Tampa Bay luxury home sales soar 36%
December 12, 2023 - Redfin recently reported that sales of the region’s costliest homes increased 36% throughout the third quarter - the nation’s largest increase. The online real estate platform’s chief economist said many affluent buyers have the resources to withstand high mortgage rates and costs. The study states that Tampa Bay’s non-luxury housing stock has decreased by 17% as less-affluent homeowners remain locked in place.