Tampa Real Estate Is Booming and the Future Is Bright

You know an area is hot now when a reality TV show81330745 Title is being made about its real estate! 

Of course, most real estate agents are not celebrities. But knowing about the trends in a community can help you earn top dollar and rise above your competitors. Since the market in Tampa is so hot right now,getting your real estate licenseFlorida Real Estate LicenseFlorida Real Estate License is a great move.

More than 330,000 peopleRentals Condos Florida Home Trends Blog migrated to Florida recently. Real estate forecasters believe that over the next five years, the population of Hillsborough CountyNews Projected Population Growth Over The Next Five Years Tampabayedc.com, which includes Tampa, will grow at a rate of 8.3%. That's higher than the state of Florida and that of the United States!

What Makes Tampa so Popular?

One of the top 10 healthy citiesFlorida Southtampa Tampa Among Americas Top 20 Healthiest Cities Patch.com in the U.S., Tampa boasts a combination of tourist attractions and residential options. And, it's alsofiscally healthyNews 2020 02 04 Report Tampa Ranks Well For Fiscal Health Among U.html Tampabay. The area is very affordable, even as real estate prices are climbing. 

Tampa's diverse population of about 400,000 peopleTampa Fl Population Cities enjoys close to 300 sunny days a year. They experience convenient transportation, great school systems, and a wide range of cultural and outdoor activities.

Tampa is also one of the fastest-growing job hubsTampa Fl Real Estate Market BlogTampa Fl Real Estate Market Blog in the country. 

About the Housing Market in Tampa

The typical value of a home in Tampa is $354,100, according to ZillowHome Values Tampa Fl. Home values have increased in the area by more than 29% in one year.

• Downtown Tampa is an area that has seen explosive growth and redevelopment. On the Hillsborough River, its median sale price is now over $400,000, and condos and apartments are flourishing.

• The Tampa Channel District (or Channelside)  has amedian sale price of $1,100,000Housing Market Analysis Channelside Tampa Fl Zerodown.com. The waterfront location and many entertainment options make it a vibrant and popular area. Condos are being built at a rapid pace. 

• South Tampa is an upscale community, attracting many families. Although rents can be high, the average home price is currently about $265,000.

• Ybor City is also known as "Cigar City" and has a historic flair. Home prices average at about $276,436Home Values Ybor City Tampa Fl and rose about 30% year-over-year. it has become very popular among young professionals.

• Carrollwood is a small, affluent, and diverse community. The median home price is $352,752Home Values Greater Carrollwood Fl and, like other areas in Tampa, is up close to 30%. 

• New Tampa has grown rapidly since the 1980s. This 24-square-mile area is comprised of a variety of communities, with a median home price of $400,000131724 FL Tampa New Tampa Housing Market Neighborhood. 

• Brandon and Riverview are unincorporated areas within Tampa. They are popular areas, with a median price of $335,000Brandon_FL Overview Realestateandhomes Search.

• Westchase is considered one of the best neighborhoods in Tampa and this planned community sprung up in the 1990s. Housing prices are hovering right around $488,000Home Values Westchase Fl.

• Tampa also has pockets of significant wealth. Celebrity homes can run upwards of $7,000,000Tampas Highest Priced Neighborhoods Luxury Real Estate Report. 

The Future of Tampa

Both the private home and condo markets of Tampa are performing well.Tampa Fl Real Estate Market BlogTampa Fl Real Estate Market BlogDemand will continue, as more people look to move to warmer climates. 

Tampa is considered one of America's boomtowns. Continued commercial development will give rise to new populations seeking housing at all levels. 

Experts believe that the real estate growth rate in Tampa will continue through 2022 at all price ranges. The typical real estate agent in Tampa earns close to $100,000 a yearReal Estate Agent Salaries Tampa FL Career. Now is a great time to consider becoming an agent in this fast-growing area within a rapidly-growing state. 

Don't miss out on the many opportunities within Tampa. Get started now.Florida Real Estate LicenseFlorida Real Estate License