First Time HomeBuyers in Tampa Bay Most impacted by Rising Interest / Mortgage Rates

 

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Andrew Duncan, Tampa's #1 Realtor and expert gives advice to first time home buyers not to wait as the it becomes more and more challenging to compete in finding a home. With the  interest, mortgage and home values, the lack of inventory for homes in the $100-300k price range, plus competition with investors who are looking for opportunities in the affordable price ranges, it is important that first time home buyers buy now instead of waiting.

He also advised first time home buyers that they should expect to lose out on some homes. Because of the competition, you may see some bidding wars going on in some cases. 








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