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The Tampa area had a 28.1 percent increase in home prices from October 2020 to October 2021, while the Miami area had a 25.7 percent increase.
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Gov. Ron DeSantis effectively lost $232,000 by selling his Ponte Vedra home a year before the pandemic caused housing prices to surge across the United States.
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Tampa has nearly 4,000 units of affordable housing in its near future, according to one housing official.
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Housing prices aren't expected to drop significantly during the COVID-19 pandemic. The group Florida Realtors says that's because builders have been cautious since the last recession. They've built fewer homes, and right now, Florida has a statewide shortage.