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Florida had been called the epicenter of the housing crisis because they had an abundance of vacant houses, both brand-new and formerly occupied.  However, today the state is bouncing back as investors and new homebuyers are taking advantage of the low interest rates and the plentiful choices of houses.

Tampa new homes, such as the Seven Oaks Florida new housing community, has lots to offer new homebuyers or investors who want to buy property for summer rentals or year-round rental property to make a profit.  Interest rates are at an all-time low and this is very attractive to both investors and families who want to purchase and live in the Florida area.

First-time home buyers are taking advantage of the government’s $8,000 tax credit for first-time home buyers.  And the government is pretty liberal with their definition of a first-time home buyer because they consider anyone who has not had an interest ownership in a home for the last three years a qualified new home buyer. This would mean a person who owned a home previously and either had it foreclosed or sold it and then lived in an apartment or with someone else for the past three years or more, would qualify as a new home buyer.

Investors are interested in Tampa new homes because they are close to tourist attractions such as shopping, premier golf courses and beautiful sandy beaches.  Even in this downward economy, tourism is still the number one industry in Florida because people like to get away from their everyday lives to rejuvenate and refresh themselves.  Even the staunchest economists are saying that Florida will always have a way to overcome a recession due to the tourist industry.         

There are hundreds of people who move to Florida each year because of the year-round warm weather.  They work in the tourist industry at the hotels or as a tour guide at the amusement parks or in one of the many magnificent restaurants.  Many of these people need a place to live and decide to rent close to the beach, helping both the Florida economy and the people who invested in the properties near the beach.