View our current inventory at Harbour Isles, Apollo Beach

http://www.suarezhousing.com/?property_location=harbour-isles

This morning’s Tampa Tribune headline article reads, “Housing uptick on horizon”.  Moody’s Chris Lafakis says that the housing inventory in the Tampa Bay area is dwindling  and now house prices are too cheap compared to peoples incomes.  He predicts that house prices will bottom later this year around $127,110.

The stock market logs its highest close since May 2008 at the Dow 12,862 mark yesterday.  The rally has been prompted by good economic data out this week.

The nation’s rate of unemployment declined to 8.3%, fostered by another decline in the labor force as well as annual revisions to how the figures are calculated. Whatever the reason, that more folks have found jobs and fewer are without them is good news and raises the prospects for continued growth in 2012.

Mortgage rates continue to stay near all-time lows as quantitative easing by the Fed and low inflation continues to keep bond yields down.  As good economic reports continue though, we could see a small tick up in rates in the next few weeks.

View Current Inventory:  http://www.suarezhousing.com/?property_location=harbour-isles

Low and stable mortgage rates and a modestly improving economy are starting to produce positive effects on the nation’s housing market. While starting from extraordinarily low levels, there have been accumulating signs of improvement for months. If the economy can continue to nudge forward for a while longer without some new or already-known catastrophe to derail it, we just might have ourselves a housing market worth talking about when Spring rolls around.

Are we really on a path to housing recovery, finally? Yes. By no means yet at a breakeven level, let alone healthy, the indicator of builder sentiment from the National Association of Homebuilders continues to rise. The reading of 25 for January was about half the neutral level of 50, but almost double the 13 seen as recently as June. In fact, the overall reading was the highest in four years. Sales of single-family homes, traffic in showrooms and sales offices and expectations for sales over the next six months are all on the rise. Even if there is a long way to go, that we are moving in the right direction is a welcome sign of recovery.

Starts of new homes were down by 4.1% in December, but that minor dip does not derail an almost steady upturn in residential construction which began in March 2011. The 657,000 rate of initiation was off of November’s pace, but permits for future activity were almost level, and starts of single-family homes continue to ratchet higher; at 470,000 annualized, this would be counted among the highest annualized rates seen over the past couple of years.

Sales of existing homes are bouncing higher, too. The National Association of Realtors reported a 5% rise in sales in December, with the total landing at a 4.61 million (annualized) rate of sale for the month. It was the strongest annualized figure since early 2011. Inventory levels shrank back to 6.2 months of available stock, but it was noted that this was die to a decline in listings rather than an upsurge in actual sales. More inventory is expected to come on the market as foreclosure activity — stalled for a portion of 2011 — begins to again come back up to speed.

Inventories may have leaned out as potential homesellers decide to wait for better conditions in the form of firming prices and greater traffic levels before re-listing their homes for sale. Others may have hoped to sell as their personal economic conditions deteriorated, but may have seen improvements or even obtained loan modifications or refinances which provided sufficient breathing room to allow them to remain for a while longer. Whatever the case, slimmer inventories may eventually support prices, but for the moment, that’s not been the case, as prices are still easing (albeit at a slower pace that earlier in 2011).

View current inventory:  http://www.suarezhousing.com/?property_location=harbour-isles

http://www.suarezhousing.com/harbour-isles

http://www.suarezhousing.com/?property_location=harbour-isles

Suarez Homes is “Now Selling” new homes in the established neighborhood of Harbour Isles. Desirably located in Apollo Beach, Harbour Isles keeps you close to great shopping, waterfront dining, excellent schools, and beautiful beaches. Only minutes away from downtown Tampa, Mac Dill Air Force Base, Channelside, and Bayshore, you are surrounded by all the wonderful attractions of the Tampa Bay area.

Residents enjoy all the luxuries of a Florida lifestyle defined by a quiet coastal environment.  Noted for its lush landscapes, ponds, and natural conservation views, this neighborhood also offers fabulous amenities including a resort style swimming pool with toddler pool, covered playground, clubhouse, fitness center, basketball courts, sand volleyball, fishing docks, secured boat storage, and miles of walking trails.

The Florida lifestyle awaits you in your new Suarez Housing home at Harbour Isles.  Even the palms wave hello.