November 20th, 2025

Tampa Metro

Tops Nation 

In Housing Distress

As foreclosure rates climb across the United States, Florida has emerged as the hardest-hit state, and Tampa is at the center of the surge. Tampa ranked first among large metro areas, with one in every 1,373 housing units in Tampa had a foreclosure filing in October, according to ATTOM Data, a real estate analytics company. 

But there is some good news—while these foreclosure increases sound dire, the rates are “well below historic highs. Foreclosure rates today are drastically lower than in 2010, which was the peak of the U.S. foreclosure crisis. The national rise in foreclosures does not reflect a collapse, but a return to more typical levels.

 Mortgage Rates 

Show Little

Movement

Mortgage rates have been shifting within a narrow ten-basis point range over the last month. This rate stability is a positive sign for both buyers and sellers, as it helps provide greater certainty in the housing markets.

For Sale

Condos on the Gulf

Condos on the Bay

Waterfront Homes

Belleair Homes

Seminole Homes

Income Properties

Doiron Realty Services
Pete Doiron
Broker

727-391-2829

© 2025 Doiron Realty, Inc.

18395 Gulf Boulevard Suite 203

Indian Shores, FL 33785

November 13th, 2025

Luxury Real Estate 

Market to Swell 

to More than 

$338 Billion by 2030

While the national housing market continues to struggle with affordability constraints and elevated mortgage rates, the luxury segment is booming, and projected to reach a total value of more than $338 billion by 2030.

The luxury market is expected to grow by nearly 3.2%, driven by buyers flush with cash and a massive intergenerational wealth transfer, according to a new report from Mordor Intelligence.

The region is expected to post the fastest growth at a rate of 3.32% by 2030, led by Florida, Georgia, and the Carolinas—states offering a winning combination of low-income-tax policies, year-round warm weather, and luxury lifestyle amenities.

About half of homes priced between $2 million and $5 million, and over 65% of properties priced between $5 million and $10 million were cash transactions so far this year.

Source: Mordor Inteligence

 Mortgage Rates 

Remain

Flat

Rates for the 30-year and the 15-year fixed-rate mortgage essentially remained flat this week, but purchase activity increased, which is encouraging

For Sale

Condos on the Gulf

Condos on the Bay

Waterfront Homes

Belleair Homes

Seminole Homes

Income Properties

Doiron Realty Services
Pete Doiron
Broker

727-391-2829

© 2025 Doiron Realty, Inc.

18395 Gulf Boulevard Suite 203

Indian Shores, FL 33785

November 6th, 2025

US Appeals Court 

Florida can ban 

Chinese Citizens 

from buying property

• Ruling could encourage other US states to adopt similar laws
• ACLU argued Florida law discriminates against Asians
• DeSantis said 2023 law meant to deter Chinese Communist Party influence
•  

A U.S. appeals court on Tuesday cleared the way for Florida to enforce a law restricting real estate and land purchases by Chinese citizens, rejecting claims it violates federal law and discriminates against Asians.

The 2-1 ruling by the Atlanta-based 11th U.S. Circuit Court of Appeals could encourage other states to adopt so-called alien land laws, which were once common but fell out of favor a century ago. Lawmakers in more than 30 states have passed or introduced bills restricting foreign property ownership.

The 11th Circuit said four Chinese citizens represented by the American Civil Liberties Union lacked legal standing to sue over Florida’s 2023 law because it only applies to people “domiciled” in China, and they have lived in Florida for years.

The court also rejected claims that provisions of the law requiring Chinese citizens to register their properties with the state conflict with a federal law governing foreign investments and were improperly motivated by racism against Chinese people and Asians.

Source: Reuters

 Rates Remain

Near 2025 Lows

This week the 30-year fixed-rate mortgage averaged 6.22%. On a median-priced home, this could allow a homebuyer to save thousands annually compared to earlier this year, showing that affordability is slowly improving.

