Florida Real Estate Market Forecast for 2021

Florida Real Estate Market Forecast for 2021

Tampa Wholesale Real Estate

For the past decade, the Florida real estate market has led the country in real estate investment opportunities and condo and home sales. Even in 2020, when the COVID-19 pandemic devastated sales in the middle of the year, the Florida real estate market rebounded by December. According to the Florida Realtors Association, single-family home sales were up 21%, and condo sales were up 28% over the previous year.

real estate investment

Tampa, Florida, properties helped lead the late 2020 market surge. Tampa housing prices were up more than 14% over 2019, and realtors expect the Tampa homes market to be among the state’s leading markets in 2021. Florida real estate agents predict that the housing market will grow by 8.7% in 2021, making it a prime target for Florida real estate investors. 

With interest rates at historic lows and the economy rebounding, there’s never been a better time to consider Tampa, Florida, homes for sale. If you’re looking for real estate as an investment, real estate investment firm Bay to Gulf Holdings (BTGH) can help you find Florida real estate for sale. BTGH offers a real estate investment and finance service to help investors rehab and flip Florida real estate.

Top Florida Real Estate Market Forecasts for 2021

2021 will be a seller’s market: The inventory for new homes and condos for sale in Tampa, Florida, was down 26%, setting up 2021 to be a seller’s market. As a result, it’s important to partner with real estate investment services like BTGH. BTGH constantly scours the market for distressed homes and multiplex rental properties near Tampa, Florida, and offers them to investors before other bargain hunters snap them up. 

Competition for Florida real estate will be fierce: If you’re searching for “real estate investment near me” in Google, hoping to find a prime real estate investment opportunity online, you’ll probably be disappointed. Pent-up demand created by the COVID-19 crisis, low-interest rates, and a growing population means that if you’re hunting for real estate, Tampa will still offer investor opportunities, but you’ll need help uncovering them. BTGH proactively seeks sellers interested in unloading their homes quickly before the properties hit the real estate market.

Prices will continue to rise: At the end of 2020, the average value of Tampa area homes was nearly $271,000, the median selling price was $291,000, and 99% of homes sold near their asking price. If you’re an investor looking for the best deals in real estate, BTGH will help you find high-quality properties at the lowest price compared to market value.

What is Real Estate Investment and Why Should You Partner with Real Estate Investment Trust Companies?

real estate investment

Real estate investment is the practice of buying and selling properties as part of a profitable investment strategy. Real estate investment companies like BTGH focus on helping investors to find and finance properties. If you’re looking to invest in real estate, Florida offers a lucrative market for buying, renovating, and selling properties, as well as purchasing rental properties for the exploding Airbnb market.

BTGH, serving Hillsborough, Pinellas, and Pasco counties, offers real estate investment tips and can help you do everything from finding a Florida real estate agency to securing funding. Check out Tampa-based BTGH’s real estate investment website to learn about the company’s range of services. Call BTGH at 813-476-3199 to find your next Florida real estate investment.