Will Tampa Bay Area Carpet Stores Benefit From Increased Home Demand?

Homeowners in the Tampa Bay area, along with many home improvement trades such as carpet stores, remodeling companies, and roofers, may be in line for better days as news comes out that this area of Florida is seeing an increase in home demand. This increase in home demand extends across the entire area of West Central Florida, but the Tampa Bay area is seeing the greatest increase.

In a press release from Coldwell Banker Residential Real Estate LLC, it was reported that because of increased demand for residential housing in the area, Coldwell Banker would be increasing its operations in the same area.

According to Clark Toole, president of Coldwell Banker Residential Real Estate LLC in Florida, a subsidiary of NRT LLC, the largest residential real estate brokerage company in America: “Our company is actively growing operations across West Central Florida, and there is great demand for homes in the surrounding Tampa Bay area, making this acquisition a strategic opportunity for us.”

Source: PR Newswire. NRT’s Coldwell Banker Residential Real Estate in Florida Acquires Clearwater Beach Firm October 07, 2015.

It is a fairly common practice for homeowners to invest in their homes when market conditions are right. One of the most popular, and affordable, investments is the installation of new carpet in the home. With this being the case, it is entirely logical to expect that carpet stores in and around the Tampa Bay area will see an increase in sales. While the term “carpet stores” is a broad term, all types of residential flooring (hardwood, vinyl, and tile) should see an increase in demand.

With all of this in mind, carpet stores in the Tampa Bay area will almost certainly want to stock up on their flooring inventory so flooring systems will be available in their particular carpet store. One such carpet store that is already busy doing this is Bob’s Carpet Mart.