TAMPA, FL – January 23 -Luxury living may come at a cost, but at Palermo Real Estate Professionals the agents are experts in the sale and purchase of high-end properties in Tampa and its surrounding areas.
The company is gearing up for a busy 2019, with a long list of luxury properties to show prospective buyers who areintent on luxury living.
“We cater to demanding buyers and sellers who expect integrity, dedication and exceptional knowledge from their real estate professionals about the place we call home in South Tampa and Tampa Bay,” said Michael J. Palermo, owner of Palermo Real Estate Professionals.
“Our business is built around service, as our number one priority. Many agents think their most important job is satisfying the customer. We believe that satisfying the customer is the minimum requirement.”
Palermo revealed that from January 1, Tampa presently has four months of inventory for single-family homes under $1M; six months of inventory for homes over $1m, as well as three months and four months of inventory respectively for condos and townhomes in South Tampa.
Palermo expressed that the South Tampa luxury home market in the 1M+ range is beginning the year as a “neutral” market.“This means that it’s neither a buyers’ market nor a sellers’ market.”Mr. Palermo explains.“This is a significant change from October 2018 when that same market segment, with 11 months of inventory, was a buyers’ market.”
“It will be interesting to see if the expected influx of inventory during the spring season shifts the market again,” Palermo speculated. “Interest rates seem to have steadied for the time being, making the prospect of purchasing more appealing to buyers.”
Among the many beautiful properties listed by the company’s agents,is a 4,039 square foot 1924 Mediterranean revival “Ship House” for $1.2 million. It is said to be one of the few remaining historic estates in the Tampa Area.
Mr. Palermo added: “Our professionals give you the customer service you expect, the success you deserve and the dream home you want for you and your family.”
For more information about available listings contact (813)637-0117 or emailinfo@palermolistings.com.
