So much for the starter house
With inventory tight, home prices high and interest rates rising, many homeowners are giving up on the idea of trading up from the first home they bought.
Author Archive for: DomresRealEstate
Entries by DomresRealEstate
Downtown Tampa apartment tower embroiled in battle over ‘earsplitting’ noise with Franklin Manor
The owners of a 23-story apartment tower in downtown Tampa say several residents have canceled leases and others have refused to renew because of “earsplitting, reverberating noise” from Franklin Manor. Carter, the Atlanta-based developer that built and owns Nine15, has filed a lawsuit seeking both an injunction and damages from the ownership of Franklin Manor, a restaurant and nightclub across North Franklin Street from the tower. “As a result of Franklin Manor's excessive noise, it is more difficult…
Affordable housing becoming less attainable in Tampa
Housing prices in Tampa are on the rise, and a new report from Metrostudy shows that affordable housing is becoming increasingly more difficult to attain. According to the report quarterly new home starts are up 5.3 percent year-over-year. Annual starts are up 6.8 percent, while new home activity is continuing to shift to higher price points as starts under $250,000 are down 8.9 percent from 3Q17 levels. An obvious sign of a slowing market is contraction starting in the upper end, and while…
As Tampa moves toward densification, city council wants to get a handle on shipping containers, tiny houses and downtown parking minimums
As a traditionally car-dependent, sprawling metro, affordable urban housing and rethinking parking minimum requirements aren't issues Tampa has had to confront — until now.
‘Confident’ in Bayshore site slated for 21-story condo tower, South Florida developer closes on land
“We’re that confident in the site and our ability to get through” the public process, one of the developer's executives said.
A fractured condo in downtown Tampa’s Channel district will convert its apartments to for-sale units
The conversion of apartments to condos in downtown Tampa's Channel district is a watershed moment for the city's urban revitalization efforts.
Dark clouds gather over the US housing market
If the fall we are seeing at the top spreads, the impact could be significant.
Creating a standout vacation rental
Here's how to furnish a space that will attract guests — and withstand the wear and tear that comes with them.
Developer pays $2 million for future townhouse site in downtown Tampa (Renderings)
A small townhouse development along one of downtown Tampa's most active construction corridors is moving forward. Ariel Homes has closed on two vacant parcels of land at 205 E. Fortune St., between North Franklin and North Tampa streets. The builder paid $2.15 million for the property, which is around 18,000 square feet. The group is planning 14 four-story townhouses on the site with open rooftop decks, according to plans filed with the city. The homes will range from 1,600 to 3,000 square feet…
Florida mansion, one of most expensive homes in the US, is going up for auction (Photos)
A Broward County mega mansion with its own IMAX home theater and a 20-car garage will be auctioned digitally next month. The property, on Hillsboro Beach's “Millionaires' Mile,” is appraised at $159 million, making it one of the most expensive residential listings in the U.S. Bidding for Playa Vista Isle, which has 11 bedrooms and 22 bathrooms in 58,000 square feet, will open Nov. 12. The sale will be non-reserve, meaning the home will be sold to the the highest bidder on Nov. 15, regardless of…