For Sale

Condos on the Gulf

Condos on the Bay

Waterfront Homes

Belleair Homes

Seminole Homes

Income Properties

Doiron Realty Services
Pete Doiron
Broker

727-391-2829

© 2025 Doiron Realty, Inc.

18395 Gulf Boulevard Suite 203

Indian Shores, FL 33785

October 30th, 2025

Zillow Market Heat Index

Zillow economists use an economic model they call the Zillow Market Heat Index to gauge the competitiveness of housing markets across the country. This model looks at key indicators—including home price changes, inventory levels, and days on market—to generate a score showing whether a market favors sellers or buyers. 

Higher scores point to hotter, seller-friendly metro housing markets. Lower scores signal cooler markets where buyers hold more negotiating power.

Data indicates we are back to pre-pandemic market levels

70 or higher = strong sellers market

55 to 69 = sellers market

44 to 55 = neutral market

28 to 44 = buyers market

27 or below = strong buyers market

Source: ResiClub

65% of Transactions 

On Pinellas Beaches 

Are Cash Deals 

Mortgage Rates

Continue to Trend Down

Mortgage rates decreased for the fourth consecutive week. The last few months have brought lower rates and homebuyers are increasingly entering the market.

For Sale

Condos on the Gulf

Condos on the Bay

Waterfront Homes

Belleair Homes

Seminole Homes

Income Properties

Doiron Realty Services
Pete Doiron
Broker

727-391-2829

© 2025 Doiron Realty, Inc.

18395 Gulf Boulevard Suite 203

Indian Shores, FL 33785

October 23rd, 2025

Baby Boomers Hold 

Over Half of 

Americas Wealth

Baby Boomers hold $83.3 trillion in assets, over half of all U.S. household wealth.

Gen X accounts for $42.6 trillion, more than the combined $37.2 trillion held by the Silent Generation, Millennials, and Gen Z.

Millennials and Gen Z together hold just $17.1 trillion, making up 10.5% of total wealth—despite being the largest cohort by population size.

• Although Boomers make up less than 20% of the population, they own nearly 41% of all real estate in the U.S., according to a new report.
• Real estate accounted for 22.7% of Boomers’ total wealth.
• Gen X owns 12.2% less real estate compared to Boomers at the same age, per the report.

Source: visualcapitalist

Mortgage Rates

Decrease to Lowest 

Level in Over a Year

Mortgage rates continued to trend down this week, hitting their lowest level in over a year. At the start of 2025, the 30-year fixed-rate mortgage surpassed 7%, while today it hovers nearly a full percentage point lower. This dynamic has kept refinancings high, accounting for more than half of all mortgage activity for the sixth consecutive week.

OPEN HOUSE

Sunday October 26th

1:00 to 4:00

15000 Gulf Blvd. Unit 408

Madeira Beach, FL 33708

Ocean Sands

Direct Gulf Front

2 Bedroom – 2 Bath

Nortthwest Corner Unit

Fourteen Day Minimum

$825,000

For Sale

Condos on the Gulf

Condos on the Bay

Waterfront Homes

Belleair Homes

Seminole Homes

Income Properties

Doiron Realty Services
Pete Doiron
Broker

727-391-2829

© 2025 Doiron Realty, Inc.

18395 Gulf Boulevard Suite 203

Indian Shores, FL 33785

October 16th, 2025

Powell Seals 

Another Rate Cut

 Will it Spark 

The Housing Market?

Fed Chair Jerome Powell sent a clear message Wednesday, reiterating that the Federal Reserve is still leaning toward lower rates—and for the sluggish U.S. housing market, that could be the break it’s been waiting for. According to CME Fed-Watch data, markets now price in a near certainty of another 25-basis-point cut at the Oct. 30 meeting, with 95% odds of a second cut in December bringing the federal funds rate closer to 3.50%-3.75%.

Mortgage Rates Still a Barrier

Mortgage rates have hovered north of 6% for nearly three years. While this level is far off the pandemic-era lows, it remains high enough to keep activity subdued, with buyers constrained by affordability issues and mortgage lock-in effects.

