blog_913.jpg
Housing Market in Hillsborough County Florida shows signs of Life During a Normal Lull Period
2009-01-16

There are certain times of year that the real estate market either rises or declines. Typically during the spring, the market rises in leaps and bounds and during the time between Halloween and Christmas, the market comes to a standstill, however this year is different. Like so many other financial record breakers witnessed this year, the housing market in the Hillsborough County, Florida area is no different.

According to the Greater Tampa Association of Realtors (GTAR), home sales rose 52% in November of 2009 compared to homes sales in November of 2008. With the high number of cash deals it is believed that even the real estate investors have jumped back into the market in an effort to get in on the low priced foreclosure deals that are available.

The average home sales price in the area is $164,385 and economists believe that home prices are reaching bottom and will not get much lower than they are now. Get in on the deals, before prices begin to rise, deals won't get much better than they are now!

Liked Listings