‘Going naked’ pays off for some Tampa Bay homeowners
An unprecedented number of homeowners have decided to “go naked,” or self-insure their properties, as insurance costs have skyrocketed over the last two years.
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An unprecedented number of homeowners have decided to “go naked,” or self-insure their properties, as insurance costs have skyrocketed over the last two years.
“Much of Tampa’s previous housing affordability has eroded, with little hope of returning in the near term,” according to a new report from PwC and ULI.
The effective tax rate has declined nationally since 2019, but many homeowners are paying more in dollars than they used to because of surging home values.
Rising home values, population increase and rising property taxes have contributed to Tampa Bay's housing affordability crisis.
The team, which includes eight people, will be based in Cincinnati and be part of Franklin Street's institutional services group.
The six-story building overlooks Central Avenue in the Edge district, which has become a hub for multifamily development near Tropicana Field.
Despite economic uncertainty and financial challenges, Tampa Bay has plenty of real estate deals and projects to celebrate.
This is the latest of several affordable senior housing projects to move forward this year.
A historic home has sold for millions just weeks after hurricanes Helene and Milton battered Pinellas County's beach towns.
Homeowners across the region are grappling with whether to renovate, rebuild or sell their property for lot values — particularly in waterfront neighborhoods like Shore Acres, where older homes were some of the most heavily damaged by the storms.