The latest home sales in Tampa illustrate just how low the inventory has dipped--as a result of low interest rates, low home prices, and a slowdown in the pace of foreclosure listings hitting the market, inventory has dropped below 10,000 homes. Check it out:
http://www.gtar.org/files/documents/MFR_Stats/mfrmlsnov11.pdf
For home buyers, this makes it all the more challenging to locate and secure a great deal--many buyers are finding that when they do find a great listing online, it is already under contract. When you come to our team at Tampa Home Group for help, not only do we have access to all the MLS listings, but we also prospect daily for homes coming on the market for homes coming on market. We have an extensive database of past clients and fellow agents whom we stay in touch withso we can alert you to great properties coming on market soon.
Expect new listings to hit the market after the first of the year. It's going to be an exciting year.