• Call/Text: (813) 784-7744
    • Send Me an Email

The Tampa Real Estate InsiderThe Tampa Real Estate Insider

South Tampa Realtor

  • Menu
  • Home
  • Meet Rae
  • Search
    • Advanced Search
    • Map Search
    • Listing ID Search
    • Address Search
    • Browse by City
    • My Account
  • Buyers
    • Buying With Me
    • Featured Properties
    • Mortgage Calculator
    • My Listing Manager
  • Sellers
    • Selling With Me
    • Sold Portfolio
    • FREE Home Valuation
  • Communities
    • Channelside District
    • Downtown Tampa
    • South Tampa
    • Seminole Heights | Tampa Heights
    • Gulf Beach Area | St. Petersburg | Clearwater
    • Westshore Marina District
    • Downtown St. Pete
    • Cheval Golf Community
  • TREI Blog
  • Get in Touch
  • Rave Reviews

Tampa Real Estate Investing: 10 Reasons Buying In Florida Is A No-Brainer!

Despite the downturn nationally and in the Tampa Bay area, real estate still remains a solid long-term investment.

Here are ten (10) reasons why:

  1. Baby Boomers. National demographics point to an aging U.S. and developed market population.  Older Baby Boomers in the U.S. love the sun and great amenities Florida has to offer. Baby boomers are one of the most economically advantaged groups in the nation and consistently list Florida among the top retirement destinations.
  2. Retirement Mecca. According to research conducted by the U.S. Census, Florida, California and Texas will account for 46 percent of total U.S. population growth by the year 2030, much of this is because these warm weather states are where retires want to live.
  3. No Personal Income Taxes. Florida is one of nine states without a state income tax.  Our annual influx of vacationers and Snow Birds pay much of the tab for residents through a number of sales and use related taxes.  This is very attractive for Tampa residents, especially when there is discussion of raising U.S. income taxes or eliminating loopholes.

    Downtown St. Pete
  4. Continued Growth. Florida is growing again after its first decline since the 1940s.  According to the University of Florida’s Bureau of Economic and Business Research, Florida added more than 21,000 residents between 2009 and 2010. The second greatest growth in new Florida residents came in Hillsborough County, home to Tampa.  This growth means demand for real estate and, therefore, greater resale values.
  5. Affordability. Tampa homeowners have experienced roughly a 50% adjustment in value, making property more affordable than they have been in years.
  6. Interest Rates. Interest rates remain at historic lows making the cost of borrowing a great long-term value and it allows housing to remain highly affordable.
  7. Long Term Price Increases. Long term demand coupled with declining housing starts will create long term upward pressure on prices.  Historically low Federal Reserve Funds rates are creating inflationary pressures that should drive prices higher.
  8. Tightening Lending Standards. The sub-prime mortgage situation has resulted in banks tightening lending, which should guarantee future price appreciation once current inventories are absorbed without further bubbles.
  9. Waterfront Living. Great real estate really comes down to one thing: Location, location, location and the Tampa area has some of the best waterfront values in the nation.  There is only so much waterfront property and it always seems to be in high demand. (You can search here for MLS listings in the St. Pete, Clearwater and Tampa areas)
  10. Portfolio Diversification. You have got to live somewhere and real estate has historically been a great diversifier for an investment portfolio.  Of course, there are simple ways to own real estate such as via a REIT or REIT mutual fund, but the real opportunities to profit still come to those who buy the right property, at the right price and at the right location.

Jeff Diercks, CPA is Managing Director of InTrust Advisors, a boutique wealth management firm helping busy, affluent individuals achieve their goals and dreams through a unique planning and investment process that allows them to profit in almost any market environment.  You can find out more at www.InTrustAdvisors.com.

Related articles

  • Tampa Housing Market Shows Increased Sales Activity. (thetamparealestateinsider.com)

Posted in: International Buyers, Tampa Real Estate Investors Tagged: Best Places to buy a home, International Home Buying, Real Estate Investing Tampa

Post navigation

« Tampa Real Estate Market Report-First Quarter 2011
South Tampa Real Estate Report »

Search Our Blog

Search for:

Browse by Category

Browse by Topic

Best Neighborhoods in Tampa Best Places to buy a home buyers market tips Buying a Home buying real estate in tampa Channelside Condos For Sale Choosing the Right Realtor Condo Market News Condo Market Update Tampa current housing market in tampa florida Downtown Tampa Condos and Lofts Downtown Tampa Updates Financing and Mortgage News First Time Home Buyers First Time Home Buyer Tax Credit First Time Home Buying Advice Foreclosure Statistics Tampa FL Historical Neighborhoods-Tampa homestead tax exemption How to sell as short sale investing in condos Investing In Real Estate Luxury Home Communities new construction tampa property tax update Real Estate Investing Tampa real estate market tampa real estate news Relocating to Tampa sales statistics Selling Your Home Short Sale Process Tampa Short Sale Realtors Tampa South Tampa Real Estate Tampa Housing Market Tampa Real Estate Tampa Real Estate Market Tampa Real Estate News Tampa Realtors Tampa Relocation Guide Things to Do in Tampa Tips for Listing your home Tips for Sellers Top tampa realtors When is a good time to buy?

Explore Communities

  • Channelside District
  • Downtown Tampa
  • South Tampa
  • Seminole Heights | Tampa Heights
  • Gulf Beach Area | St. Petersburg | Clearwater
  • Westshore Marina District
  • Downtown St. Pete
  • Cheval Golf Community

Recent Posts

  • Top 10 Downtown Tampa Condominiums for Sale
    Top 10 Downtown Tampa Condominiums for Sale
    23 mins ago
  • Virtual Staging and Maximizing Your Profit When Selling
    Virtual Staging and Maximizing Your Profit When Selling
    7 hours ago
  • Tips for First Time Home Buyers, Tampa Real Estate
    Tips for First Time Home Buyers, Tampa Real Estate
    2 days ago
  • New Construction Tampa-Backyard Bungalow Style!
    New Construction Tampa-Backyard Bungalow Style!
    2 days ago

Rae Anna Conforti

  • Call or Text Me

    (813) 784-7744

  • Send Me an Email

    Ready to Help

  • 1001 S. MacDill Ave

    Tampa, FL 33629

© 2021 Tampa Real Estate Insider | All Rights Reserved

Agent Reputation – Real Estate Website Design

Privacy Policy | DMCA | Sitemap