Even real estate investors report feeling more pessimistic about housing-market prospects

Small-scale real estate investors are feeling pessimistic about their prospects in the housing market as inventory constraints continue to plague buyers of all shapes and sizes.Original Article

Homeownership less affordable than any point in last 13 years

Single-family homes are less affordable across the country than at any point in the last 13 years. About 75% of counties across the country are less affordable than the historical average during the third quarter of 2021, according to data from national property database Attom Data Solutions LLC. That’s up up from 56% of counties in the third quarter of 2020 and marks the worst rate since 2008. That means 430 out of 572 counties analyzed in the third quarter of 2021 are less affordable than…Original Article

High-profile real estate team welcomed by Compass

Compass is proud to have the Hughes Shelton Group aboard, led by founders Mike Hughes, Jeff Shelton and Christine Mastrilli. Hughes Shelton represents over $1.6 billion in real estate transactions in Hillsborough and Pinellas Counties, and 25 years of award-winning service excellence. The Hughes Shelton Group was the No. 1 sales team in Hillsborough County with their previous broker, Coldwell Banker. The team was ranked No. 1 small team in Tampa/West Central Florida as well as No. 2 in the state…Original Article

23-story condo tower moves forward in downtown St. Petersburg

The Nolen is built to maximize privacy, its developers said.Original Article

Student-housing sector back in session with occupancy growth, institutional investors after rocky 2020

After what was perhaps the weakest fall on record last year for student housing, the sector is picking up steam again as the fall 2021 semester is in full swing.Original Article

Rhode Island developer pitches midrise with small, furnished units in downtown Tampa

"In the Northeast, when I tell people we’re going to Tampa, they say, 'Oh, we’ve heard so many great things,'" developer Chris Bicho told the Business Journal.Original Article

Former Clearwater mobile home park will soon be the site of nearly 400 apartments

The mobile home park made headlines in 2019 after being ordered to close.Original Article

Exclusive: Ritz-Carlton Residences developer has presold an $11 million penthouse

Related Group, which plans to begin construction on the Ritz-Carlton by year's end, is aggressively looking for more dirt in Tampa Bay. President Jon Paul "JP" Perez says Related sees plenty of runway for growth in this market.Original Article

If interest rates rise in 2022, could that tamp down the U.S. housing market?

The Federal Reserve last week signaled it could begin hiking interest rates in 2022, but officials are divided on whether increases will come next year or in 2023.Original Article

Exclusive: Bucs co-owner Darcie Glazer Kassewitz lists Avila estate for sale (Photos)

Glazer Kassewitz and her husband bought the property out of foreclosure in 2014.Original Article