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The Tampa Bay real estate market was predicted by Money Magazine in a recent article to be one of the strongest in the United States in the following year. Additionally, with strong population and economic growth and a fabulous climate, Tampa Bay is a wonderful place to live. This prediction is consistent with a recent survey conducted by Fiserv Lending Solutions, which forecast a 2.8% rise in housing prices in the Tampa Bay real estate market in 2006. Florida as a whole is enjoying a rise in real estate property prices, which promises to be a long term trend. There are many reasons for this. Demand for real estate in Florida is increasing, most notably in its residential and commercial real estate markets. Homes are being bought for a variety of reasons. European and American holiday makers see Florida as an ultimate summer holiday location. People flock to the area each summer.

The growth in visitors is due to Florida's many attractions, many of which are around Tampa Bay. And, if anything, this yearly influx is set to boost again as the Super Bowl comes to Tampa in 2009. This will be the fourth Super Bowl to be held in Tampa. This has been proven to have a dramatic effect on the area's prosperity.

The increasing economic prosperity also makes Florida in general and Tampa Bay in particular a good place to seek employment or start a business. In 2004, Florida was ranked second as one of the best places in the United States for those who are starting start up businesses. More and more existing companies are also repositioning their headquarters to Tampa because these companies are being offered a matching grant program that has generated more than $120 million in applied research. More than 200 companies so far have taken advantage of this offer.

Tampa Bay real estate market also enjoys the advantage of having slightly more favorable property taxes compared with other parts of the United States. In Tampa Bay, and the rest of Florida, there is no state income tax and car insurance rates are more favorable. The education system has undergone considerable improvement over the past number of years. Moreover, the Tampa Bay area offers some of the best modes to commute to work.

Tampa Bay is arguably the ideal place not just for the baby boomer buying a second house, nor just for the property investors seeking to increase their footprint in the holiday rental market, but also for people starting out in life or those seeking a retirement home. In short, Tampa Bay as an area for either relocation, investment or a second home is currently one of the most attractive in the United States and likely to remain so for years to come. Due to the recent economic pressure on the entire country there might be a slight slow down in terms of escalating appreciation but Tampa Bay real estate remains a great venue to invest in because Tampa Bay is right at the heart of the potential growth areas in Florida.

The future of Tampa Bay real estate market is looking bright. As long as it maintains the enticing opportunities that it now provides, Tampa Bay is guaranteed to be a strong real estate market as predicted by Money Magazine and Fiserv Lending Solutions. This is self-fulfilling prophecy that rightfully deserves substantiation

Tampa Future is Brighter

Outlook of Tampa Bay's Real Estate Market-Tampa, Fl

Tampa Bay having a growing economy and great climate, is really a wondrous haven to live in. Money magazine predicted that Tampa Bay real estate market will be one of the toughest in the US in the next years to come.

Even Fiserv Lending Solutions has the same prediction; in the recent survey it actually forecast a 2.8% growth in the housing prices in the Tampa Bay real estate market in 2006. Florida is jumping with the rise of real estate property prices. The increasing demand of the real estate properties that are most remarkable are its residential and commercial real estate markets.

There are array of reasons why the homes are being bought. Holiday makers like the European and American, actually finds Florida as the greatest summer holiday site. So usually heaps of people gather to the place every summer. Florida has a lot of attractions to offer and a lot of it is in Tampa Bay, that’s why masses of visitors and tourists are fond of visiting the place.

Because of the speeding growth of Tampa, Super Bowl will come here in 2009, which is actually the fourth Super Bowl held in Tampa. This has verified to have dramatic effect on Tampa’s success.

Since Florida and Tampa in particular has gained a growing economy, it now becomes a good place for business and employment. Florida was ranked as the second best locations in the US for those who started a businesses. A lot of companies are being offered a corresponding grant program that has produced over $120 million in applied research, that’s why greater numbers of companies are relocating their businesses in Tampa. About 200 companies now are enjoying the benefits of the offer.

In comparison with the other parts of the US, Tampa Bay real estate market enjoying the benefits of having more flattering property taxes. There are no state income taxes and have more reasonably car insurance rates in Tampa Bay and at the rest of Florida. The Tampa Bay area even offers the greatest mode of travel to work. And at the recent years, the education system has been improving.

Tampa Bay is not only for those who wanted to have a second house, or for those who wanted to just enjoy the view of the beauty of Tampa Bay, or for those who wanted to increase their rental market but also for those who wanted to start up their lives or those who are in search for their retirement homes.

To sum up, Tampa Bay is an area for repositioning, investment, a second home; it is indeed one of the most striking places in the US. And will still be for the other years to come… Tampa Bay real estate market’s future is brighter and shinier. Tampa Bay is certainly to be a tough real estate market, as long as it will remain the alluring opportunities that it has to offer.

BUY A HOME

There has never been a better time to be buying a home! The strong Buyers' Market promises great values for those home buyers who are ready to buy now. If you are thinking of buying, I can email listings complete with photos and virtual tours and represent you as a Buyer's Agent. If you have selling in mind, it is critical to know your competition and keep up with nearby sales. Even in this market, many sellers do not know what their home is worth.

FOCUS ON THE BUYER

Work on your behalf to streamline your home search, first expanding your choices, then helping you narrow the field. Research "comparable" properties to determine a fair price and terms. Prepare your Purchase Agreement and accompanying legal documents. Negotiate for the price, terms and conditions that are agreeable to you. Follow-up with your mortgage lender, the title company, the seller's agent and others until the house is yours.

