How Irma Affected the Tampa Real Estate Market

We’re excited to announce that we’re starting a new video series here on our blog. We’re calling it “The Duo Talks” and here we’ll be answering all of your great questions. The first one is, “What impact have you seen on the Tampa real estate market from Irma?”

One of the struggles in our market right now is the residual emotional hangover from the storm that has led to a few weeks of inactivity. From a damage standpoint, we were fortunate enough to not see too big of an impact other than the big piles of brush and lack of power for some for a while.

We expect to see a bit of a rebound in the fourth quarter.

Realistically, we did see a lull in the market for a few weeks. There were a lot of contract cancellations during this time. Frankly, people were so focused on the news that they weren’t paying attention to real estate.

We expect to see a bit of a rebound here in the fourth quarter of 2017 because of the recent slowdown. Overall, it’s just a blip on the radar. A small short-term impact that will be relatively negligible.

If you have any questions for us in the meantime, or you have any real estate needs that we can assist with, give us a call or send us an email. We look forward to hearing from you.

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