically looking at homes right now. The latest foot traffic numbers show that there are currently more prospective purchasers looking at homes than at any other time in the last 12 months, which includes last spring’s buyers’ market. These buyers are ready, willing and able to purchase… and are in the market right now!

Take advantage of the buyer activity currently in the market.

2. There Is Less Competition Now

Housing supply just dropped to 4.4 months, which is under the 6 months’ supply that is needed for a normal housing market. This means, in many areas, there are not enough homes for sale to satisfy the number of buyers in that market. This is good news for home prices. However, additional inventory is about to come to market.

There is a pent-up desire for many homeowners to move, as they were unable to sell over the last few years because of a negative equity situation. Homeowners are now seeing a return to positive equity as real estate values have increased over the last two years. Many of these homes will be coming to the market in the near future.

Also, new construction of single-family homes is again beginning to increase. A recent study by Harris Poll revealed that 41% of buyers would prefer to buy a new home while only 21% prefer an existing home (38% had no preference).

The choices buyers have will increase in the spring. Don’t wait until all this other inventory of homes comes to market before you sell.

3. The Process Will Be Quicker

One of the biggest challenges of the housing market has been the length of time it takes from contract to closing. Banks are requiring more and more paperwork before approving a mortgage. There is less overall business done in the winter. Therefore, the process will be less onerous than it will be in the spring. Getting your house sold and closed before the spring delays begin will lend itself to a smoother transaction.

4. There Will Never Be a Better Time to Move-Up

If you are moving up to a larger, more expensive home, consider doing it now. Prices are projected to appreciate by over 23.5% from now to 2019. If you are moving to a higher priced home, it will wind-up costing you more in raw dollars (both in down payment and mortgage payment) if you wait. You can also lock-in your 30-year housing expense with an interest rate below 4% right now. Rates are projected to be a full point higher by the end of 2015.

5. It’s Time to Move On with Your Life

Look at the reason you decided to sell in the first place and determine whether it is worth waiting. Is money more important than being with family? Is money more important than your health? Is money more important than having the freedom to go on with your life the way you think you should?

Only you know the answers to the questions above. You have the power to take back control of the situation by putting your home on the market. Perhaps, the time has come for you and your family to move on and start living the life you desire.

That is what is truly important.

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