DO NOT BUY NOW!!

If you WANT to miss out on Great Real Estate Values, DO NOT BUY NOW. If you want to cash in on excellent values, NOW IS THE TIME TO BUY! This past week I received three contracts on listings that I have. One closed on Friday, cash, $90,000 below original listing price! These are NOT SHORT SALES nor FORECLOSURES. Everyone is talking about Short Sales and Foreclosures. What you do not hear is that Short and Foreclosures can take up to 6 months to obtain an approval. Multiple offers are taken on both, so you are not certain if you will even get the property. My cash deal this week had been waiting 3 months to get a response to their offer. Fed up, they made an offer on my listing and closed. There are excellent values out there to be had. Along with great rates, smart investors are out in the market buying. If you would like to make a move, give me a call.

$164,000.00 1505 E TESSIER DRIVE TARPON SPRINGS, FL 34689 Beds: 3.0 Rooms: 0 Baths: 0 Sq. Ft.: 1214.00 Garage: 1.0 Built: 1990   THIS COULD BE THE ONE! PRIVACY ON A ONE-WAY STREET YET CLOSE TO SCHOOLS & ALL ACTIVITIES OF HOWARD PARK THAT INCLUDE FISHING, SWIMMING, & BIKING. ENJOY BEING LOCATED CLOSE TO DOWNTOWN TARPON SPRINGS NEAR THE SPONGE DOCKS, SHOPPING, AND GREAT DINING. THIS LIGHT & BRIGHT HOME IS PRE-WIRED FOR A SECURITY SYSTEM AND HAS ALL NEWER APPLIANCES. OPEN, SPLIT BEDROOM, MARBLE SILLS ON ALL WINDOWS. A CORNERED FIREPLACE, SKYLIGHTS, BAY WINDOWS, & PLANTER SHELVES GIVE THE GREAT ROOM AN ARCHITECTURALLY DESIGNE This is a new listing that I thought you might be interested in. Visit this listing online to see more photos of the property, Google Earth satellite images, and much more.   If you have any questions about this property or require more information, please feel free to call. Robert McCaffery Century 21 East Lake Realty & Leasing 727 784 6040 www.forsalewithbob.com     Visit this listing at Here

$449,013.00 460 CYPRESS CREEK CIR OLDSMAR, FL 34677 Beds: 3.0 Rooms: 0 Baths: 0 Sq. Ft.: 2890.00 Garage: 2.0 Built: 1987   WOW FACTOR! THIS 3 BEDROOM, 2 1/2 BATH MODEL HOME ON EAST LAKE GOLF COURSE HAS IT ALL. A GRAND ENTRANCE LEADS YOU INTO THE GREAT ROOM THAT IS A STYLISH LIVING AREA WITH BEAUTIFUL CERAMIC TILE AND BUILT-INS. EAT-IN KITCHEN HAS BEEN REMODELED AND INCLUDES CERAMIC TILE FLOORS, SLATE LOOK TILED COUNTERTOPS, BUILT-IN DESK AREA, AND PLENTY OF CABINET SPACE WITH BUILT-IN STORAGE UNITS. PRIVATE DINING ROOM OFF THE LIVING ROOM COULD ALSO BE USED AS A DEN OR BEDROOM. THIS SPLIT BEDROOM FLOOR PLAN OFFERS 2 This is a new listing that I thought you might be interested in. Visit this listing online to see more photos of the property, Google Earth satellite images, and much more.   If you have any questions about this property or require more information, please feel free to call. Robert McCaffery Century 21 East Lake Realty & Leasing 727 784 6040 www.forsalewithbob.com     Visit this listing at Here

$262,761.00 305 WOODS LANDING TRL OLDSMAR, FL 34677 Beds: 3.0 Rooms: 0 Baths: 0 Sq. Ft.: 1650.00 Garage: 1.0 Built: 1984   PRICE REDUCTION OVER $12,000 ON ALREADY OUTSTANDING BUY! WORTHY OF YOUR ATTENTION: CUSTOMIZED HOME WITH DECORATOR TOUCHES THROUGHOUT. $50,000 RECENT REMODEL. SPACIOUS 12X17 KITCHEN WITH CUSTOM CABINETS, COUNTERS AND DESIGNER TILE FLOOR, OPENS TO PLANT-FILLED PATIO. OPEN PASS-THROUGH TO LIVING ROOM. TILED FLORIDA ROOM WITH DOUBLE PANE, WRAP-AROUND WINDOWS. BERBER CARPET. REBUILT MASTER BATHROOM SHOWER. NEW AIR CONDITIONER. PREMIUM LOCATION. MANY MORE CUSTOM DESIGNS AND EXTRAS. PRIME/PRIVATE LOCA This is a new listing that I thought you might be interested in. Visit this listing online to see more photos of the property, Google Earth satellite images, and much more.   If you have any questions about this property or require more information, please feel free to call. Robert McCaffery Century 21 East Lake Realty & Leasing 727 784 6040 www.forsalewithbob.com     Visit this listing at Here

