Silver lining amid stock market plunge: Record-low interest rates

Tampa Bay’s housing market is booming, and recent corrections in the stock market may not have much of an impact on the area’s real estate frenzy.

That, according to three experts in the field interviewed by 10News on Monday, the same day the Dow dropped 2,000 points in reaction to the coronavirus outbreak and a collapse in oil markets.

With estimates showing close to 200 people moving to the Tampa Bay area every day, the area’s housing market is thriving. And record-low interest rates present opportunities for anyone looking to take advantage.

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