South Tampa Real Estate Report

South Tampa Real Estate Market Report | 7/6/25-7/12/25

For those of you sitting on the sidelines waiting for interest rates to drop, you should consider: a) changing your mindset and your house hunting strategy;  or b) get yourself a La-Z-Boy recliner. Based on the latest inflation data (up 2.7% YOY), it doesn’t appear rates are going down anytime soon. From a mindset standpoint consider that a 6.7% rate is 1% below the historical average for a 30 year fixed rate mortgage. Strategically, use the elevated housing inventory and higher days on market to your advantage when negotiating price. Have a great week!

Michael Palermo

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