Tampa Continues to Be Top Choice For Investment and Relocation

Posted Jul 11, 2008 @ 9:36 pm, Viewed by 201 Visitors, Read 218 Times.

We know that now is a great time for buyers to buy thanks to the high inventory of houses and lower home prices.  It is also a great time for foreign investors to invest for the same reasons above, plus the low value of the American dollar.  But why choose Florida?  Additionally, specifically where in Florida are the investment dollars well spent?  Tampa Florida is a city on the rise.  Its population growth, constantly expanding commerce, attractions, benefits and excellent school district make it a premier place to live and consequently, a solid place to invest.

Foreign Investors: Check this out: Investing in Tampa made Simple

Tampa is part of Hillsborough County and is located two hundred miles northwest of Miami, along the west coast.  It is the third most populous city in Florida and despite that high population manages to run smoothly thanks to the amazing cooperation and motivation of the Government, businesses, and citizens to work together and keep Tampa one of the best places to live. Tampa residents are part of the Hillsborough County School District which has a 79% graduation rate and was ranked number twelve out of the twenty five best high schools according to Newsweek Magazine.   Tampa taxes are the fifth lowest in the country and Yahoo Real Estate even named Tampa the eighth cleanest city in the United States.

Tampa economy is based on tourism, agriculture, construction, finance, health care, government, technology, and real estate.  Having suffered successes and losses throughout history, with regards to economic stability and productivity, Tampa’s close proximity to Cuba lead to cigar manufacturing which boomed from the late 1800s to a peak in 1929.  The Great Depression slowed down the cigar business just in time for shipping and eventually tourism to take over.  Today, Tampa is home to several Fortune 1000 Companies, has many tourist attractions including Busch Gardens Africa, and Adventure Island, and has the second biggest cruise ship travel business in the state. 

Tampa experienced another growth spurt in 1988, which continues today, which started with the development of the 24 square foot mile area known as New Tampa.  Responsible for 52% of Tampa’s growth, New Tampa is still building new subdivisions, home and business districts. 

With an annual population growth of two percent, low taxes, award winning schools, affordable housing, exciting attractions and nightlife, and thriving employment, it is easy to see why Tampa, Florida continues to be a top choice for home buyers and investors. 

See What's in it 4U: Buyers | Sellers | Investors

Tampa4U Team | 813.671.6657 | Tampa Real Estate | Tampa MLS
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