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Quality Beats Comps In 2021
With Florida population growing rapidly as we start the 2021 year housing prices are skyrocketing. Not only sale prices but also rental prices as well. One thing I am seeing consistently is properties that have the upgrades or space continue to blast through normal rental comps. Basic 3/1s in Pasco that would typically rent for 1100-1200 are now seeing 1350-1450 with the right finishes. The demand is high if you are an investor... Just keep this in mind as part of your strategy. Has anyone else experienced this in and around Tampa Bay?