Happy Thursday!

Is it just me, or does this weekend feel like it’s showing off a little?

We’ve got live music at two of Pasco’s coziest spots—Whiskey Wings and Stirling Wine—plus Sunday baseball in Dunedin to wrap it all up right. (Funk, wine, and hot dogs? Yes, please.)

Meanwhile, Zephyrhills is getting fancy. A $27M members-only social club is on the way, complete with pickleball courts, a yoga lawn, and even a private restaurant. Big resort energy.

And if you’ve been asking “Should I buy a house now or wait it out?”—we’re breaking down what spring 2025 means for buyers, especially here in Florida.

Let’s dive in. ⬇️

—Sean

👀 A $27M Members-Only Social Club Is Coming to Pasco County

Driving the news: A new private social hub called The Landing is being developed in the Two Rivers community of Zephyrhills.

With a $27 million price tag and 23,000 square feet of amenities, the facility is poised to become the go-to destination for upscale recreation and wellness in the area.

Details:

• Expected to break ground mid-2025 and open in late 2026.

• Includes eight lighted pickleball courts, four Har-Tru tennis courts, two pools, and a state-of-the-art fitness center.

• Plans feature a restaurant, private dining room, yoga lawn, kids’ play zone, and event lawn for movie nights and live music.

• Membership is limited to residents of select Two Rivers neighborhoods, with possible future access for a small number of non-residents.

The big picture: This is part of a broader trend where developers are investing in community-centric amenities to meet the demand for inclusive, residential social experiences.

Eisenhower Property Group is betting big on lifestyle infrastructure as a value-add to their housing developments.

Between the lines: The Landing will operate independently of HOAs or CDDs and include a dedicated team for events, lifestyle programming, and culinary experiences, positioning it more as a private club than a traditional community center.

What’s next: Construction begins in 2025, but buzz is already building as residents in neighborhoods like Tamarack and Fairwood anticipate exclusive access to one of the region’s most comprehensive residential clubs.

MORE→

🤔 Buy Now or Wait? What Spring 2025 Means for Homebuyers

Driving the news: Spring has arrived, traditionally the busiest homebuying season, but the 2025 housing market is stalling under economic pressure and affordability woes.

Details:

• The median U.S. home sale price has surged to $438,000, a near-record high.

• Mortgage rates hover around 6.99%, driven by inflation fears and economic volatility.

• Inventory has risen nationwide, with Florida and Texas seeing the biggest boosts in listings.

• Homes are sitting on the market longer, averaging 40 days—a five-year high for April.

Why it matters: For buyers in places like Austin and Tampa, the shift in market dynamics means stronger bargaining power. Increased supply and cautious sellers create space for negotiation—something not seen since early pandemic days.

This presents a real chance for well-prepared local buyers to enter the market with a strategic edge.

The big picture: Despite rising prices, more listings and sluggish demand are creating a rare moment of leverage for buyers, especially those with stable finances.

The economic uncertainty that’s shaking the market is also limiting competition, giving serious buyers a less crowded field.

By the numbers:

• Home prices are up 1.4% year-over-year, and 31% higher than in 2020.

• Redfin forecasts mortgage rates to stay within 6-7% throughout the year.

• Disaster-prone regions, including Florida, are experiencing the highest listing growth.

Between the lines: Market conditions vary widely. The South and much of the West are swinging toward buyers, while the Midwest remains a seller’s arena due to tight supply and strong demand.

What’s next: Watch for the Fed’s next move on interest rates. A cut could lower mortgage rates, but if inflation creeps back, rates might spike again.

Tariffs and geopolitical instability continue to keep economists on edge.

The bottom line: If you're financially ready and plan to stay put for several years, now might be the right time to buy—especially in buyer-friendly regions.

But don’t wait for the “perfect” rate. Prepare, shop smart, and move fast if the right deal pops up.

MORE→

📊 Our Current Local Market Data:

The Tampa Bay housing market is shifting into a more balanced phase after years of rapid growth. As of March 2025, the median home price is $429,575—up 4.5% year-over-year, but with a slower pace than in past years.

Inventory is rising, giving buyers more options, while homes are taking longer to sell, with a median of 33 days on the market. This offers more negotiation power for buyers, especially on listings that have been sitting for weeks.

Despite higher insurance costs and affordability concerns, Tampa remains attractive thanks to its strong job market in healthcare, tech, and finance. The region continues to grow, both economically and in population.

Sellers should focus on competitive pricing and presentation, while buyers now have better leverage. Even with current challenges, Tampa Bay is positioned for steady growth and remains a market to watch in 2025.

If you’re curious how much your home could sell for now, then reply “What’s my home value” or you can get an estimated value here.

Or if you’re just curious about how the current market affects your situation & what’s going on in your specific neighborhood, just reply & ask.

📰 In Other News:

• Pasco County Schools to offer flexible education classes for homeschool families

• Pasco wants eighth graders ready for algebra, seniors set for calculus

• Project Weather: Spectrum Bay News 9 announces 2025 winners

That’s all for today, I hope you have an amazing week!

• a custom market or home value report

• a home services list for a reliable contractor or services professional

• feedback or a professional opinion on a home project

Just let me know! We’re here to help with all your home needs.

Talk soon,

- Sean, and the Bello Home Team

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