Posts in category 'Real Estate'
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14
Think Older Homes Are Cheaper? Not in 2025. Here's What's Really Going On.
If you've been house hunting in Tampa Bay and automatically assumed that a resale home would cost less than something brand new—think again.
For the first time in years, existing homes are selling for more than new construction.
According to the latest data, the median price of an existing home is now $429,400. For new construction? It's $410,800. That's a difference of $18,600—in favor of the brand-new home.
So if you've been overlooking new builds because you thought they were out of reach, now's the time to take another look.
Let's break down what's happening, why it matters, and what you should...
12
Thinking About Downsizing? Here's How to Sell Smart and Move Forward With Confidence
If you've owned your home for more than a few years, there's a good chance you're sitting on a serious amount of equity—and maybe wondering if now's the time to downsize.
You're not alone.
According to Realtor.com, baby boomers (those born between 1946 and 1964) hold nearly half the housing wealth in the U.S., totaling somewhere between $18 and $19 trillion. That's a lot of potential tied up in real estate.
And here in Tampa Bay, we've seen years of steady appreciation. If your kids are out of the house, retirement's on the horizon, or you just want less to take care of, selling your current home could open up new possibilities—financially and personally.
But with big opportunities come big questions:
1
Feeling Priced Out of Homeownership? Here's How Young Buyers Are Making It Happen in 2025
If high home prices, rising interest rates, or the thought of "am I really ready?" has you feeling stuck on the sidelines of homeownership, you're definitely not alone.
According to the 2025 NextGen Homebuyer Report, almost 60% of Gen Z and Millennial buyers believe they'll own a home one day—but only 19% feel now is the right time to buy.
So what's everyone else doing?
They're getting creative.
From teaming up with friends to turning part of their house into an income stream, young buyers in Tampa Bay are finding new ways to get the keys. Here are four popular strategies that are helping first-time buyers break into the market this year—plus how to know if one might work for you.
25
So Your Kid Wants to Buy a House: How to Help Without Causing a Headache
So your kid wants to buy a home, and you're thinking about stepping in to help. Good news: you're not alone. Bad news? If you do it the wrong way, it can trigger taxes, tension, or both.
Today's first-time buyers are facing a tough combo—stubbornly high prices, steep interest rates, and fierce competition. In the Tampa Bay area especially, where home values have remained strong even as rates climb, it's getting harder for younger buyers to break in.
The average down payment nationwide climbed to $63,000 in 2024, and monthly mortgage payments are still hovering near record highs. A recent Redfin survey showed that nearly 1 in 4 Gen Z and Millennial buyers relied on family support—through a cash gift or inheritance—to make homeownership happen.
And while "nepo-homebuyer" might be trending online, let's be real: helping your ki...
16
Why Pricing Strategy Matters More Than Ever in Tampa Bay
If your home didn't sell the first time, or you're thinking about listing soon, there's one question that can make or break your entire experience:
How do you price your home?
Not "what's it worth" on Zillow. Not "what you need to net" to buy your next home. And not even "what your neighbor's house sold for."
We're talking about a real pricing strategy—one based on data, buyer psychology, and local market conditions.
Unfortunately, a lot of agents skip this step.
Instead, they lean into the number you want to hear, list the property, and hope for the best. But hope is not a strategy.
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