Source: Fidelity.com

Mortgage Rates

Decrease

Mortgage rates inched down this week and have held relatively steady over the past several weeks. Importantly, homeowners have noticed these consistently lower rates, driving an uptick in refinance activity. Combined with increased housing inventory and slower house price growth, these rates also are creating a more favorable environment for those looking to buy a home.

Just Listed

15000 Gulf Blvd. Unit 408

Madeira Beach, FL 33708

Ocean Sands

Direct Gulf Front

2 Bedroom – 2 Bath

Nortthwest Corner Unit

Fourteen Day Minimum

$825,000

For Sale

Condos on the Gulf

Condos on the Bay

Waterfront Homes

Belleair Homes

Seminole Homes

Income Properties

Doiron Realty Services
Pete Doiron
Broker

727-391-2829

© 2025 Doiron Realty, Inc.

18395 Gulf Boulevard Suite 203

Indian Shores, FL 33785

October 9th, 2025

Cash Buyers

Call The Shots

As mortgage interest rates stay stubbornly above 6%, all-cash offers remain highly attractive, particularly at the two extremes of the market: the most affordable and the luxury segments. Nationally, roughly a third of all homes sold during the first half of 2025 were paid for in all cash, down just 0.6% from the same period a year ago, according to a new report on all-cash trends from Realtor.com®. Cash had its biggest moment at the height of the COVID-19 pandemic, when competition among buyers reached a fever pitch and many shoppers resorted to making all-cash offers as a way to win bidding wars. That’s because cash buyers typically can come to the closing table faster and sidestep appraisal or financing contingencies—an attractive proposition for sellers looking to seal the deal as quickly as possible. Additionally, as mortgage rates began climbing in mid-2022, cash offers emerged as a way for deep-pocketed buyers to dodge steep borrowing costs.

Source: realtor.com

Mortgage Rates

Move Down

The 30-year fixed-rate mortgage increased again this week but remains below its 52-week average of 6.71%. The last few months have brought lower rates and as indicated by the recently reported increase in pending home sales, homebuyers are feeling more confident to get into the market.

Just Listed

13336 Gulf Blvd. Unit 101

Madeira Beach, FL 33708

Chambre

Direct Gulf Front

2 Bedroom – 2 Bath

Southwest Corner Unit

Seven Day Minimum

$825,000

For Sale

Condos on the Gulf

Condos on the Bay

Waterfront Homes

Belleair Homes

Seminole Homes

Income Properties

Doiron Realty Services
Pete Doiron
Broker

727-391-2829

© 2025 Doiron Realty, Inc.

18395 Gulf Boulevard Suite 203

Indian Shores, FL 33785

October 2nd, 2025

Fed Shutdown 

and Real Estate

Waterfront buyers could face delays during shutdown. The National Flood Insurance Program expired, freezing new policies and potentially delaying mortgages, home sales, and housing programs, especially in Florida. As of Oct. 1, the National Flood Insurance Program (NFIP) cannot sell new or renew flood insurance policies. However, existing NFIP policies will remain in effect until their expiration date, and claims will continue to be paid as long as FEMA has the funds on hand.

Source: floridarealtor.com

Mortgage Rates

Increase

The 30-year fixed-rate mortgage increased again this week but remains below its 52-week average of 6.71%. The last few months have brought lower rates and as indicated by the recently reported increase in pending home sales, homebuyers are feeling more confident to get into the market.

Open House

Sunday October 5th 

1:00 to 4:00

Lighthouse Point

Direct Gulf Front

2 Bedroom – 2 Bath

1,220 Square Feet

Completely Updated

Excellent Financials

$865,000

For Sale

Condos on the Gulf

Condos on the Bay

Waterfront Homes

Belleair Homes

Seminole Homes

Income Properties

Doiron Realty Services
Pete Doiron
Broker

727-391-2829

© 2025 Doiron Realty, Inc.

