The typical Tampa Bay homebuyer must earn greater than they might have final yr to purchase a house on this housing market.
In 2022, homebuyers in Tampa Bay needed to make a yearly revenue of $74,000 to afford a house, in keeping with luxurious actual property firm RubyHome. However because the housing market fluctuates, that quantity is now $113,000.
To search out these numbers, the corporate used year-over-year comparisons of median residence costs and rates of interest, taxes and insurance coverage calculations to generate month-to-month mortgage fee…
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