Back to Blog Home ownership in Tampa Bay continues to offer a clear household budget benefit when compared to renting. A new Census Bureau report revealed that nearly half of Tampa Bay residents are spending more than 50 percent of their income on renting. Experts say anyone spending more than 30 percent of their monthly…
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Back to Blog The Yes In My Backyard (YIMBY) movement got a boost in November with the formation of the YIMBY Congressional Caucus. More than 25 members of the U.S. House signed up to form the caucus this week. It’s a bipartisan effort that aims to spur more homebuilding and to tackle the affordable housing…
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Back to Blog If you have not voted already, it is “Go Time” for registered voters to stand up and be counted in Election 2024 on Tuesday, November 5, 2024. (Find your nearest polling place by logging on to the local Supervisor of Elections in your Tampa Bay, Florida County.) Voting is important because it…
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Back to Blog A mix of prognostications about Florida’s housing market are, and will continue to, emerge in the wake of Hurricanes Helene and Milton. The natural inclination may be to assume the one-two punch of storms will add to a market already taking on water because of increasing property insurance rates and new…
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Back to Blog There are thousands of legitimate, ethical contractors in business around the country. Unfortunately, there are also scam artists looking to cheat you out of your money who pose as legitimate contractors. These “fly-by-night” operators often show up in communities impacted by natural disasters to try to scam distressed home owners into paying…
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Back to Blog The Florida Department of Business and Professional Regulation Emergency Order permits general contractors to perform roof repairs directly, without subcontracting to a licensed roofing contractor. This is part of a broader set of allowances to facilitate efficient recovery efforts. Read the DBPR Emergency Order.
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Back to Blog Gen Z homebuyers – yes, they do exist – have some specific preferences about what they’re seeking. But before you delve into those, recognize that they definitely have an interest in owning homes despite some of the economic challenges in the market. A recent RE/MAX survey revealed that 65 percent of Gen…
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Back to Blog The latest housing starts report reflects a significant dip across the nation, but one sector continues to thrive: townhome construction. The National Association of Home Builders analyzed the latest Census Bureau data and drew some favorable conclusions about townhome construction. During the second quarter of 2024, single-family attached starts totaled 42,000, which…
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Back to Blog From one of the nation’s highest inflation rates to one of its lowest, the Tampa-St. Petersburg area has made a surprising reversal. Tampa Bay had a 1.8 percent inflation rate for the 12-month period ending in May 2024, according to the Consumer Price Index. That’s a stark change from the 11.2 percent…
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Back to Blog Many homebuilders started this month with a pledge that goes against the preconceived notion some may hold about construction by committing to the U.S. Department of Commerce’s Million Women In Construction Pledge. The Pledge encourages companies to build on their workforce development and recruiting efforts to broaden opportunities for women in the…
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