Lennar has had to be aggressive in pricing in Tampa Bay — and buyers are responding
Lennar has sacrificed profit margins on homes to keep sales going.Original Article
Archive for month: March, 2023
Meet Mattamy Homes, a 2023 Best Places to Work honoree
Mattamy builds houses and communities for people to call home. The company launched in 1978 and builds new home communities to in top locations, including Lutz, Odessa, Riverview, Sun City Center and Wesley Chapel.Original Article
Affordable housing project proposed for Clearwater ‘eyesore’ lot
A developer wants to build 40 apartments on just over an acre of vacant land in Clearwater.Original Article
Three groups bid on Tomlinson building redevelopment for Pinellas County Schools workforce housing
Pinellas County Schools is looking to redevelop a historic building into housing for teachers and staff. Here's what three development teams envision on the property.Original Article
Tampa Bay rents continue to rise above national average
Rents nationwide are starting to level out, according to a new report from the real estate company Redfin. Still, Tampa Bay residents won’t catch that break as rents continue to rise locally. The national median rent is up just under 2%, which the company said was the smallest increase since May 2021. High housing costs, inflation, recession fears and a slowdown in household formation have made people less likely to move, hindering the demand for new leases. The report shows that rent, while…Original Article
Tampa Bay homeowner ‘wealth gains’ among the nation’s best
The average Tampa-St. Petersburg-Clearwater home prices have doubled in the last five years.Original Article
Homeownership gap between Black, white Americans continues to widen
The National Association of Realtors recently found the homeownership rate of Black Americans has only grown 0.4% in the past decade and is nearly 29 percentage points less than white Americans, making it the largest Black-white homeownership rate gap in a decade.Original Article
Exclusive: Inside a Tampa developer’s plans for the 5,400-acre Two Rivers master-planned community
Developer Jeffrey Hills sat down with the Tampa Bay Business Journal to talk about The Stewards at Two Rivers, a luxury golf community that will extend Two Rivers southward into Hillsborough County.Original Article
Dr. Kiran Patel demolishing Indian Rocks Beach motel to make way for luxury condos
The project is in early stages, but Patel would like to see it go vertical by the end of Q3.Original Article
43rd floor St. Pete penthouse under contract for more than $5 million
Condo tower The Residences at 400 Central is under construction in downtown St. Pete.Original Article