Entries by DomresRealEstate

Denver’s condo queen is moving to St. Pete to help reshape national condo policy

Lori Greenly, the founder of Denver High-Rise Living who is known in The Mile High City as the “condo queen,” is moving to St. Petersburg to help evolve accountable condominium policies throughout the U.S. When Surfside’s Champlain Towers South condominium collapsed last summer and killed 98 people, Florida lawmakers responded by creating legislation that would strengthen what’s required of condominium associations, from having enough cash in their reserves to fund repairs to property inspections. It’s…

Exclusive: Tampa developer to build 3,000-home master-planned community in Manatee

A Tampa developer has started construction on a 3,000-home master-planned community in Manatee County. Seaire, as the project has been dubbed, is less than 2 miles east of Interstate 75 on Moccasin Wallow Road in Parrish. One of Metro Development Group's signature man-made lagoons will anchor the 600-acre community. Model homes and a community welcome center will open in 2023, Metro Development Group said. Seaire will open with four builders: Lennar, Biscayne Homes, D.R. Horton and Jacksonville-based…

Over 6,000 new apartments coming to Tampa Bay by year’s end

Developers are expected to deliver more apartment units to the Tampa Bay area in 2022 than they have in the past five years, according to a recent report from RentCafe.com. Tampa Bay has 6,092 new apartments expected to hit the market by the end of this year, according to the apartment listing website run by Santa Barbara-based property technology company Yardi. The Tampa Bay metro ranked No. 20 for the number of projected deliveries nationwide, behind Minneapolis (6,266 units) and San Francisco…

Tampa, Miami top home price hikes

Tampa and Miami have continued to top other metro areas across the country in home-price increases, according to an analysis released Tuesday. The Tampa area had a 35% price increase in June when compared to a year earlier, according to the S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index. Tampa was followed by the Miami area at 33% and Dallas at 28.2%. Tampa and Miami also led other metro areas in April and May. They were the only areas of Florida included in the 20-market analysis.…