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Tampa Housing Market sees dramatic 7-month inventory shift in key areas, revealing crucial changes for buyers and sellers. Real estate expert John Hoffman breaks down the latest November market data for Wesley Chapel, New Tampa, Lutz, and Land O'Lakes. Get accurate resale market insights, separated from new construction data, showing true market conditions. Wesley Chapel and New Tampa both face 7-month inventory levels, while Lutz and Land O'Lakes maintain 4-month supplies. Despite inventory changes, prices remain stable with most current homeowners locked into sub-4.25% mortgages. Learn why new construction's aggressive pricing and incentives are impacting resale markets, with builders offering up to $72,000 off list prices. Discover why this market shift differs from the 2007-2010 housing crisis and what it means for your real estate decisions in Tampa Bay. #realestate #realestatevideo #wesleychapelnewhomes #wesleychapelfloridarealestate #newhomesinwesleychapel CHAPTERS: 00:00 - Introduction 00:42 - Wesley Chapel Real Estate 02:17 - New Tampa Neighborhood Overview 02:53 - Lutz Community Insights 04:01 - Land O' Lakes Market Trends 04:56 - Why Aren't Prices Dropping? Analysis 05:39 - Conclusion and Summary