Saint Petersburg/Tampa is in every top ten list for highest 2023 appreciation!

[Dillon Currier]

Hey everyone!  I've been a broker/agent/investor for 22 years, with 25 of my own investments.  I own a brokerage in Boston and have lived in St Pete, FL the last 8 years.  I've never seen a city transform like this.  EVERYONE that visits wants to live here.  Not only is it great for retirees, but there is a massive community with young professionals, which most cities in Florida do not have.  For me, it's easily the coolest city in the state, and it's not even close.  Reminds me of Austin a bit with all the live music, breweries, art shows, restaurants, downtown area (of course beach area too), amazing new Pier, etc.  My personal home almost doubled in value in 2 years and while many markets have gone down the last 6 months, we've been mostly flat.  I feel like there's so much migration happening here that we are going to continue to be a top market in the US going forward, with great opportunity for investors.  Personally, I'm betting my own money on it, looking for investments now that our inventory has creeped up to about 4 months supply, which is still pretty low compared to most markets.  If anyone wants to talk about St Pete or Boston area real estate reach out anytime.  

Here are some links to articles I found when I searched top real estate areas for appreciation in 2023: 

1. https://www.doorloop.com/blog/best-real-estate-markets-2022
2. https://www.poplarhomes.com/real-estate-investment/best-locations-to-invest-in-rental-property-in-2023/
3. https://www.bizjournals.com/tampabay/news/2023/02/27/tampa-bay-one-of-the-top-places-for-relocation.html
4. https://www.mashvisor.com/blog/best-places-for-buying-investment-property/

[Josh Green]

@Dillon Currier

Any investor listening to any real estate podcasts has heard or will continue to hear, about Florida and within that a lot of Tampa/St Pete. There's incredible demand here and growth, yet most of Florida and this area included, has really only just begun on a national stage.

I took an investing aggressively here - I grew up in a top 10/top3 metro the past decade and what this place has in affordability, opportunity, amenities and population growth projections is unmatched. I personally think the greater Tampa bay area is going to be a top 5 metro in appreciation over the next 10-15 years, likely to end up averaging high 9s-low 12s in percent growth annually.