Exclusive: Developer closes on land for waterfront Clearwater condos
A Clearwater developer wants to create a new waterfront district just north of downtown — beginning with 52 luxury condominiums.
Author Archive for: DomresRealEstate
Entries by DomresRealEstate
With 1,500 units in the works, Channel district’s apartment boom rolls on
Over 1,500 units are spread across four projects in various stages of development.
Residential towers hit construction milestones in St. Pete
Several high-rise construction projects are expected to bring more than 1,000 residential units to St. Pete.
Renters are now the majority in these two Tampa ZIP codes for the first time in a decade
The dream of owning a home is being traded for renting for the first time in 55 years. The latest report from Rentcafe found that renting in the U.S. is at the highest level in half a century, with 43.7 million households living in rentals. For this study, RentCafe looked at renters and owners in 1,553 ZIP codes with a minimum population of 1,000 in 2011 and 2020 across the 50 largest U.S cities. It found 101 ZIPs nationwide that switched from a homeowner to a renter majority from 2010 to 2020. Tampa…
Here are the Tampa Bay counties attracting the most people
Since the Covid-19 pandemic, Tampa Bay has been a popular destination. See where people are moving to the most.
Ranked: 30 housing markets where values are cooling the fastest — or even declining
The national housing market slowdown has been one of the headlining stories of 2022, after a spike in mortgage rates in the spring turned the heat off what had been historic price growth and buyer demand through most of the pandemic.
Gen Z expected to face affordability barriers as they enter housing market
Affordability is the signature challenge of today's housing market — even now, as home prices are being slashed across the country, the hurdles to purchasing a house as a first-time buyer remain high.
Miami, Tampa top home price hikes
The report pointed to a “deceleration” in housing prices.
18-story luxury condo tower tops out in Sarasota
Developer Kolter Urban has topped off Bayso Sarasota, a luxury condominium in The Quay Sarasota Waterfront District. The 18-story tower is located at 301 Quay Commons. It will bring 149 residences to Sarasota’s Arts and Culture District. Bayso is Kolter’s fourth tower in downtown Sarasota. It sold out in 2022, less than a year after its launch. Bob Vail, president of Kolter Urban, said the project has experienced “overwhelming sales success.” The project is expected to be completed in the…
Report: Tampa Bay housing prices up 70% since 2019
Although the housing market is cooling across the nation, home prices in the Tampa Bay area are still far higher than before the pandemic, according to the latest Zillow report. Home sales are slowing down as rising mortgage rates drive up monthly payments. The data shows that newly pending listings nationwide are down 18% from August and 29% since 2021 across the U.S. as affordability challenges mount. Homes in Tampa Bay saw a typical home value of $391,114, a 0.2% decrease since August, but…