Report: Tampa Bay housing market shows signs of cooling off

Home sellers are feeling the pressure of a red hot housing market cooling off, according to a new report by Realtor.com. The report shows that the housing market in August saw the first year-over-year increase in time on the market (+5 days) since June 2020. Houses in the Tampa Bay metro area spent an average of 37 days on the market, a three-day increase from last year. Data shows a housing market that is getting a break from the past two-plus years of frenzied buyer demand that outmatched supply,…Original Article