JAY D'ABRAMO

Posts made by author 'Jay D'Abramo'

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

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Real Estate | 90 Posts
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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April
26

Spoiler alert: Housing affordability isn't as simple as the headlines make it sound.

Depending on who you ask, the real issue isn't just home prices—or even the number of homes on the market. It's about access. It's about opportunity. And most of all, it's about what "affordable" really means for the people trying to buy today.

So, what does affordability actually look like here in Tampa Bay? And where do you still stand a real chance of finding the right home at the right price?

Let's break it down.


Inventory Crisis or Access Crisis?

If you've been following the national conversation, you've probably heard a lot about the "housing shortage." But two...

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April
21

Let's be real—buying your first home in 2024 looks nothing like it did 30 years ago.

The average first-time buyer today is 38 years old. That's up from 33 just a few years ago and 31 throughout the '90s and 2000s.

So if you're in your 30s or 40s, still renting here in Tampa Bay, and wondering, "Did I miss my...

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