Home Buying in Gibsonton>Question Details

Skippys Mom, Other/Just Looking in Ranson, WV

May I inquire why there are so many homes for sale in gibsonton,fl. Is there a flooding problem, sinkhole or mold?

Asked by Skippys Mom, Ranson, WV Sun Feb 6, 2011

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Alma is right - it is partially due to the fact that Gibsonton was a rural area that was built up in 2005-2006 with lots of new construction at the peak of the market and now has many foreclosures and short sales, and some chinese drywall issues. The other issue is that some parts of Gibsonton (last I checked) where in a high school district that was "D" rated so some families with school aged children have been reluctant to buy there. This may have changed and school ratings are always changing - you can check them at http://www.tamparealestatefinder.com/Tampa-Schools.php
1 vote Thank Flag Link Sun Feb 13, 2011
Majority of home built from 2004-2006 are now short sales, as their value was cut in half with the recession. Major boom in housebuilding and pricing during that period. Many of the homes on the market are short sales, and are in less than desirable condition. When compared to new home sales in the same region, often times the shortsale is half the price. The neighborhoods where the short sales are located are decent, however there are still *Squatters (ie people who do not make any payments) therefore the communities are a bit held back. Overall most every home in Gibsonton meets or exceeds the Florida Building Code of 2001, therefore as an investment opportunity, I think 33534 is a HOME RUN!
0 votes Thank Flag Link Mon Jul 23, 2012
Mother of Skippy, there is a chinese drywall problem, all through that area of Florida. A lot of homes that are hard/expensive to fix.

Read my blog on chinese drywall for more details

http://www.trulia.com/blog/monirmamoun/2010/10/chinese_drywa…
0 votes Thank Flag Link Thu May 5, 2011
Hi Mom,

Gibsonton has many pre-foreclosure, Short Sale properties. Also it's possible there may be some problems with Chinese Drywall with the newer homes.

You're welcome to browse properties on my website without any obligation: http://www.SoldOnTampa.com

All my best,
Alma
Alma Rose Kee, PA
Future Home Realty
813.244.9898
http://www.SoldOnTampa.com
0 votes Thank Flag Link Sun Feb 6, 2011
Hmm!

Maybe Skippy knows the answer! There are many homes for sale throughout FLORIDA.

People are cashing out, upgrading and moving into larger, more expensive digs. Now, oceanfront and waterfront properties are scarce commodities!
The 5M+ market is booming.

WATERWAY REALTY, REALTORS
MIAMI ~ BAL HARBOUR ~ SURFSIDE
0 votes Thank Flag Link Sun Feb 6, 2011
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