FOCUS ON YOU

I'm committed to serving my clients. I work toward one goal - to make sure you're pleased with your home. I can provide a complete lineup of in-house services, from contract right through closing. It's top-flight professionalism at every step, on everything you need, including:

Recomendations

Here's what some of my clients have to say about their Real Living experience
"Michal is a refreshingly honest, dedicated and innovative professional with whom I have had the pleasure to work. She is tireless in her devotion to her clients – and they quickly take her into confidence due to her empathetic manner and caring actions. She is thoroughly successful as a result of her people first mentality and I most highly recommend her for rare true grasp of the “big picture” of client satisfaction and retention." Victoria Smabon-Heath

"We have had a very enjoyable real estate experience with Michal Rhodus. When we first started working with Michal, she offered a lot of suggestions based on her vast current real estate knowledge to help us narrow our search. She listened to us so that she could match our needs and wants. She was very diligent and persistent in finding many properties for us to visit. Even though we looked at many advertisements and researched some properties independent of Michal, we decided to purchase a property that Michal found for us. Michal spent a lot of time with us and we appreciate all of her efforts. We are very happy and excited about our new purchase."
Ike and Lora Eikelberner

"Michal Rhodus is a shining needle in a haystack of realtors. Her keen market knowledge and commitment to her clients make Michal a pleasure to work with. She sold our first property quickly and is currently working on the second. Michal's positive attitude is infectious, and she possesses an overwhelming desire to help the people she works with. Michal continually provides market updates, while exhibiting a realistic approach. She makes herself readily available and communicates frequently. I feel fortunate to have connected with such a complete professional, and I am confident my properties could not be in better hands. Michal Rhodus is in a class of her own."

Chris Caruso

"Michal, We really appreciated all your hard work, but more importantly you integrity in handling the sale of our condo. You always tried to keep us informed and realistic about our expectations. Thank you for everything!"

Barb & Rick Mastriana

FOCUS ON THE SELLER

Help establish a reasonable selling price for your home within its fair market value. Market your home through the Multiple Listing Service (MLS). Counsel you on the visual presentation of your property and suggest ways to enhance its marketability. Coordinate the advertising of your home using Real Living/HER's industry-leading marketing technologies. Pre-qualify buyers when possible. Coordinate the details of your closing with all parties involved.

REALTOR ON THE RISE

Michal Rhodus was honored with the recognition of one of the top 50 of the Industry's up-and-coming agents. Over the past five years, the real estate industry has seen many things: the best market ever; a progression to a more balanced, more competitive market; and a rush of newbies greater than anyone's seen before. To that end, this year's crop of Realtors on the Rise winners reflects a sizeable showing of quality agents who have entered the market within the past five years. From their impressive sales figures, to their innovative marketing strategies, to their community involvement, Real Estate magazine's editors have chosen 50 Realtors on the Rise, selected from hundreds of candidates. We congratulate this year's winners on stepping up, pushing forward and committing to the real estate marketplace.

Florida Real Estate

The Florida Association of Realtors(R) (FAR) applauds Florida lawmakers and Gov. Charlie Crist for taking an important first step toward crucial property tax reform in passing legislation during the June special session.

The Florida Legislature passed a two-phased property tax reform package that begins to make fundamental changes to the state's tax system and affects every property owner in Florida. Under the plan, local governments will be limited in the amount of property tax revenue they can raise and must further cut the coming year's budget based on their past history of taxation. However, the reform package still allows local governments to exceed those levies by extraordinary votes. The legislation also provides for an overall revenue cap limiting what governments can collect from property taxes, which should protect everyone, including commercial and rental housing, from big property tax increases from year-to-year.

Lawmakers also approved a proposed constitutional amendment to address inequities under the state's Save Our Homes amendment, which voters will consider when they go to the polls for the state's presidential preference primary on Jan. 29, 2008. The amendment would allow current homesteaders to choose between continuing their current system or going with a new "super- homestead" exemption that would take up to $195,000 off their home's taxable value, according to John Sebree, FAR vice president of public policy. For about 73 percent of Floridians, the new super-homestead will offer them a better deal, he says.

"We look at this plan as the starting point for tax reform negotiations - not the finish line," says FAR President Nancy Riley. "Concerned Floridians have been fighting hard for housing relief for teachers, nurses, police officers and emergency first responders. The new super-homestead exemption would most benefit the people who are the strong foundation of our communities and who, at the very least, should be able to afford to live in the communities we expect them to serve."

Sebree adds, "FAR supports this proposed amendment because it will address the lock-in effect of Save Our Homes and offer first-time homebuyers a large exemption, promoting homeownership. If passed, it will begin to reverse the harmful, unfair effects of SOH, where next-door neighbors pay drastically different property taxes simply based on when they bought their homes."

The amendment helps small businesses by exempting $25,000 in tangible personal property taxes. It also gives the Legislature the authority to address assessment issues realized during the recent real estate boom on the state's working waterfront areas and affordable housing needs.

"Realtors will be fighting hard for the passage of the constitutional amendment to insure Florida's economy stays strong," Riley says. "Real estate sales are the fuel to recharge our state and decreased taxes are the spark needed to keep the economic fires burning bright."