The Tampa Bay area experienced an 11% price decrease in January from the month of December according to FAR. Although, it was a 3% increase in prices from January 2009. This is attributed to lenders unloading financially distressed properties to clear their books at the end of the year. Financially distressed properties typically sell for lower prices.The increase in calls and showings in the month of February is being attributed to the approaching deadline for the tax credit. For information on the tax credit and how it could help you; watch the video.
Florida Luxury Realty