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New Condo Law Changes in Florida Effective July 1st, 2017 – What You Need to Know!

New Condo Law Changes in Florida Effective July 1st, 2017 – What You Need to Know!

There were several changes made to Chapter 718, the Florida Statute governing condominiums, and all went into effect on July 1, 2017. While not exhaustive, below is a list of July 1 changes that you may find of interest as you look to purchase a condo here in Tampa Bay: 718.111(12)(c)(1) – A unit renter […]

Hillsborough County Remains a Seller’s Market with Low Monthly Supply of Inventory in April

Hillsborough County Remains a Seller’s Market with Low Monthly Supply of Inventory in April

A key metric we like to monitor when looking at the health of the Tampa Bay real estate market is the Month’s Supply of Inventory (MSI). The generally accepted benchmark for a healthy market, one that favors neither the seller or the buyer, is 5.5 months supply of inventory. Anything higher than that would be considered a buyer’s […]