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…
Read MoreBack 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…
Read MoreBack 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…
Read MoreBack 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…
Read MoreBack 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…
Read MoreBack 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…
Read MoreBack 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…
Read MoreBack 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.
Read MoreBack 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…
Read MoreBack 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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