Michelle Rumore is Senior Director of Market Analytics at CoStar and Homes.com, where she analyzes residential and commercial real estate conditions across the Tampa Bay, Lakeland, and Southwest Florida region. She focuses on pricing, leasing, and sa...
Michelle Rumore is Senior Director of Market Analytics at CoStar and Homes.com, where she analyzes residential and commercial real estate conditions across the Tampa Bay, Lakeland, and Southwest Florida region. She focuses on pricing, leasing, and sales trends, as well as other real estate and broader economic developments that shape local market performance.
Michelle has nearly 15 years of experience in real estate research, having previously served as Senior Manager and Florida Research Lead at JLL and holding research roles at Cushman & Wakefield.
She earned a Bachelor of Science in Real Estate from Florida State University. Michelle regularly presents on market trends to groups such as CCIM and the Society of Real Estate Professionals (SOREP). She has been quoted extensively in the Tampa Bay Times, the Tampa Bay Business Journal, and the Wall Street Journal.
The Tampa Bay region, including Hillsborough and Pinellas counties, led the state of Florida in both percentage and nominal job growth for several sectors in 2025, according to the most recent ...
The Fort Myers multifamily market has been in the throes of a supply and demand imbalance for the better part of four years. As vacancies have risen, landlords have responded by lowering asking rents ...
Tampa Bay’s multifamily market enters 2026 at a crossroads, with vacancy rates climbing to a record 10.7%, the highest level since CoStar began tracking the market in 2000.
The Tampa Bay office sector enters 2026 after its strongest leasing year in a decade. The market recorded approximately 7.3 million square feet of leasing activity in 2025, surpassing seven million ...
Tampa Bay surpassed $5.5 billion in total sales volume across the four main commercial real estate property types of office, industrial, retail and multifamily in 2025.
Fort Myers’ industrial market is entering 2026 with its highest vacancy rate in over a decade, sitting at 8.8%. However, signs indicate a gradual decline in the vacancy rate over the coming quarters, ...
Lakeland has one of Florida’s smallest major multifamily markets with just under 35,000 units. The region’s population has grown significantly over the past five years, increasing by nearly 20% or ...
Tampa Bay’s medical office market continues to outperform its traditional office counterpart, even as recent closures by large physician groups have led to a temporary softening in fundamentals.
A disparate group of markets has emerged as the top performers for the small bay industrial sector, albeit based on different factors. The standouts include Richmond, Virginia; Tampa, Florida; ...
Tampa Bay’s office vacancy is increasingly concentrated in a small subset of aging buildings located in outer suburban areas, underscoring the market’s ongoing flight to quality.
Florida’s largest industrial real estate markets are showing signs of divergence in the fourth quarter of 2025, with the I-4 Corridor experiencing renewed momentum in large-logistics leasing, while ...
Tampa Bay’s office investment sales volume reached approximately $785 million through the end of the third quarter of 2025, marking a 10% increase over the same period last year.
Tampa Bay is leading Florida in office leasing activity, with tenants increasingly gravitating toward newer, high-quality buildings. The market’s momentum is driven by a flight to quality, as four- ...
Tampa Bay continues to attract robust retail investment deals, ranking as the retail market with the second most transactions in Florida through this year’s third quarter.