Buyers, feel like homeownership is out of reach? Headlines often call out mortgage rates and rising home prices, but a big factor you might not know about is corporate investors are buying up local properties.
In fact, a recent Tampa Bay Times investigation found that Tampa Bay is becoming increasingly corporate-owned. Large investment companies, many linked to Wall Street and private equity, own over 27,000 single family homes in the Tampa Bay area.
We DO NOT help the faceless corporate offenders. My team and I are dedicated to helping real people get ahead with real estate investments, while making real money that helps build their wealth and security.
See where large investment companies have purchased properties in the map below (image from the Tampa Bay Times)
This contributes to our lack of inventory and increasing prices, making it harder for regular people to find and buy a single family home.
THIS is why I tell my clients to get into the real estate market while you can. If you can afford it, BUY NOW and refinance LATER when rates go down.
📲If you’ve been waiting for right timing to sell or buy and find yourself feeling frustrated or unsure, give me a call, text or DM me. I’m here to help you find the opportunities available in this current market.
🔸Laura Marie, REALTOR®
Your Residential, Luxury, Investment Advisor
Laura Marie Group @ eXp Realty
YourHomeSoldFL.com
(727) 350-7003
