“Florida, in general, can be risky right now, as home prices are dropping in certain areas. Tampa has a strong market though,” Fortune said, noting that the average Tampa home price is around $320,000.
“Many people are moving to Tampa for its warm weather and job opportunities. This means home prices are likely to go up, making it a good place to invest in a home,” Fortune added.
With a growing economy, pushed by the finance, healthcare and tourism sectors, in addition to its desirable climate, Tampa has grown as a hotspot in affordable real estate, in Adde’s professional opinion.
“This is further enhanced by the ongoing urban development and the low cost of living that makes this city so attractive to homebuyers,” Adde said.