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Unique Buying and Selling Opportunities Exist During the Pandemic

We're tracking the key leading metrics of the market so we can help guide our clients into the move that makes the most sense for them.  Whether you're buying or selling, there are unique and nuanced opportunities that exist today that won't be around when we finally get through this.  Inventory levels, interest rates, and still strong contract activity lend well to selling opportunities.  Interest rates, market sentiment, decreasing demand, and increasing uncertainty present solid buying opportunities.  Want to know more?  Let's chat about how you can win in this highly unique market!

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39,951

New sales contracts since 3/13

3.05%

30 year fixed rate mortgage today

30,292

New listings since 3/13

7254

Fewer homes on the market than on 3/13

Trends that the market is setting every day

We're tracking  five leading metrics every day in the combined market of Hillsborough and Pinellas Counties that will have the biggest impact of home prices in the future.  The two most vital are in the chart on the right.

1. Blue line is new sales contracts

2. Red line is new home listings


Until the red line catches up to and/or surpasses the blue line, we will remain in one of the most (if not THE most) extreme seller's market in history.

How have showings on listings been impacted in Florida?

Check out the data from our partner Showingtime, who through the multiple listing system, tracks all showings on listings and compares year-over-year data.

Cash Offer with No Showings!

Want to know the safest way to sell your home during the pandemic?  Get a cash offer with ZERO showings!  RG Offers (powered by Keller Offers) can bring you a cash offer in 24-48 hours without bringing buyers into your home!  While most i-buyer programs have suspended purchases (Zillow, Open Door, Redfin, etc.), RG Offers is still buying homes! 

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Tampa Bay Real Estate Market Update Covid Edition

Episode 30 - Watching for soft spots in an otherwise strong market


Tampa Bay Real Estate Market Update Covid Edition

Episode 29 - Will the most extreme seller's market in history taper off, or smack into a wall?

Tampa Bay Real Estate Market Update Covid Edition

Episode 28 - is the supply and demand relationship changing?  What's the deal with forbearance and its effect on the real estate market?

Tampa Bay Real Estate Market Update Covid Edition

Episode 27 - Contracts fall to lowest level since early May

Tampa Bay Real Estate Market Update Covid Edition

Episode 26 - Contracts rebound, and the extreme seller's market rages on....but for how long?

Tampa Bay Real Estate Market Update Covid Edition

Episode 25 - Contracts fell to their lowest weekly level since mid-May

Tampa Bay Real Estate Market Update Covid Edition

Episode 24 - Special Fourth of July edition

Tampa Bay Real Estate Market Update Covid Edition

Episode 23- A message to our friends about the overall Covid real estate market.

Tampa Bay Real Estate Market Update Covid Edition

Episode 22 - Evidence that the market may be softening (more listings AND less contracts for the first time since we've been tracking).


Tampa Bay Real Estate Market Update Covid Edition

Episode 21 - some indicators pointing to where buyer and seller confidence may be heading.  That, plus a cute baby.  Happy Father's Day!

Watch Episodes 1-20 here

More stats, more babies from when we started tracking daily metrics on 3/13/20.

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What every seller needs to know about Virtual Showings

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