Realtor

Rent prices in Tampa Bay, other Fla. cities, fall for the first time since the pandemic

TAMPA, Fla. — The Realtor.com® May Rental Report found renters are beginning to see some relief, with the median asking monthly rent in the 50 largest US metros decreasing -0.5% year-over-year to $1,739.

Rent in the Tampa Bay area saw a decline of -4.0%, while there was a -2.3% decline in the Orlando-Kissimmee-Sanford area.

Nationally, rent prices increased $3 from last month but were down $38 from the July 2022 peak. Realtor.com®’s 2023 Forecast Update predicts that rents will continue to drop, averaging -0.9% from 2022.

“In May, we saw the first year-over-year decline in rents, a sea-change from the

Realtor

Housing affordability isn’t improving soon as the market faces a decade of undersupply, Realtor.com economy says

homeownership expensive

John M Lund/Getty Images

  • Housing affordability isn’t improving anytime soon, Realtor.com economist Danielle Hale says.

  • Hale expected home prices to dip just 0.6% this year, while mortgage rates might only ease to 6%.

  • The tightness in the market can be chalked up to a decade of housing undersupply.

Housing affordability isn’t improving soon for prospective home buyers, thanks to the high cost of borrowing and the undersupply of homes built over the past decade, Realtor.com’s Danielle Hale says.

In an interview with CNBC on Friday, the chief economist pointed to the precarious state of the housing market, with demand far

Realtor

AI Prompt Generator for ChatGPT: One Prompt to Rule Them All!

Did you know? You can use ChatGPT to write its own prompts! It’s actually pretty easy, as simple as copying and pasting. By using the steps below you can get rolling on ChatGPT and find that it will ease up your workload and create some time in your day.

Want to learn more about ChatGPT? Check out this video from our Youtube channel, Passive Income MD!
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Passive Income MD – AI Midweek Mastery: ChatGPT



ChatGPT is great, however….

ChatGPT has been revolutionizing work for everyone. That includes high-income professionals and physicians who are creating passive income

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Journal Club 06-23-23 – Passive Income MD

Here’s Journal Club 06-23-23! Every week, I hold a JOURNAL CLUB. After filtering through the articles on the web, I present a few that impacted my life this week. Be safe and stay well!


  • Over the years, investing in real estate has become one of the most popular investment choices, primarily due to its ability to generate passive income. However, according to The White Coat Investor, there are no income streams that are truly passive. So, how do you decide which real estate investing strategy is the right fit for you? To offer some clarity and guidance on the
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6 Summer Reads for 2023 on Money, Mindset, and Meaningful Relationships

Are you ready to embark on a journey of personal growth with a summer reading list? In this post I will review my top 6 book picks for Summer 2023 that promise to revolutionize your perspectives on money, mindset, and meaningful relationships. As a physician-turned-real-estate-investor, I’ve learned that a well-chosen book can be a game-changer, the deep insights and wisdom that books offer are unparalleled.

You might wonder why you should even bother picking up a book when information is readily available at our fingertips. In our fast-paced, short-attention-span society, why opt for something as traditional as books? It’s quite

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7 Best Homebuying Apps To Help With Your New Home Purchase

SDI Productions / iStock.com

SDI Productions / iStock.com

You can make searching for the perfect home so much easier if you download a homebuying app, but which one should you choose? After all, there are more than a handful available.

See Our List: 100 Most Influential Money Experts
Related:
3 Things You Must Do When Your Savings Reach $50,000

To help you choose a homebuying app that will meet your needs, start by identifying your goals. For example, are you looking for a great neighborhood for families? Or does the ability to view updated listings every 5 minutes sound more your speed? How about

Realtor

Chiefs star Patrick Mahomes has put KC home up for sale. Take a look inside the house

A year ago, Chiefs quarterback Patrick Mahomes mentioned on a talk show that he was building a new home in Kansas City.

The work must be finished at the new Casa Mahomes, because he has put his other home on the market.

The three-bedroom, 3 1/2-bath house is 4,759 square feet and sits on a 1.4 acre lot, according to Realtor.com. It’s being sold for $2.9 million.

Here is a description from Realtor.com: “Right off of Country Club Plaza, this stunning ranch style home is in the sought after subdivision of Sunset Hill. Sitting on over an acre of land,