Report: Tampa Bay mortgage payments rise to the highest point in years

The Tampa Bay housing market has grown exponentially since the start of the Covid-19 pandemic, and a new report by Zillow shows this trend isn't slowing down anytime soon. The data shows that typical home values are $382,776 in the Tampa Bay area, a 72.5% jump since June 2019 and above the national average of $354,165. Additionally, mortgage payments on a typical home are $1,743 a month, excluding taxes and insurance, a 110% increase from 2019. However, these factorshave led to homebuyers having…Original Article