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The historic trend of ever-growing demand in real estate is true now more than ever, putting real estate at a premium, especially in Florida. For example, in the greater Tampa market, median housing prices are up 14.3%.
Most people know real estate investment leads to higher returns than the stock market, but they may not realize portfolio diversification is a key element to building wealth. But who can afford to buy real estate in multiple markets? It is possible to build a geographically diversified portfolio for less even a midsize commercial property in most major cities, but especially across Florida.
– Cyndee Woolley, APR, C2 Communications
