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.
Author Archive for: DomresRealEstate
Entries by DomresRealEstate
Q&A: Economic developer J.P. DuBuque on how to pitch St. Pete amid a rising cost crisis
St. Petersburg is no longer a cheap, sleepy retirement haven. Here's how the city's economic development chief pitches the Sunshine City in the wake of massive rent growth.
Affordable housing developers seek exemptions for seven St. Pete projects
Allowing the projects to be exempt from the program would expedite the delivery of nearly 400 proposed units.
Exclusive: Tampa proptech startup doubles head count, triples office space with expansion
About a year after proptech company iApartments launched from stealth mode with three of Tampa Bay’s serial entrepreneurs behind the wheel, the company is hitting a growth spurt. iApartments has doubled its head count from 2021, up to 40 full-time employees — with half of those being local — and roughly 80 contractors. It also is nearly tripling its office space with a headquarters expansion. It has space in downtown Tampa, spanning 2,100 square feet in the Fifth Third building. However,…
Rental climate puts homeowners, HOAs on a collision course
The latest Consumer Price Index (CPI) reveal translates at least one important element — housing costs continue to inflict inflationary pressures on the economy. But there is an undercurrent brewing in the housing market.
St. Pete’s BayFirst Financial shutters national mortgage lending business
BayFirst Financial is closing its national residential mortgage loan production network five years after establishing the business division.
Clearwater Beach estate sells for $4.8 million
The two-story home has undergone some major renovations during the last two years.
Western US continues to lead in home price, value declines
After a slowdown in buyer activity starting in late spring, home price and value drops are being observed more frequently across the country.
Homebuying competition eases as values decrease for the second month in Tampa Bay
This is the largest monthly decline since 2011 and follows a 0.1% decrease in July.
Florida’s new condo laws could open up coastal redevelopment opportunities
Colliers launched a project management arm to help condo associations navigate Florida's new law. But some associations, they say, may not be able to come up with new reserves requirements. That could open up prime redevelopment sites, particularly in coastal areas.