The Future of Tampa Real Estate Will SHOCK YOU: My 2025 Market Predictions

[@TampaFloridaLiving]

Reach out anytime... We want to be your Tampa Real Estate Team of Choice!! Adam Morejon - Tampa Realtor 📲 Call/Text Direct at [phone] 📲 Email: [e-mail] Website: livingintampaflorida.com/ Home Search: livingintampaflorida.com/home-search

[@Germanicus_Daimetor]

Tampa housing inventory supply is way up. Interest rates are high, prices are high, down payments are high, taxes are high, Tampa wages are still low. Prices are still high, now the market is saturated.

[@franklehman309]

Before you move to one of the new developments, drive there during rush hour. The infrastructure has not been updated and traffic slowdowns and accidents are daily occurrence. Added almost an hour to my commute from 5 years ago.

[@informationmaven8985]

The IT jobs pay about 80K less in the greater Tampa area when compared to NoVA/MD due to availability of folks willing to take less. Lots of early retired guys collecting a second check for motor yacht money! Good news is that Frontier Air has moved a route back to IAD-TPA.

[@tampasaltlife620]

I moved to Tampa from Miami 7 years ago Best thing i ever did

[@TampaFloridaLiving]

@@tampasaltlife620 awesome to hear! What made it the best decision?

[@nopybooja5495]

Redin shows almost a 10% Year-over-Year price decrease for single family homes due to rising inventories. It also shows houses sitting on the market for an average 44 days (61% higher YoY). Everything points to lower house prices in 2025. Which data are you using? I’m not bashing your video, its an honest question.

[@TampaFloridaLiving]

@@nopybooja5495 i always pull direct from the local MLS which is accurate. Last I looked in November, median sales price was down -1% year over year. I will update as soon as december numbers come out or ill run them this week. I don’t believe it’s 10%. Days to contract seems close. I last saw 39 days. Thats not bad

[@christopherchilds3903]

This dude is a bad ass broker / owner . Definately knows his shit . No bullshit . understands the constantly evolving market with changes going on . Pricing , Insurance, location, situation all are a factor !!

[@TampaFloridaLiving]

@@christopherchilds3903 appreciate that!

[@albsureinc23]

Affordability is key. Prices need to come down by at least 30% because housing has gone up by close to 40% since the pandemic. While the average person is getting a 3 to 4% pay increase. Will see what happens

[@ashlynjohnson4930]

I wish the builders would stop adding lakes to every community. They need a new draining system ideas to reduce flooding.

[@TampaFloridaLiving]

@@ashlynjohnson4930 why do you say that? From my knowledge they work great for overflow etc. Outside of 1 or 2 neighborhoods in the burbs that clearly werent set up right… what have you hesrd that didnt work?

[@ashlynjohnson4930]

@ I say this because I kept seeing the lakes rise with water in both Tampa and Sarasota during hurricanes. Where else does the water go? Additionally, doesn’t the lakes attract more reptiles? In the north east, there’s a lot of water via rain and snow. The water goes down the drains to help reduce flooding in the neighborhood. I understand that either method, whether it’s a lake or drain, no solution is perfect for severe outlandish weather patterns. But, I still wish there were not lakes in every community. Tampa is booming and I am happy for the great growth!

[@TampaFloridaLiving]

@ they are retention ponds. When you build in an area that didnt have drainage, there is a formula that builders have telling them how many they beed for proper draining. They are also all connected and self balance. This is important bc otherwise they would have issues. Personally i wish they would build keeping more of the preserve etc. build around the trees vs clearing everything. But thats not a realistic expectation coming from a builder/business.

[@DennisWoods-oo1vl]

Newer communities actually did pretty well. The retention ponds are there for a reason. Older communities didn't do well

[@TampaFloridaLiving]

@ agreed. Older communities did well overall. Unfortunately there were a few neighborhoods close to a river that werent prepared for 30 inches of rain in a day and you probably couldn’t teat for that anyhow. Overall most neighborhoods did pretty good

[@Jacksonzole57]

Reventure actually lives in St Pete and this time was on CNBC saying Tampa is going down 5-50% in the next year, such a hypocrite. I appreciate your channel actually is optimistic about the area he lives !

[@TampaFloridaLiving]

@@Jacksonzole57 yeah its sad to consistently see negativity. Can the market go down? Sure. Can the market go up? Sure. Unless you are flipping, real estate as an investment is best as a long game. That being said, the market will do whatever it does… i try to be the best resource i can for folks looking to move here or that already live here and want more info on new areas to them. I appreciate your support on the channel!

[@waltpagan]

Way too many people buying up multiple properties, It needs to be regulated. Also local incomes absolutely CANNOT support the price of home ownership. The info in this video seems very specifically picked to generate sales traffic to the area, we don't need more inward migration. Honestly this all seems to be very disconnected from what the actual locals are feeling.

[@mischaraine1645]

You want the government to determine how much property one can purchase? Make it make sense.

