BayFirst reports dozens of layoffs in Clearwater mortgage production office
The layoffs follow a significant drawback in demand for residential mortgages since the start of the year.
Author Archive for: DomresRealEstate
Entries by DomresRealEstate
Rebuilding after Hurricane Ian could exacerbate construction supply, labor shortages
Hurricane Ian is likely to place further strain on the shortage of building materials and construction labor in Florida.
Hurricane Ian could be second costliest storm in history
Early estimates of damages to insured property put Ian only behind Hurricane Katrina in costliness.
The varying destruction in Hurricane Ian’s wake comes down to construction codes
Aerial photos showing seemingly random destruction in Ian's wake — a house still standing next to one that was washed off its foundation — can largely be attributed to construction codes that changed after Hurricane Andrew, real estate executives in Southwest Florida told the Tampa Bay Business Journal.
New York investor acquires fractured condos in Palm Harbor for $22.5M
The company purchased 161 of 248 units at Harbourtowne at Country Woods.
Pessimism abounds for proptech investors, startups as access to capital gets tougher
The outlook for the property technology, or proptech, sector has become much bleaker this year after a record-setting 2021.
Davis Islands home sale is a new record
The home went on the market in June.
Inaugural St. Pete issue puts the spotlight on the Sunshine City
St. Petersburg has transformed from a sleepy retirement haven to a vibrant, artsy city home to top-tier restaurants and museums.
Veteran developers have a vision for a new district on St. Pete’s Central Avenue
Real estate developers have long considered Central Avenue the “spine of St. Petersburg” — and with some big investments in the pipeline, there are more vertebrae to come.
Lennar lowers home prices in most markets as rates rise
One of the nation's largest homebuilders is walking away from some land purchases as new orders fall and cancellations rise.