Entries by DomresRealEstate

Report: Tampa Bay is home to some of the most competitive homebuyers in the US

Residents looking to buy a home in Tampa may face some stiff competition. A recent report from LendingTree found that the Tampa metro area is among top 10 most competitive when it comes to buying a home. To determine that, LendingTree evaluated the 50 largest metropolitan areas based on a few criteria. The report looked at: Average down payment made by a homebuyer. A large down payment can potentially mean a homebuyer has the financial stability to purchase a home. Percentage of homebuyers…

Tampa Bay’s housing market is becoming less affordable

Median home listing prices in Tampa increased by 15 percent over the last year, according to data from RealtyHop. This resulted in Tampa increasing from the 36th least affordable market to the 29th from September 2019 to September 2020. Listing prices also increased in St. Petersburg, although at a lesser rate of 11 percent. However, the Tampa and St. Petersburg markets remain affordable compared to Miami, which ranked as the second least-affordable market in the country. With a median listing…

Tampa Bay’s housing market is becoming less affordable

Median home listing prices in Tampa increased by 15 percent over the last year, according to data from RealtyHop. This resulted in Tampa increasing from the 36th least affordable market to the 29th from September 2019 to September 2020. Listing prices also increased in St. Petersburg, although at a lesser rate of 11 percent. However, the Tampa and St. Petersburg markets remain affordable compared to Miami, which ranked as the second least-affordable market in the country. With a median listing…

Tampa Bay’s housing market is becoming less affordable

Median home listing prices in Tampa increased by 15 percent over the last year, according to data from RealtyHop. This resulted in Tampa increasing from the 36th least affordable market to the 29th from September 2019 to September 2020. Listing prices also increased in St. Petersburg, although at a lesser rate of 11 percent. However, the Tampa and St. Petersburg markets remain affordable compared to Miami, which ranked as the second least-affordable market in the country. With a median listing…

Tampa Bay’s housing market is becoming less affordable

Median home listing prices in Tampa increased by 15 percent over the last year, according to data from RealtyHop. This resulted in Tampa increasing from the 36th least affordable market to the 29th from September 2019 to September 2020. Listing prices also increased in St. Petersburg, although at a lesser rate of 11 percent. However, the Tampa and St. Petersburg markets remain affordable compared to Miami, which ranked as the second least-affordable market in the country. With a median listing…

Tampa Bay’s housing market is becoming less affordable

Median home listing prices in Tampa increased by 15 percent over the last year, according to data from RealtyHop. This resulted in Tampa increasing from the 36th least affordable market to the 29th from September 2019 to September 2020. Listing prices also increased in St. Petersburg, although at a lesser rate of 11 percent. However, the Tampa and St. Petersburg markets remain affordable compared to Miami, which ranked as the second least-affordable market in the country. With a median listing…