Tampa Bay's two tiered market

By
Real Estate Broker/Owner with Blackburn Coastal Realty

This past week Tampa Bay Florida was chosen as the most depressed metro area in North America....ahead of number two Detroit and number three Miami.

During the same week, it was announced that the Florida Boat Sales number (a good gauge of the degree of optimism) was UP 34% in 2011 over 2010....a huge increase.

What is up here?  In the 25 years that I have been in business in the Tampa Bay market.....I have never seen so much new money flowing into our market.  Much of this is at the upper middle and high end parts of the market.  

The lower middle end of the market is still in a downtrend.

Sound familiar?

Posted by

William B Blackburn, Broker

Blackburn Investors Realty, Tampa Bay, Florida

JD, GRI,CDPE,CIPS

www.BlackburnInvestors.com

727-322-2900

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