$189,761.00 954 WILLOWOOD LN DUNEDIN, FL 34698 Beds: 3.0 Rooms: 0 Baths: 0 Sq. Ft.: 1347.00 Garage: 1.0 Built: 1982   PRICE REDUCTION BRING OFFERS. THIS GREAT 3 BEDROOM, 2 BATH, 1.5 CAR ATTACHED GARAGE HOME FEATURES CATHEDRAL CEILINGS, SEVEN DOOR WALLS LEADING TO 3 SEPARATE OUTDOOR SPACES, A WOOD BURNING FIREPLACE IN THE LIVING ROOM, NEUTRAL COLORS, AND NEWER CARPET. $75 MONTHLY MAINTENANCE FEE COVERS ESCROW RESERVES, CABLE, LAWN, SPRINKLERS, TENNIS COURT, COMMUNITY POOL, AND COMMON AREAS. GREAT LOCATION NEAR THE NEW MIDDLE SCHOOL. A MUST SEE! This is a new listing that I thought you might be interested in. Visit this listing online to see more photos of the property, Google Earth satellite images, and much more.   If you have any questions about this property or require more information, please feel free to call. Robert McCaffery Century 21 East Lake Realty & Leasing 727 784 6040 www.forsalewithbob.com     Visit this listing at Here

$565,000.00 130 W FOXFIRE LN OLDSMAR, FL 34677 Beds: 4.0 Rooms: 0 Baths: 0 Sq. Ft.: 2662.00 Garage: 3.0 Built: 1984   ENJOY PRIVACY AND PRESTIGE IN THIS SPACIOUS 4 BEDROOM, 3 FULL BATH EAST LAKE WOODLANDS HOME. AMENITIES INCLUDE A NATURAL FIREPLACE, CERAMIC TILE, CATHEDRAL CEILINGS, SPLIT FLOOR PLAN, MASTER BATH WITH SHOWER AND WHIRLPOOL TUB,UPDATED KITCHEN CABINETS, STAINLESS STEEL APPLIANCES, 3 CAR GARAGE,NEWER WINDOWS THRU OUT, CANAL AND PRESERVE FRONTAGE, PULL DOWN STAIRS WITH ADDED ATIC STORAGE. THIS HOME IS ONE OF A KIND AND REFLECTS PRIDE OF OWNERSHIP! This is a new listing that I thought you might be interested in. Visit this listing online to see more photos of the property, Google Earth satellite images, and much more.   If you have any questions about this property or require more information, please feel free to call. Robert McCaffery Century 21 East Lake Realty & Leasing 727 784 6040 www.forsalewithbob.com     Visit this listing at Here

It really is a great time to buy a home. Inventory levels are high and interest rates are still low. The stock market has been having some good runs. It is a good time to take some of those gains and put them into something that will give you some long term growth. As the ageless saying goes, buy low, sell high. Real Estate appears to be at an all time low in Florida. Where else do you get over 300 days of sunshine a year? Thinking of buying a second home or even your primary home, give Ernie or Bob a call, we can help you find your dream home or winter get away. Let us know how your Real Estate experience is going, post a comment on our Blog.

Has the Real Estate Market in the Tampa Bay area finally hit bottom? That is the question many in real estate sales, investors and home owners want to know. An article in "The Funds" earlier this year stated "As the 2007 Real Estate Index Forecast report indicates, Florida's housing market bottomed out in 2006 across most of the state, stated Fishkind". The market has remained flat for the most part of this year, but the signs for those that have been in the business for many years, are starting to indicate things are opening up. Phones are beginning to ring, home owners who have grown weary of having their homes on the market have reduced their prices, inventory levels are starting to go down and even some agents are reporting multiple offers on their properties. Interest Rates are still relatively low, the state property tax issues should be resolved soon and buyers are starting to make the move. Our office this month has a 79% sales ratio to listings. If you are thinking of making a move, now looks like the most opportune time. What are your thoughts?

How low will prices go? That is the million dollar question. There are great buys out there right now if you look! I just came across a brand new 1200 square foot home listed at $189,900.00 where the builder will take $165,000.00! My associate just sold a home 10% below asking price even after the home had just been reduced by 15%, total reduction from asking price, 25%. Many sellers have had their homes on the market for a very long time and those that truly want to sell will negotiate. Will prices go lower, perhaps, but they could also go up. Interest rates are very attractive and inventory levels are high, it is an outstanding Buyer's Market. Some customers are telling me that they want to wait till the Florida State Homestead tax issue is resolved along with the Home Owner's Insurance concerns. My response is that will be too late! No risk, no gain is the saying. When the major issues that are currently creating this buyer's market are resolved, the market will stabilize and start to shift. My advise is start looking now and purchase your first, move up, retirement or investment property. Timing could not be better! What are your thoughts or experiences in purchasing properties in today's market?