Lightning’s Steven Stamkos sells Davis Islands home in near-record deal
It is the third-highest sale in Hillsborough County history and is the latest in a string of headline-making home sales on Davis Islands.Original Article
Archive for month: August, 2021
Overheated real estate market begins to cool
Economists say there are some signs the housing market is starting to cool.Original Article
Housing vacancy rates nationwide have fallen. These areas saw the biggest decreases.
Out of about 140.5 million housing units across the United States, about 9.7% are vacant — down from the 11.4% seen in 2010, according to new data from the U.S. Census Bureau. That is still higher than the overall vacancy rate was in 2000, when it was about 9%, according to the data. The states with the largest drops in vacancy rates were Nevada, which fell from a 14.3% vacancy rate to 8.1%, along with Arizona, which fell from 16.3% to 12.2% and Florida, which fell from 17.5% to 13.5%. To be…Original Article
Tampa Bay rent affordability expected to drop by end of 2021
Mortgage payments are expected to take up a bigger chunk of homeowners' income across the country and in Tampa Bay by December.Original Article
After Surfside, questions around commercial buildings and business model of condo associations are brought to forefront
The June 24 tragedy that left nearly 100 dead after a condo building collapsed in Surfside, Florida, has prompted swift review of condo-building reviews, talk of new legislation and more questions than answers.Original Article
Tarpon Springs equestrian estate hits the market for $9.9 million
The property last sold in 2020 and ranked among Tampa Bay's highest-priced home sales for the year.Original Article
U.S. adds millions of housing units. But only some states and cities gained ground.
The South and West were big winners when it came to new housing. Here's who gained and lost, according to the just-released Census data.Original Article
Home values in low-income areas of Tampa Bay rise, lag behind national median
The decade-long nationwide housing boom has allowed low-income areas keep pace with nationwide home trends, though home prices in these areas are still below the national median.Original Article
Homebuyer pessimism continues to rise while some buyers may be looking to exit housing market
Little inventory, record-high home prices, deep-pocketed investors and not enough new construction may be pushing some buyers to leave the housing market.Original Article
How pandemic population shifts have changed housing landscape in secondary markets
Gateway markets in New York and California, unsurprisingly, saw the biggest out-migration last year, during the height of the Covid-19 pandemic. So which areas gained?Original Article