Tampa Bay Real Estate & Mortgage Market Update – Week Ending Feb 13, 2026
For context on whether now is a good time to buy, see Redfin’s analysis: Is Now a Good Time to Buy a House?
Market Overview
Valentine’s weekend in Tampa Bay highlights why so many people move here — strong lifestyle
appeal, busy restaurants, and great February weather. The housing market continues to move at a
healthier, more balanced pace with increased inventory and stronger negotiating conditions for buyers.
Market Snapshot
- Inventory: Elevated compared to last year
- Buyer leverage: Increasing
- Days on market: Longer than recent years
- Seller Concessions: Back in play
Source: Zillow Tampa Market Data
Mortgage & Financing Trends
- 30-year fixed-rate mortgage: ~5.85%
- 15-year fixed-rate mortgage: ~5.15%
Fed Watch – What Actually Drives Mortgage Rates
Mortgage rates are not directly tied to the Federal Reserve’s Fed Funds Rate. While the Fed controls
short-term rates, mortgage rates are influenced more by the bond market. The 10-year U.S. Treasury
yield is the benchmark that most closely tracks mortgage rates. With the 10-year currently in the
mid-4% range, mortgage rates have remained relatively stable — making it easier for buyers and
homeowners to plan without sudden surprises.
Community & Lifestyle – Valentine’s Weekend in Tampa
Dining districts like Hyde Park, Downtown, and Ybor City will be busy this weekend. Lifestyle demand
remains one of the strongest long-term drivers of Tampa Bay real estate. People buy homes here not
just for interest rates, but because they enjoy living here.
Local Business Spotlight
The Bricks – Ybor City
Nestled in the historic Ybor City neighborhood, The Bricks blends exposed brick charm and vintage ambiance with the energy of live entertainment and community gatherings.
📍1327 E 7th Ave, Tampa, FL 33605
