Our Baby’s The Cutest
In many ways, the community in which we live is like our baby. We protect it, nurture it, and want it to grow up to be strong. And financially stable.
Our community is like our baby. We want it to grow up friendly, strong and financially stable. Our South Tampa baby has been making us proud for many years and for many reasons, not least of which is the strength of its real estate market.
Other cities have jealously taken note of our child’s achievements, especially when research group Think Realty said our baby was the most popular.
But what about the future? Can our baby’s success continue unabated? According to our adoring aunts and uncles, that’s a yes. Here are some reasons why:
Increasing (But Still Affordable) Home Prices
When you look at buying a house in Tampa it may seem expensive, but take a look at other big cities and you may have second thoughts. Prices are affordable compared to other parts of the country. Its relative affordability is expected to continue in 2021.
Expanding Metro Area
Tampa is home to industries that contribute massive revenues to the economy, along with parks, beaches, pro sports and everything else that makes up an awesome community, and it’s growing outward all the time. All the things that make Tampa a highly desirable place to work, play and live are reflected in the housing market.
Population Increase
Population growth is a significant determinant in real estate forecasts. Tampa continues to welcome new residents at a fast pace, so the need for housing will continue to increase in the foreseeable future.
Christy Rosen Clement is a Pricing Strategy Advisor®, Seller Representative Specialist®, Military Relocation Professional® and REALTOR® at Palermo Real Estate Professionals in South Tampa
