Orlando & Tampa Bay Home Foreclosures

The housing crisis is over! The housing crisis is over! This is the great news we are hearing from just about every possible source. We are being inundated with emails from home builders, the National Association of Realtors, as well as our Orlando and Tampa Bay area Boards of Realtors all saying that strong indications are showing that prices have hit rock bottom and the housing crisis is over. In the state of Florida alone last month, the statistics show that we had a 20 percent increase in sales over the previous month.

In the latest National Association of Realtors® (NAR) housing outlook, Chief Economist Lawrence Yun predicts that home sales and prices throughout most of the nation will improve in the second half of the year, especially if access to mortgages backed by the Federal Housing Administration, Fannie Mae or Freddie Mac increases. "There are many reasons for people to get into the housing market today, and very few reasons not to," Yun says. "With the plentiful supply of homes for sale at affordable prices, interest rates approaching 40-year lows, and the strong track record of housing as a good long-term investment, conditions are ripe for buyers."

The Orlando and Tampa real estate market activity has picked up considerably. We are receiving more and more inquiries each week from prospective buyers. If you are looking for a foreclosure, short sale or a bank owned property now is the time to buy! Prices are now at all time lows, but will soon be on the rise again, so don't delay. If you have the time and patience to wait for the bank to respond to your offer, then a foreclosure, short sale or bank owned property could be a great investment for you.

We still have a considerable number of foreclosures on the market and many are becoming short sales. The properties already owned by banks are abundant as well. There are unprecedented savings to be had on homes in the market today. If you are currently considering buying a home in the Central Florida, Orlando or Tampa Bay real estate market, please contact us and let us help you find a great property at an awesome price.

The links below will help you narrow down your search by providing you with specific price ranges for your search. Should you have any questions or need any assistance, please contact us either by email or call us toll free. We are here to assist you in any way that we can and our Buyer's Agent services are always FREE!