Here's my 2018 housing Market prediction for Tampa, Florida. I go over 2 very strong reasons in my housing market prediction.
Transcript
Hi everyone. This is your Tampa Bay Realtor Lance Mohr. In this video, I want to do a prediction for the 2018 Tampa housing market.
If you have been following my channel over the years, a lot of you know I’m not really into predictions. I don't like to do predictions but I just get asked the question all the time, how do you think the housing markets going to do in the future. How do you think it's going to do for next year? Let me give you a prediction on what I think the 2018 housing market in Tampa is going to be like. I think it's going to be really good and there are two reasons why I say this.
Reason number 1 (Market Statistics) is there's no reason right now to think it's not. If you look at the statistics and you know I do the statistics every single month. If you look at them there's really no dip. It’s continually a seller's market. Prices are just continually going up. Homes are getting sold its real tight. As a matter of fact, we are in the first week of January, I cannot believe how many calls I have gotten from buyers. I have never gotten this many calls in 20 years a real estate from actually buyers and sellers to look for homes or lost their homes. That’s reason number 1.
The second is what I think is really probably the most popular reason and the most known reason for the housing market. Reason number 2 (Consumer Confidence) when consumer confidence is good the housing market is really good. When consumer confidence is bad, the housing market is bad. Right now, consumer confidence is it an all-time high. I have been in business in the real estate business and mortgage and real estate. Actually even before that, when I bought my first home in California at 23. I have always followed the real estate market. I have always studied the real estate market and it’s always heavily gauged on consumer confidence.
So I think it’s going to be a really good year. Of course, there's always you know the unseen things that we don't know what happened in the world but as of right now I think the real estate market is going to be really strong in Tampa. I think it’s going to be really strong throughout the entire United States. It's going to continue to be a seller's market. I hope this helps you. This is just my opinion. I’d be curious to see what your opinions are. If you think it’s going to be a good market, an average market, a bad market, what do you think?
So leave your comments below. If you have any questions for me or if I could help you out don't hesitate to contact me http://www.tampa2enjoy.com/contact-us/ and I wish you a blessed 2018 both to you and your family. Have a wonderful day.
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