The tri-city area of Tampa-St. Petersburg-Clearwater has been seeing increasing growth since the beginning of the 21st century, with a large amount of that growth coming since 2012. Home prices are rising in Tampa Bay Real Estate, with smaller cities such as Lutz, Wesley Chapel, and Brandon leading the home buying and selling charge.
Tampa Bay Real Estate Home Prices Up
Since the beginning of 2015 home prices in the Tampa Bay area have climbed an astonishing 12% combined; with almost 9% of the growth just in 2016. Real Estate Specialist, Katrina Madewell, and her team at Tampa Home Talk forecast growth to continue for at least the next four years, with home prices getting a 3% boost every year.
Home Buyers Have Something To Say
Home buyers have been flocking to Florida from all over the country, trying to scoop up homes before the rest of the population does. A recent first time home buyer brought his family and their dog all the way from Texas to work at MacDill Air Force Base. The family was looking for a good school to put their children into, while still having a convenient commute to work, as Tampa continues its work on the roads to help account for the traffic flow that is a constant from new home buyers moving to Tampa Bay.
The family settled for a house in Lutz, Florida. Lutz is just north of the downtown metropolitan area of Tampa, allowing more freedom with larger lot sizes, and possibilities of owning a few acres.
The kids, ages of 15 and 17 were able to settle right into Steinbrenner High School. Moving to Lutz, Florida allowed the husband to not only have a simple commute over to MacDill Air Force Base, but also use a VA Loan, which is provided through Veteran Affairs allowing military service members to have a low-rate mortgage provided through their mortgage lender.
Explore The Tampa Bay Area – Clearwater Beach Real Estate
To continue on with our new home buyers, they are able to explore the surrounding Tampa Bay area besides only Lutz. Clearwater Beach is only a 45-minute drive away. Clearwater provides visitors with the world’s number 1 beach, restaurants, and a variety of different water activities.
Tampa Bay Real Estate Radio Show
Katrina Madewell has highlighted Clearwater Beach in recent Tampa Home Talk Radio Shows. Katrina is live every Friday morning at 9am on MoneyTalk AM 1010.
You can listen live, hear a podcast available on iTunes, and other sites, or head over to the Tampa Home Talk Youtube Chanel to see past recordings. Katrina puts on the perfect Tampa Bay Real Estate Radio Show. It allows new listeners to discover the Tampa Bay area, current homeowners to attend to the proper upkeep on their home by having new specialists on the show every week to answer listeners’ questions, and provides new information to people who have called Tampa Bay home for years.
The Tampa Bay real estate area has been blowing up in the past 15-months and does not plan on stopping any time soon. If you are interested in moving to Tampa Bay, buying a home, or selling your home, Katrina Madewell and the Tampa Home Talk team know what to do!
Contact Katrina and the Tampa Home Talk team today.
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