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We are posting this information as a courtesy to some people who have asked me to provide them with this data.

For the period of June 1, 2009 to June 17, 2009 in Tarpon Springs, Florida 19 properties were sold. The listing prices ranged from $68,908 to $899,000 while the sales prices ranged from $61,000 to $870,000. Other statistics are as follows:

Average:

• 3 bedrooms, 2 bathrooms    1,882 heated square feet
• Listing price: $230,142
• Sale price: $215,484
• Sale Price to Listing Price Ratio: 93%

Median:

• 3 bedrooms, 2 bathrooms    1,687 heated square feet
• Listing price: $160,000
• Sale price: $153,750
• Sale Price to Listing Price Ratio: 95%

* Information acquired from GTAR, PSAR & WPBR data.

* Information is believed to be accurate but should not be relied upon without verification.

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We are not surprised that in a recent survey first-time home buyers are optimistic considering affordable housing prices and a decreasing 30-year fixed mortgage rate make for an ideal time to buy.

More than three-quarters (78%) of potential first-time home buyers say that now is a good time to buy a home, despite widespread concern about the economy. Out of the 1,000 prospective U.S. first-time home buyers surveyed in early March for the CENTURY 21 First-Time Home Buyer Survey, 68% think now is a better time to buy than six months ago.

You can read it for yourself here:

http://www.businesswire.com/portal/site/google/?ndmViewId=news_view&newsId=20090326005100&newsLang=en

This shows us that these first-time home buyers who were surveyed online (note their methodology on the bottom of the statistics) are noting significant factors that make this an ideal time to buy. In our experience this is typical. When the housing market “corrects” it is typically an advantage to first-time home buyers like how it is now.

So if you are looking to buy you may want to consider buying during this housing market correction.

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Welcome to the  Tampa Bay Home Buyer Team website.

If you are looking to buy a home or property or properties in the Tampa Bay Florida area then stay tuned for more home buying data that will help you in the home buying process.

We will be writing about the latest technology, statistics, listings, mortgage rates, etc so stay tuned for more information.