CEO Report | April 8, 2022

This week’s report focuses on the ups and downs, often in extremes that we are currently experiencing. Home prices remain at record highs as a result of ultra tight inventories, but we are seeing significant decreases in mortgage applications as mortgage rates increase. This trend in mortgages is likely to continue if the Federal Reserve…

CEO Report | April 1, 2022

The U.S. is seeing shifts in the housing market as mortgage rates increase. Pending home sales have fallen for four straight months, according to NAR. But what happens from here may remain to be seen.   The hot market has yet to show signs of cooling in Florida as Tampa and Miami joined Phoenix with…

CEO Report | March 25, 2022

At a time when many economists are saying the federal rate hikes aren’t coming fast enough to slow down inflation, analysis of the housing market is decidedly mixed. One thing is clear, most expect rising mortgage rates to boost inventories, which remain historically low.   In a notable exception, Ian Shepherdson, chief economist and founder…

CEO Report | March 18, 2022

In exciting news, Florida’s legislature approved $362 million that will help advance homeownership and other related housing programs. Advocacy by Florida Realtors®, including significant efforts by Greater Tampa REALTORS®, played a large role in this success. This amount includes an astounding $100 million for the Hometown Hero Housing Program, a new avenue of down payment and…

CEO Report | March 11, 2022

In remarkable news this week, explorers found Ernest Shackleton’s ship Endurance in nearly pristine condition 3,000 meters under Antarctic seawater. His story and those of his crew, who all survived a perilous journey, is not only one of endurance, but also courage and conviction. Important lessons for today. Prompted by Russia’s invasion of Ukraine, the…

CEO Report | March 4, 2022

Greater Tampa REALTORS® stands with the people of Ukraine in their unflinching defense of their families, home, and freedom itself. If you feel compelled to give, the National Association of REALTORS® suggested the following organizations, which are mobilizing across Ukraine and its neighboring countries: International Committee of the Red Cross, UNICEF, and Doctors Without Borders.  The…

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GTR to Close Zephyrhills Office

Zephryhills office shifts to only virtual services Today there are more ways to connect and communicate with Greater Tampa REALTORS® than ever before – website, live chat, social media, video conferencing, email, phone and more. We are excited to have the resources needed to serve our members in ways that work best for their lifestyles. But – it has meant…

Greater Tampa REALTORS® Voices Support for Asian Community and Members

With the rise in crimes against the Asian American and Pacific Islander (AAPI) community, the Greater Tampa REALTORS® (GTR) wants to reiterate our commitment to a world without discrimination and violence.   GTR is proud that Tampa is one of the most diverse cities in the country, and the AAPI community is an integral contributor…

In-Person Member Services Resuming April 1!

We’re happy to announce that beginning Thursday, April 1, Greater Tampa REALTORS® will resume walk-in member services support. Committees, classes and events will remain virtual at this time until the recommended CDC and local guidelines for safe gatherings are expanded. We will also be following the CDC’s recommended guidelines to keep you and staff safe. In addition, we are…