Condo association sues developer over luxury Bayshore tower ‘defects’
Condo owners say defects, including missing sealants and separation cracks, have resulted in damage, according to the lawsuit.Original Article
Water Street developer SPP to build hotel, condos in downtown Charleston
For its first project outside of Tampa Bay, Strategic Property Partners will build a luxury hotel and condos in the Holy City.Original Article
See how rents have shifted in Tampa year-over-year
An analysis of rent data collected by Zillow shows the months with the largest percentage increase in median monthly rent price over the past year, with the beginning of the year seeing the highest spikes. The rent increase has caused the average worker in Tampa Bay to work an additional 20 hours to pay rent compared to five years ago. In June, real estate data company Clever released a study showing rent is increasing four times faster than income in America. This has put pressure on civic and…Original Article
22-story mixed-use tower in St. Pete gets key approval
A 22-story tower that will bring a mix of residential and commercial space to St. Pete has cleared a significant hurdle following unanimous approval from city council. The council, meeting as the Community Redevelopment Agency, on Thursday unanimously found the planned $72 million development to be consistent with the Intown Redevelopment Plan. The tower is planned for 511, 533, 543 and 551 Third Ave. S. Plans show the development will have 335 dwelling units, 11,560 square feet of commercial…Original Article
Here’s what economists are predicting for the US housing market in 2023
The level of uncertainty and volatility in key housing-market metrics has economists and forecasters predicting divergent outcomes for the 2023 housing market.Original Article
Stamkos sells waterfront Davis Islands lot for $8 million
Tampa Bay Lightning captain Steven Stamkos has sold off a waterfront lot on Davis Islands for $8 million in an off-market transaction. Stamkos and his wife, Sandra, paid $5.4 million for 210 Blanca Ave. in December 2021. There was a 1960s-built home on the property that has since been demolished. Ally Russell of Keller Williams Tampa Central represented the buyer in the transaction. "Davis Islands continues to be one of the strongest markets to invest in Tampa Bay," Russell said. "These record-breaking…Original Article
Attorney General accuses brokerage of ‘swindling’ hundreds of Tampa Bay homeowners
The attorney general claims the firm's predatory scheme swindled hundreds of Hillsborough County homeowners, and thousands more throughout the state.Original Article
Alabama realty firm acquires Tampa’s Rent it Network
These acquisitions involve three of eight companies that were absorbed within the last six months.Original Article
Two Longboat Key properties set sales records (Photos)
One home features five bedrooms, five-and-one-half bathrooms, two offices, multiple terraces, a waterfront pool and spa, and a five-car garage.Original Article
By the numbers: Home price hikes in Tampa
Miami and Tampa topped other metro areas in home-price increases in September when compared to a year earlier, according to an analysis released Tuesday. Here are year-over-year increases for 20 areas of the country:Original Article