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Old 04-13-2009, 07:54 PM
 
Location: Tricoastal
353 posts, read 696,006 times
Reputation: 264

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a 99.7% certainty????

Price declines in Tampa-St. Pete a near certainty (http://blogs.tampabay.com/realestate/2009/04/price-declines-in-tampast-pete-a-near-certainty.html - broken link)
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Old 04-13-2009, 09:48 PM
 
Location: Sun City Center, FL
177 posts, read 610,320 times
Reputation: 142
Quote:
Originally Posted by saltzman143 View Post
a 99.7% certainty????

Price declines in Tampa-St. Pete a near certainty (http://blogs.tampabay.com/realestate/2009/04/price-declines-in-tampast-pete-a-near-certainty.html - broken link)
Sure, they can and will go lower. Look for a graph of house prices over time and you will find that the recent bubble was way out of line. It will take even lower prices to get back to the historical trend.

If a home owner really wants/needs to sell, then that owner has to get ahead of the falling home prices. What I see in the Tampa area MLS (we are looking in the Riverview and Sun City Central areas) is that sellers are unwilling to set a price that will sell. They slowly lower their asking price but they never catch up with the declining home prices.
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Old 04-13-2009, 09:48 PM
 
Location: Tampa, FL
27,798 posts, read 26,110,720 times
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good news for future home owners (like myself) - just can't seem to find quality like elsewhere in the USA - personally, the home styles in FLA aren't very desireable - guess I'm looking at the wrong subdivisions.
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Old 04-14-2009, 08:59 AM
 
5 posts, read 19,799 times
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We found some good homes in St. Petersburg area but we are a little worry about it. It seems like the builder went out of business and that neighborhood just have 4 homes. We don't know how "great" is that deal.

Maybe you can check out also Wesley Chapel area, it has some "Florida homes" style, with palm trees , slide doors and open floor plans.

Wich neighborhoods are you looking at BUCFAN?
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Old 04-14-2009, 10:29 AM
 
Location: Tampa, FL
27,798 posts, read 26,110,720 times
Reputation: 14611
Down in Riverview there are several subdivisions near 301/Summerfield. Also Parish/Palmetto near the Skyway Bridge area between Ruskin/Bradenton. Or Trinity/Odessa. I also have been watching a few condos on Harbour Island.
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