SRG Real Estate Solutions

01/16/2024

4015 Bayshore Blvd , Tampa, FL 33611 just hit the market!
Take a look at this awesome space: https://elsierehman.lpthomesearch.com/d8qxe3ev

05/03/2023

Buyer Activity Is Up Despite Higher Mortgage Rates

If you’re a homeowner thinking about making a move, you may wonder if it’s still a good time to sell your house. Here’s the good news. Even with higher mortgage rates, buyer traffic is actually picking up speed.

The first two months of 2023 saw a noticeable increase in buyer traffic. That’s likely because the limited number of homes for sale kept shoppers looking for homes even during colder months. To help tell the story of why the latest ShowingTime report is significant, let’s compare foot traffic this February with each February for the last six years. It shows this was one of the best Februarys for buyer activity we’ve seen in recent memory.

The uptick in buyer traffic is even more noteworthy considering the increase in mortgage rates this February. The Freddie Mac 30-year fixed mortgage rate rose from 6.09% during the week of February...



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If you’re a homeowner thinking about making a move, you may wonder if it’s still a good time to sell your house.

05/02/2023

A Recession Doesn’t Equal a Housing Crisis

Everywhere you look, people are talking about a potential recession. And if you’re planning to buy or sell a house, this may leave you wondering if your plans are still a wise move. To help ease your mind, experts are saying that if we do officially enter a recession, it’ll be mild and short. As the Federal Reserve explained in their March meeting, “. . . the staff’s projection at the time of the March meeting included a mild recession starting later this year, with a recovery over the subsequent two years.”

While a recession may be on the horizon, it won’t be one for the housing market record books like the crash in 2008. What we have to remember is that a recession doesn’t always lead to a housing crisis.

To prove it, let’s look at the historical data of what happened in real estate during previous recessions. That way you know why you shouldn’t b...



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Everywhere you look, people are talking about a potential recession.

05/01/2023

Since inflation is increasing the cost of goods and services, it may make sense to look for an energy-efficient home to help combat rising costs. DM me to learn about the options in our local market that could be what you’re looking for.



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04/28/2023

The number of houses being listed for sale is even lower than it was in the same period in previous years. If you’re thinking about selling, consider making your move this spring while you may have less competition from other sellers. DM me to learn more about why selling now may make sense for you.



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04/27/2023

Why Today's Foreclosure Numbers Are Nothing Like 2008

You’ve likely seen headlines about the number of foreclosures climbing in today’s housing market. That may leave you with a few questions, especially if you’re thinking about buying a house. Understanding what they really mean is mission-critical if you want to know the truth about what’s happening today.

According to a recent report from ATTOM, a property data provider, foreclosure filings are up 6% compared to the previous quarter and 22% since one year ago. As media headlines call attention to this increase, reporting on just the number could actually generate worry and may even make you think twice about buying a home for fear that prices could crash. The reality is, while increasing, the data shows a foreclosure crisis is not where the market is headed.

Let’s look at the latest information with context so we can see how this compare...



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You’ve likely seen headlines about the number of foreclosures climbing in today’s housing market.

04/26/2023

The Three Factors Affecting Home Affordability Today

There’s been a lot of focus on higher mortgage rates and how they’re creating affordability challenges for today’s homebuyers. It’s true that rates climbed dramatically since the record-low we saw during the pandemic. But home affordability is based on more than just mortgage rates – it’s determined by a combination of mortgage rates, home prices, and wages.

Considering how each one of these factors is changing gives you the full picture of home affordability today. Here’s the latest.

>>Mortgage Rates: While mortgage rates are higher than they were a year ago, they’ve hovered primarily between 6% and 7% for nearly eight months now with some volatility during that time. And even a small change in mortgage rates impacts your purchasing power.

>>Home Prices: Over the past few years, home prices appreciated rapidly as the record-low mortgage rates w...



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There’s been a lot of focus on higher mortgage rates and how they’re creating affordability challenges for today’s homebuyers.

04/25/2023

More baby boomers are buying homes right now than any other generation. The main reason why? Because they’re homeowners who have built up equity they can use to power their next move. DM me to figure out how much equity you have and how you can leverage it.



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04/24/2023

Mortgage rates affect how many people want to buy homes. When rates fall, buyer demand rises. To understand the latest about our local housing market, DM me today.



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04/21/2023

Why You May Want an Energy-Efficient Home [INFOGRAPHIC]

Since inflation is increasing the cost of goods and services, it may make sense to look for an energy-efficient home. Energy prices have increased over the last year, so look for energy-efficient features in your home search. If you’re looking to buy a home this year, DM me so you have a partner to help you consider which features are most important to you.



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Since inflation is increasing the cost of goods and services, it may make sense to look for an energy-efficient home.Energy prices have increased over the last year, so look for energy-efficient features in your home search.

04/20/2023

What’s the Difference Between a Home Inspection and an Appraisal?

If you’re planning to buy a home, an inspection is an important step in the process. It assesses the condition of the home before you finalize the transaction. It’s also a different step in the process from an appraisal, which is a professional evaluation of the market value of the home you’d like to buy.

>>Home Inspection

Here’s the key difference between an inspection and an appraisal. Bankrate says, “In short, while an appraisal helps you understand a home’s value, inspections help you understand a home’s condition.” The home inspection is a way to determine the current state, safety, and condition of the home before you finalize the sale. If anything is questionable in the inspection process – like the age of the roof, the state of the HVAC system, or just about anything else – you as a buyer have the option to discuss and...



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If you're planning to buy a home, an inspection is an important step in the process.

04/19/2023

Falling out of Love with Your House? It May Be Time To Move.

Owning a home means having a place that’s solely your own and provides the space, features, and location you and your loved ones need. But what happens when your needs change? If this hits home for you, it may be time to make a move.

According to NAR, the average person has lived in their current house for ten years. If you’ve been in your home for a while, think about how much in your life has changed since you moved in. Even if you thought it would be your forever home when you bought it, it doesn’t have to be. Work with a local real estate agent to explore all your options in today’s market before settling for your current home.

That’s actually what a lot of homeowners are doing right now. A recent survey from Realtor.com finds that, of people who are considering selling in 2023, one in three are thinking about moving because th...



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Owning a home means having a place that’s solely your own and provides the space, features, and location you and your loved ones need.