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September 2023 Investor News

Rent Increases are Cooling in Tampa Bay
Rent has risen only 4.3% year-over-year, a reduction from the pandemic when rents increased more than 25% amid heavy population growth.  Read More…

As Insurance Costs Rise, Property Owners Consider Self-Insurance
This scenario could create trouble for the property owner and their tenants whose belongings get wiped away.Read More…

High Mortgage Rates Lead to New-Build Boom
Sales of existing homes slid 19% from last year, while new home sales soared 24%.  Read More…

Why Are Rents Still Sky-High?
In short: a significant increase in household formation as roommates have broken apart.Read More…

Rising Condo Fees Cause Chaos in Tampa Bay’s RE Market
A new law requires condo buildings to conduct engineering studies & set aside money for structural repairs before 2025.  Read More…