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September 2017 Investor News

More US Households Renting Than Any Point in 50 Years
Young adults – those younger than 35 – continue to be the most likely of all age groups to rent.  Read More…

Wall Street Banks Forsee a Downturn
Analysts wrote in separate reports that investors remain bullish despite fundamentals signs of cooling.  That could signal a coming downturn.  Read More…

Home Prices Still Soaring Among Tight Supply
Compared to the same month last year, the median home price rose 12.5% in Tampa Bay, the most of any major metro area in Florida.  Read More…

Tampa Area CRE Loan Defaults RIse
Of the $2.7 billion in outstanding CRE loans in the MSA, 8.6% were considered delinquent for 30 days or more in June.  Read More…

Billionaire Jorge Perez Eyes Tampa Bay
Perez’s Miami-based Related Group has invested $350 million in the Bay area.  Read More.