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By Joe Kipping

Top Realtor Joseph Kipping’s more than 18 years of professional experience in the real estate, banking, and mortgage industries makes him uniquely knowledgeable in all facets of buying and selling properties. His experience in the mortgage industry working with Lendingtree.com clients served as the foundation for his true passion – serving his clients and community as a full-time Realtor. This dedication to his Tampa Bay clients has enabled Joe to sell more than 1,200+ homes in the Tampa Bay area since 2008. Referrals from past clients and repeat business have driven much of Joe’s success because his clients know that they will never see high-pressure sales tactics, marketing gimmicks or any unprofessional practices.

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I’ve been receiving a ton of questions about the market, how it’s doing, and what might happen in the future. Values are going up, and homes are still selling at a rapid pace, but there are a few indicators that show things are slowing down a little bit in real estate. 

I found this article from FloridaRealtors.com that has a lot of great data and information about the interesting pricing trends we’ve been seeing, and I’m breaking it down for you today by offering my own expertise.

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Cited below for your convenience are timestamps that will direct you to various points in the video. Feel free to watch the full message, or use these timestamps to browse specific topics at your leisure:

1:40—Why we’re starting to see more and more price reductions in Tampa

3:00—25% of sellers are putting their home on the market just to see how much they can make

3:35—Why pricing is vitally important in this kind of real estate market

3:55—A visual breakdown of the 422 price reductions in our area over the last seven days

4:50—How this market is helping move-up and downsizing buyers

5:25—Wrapping things up

If you have  questions about what we covered in today’s video or anything else related to real estate, don’t hesitate to reach out via phone or email today. We would love to hear from you.

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