South Tampa Real Estate Report

Written By South Tampa Real Estate

South Tampa Real Estate Market Report | 11/14/21 - 11/20/21

Eighteen homes sold last week for over $1M in South Tampa including one for $11.5M on Davis Islands. The trend of million-dollar home sales is not going away anytime soon. Fannie Mae and Freddie Mac are expected to offer federally backed loans approaching $1M next year in high cost areas...think New York City, San Francisco, etc. If the folks at Fortune have it right, the average home price in the U.S (currently $404,700) will hit $1M in 2042. Have a great week and Happy Thanksgiving!

Michael Palermo

 
 
South Tampa Real Estate
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