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Old 06-09-2012, 07:41 PM
 
Location: Tampa, FL
27,798 posts, read 32,463,216 times
Reputation: 14611

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Price of HOA and real estate taxes and insurance for a vacation place really worth it?
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Old 06-09-2012, 09:52 PM
 
Location: The Conterminous United States
22,584 posts, read 54,306,279 times
Reputation: 13615
Quote:
Originally Posted by Angel Calzadilla View Post
Well right now is time to buy Florida. Inventory of properties for sale is shrinking considerably and mortgage interest rate is 3.8% for those with exellent credit, so if you are one of them, Stevenayla, I suggest that you should hire a realtor and start hunting for properties suitable for your criteria and possibilities. Prices are stabilizing and increasing slightly. Buyers market is turning into sellers market in many areas of south Florida.
You are "talking" to someone that started this thread well-over four years ago!

Quote:
Originally Posted by IRDotCom View Post
I've lived in Tampa, Fort Lauderdale and Ft. Myers. Naples is beautiful but expensive, Tampa and Fort Lauderdale traffic is a nightmare. I like areas of Fort Myers. Last night I looked at a Condo...2/2...in the Whiskey Creek area, Wyldewood Lakes. It is 5 minutes from Barbara B. Mann theater and 15 minutes from beach and close to everything. I think a flipper had bought it and took to long to redo it and the market hit bottom. There is a golf course, tennis and pool it was $179,900. and I am probably going to make a outlandish low offer on it.

I looked at one in the Gateway area as well but didn't like the traffic and it seemed out so far, but so far it has been my second choice.

I've looked at about 15 condo's so far and am looking for a deal as I have seen some real steals out there. I told the realtor to look for short sales or
deals only, you might try doing the same.

Good luck...it's fun though isn't it?
Steals....

>snort<

I suppose it is not funny but the condo she was looking at would now go for about $92,000. I sure hope she bought it at a very outlandish price.
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Old 06-13-2012, 05:53 PM
 
Location: Tampa Florida
272 posts, read 607,315 times
Reputation: 229
Quote:
Originally Posted by Angel Calzadilla View Post
Well right now is time to buy Florida. Inventory of properties for sale is shrinking considerably and mortgage interest rate is 3.8% for those with exellent credit, so if you are one of them, Stevenayla, I suggest that you should hire a realtor and start hunting for properties suitable for your criteria and possibilities. Prices are stabilizing and increasing slightly. Buyers market is turning into sellers market in many areas of south Florida.
Equilibrium is returning to the market place in Tampa without a doubt. Many people are under the impression that we are still in a depressed market, which we are not. I have a client who is trying to purchase condos for investment purposes. He is aggressive, realistic, is a cash buyer and offers above list price. We have been outbid on about ten condos so far. Every condo we've bid on was a multiple offer situation (7-9 investors) resulting in a highest and best scenario days later. I'm seeing 105-120% sales to list ratio right now in that market segment. Single family homes (priced correctly) are also moving swiftly and often very close to asking price. Overall inventory is also down and prices have begun to inch up in some areas.
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Old 06-16-2012, 10:20 AM
 
159 posts, read 346,295 times
Reputation: 55
You thought the 2008-2009 prices were low after the crash? Today they are even much lower than right after the crash. Yet the big question nobody is asking is what happens to housing WHEN Europe takes down the global economy, you really think we hit market bottom? How about the financial problems in the usa.. You think that after the election prices will keep improving?

As an in-tune financial follower, I just don't see a lot of positive signs for housing in the near future here.. I will stay a renter for now..
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