Predictions for the Tampa Bay Real Estate Market … When Will we Hit Bottom?
The #1 question on the minds of those thinking of buying a Dunedin home or a Palm Harbor home is “When will we hit bottom?”. Timing the real estate market is no easier than trying to time the stock market. This graph illustrates this point.
We recently reviewed the benefits to buying a Pinellas home now. Pinellas real estate over the long term has always historically appreciated, n0t to mention there are many tax saving and intangible emotional benefits to home ownership. And whoa ….. interest rates are ridiculously low. If you’re a first time homebuyer looking for an FHA loan, you’ve got critical timing issues to consider that can affect your wallet.
Now is the time to be investing in Pinellas real estate, because by time the bottom has been officially announced in the St. Pete Times, it will be staring at us in the rear view mirror.
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