18395 Gulf Boulevard Suite 203

Indian Shores, FL 33785

September 25th, 2025

All 4 Major Florida 

Housing Markets 

Favor Buyers

Florida’s red-hot COVID-19 pandemic housing boom is giving way to something not seen in years: a buyer’s market. Miami. Orlando, Jacksonville and Tampa have all crossed into buyer-friendly territory, signaling a dramatic shift in bargaining power and a new chapter for the Sunshine State’s housing market. The population growth into the Sunshine State has slowed, and housing inventory has started to climb. Homes are also sitting on the market for longer, and sellers are more willing to reduce prices, or even delist, when they can’t get the offers they want. Nationally, housing supply hovers near five months. Tampa is at 6.3 months of supply. The state now accounts for more than 167,000 active listings—about 15% of all homes for sale nationwide, despite making up only 6.7% of the U.S. population.

Florida has more active listings than any other state, with Texas second at nearly 140,000 and California a distant third at 77,000.

Source: realtor.com

Mortgage Rates

Inch Up

Mortgage rates decreased yet again this week, prompting many homeowners to refinance. In fact, the share of mortgage applications that were refinances reached nearly 60%, the highest since January 2022.

Just Listed

Lighthouse Point

Direct Gulf Front

2 Bedroom – 2 Bath

1,220 Square Feet

Completely Updated

Excellent Financials

$865,000

For Sale

Condos on the Gulf

Condos on the Bay

Waterfront Homes

Belleair Homes

Seminole Homes

Income Properties

Doiron Realty Services
Pete Doiron
Broker

727-391-2829

© 2025 Doiron Realty, Inc.

18395 Gulf Boulevard Suite 203

Indian Shores, FL 33785

September 19th, 2025

Number of 

Average Days 

To Sell

By State

Single-family homes are taking longer to sell in the South than in the rest of the country, with listings in Florida, Mississippi, and Louisiana sitting idle on the market for a record 91 days before going under contract. The number of days homes spend on the market before going under contract has been rising steadily since April 2024. 

Why Is the South Faring Worse?

The South experienced a boom in housing demand during the pandemic home-buying frenzy, as the region saw an influx of newcomers coming from more expensive markets who had been freed by the rise of remote work.

At the time, many moved to these states because they were more affordable, had better weather, and a lower tax environment. But the addition of so many people had the unwanted consequence of sending home prices in these markets through the roof, hurting locals’ ability to buy.

Source: ResiClub

Pinellas County 

Kicks off $125M Beach 

Renourishment Project

The onetime $125.5 million beach renourishment project mostly funded with Pinellas County bed tax dollars kicked off this week with 80% of the temporary easements needed. The project encompasses 9 miles of beach from Sand Key in Clearwater south to Upham in St. Pete Beach. All of the sections will be worked on at the same time to complete the project as fast as possible.

The beach renourishment project costs $125.5 million, with $11 million coming from state grants and $114.5 million coming from the Tourist Development Tax collected from overnight visitors.

Normally, the Army Corps of Engineers would pay for more than 60% of the project, but the agency has been locked in a standoff with Pinellas County since 2015 over perpetual easements from homeowners. 

Source: Tampa Bay Times

Mortgage Rates

Continue to

Move Down

Mortgage rates decreased yet again this week, prompting many homeowners to refinance. In fact, the share of mortgage applications that were refinances reached nearly 60%, the highest since January 2022.

Coming Soon

Lighthouse Point

Direct Gulf Front

2 Bedroom – 2 Bath

1,220 Square Feet

Completely Updated

Excellent Financials

$865,000

For Sale

Condos on the Gulf

Condos on the Bay

Waterfront Homes

Belleair Homes

Seminole Homes

Income Properties

Doiron Realty Services
Pete Doiron
Broker

727-391-2829

© 2025 Doiron Realty, Inc.

18395 Gulf Boulevard Suite 203

Indian Shores, FL 33785