St. Petersburg Real Estate Insider: Your January 2025 Newsletter

Welcome to your soothing, bite-sized update on the St. Petersburg real estate scene. Whether you’re buying or selling, relax and let these gentle insights guide your next move.

Steady Price Growth


JP Morgan forecasts a natural 3% rise in home prices, while Zillow sees a modest 0.9% increase. For St. Petersburg, that means stability and gradual appreciation—perfect for long-term planning.

Buyers: Secure your dream home today, knowing your investment is in safe hands.

Sellers: Enjoy the benefits of a slowly appreciating market that enhances your property’s value over time.
Calm in Mortgage Rates

Mortgage rates are currently around 7%, with a slight dip expected to 6.7% by year’s end. The “higher for longer” trend reassures buyers and sellers alike.

Buyers: Lock in a rate now, and consider refinancing later if conditions improve.

Sellers: Your listing remains attractive, drawing in committed buyers ready to invest.
HUD & Affordable Housing: A Soft Shift

While talks of HUD workforce cuts stir the national conversation, the immediate impact on our local market is minimal.

Buyers: Affordable housing programs may adjust—but St. Petersburg’s charm and stability remain.

Sellers: With low new construction, your home’s value is well-protected in our competitive market.
Local Gems & Emerging Trends

Inspired by Miami’s luxury surge and scarce starter homes, St. Petersburg offers a balanced mix that caters to every taste.

Buyers: Discover the appeal of our diverse inventory—from cozy starter homes to elegant waterfront properties.

Sellers: Highlight St. Petersburg’s unique lifestyle, vibrant community, and breathtaking views to captivate potential buyers.

BUYING MY HOME

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SELLING MY HOME

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