Tampa Bay's real estate market in 2026 is not the same market that existed in 2021, 2019, or even 2023. The forces reshaping it – insurance costs, storm risk repricing, interest rate normalization, and the legal aftermath of the Surfside condominium collapse – are structural, not cyclical.
If you've ever spent $10,000 on a kitchen update only to have an appraiser ignore it because your roof has black algae streaks, you're asking the right question – just a little late.