JAY D'ABRAMO

Posts from May 2025

Behind the Sign: Real Stories from Tampa Bay’s Market

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Real Estate | 54 Posts
May
12

When it comes to selling your home, not all rooms are created equal—especially in a market as competitive and discerning as Tampa Bay.

Buyers here are savvy, and their expectations—shaped by shows like HGTV and the polished feel of new construction—are higher than ever. Fortunately, there's a smart, research-backed way to make your listing stand out: stage the rooms that matter most.

According to the 2025 National Association of REALTORS® Profile of Home Staging, three spaces have the biggest impact on buyer perception and offer strength: the living room, primary bedroom, and kitchen.

And in a market like Tampa Bay—where new builds and renovated homes are plentiful—properly staging...

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May
8

The Federal Reserve just hit the brakes — again. At their May meeting, the Fed opted to hold interest rates steady, keeping the benchmark rate unchanged for now. This comes amid a mix of political pressure and economic uncertainty, but for Tampa Bay buyers and sellers, it raises one big question:

What now?

Tampa Bay Snapshot: Rates, Reality, and Real Estate

As of this week, the average 30-year fixed mortgage rate hovers around 6.86%. While we saw a slight dip in rates, it wasn't directly because of the Fed's decision — it was more of a ripple from broader financial market movement.

Here's how this impacts

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May
7

For the third month in a row, Zillow has downgraded its 12-month housing forecast — now projecting a 1.7% year-over-year decline in U.S. home values by March 2026. This marks the first time in years the platform has predicted a nationwide price drop.

So what does that mean for us here in Tampa Bay?

Let's break it down.


National Forecast ≠ Local Reality

While national headlines can feel alarming, real estate remains hyperlocal. Tampa Bay has been one of the strongest-performing housing markets in the country ove...

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May
5

In a surprising (or maybe not-so-surprising) shift, baby boomers are taking over the housing market... again.

According to recent data from Realtor.com and the National Association of Realtors, buyers aged 60–78 now make up a whopping 42% of home purchases—officially surpassing millennials. But it doesn't stop there. Boomers are also the largest group of sellers, responsible for 53% of 2024 home listings.

Why Boomers Are Outpacing Other Generations

So why are boomers holding all the cards?

It c...

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May
2

A cooling economy. Higher mortgage rates. And prices that aren't moving much.

If you've been thinking about buying a home in Tampa Bay this year, it's no surprise if you're feeling a little cautious. Many buyers are choosing to wait—hoping things will settle before they make a move.

And the headlines don't help:

The U.S. Bureau of Economic Analysis just reported a 0.3% dip in GDP for Q1 2025, following a strong finish to 2024. It's the kind of news that can make even the most confident buyer pause.

But the smartest buyers? They're not frozen—they're focused. They're asking good questions, gathering local data, and building a plan.


A Simple 3-Step Plan...

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