New Tampa – Now is the Time to Buy

Published by Lance Mohr | Filed under New Tampa

New Tampa continues to be an active real estate market.  The Wall Street Journal recently showed Tampa, Florida as one of the only four metro areas with declining home inventory.   In New Tampa things are still happening and families continue to migrate to Florida from the northern states.  Yes, for the most part they may be trying to escape that cold weather, but New Tampa is truly a wonderful place to call home.  The real estate market for New Tampa is also very appealing for a lot of families. 

In an article from Inman News it found that Tampa is in the top 20 for housing appreciation and is a very good sign that now is the best time to buy a house.  It also compares costs of owning versus renting in the New Tampa real estate market, which on a US study is encouraging.  The study was based on the current purchase prices of homes, which have become extremely affordable and the possible potential to gain equity within 3-4 years.

Stylemagazine also found Tampa to be a city with style.  Tampa was chosen as spot 23 their top 25 Arts Destination readers’ poll for mid-sized cities.  It’s also the fourth year in a row that Tampa has made this list.  The poll had readers vote for their favorite arts destinations based on city size.  In 2003 and 2004, Tampa and the city of St. Petersburg made the list as a region.  It also went on to say, “Tampa is a top destination for collectors and travelers who love art galleries, museums and festivals.”

Tampa Bay real estate is picking up and the new families moving into the area are proof enough that the market is getting stronger, opposed to some other markets around.  So, if you have a desire to move to a warmer client and want to move to the New Tampa area, you will want to look into New Tampa real estate and what there is to offer.  It’s a blessing in disguise to a lot of families.