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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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Recently, we appeared on a local Tampa news station to discuss our wild housing market. We have a clip from that appearance for you today, and we hope you enjoy it!

If you’ve been looking to buy a home anytime since the beginning of the pandemic, then you know just how crazy our market can be. Multiple-offer situations have become the norm, and it’s leaving a lot of buyers understandably frustrated. As agents, this market hasn’t been any easier; we’ve never seen anything like this, so we’ve had to rely on experience instead of conventional wisdom. 

So far, we’ve survived the pandemic by drawing a clear line in the sand between personal time and work time. Since we’re spending more time working from home, it’s important to set an example that when it’s time to work, we need to work hard. At the same time, this market can be stressful, so we need to relax and enjoy the time we have together. 

“Now may be the time for buyers to hop back into the market.”

If you are a frustrated buyer, the good news is that things may be changing. In June, homes were receiving up to 30 offers; now, that number is closer to four or five. We’ve even seen home values decrease slightly from their peak. 

Does this mean we’re going to crash? We don’t think so. Some people are taking Zillow leaving the buyer’s market as a bad sign, but we don’t think there’s anything to worry about. Instead, this may be the time for buyers sitting on the sidelines to hop back into the market. 

If you have questions about this topic or anything else, please call or email us. We are always willing to help! 

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