TBBA News

Back to Blog 2025 Weekly Legislative Session Update It is my distinct honor and pleasure to write on this day to those who, quite literally, Build America and the American Dream.  Nothing is more sacred than our nation’s laws; laws which must protect those whose aim is to honorably build that American Dream.  Last week…

Back to Blog A new report estimates that the U.S. housing market may face a $1.5 trillion reduction in property values over the next 30 years due to climate change, but resiliency efforts may mitigate the factors arising from severe storms and wildfires. The report from First Street Foundation, a climate risk financial modeling nonprofit,…

Back to Blog With demand on the decline and supply on the rise, indications point to Tampa Bay emerging as a buyers’ market in 2025. A new Zillow study became the latest in a series of reports forecasting that local buyers will have more negotiating power in the next 12 months. The real estate platform…

Back to Blog President Donald Trump set an immediate tone in his first day in office with an executive order aimed at reducing housing costs. “What more could you ask for in the first 24 hours of the administration?” said NAHB Chief Executive Officer Jim Tobin on a recent association podcast. Trump’s emergency order directed…

Back to Blog A recent 2025 economic forecast presentation by one of the leading analysts for the National Association of Home Builders pointed toward an array of positives, but did not shy away from the post-pandemic factors that have created a slog in the industry. Danushka Nanayakkara-Skillington, the AVP for Forecasting & Analysis for the…

Back to Blog Builder confidence stands as steady with an optimistic view on the national level, but the forecast for Tampa Bay is more mixed as the region continues to emerge from the wake of Hurricanes Helene and Milton. The National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI) sits at 46 for…

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…

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…

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…

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…