Real Estate Pulse: Tampa’s Rental market is on fire! Act on it or the property will be gone in a flash!
Real Estate Pulse: Tampa’s Rental market is on fire! Act on it or the property will be gone in a flash! SI Real Estate is a full service real estate boutique in Tampa Bay, including property management. We have seen a significant increase in rental activity since February, 2015. As the year has progressed, so has the interest in Tampa’s rental market! Right now, our agents are finding that rental listings are gone in a New York minute. We are receiving calls and emails from an abnormal amount of new residents relocating to our area, causing the demand to drastically outweigh the supply. This trend has not gone unnoticed by property developers in the area especially our urban core. They are purchasing land and building multifamily high end rentals, rather than luxury apartments or condos for sale. Jeff Vinik has been at the forefront of this new demand. Starting with revitalizing the Channelside District. The city of Tampa an...