Report finds Tampa housing market one of the fastest cooling in the nation

Описание к видео Report finds Tampa housing market one of the fastest cooling in the nation

After years of a scorching hot housing market, a new report labels the Tampa region as one of the fastest-cooling housing markets in the country. The report from Redfin measured year-over-year changes from April 2023 to April 2024. Redfin looked at changes in home prices, price drops, inventory, and the share of homes that sell within two weeks. North Port came in first place, followed by Tampa and Cape Coral. In fact, six Florida cities rounded up the top 10. Lakeland listed at number 9. The report cited an increase in natural disasters, a surge of new construction, high insurance costs, and rising home prices as the reasons markets on the West Coast of Florida are rapidly cooling.

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