Market Overview 2019
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Located on the west coast of Florida, Tampa Bay is a densely populated metropolitan area, two just to Miami, with a population of more than four million inhabitants. The major cities in this area include St. Petersburg, Largo, Clearwater, New Fort Richie, Holiday and Tampa. Tampa's local economy is worth about $ 130 billion and the metro area is rated as one of the 20 largest growing in the state.
Tampa also has a strong local economy with a strong emphasis on job growth in the areas of STEM, financial services and health. The Greater Tampa Bay Area is consistently ranked among the 20 largest metro areas in the state and with billions of dollars of residential, commercial and infrastructure investment, is one of the engines of the Florida economy. In 2016 alone, the Tampa metro area added 40,000 new jobs to the community and gave it the fastest growth in the state and one of the fastest in the state.
The headquarters of more than 19 companies, with annual revenues of more than $ 500 billion, are listed here in four Fortune XNUMX companies. Tampa has a very diverse economy with financial services, STEM, health services, research, education, tourism / retirement and military bases that all contribute Significant for jobs and growth.
In the first quarter of 2017, 14 venture capital transactions took place in Tampa-Cent. Metropolitan Petersburg-Clearwater; Thus, Tampa became the 24th most active metropolitan area for risky transactions in the first three months of the year, according to PitchBook-NVCA Enterprise Monitor . These transactions totaled $ 54.5 million.
Fun fact: Although it is known for the hot summer, Tampa's official peak has never reached 100 degrees Celsius. The all-time high temperature in the city is 37 degrees Celsius.
Why invest here?
A strong local economy, rapid population growth and a focus on job creation (especially in the STEM, financial services and healthcare industries) are just a few of the many factors that make Tampa a strong market for real estate investment today. This is especially true for investors who want to invest in a fast-growing real estate market while prices are still low, as well as generate a strong cash flow per month and have a good chance of appreciation.
Tampa Trends and Statistics 2018-2019
In this section you will learn about the main factors that make Tampa one of the most powerful real estate markets today, including: job growth, population growth and availability. Check out the trends in the housing, population and employment market in Tampa in the tabs for more information.
Sources of information:
- Real Affiliate Data of a Real Wealth Network
- "The best place to buy a house" - niche
- Ranked # 2 in Best US Real Estate Purchases - Tampa Bay Times
- "The hottest real estate market to watch in 2017" - Forbes
- "Number 8 in the Largest Cities in America" - Forbes
- "# 2 The best city for young entrepreneurs" - Forbes
- "# 2 Best City for Home Buyers for the First Time" - Internal businessman
- "Number 26 in the largest cities" - WalletHub
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Known primarily for its annual balloon fiesta and as part of AMC's performance show "Breaking Bad," Albuquerque, New Mexico, is a metropolitan area rich in culture and naturally beautiful. Albuquerque is also one of the largest cities in the southwest of the city, with a diverse population and some of the leading high-tech research enterprises in the country, including National Sandia Laboratories, Intel and the University of New Mexico. At the same time, its cultural traditions continue to be an integral part of daily life in the city. With one foot in the past, one foot in the present and two eyes for the future, Albuquerque is a fascinating place to visit and an even better place to call home. (Source: (https://www.visitalbuquerque.org/about-abq/history/)
Is there already a strategy session? Visit the investors portal
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Lior Lustig CEO - Overseas Investors Forum
Lior Lustig is an experienced real estate investor who has been active in the field in Israel and the United States since 2007. Lior has extensive experience in purchasing and managing single and multi-family properties.
Lior currently manages the Real Estate Investors Forum, which owns a brand and interest in the real estate field, the Facebook group and the "Real Estate Forum in the United States" website. Lior is versatile in a wide variety of investment markets in the United States and provides solutions to investors through the company.