[@waltpagan]

@@mischaraine1645 Gladly. There are over 15million vacant homes in America and over 600k homeless, for one. There are millions of people who just 6 years ago would be able to afford a home but now can't because greedy wealthy people bought up the inventory and let it sit vacant to drive up the price and its gotten out of control. If that doesn't make sense to you, nothing really will.

[@TampaFloridaLiving]

I speak with locals weekly that are buying homes. Yes our incomes will eventually need to go up, but in our current state, demand is still there and locals are purchasing homes. Many use dual incomes in homes. Almost every other major metro is in the same situation due to inflation. Tampa is actually more affordable than many similar sized metros it just doesnt feel like it because we were so under the radar for so long.

[@TampaFloridaLiving]

Not me. I think its fine that people can own multiple homes. I do however feel that hedge funds could have some regulation otherwise we will become a massive middle class of renters.

[@mischaraine1645]

@@TampaFloridaLiving Agreed on the hedge funds. I lived in Tampa for most of the 90s. Came to South Florida in 2010ish. Heading back to Tampa this year. I know it's changed A LOT since the 90s, but still better QOL that South Florida. By far.

[@communityprepper6153]

Dear lord, $406K????? Moving from San Diego this seems like a steal. Traveling to the Tampa area in a week to check out homes. We want to move there this fall. Cost of living is far below San Diego and we can get our dream house for under $500K? See you soon Tampa!

[@TampaFloridaLiving]

@@communityprepper6153 reach out to my team so we can help you with the plan. We can help you understand the areas and schedule showings for you. [e-mail]

[@yaseryas3463]

Indeed Tampa FL is so beautiful and comfort

[@TampaFloridaLiving]

Agreed!

[@Twobarpsi]

Great update Adam!

[@TampaFloridaLiving]

@@Twobarpsi thank you! Ive got more coning for you in 2025!

[@11thstory]

I wonder how the impact of the California fires will have on more people moving to Florida. Specifically individuals that can afford it. I would rather get a three day warning and preparation to leave then experience a wild fire that consumes a home in minutes with little to no warning. Not experiencing flooding is the risk we take here, but it seems paltry compared to living in California.

[@Edward-np4ih]

30-year mortgage rate recently bottomed out at 6+% and is creeping up to 6.75% due to Fed's lack of willingness to reduce rates more that previously anticipated.

[@jennitagr]

After the storms you can actually find houses damaged ready for a rehab at a good price . (Under 400k)

[@TampaFloridaLiving]

@@jennitagr not necessarily. Make sure they arent selling for the land because they cant be renovated (per the city not giving a permit if damaged over a certain percentage)

[@jayohhbeats4886]

Really trying hard to sell Tampa… it’s not like it was a couple years ago. Everything is too high houses are sitting on the market and yea people are coming but people are also leaving.

[@raizagarcia5288]

I love Tampa we need a bigger airport for sure

[@TampaFloridaLiving]

@@raizagarcia5288 that’s funny because they’re currently doing just that with the expansion of terminal D

[@eazytosmooth]

I can't wait I'm a be down there may 1

[@TampaFloridaLiving]

Sounds great! Reach out to my team and we would love to help you find your next home! Email us at [e-mail]

[@Conservative-Dad]

What I wanna know is what your sign in the back says for rules for dating my daughter! Lol

[@TampaFloridaLiving]

Ha ha ha… they’re still too young for me to worry about that yet, but I’m just preparing lol

[@RobxRod]

Excited to make Tampa home in 2025!

[@TampaFloridaLiving]

@@RobxRod love it!!! Reach out to my team and we can definitely help you find your home when you make the move. Email us at [e-mail].

[@williamjohnson1880]

Better be ready to adapt to Tampa cause accidents high and we aren’t nice on the road

[@TampaFloridaLiving]

@@williamjohnson1880 Compared to other cities I've seen, we actually aren't that bad. Just know that slow lane is the right lane and nascar lane is the left!

[@williamjohnson1880]

@@TampaFloridaLiving Dude Tampa literally listed as second worst behind Miami, we are all seriously asking you realtors to stop lying to people wanting to move here thinking it’s super safe and then they get shell shocked into reality

[@TampaFloridaLiving]

@ not lying about a thing. I love living here and while there’s definitely some downsides, I do feel the pros outweigh the cons. Even did a video about it.

[@HeartsOfDarkness]

Tampa, home of over population and two lane roads. Enjoy the commute, you’ll spend plenty of time sitting in Tampa’s roads.

[@KeyWestMangoAddict]

Less people equals less demand equals lower prices. Refinanced 2.4% interest under Trump. Glad he’s back.

[@getmoniiE]

I believed everything until that last part . 🤣🤣🤣

[@ReneChang-f9i]

He hasn't even taken office yet lol ​@@getmoniiE

[@kpkc4931]

Trump whored the dollar, created huge deficits, embraced helicopter money, put QE on steroids. Trump didn’t do anything but help destroy America kill King Dollar.

[@KeyWestMangoAddict]

@@getmoniiE don’t believe my interest rate?

[@KeyWestMangoAddict]

@@ReneChang-f9i I know and look at his impact already lmao.