Rising Rent Prices Make Now a Great Time to Buy in Tampa
Posted by Mike + Michelle Grizzell on
If you think now may be a good time to buy a home or condo in the Tampa area, most local real estate experts would probably agree with that notion based on rising mortgage rates alone. But along with higher home loan rates, rent prices are also trending upward here in Tampa, leaving many to wonder whether it’s finally time to make that long-awaited transition from renting to owning.
According to new data from RentCafe, apartment dwellers in the Tampa area are paying about 5.7% more in monthly rent than they were this time last year, which believe it or not represents the 10th-largest increase in the entire country.
Tampa’s spike in rent prices is also well above the national average increase of 4.3%, but still well below markets that saw the…
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Despite the new sales center only being open for a couple weeks now, reports have surfaced that claim more than half of the 71 units at the Virage Bayshore condo tower have already been reserved, even with ground breaking still several months away.
Have you ever wondered the best places to go around Tampa if you’re trying to get a senior discount? Once you reach the age of 55, you can start taking advantage of senior discounts for food, services, and attractions. Tampa has some great options for you score a deal while hanging out with the family or even the grandkids. Take a look at these top places for senior discounts in Tampa and how old you’ll need to be to take advantage.
It may sound like a simple update, but one luxury that home buyers will find really appealing is that you’ve installed a water filtration system into the home. It will not…
Staging your home for your upcoming sale in Tampa is going to benefit your selling potential over other homes on the market. It provides a clean slate for your buyers to imagine life here without the distractions of clutter, filth, or awkward furniture placement.
Before you jump right into the real estate market, you should take time to become an educated homebuyer. While you can count on a good real estate agent to help guide you, it's best if you have at least some knowledge of the market and how to shop for a home in Tampa.
Found in the Downtown Tampa area, the Pirate Water Taxi is more than just a way to get from one place to another. The water taxi serves the Riverwalk, Davis Island, Harbour and Channel District areas. They provide narrated day tours, private charters and so much more. The Pirate Water Taxi will even be introducing a Zoo Route on February 27th, 2017.
February was the debut month for a brand new bike share program in the St. Pete and Tampa downtown areas. The program will help residents go green and enjoy plenty of great views, fun and transportation on two wheels.
The leaders of the city of St. Petersburg are considering a unique option for more affordable housing with the area. Multiple articles have cited the Housing Service Committee speaking about bringing "skinny" homes to certain parts of St. Pete. These homes would allow for a lower price point making the city a bit more budget-friendly for some home buyers.