Tampa Bay home shoppers seek affordability, do not find it

Tampa Bay home shoppers are coming up short. According to home search data from realtor.com, the average median listing price for houses in the Tampa-St. Petersburg-Clearwater metropolitan area is $274,950. That is 5.5 percent (or $15,050) higher than the average median search price of $259,900. The gap in Tampa Bay is not as bad as the nationwide gap of 9.1 percent ($27,000) between the median search price of $288,000 and median listing price of $315,000. The greater the gap, the higher the frustration. “Entry-level…Original Article

Tampa Bay’s multifamily market is still on fire

From new towers to reviving aging properties, there’s no shortage of interest in Tampa Bay multifamily real estateOriginal Article

Zillow economist: Tampa Bay housing market is showing signs of slowing along with rest of U.S.

Home values in Tampa Bay and across the U.S. fell for the second straight month in May — and while the declines are slight, a Zillow economist says it could be the beginning of a return to a more normal housing market.Original Article

Temple Terrace apartments fetch more than $200,000 per key

Apartments around the Tampa Bay region continue to be a hot asset class.Original Article

Fractured Carrollwood condos sold for $52.25 million

A Massachusetts group with properties throughout Florida has acquired the bulk of units in a fracture condo in the Tampa suburbs.Original Article

​Dozens of nursing homes with HUD-backed mortgages have ‘serious deficiencies’

Dozens of the worst-run nursing homes in the United States have mortgages guaranteed by a federal agency that mostly stopped inspecting such homes several years ago.Original Article

Investors flip housing markets, and home buyers are reeling

A confluence of factors — rising construction costs, restrictive zoning rules and shifting consumer preferences, among others — has already led to a scarcity of affordably priced housing in many big cities. Investors, fueled by Wall Street capital, are snapping up much of what remains.Original Article

Clearwater has its fair share of baby boomers, but not millennials

Something must be in the water in Clearwater. According to a study from RentCafé, the third city in the Tampa-St. Petersburg-Clearwater metropolitan area is the only Bay area city that is in the country’s top 20 for cities with the largest share of the baby boomer cohort. In fact, it is one of only four Floridian cities in the top 20. Clearwater’s 5,243 baby boomers in the 33761 ZIP code account for 26 percent of its population, making it the city with the 19th-largest number of baby boomers…Original Article

Business of Pride: Smith & Associates Real Estate

Each year, the company's sponsorship goals are centered around enhancing the local community in three core areas: arts, equal rights and healthy living.Original Article

US homebuilder confidence falls for first time this year

U.S. homebuilder confidence unexpectedly fell for the first time this year in June due to concerns over trade and rising construction costs.Original Article