Why some Tampa Bay homes sit on the market for years

As nearby properties changed hands, the Odessa house sat unsold through two presidential elections, a recession, a recovery and enough celebrity gossip to fill seven years of People magazine.

Finally, after 2,552 days with no buyer in sight, the listing expired in January.

“It’s a very pretty house,” real estate agent Robert Romano said, “but I’m letting it sleep for a while.”

As Tampa Bay’s housing market roars back to life, tales abound of homes that went under contract almost as soon as they were listed. These are the star quarterbacks, the homecoming queens, the popular kids of the real estate world.

Then there are those places that sit and sit and sit, their “For Sale” signs looking ever more faded and forlorn.

Kids who finished kindergarten this year hadn’t been born when the 6,500-square-foot home in northern Hillsborough County first hit the market.

As nearby properties changed hands, the Odessa house sat unsold through two presidential elections, a recession, a recovery and enough celebrity gossip to fill seven years of People magazine.

Finally, after 2,552 days with no buyer in sight, the listing expired in January.

“It’s a very pretty house,” real estate agent Robert Romano said, “but I’m letting it sleep for a while.”

As Tampa Bay’s housing market roars back to life, tales abound of homes that went under contract almost as soon as they were listed. These are the star quarterbacks, the homecoming queens, the popular kids of the real estate world.

Then there are those places that sit and sit and sit, their “For Sale” signs looking ever more faded and forlorn.

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About Author

John William is a cum laude graduate of the University of Miami, and has spent his lifetime in sales and marketing. The fourth generation to join his family business, John William manages all luxury residential sales and transactions within the Tampa Bay and South Florida markets. A keen industry insider with a finger on the pulse of the area, He is an expert identifying high-return acquisition and development opportunities for hungry investors both large and small while simultaneously working with homeowners and homebuyers to buy and sell the home of their dreams… often times without the need of the MLS or a For Sale sign. He also oversees all digital and print marketing for the company, and handles all sales training for new and established agents alike. He is a member of the Board of Directors of Brookwood Florida, the oldest charity in Florida, and works to raise millions of dollars annually for local charities and museums.