A comprehensive analysis of the Tampa Bay real estate market, providing a detailed examination of current conditions, historical trends, and future projections. The podcast offers an in-depth look at specific neighborhoods across Tampa, St. Petersburg, and Clearwater, evaluating them based on housing types, amenities, walkability, transportation, connectivity, and crime rates. Kenneth focuses on broader market dynamics, including median home prices, sales volume, days on market, rental trends, new construction, and affordability challenges.
The Temple Terrace, Florida, real estate market is currently rebalancing, shifting from a strong seller's market to a more nuanced environment. While still classified as a seller's market by some metrics, May 2025 data indicates a 4.7% year-over-year decrease in the median sold price and a 99.9% increase in Days on Market (DOM). This correction is not uniform; smaller homes (1-3 bedrooms) are seeing price declines and incre...
The modern first-time home buyer (FTB) navigates a highly challenging market characterized by a complex interplay of evolving preferences, significant economic hurdles, and profound psychological motivations. While the aspiration for homeownership remains strong, economic realities—particularly escalating costs and high interest rates—have pushed the median age of FTBs to a historic high of 38, despite a notable increase in their h...
Tampa Bay Real Estate Market BriefingExecutive Summary
The Tampa Bay real estate market is currently undergoing a "healthy rebalancing," transitioning from a competitive seller's market to a more neutral environment. This shift is characterized by increasing inventory, longer days on market, and a higher proportion of homes selling below asking price. While the region benefits from robust economic growth and consistent...
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