Mortgage lender adds to layoffs at Clearwater office
The national mortgage lender has slashed more than a third of its workforce this year.Original Article
By the numbers: October housing prices in Florida
The industry group Florida Realtors on Friday released a report that said the statewide median sales price for single-family existing homes in October was $401,990. Here were the median sales prices by metropolitan statistical area:Original Article
Tampa developer sees opportunity in luxury townhouses
A Tampa developer is moving forward with two luxury townhouse projects that he says fill a need in Tampa's residential real estate market.Original Article
Land deal sets stage for hundreds of new apartments in Spring Hill
A developer that's been active in the Tampa area in recent years is planning a new project in Hernando County.Original Article
Where the iBuying model goes after rapidly slowing housing market
The rapid cooldown of the U.S. housing market starting this summer has made the direct-homebuying business model known as iBuying a lot more challenging.Original Article
Gulf front home in Longboat Key sells for $11.5M (Photos)
A beachfront home on the Gulf of Mexico has sold for $11.5 million, becoming the third highest-priced residential sale in Longboat Key's history and the second-highest this year. The 10,000-square-foot home is located at 3105 Gulf of Mexico Drive and features expansive windows, an elevated spa, a waterslide and a rooftop deck. Team Dunn of Michael Saunders & Co. represented the buyers in the sale, which was the highest-priced sale for an agent affiliated with the company’s Siesta Key office. The…Original Article
Davis Islands property that already set one record this year sets another in $9M sale
A waterfront lot on Davis Islands has sold in an off-market, record-setting deal — marking the second time this year that the property set a new high benchmark for residential land in the Tampa Bay market. The vacant lot at 202 Blanca Ave. sold for $9 million to Christian Michalik on Nov. 9, according to Hillsborough County property records. Michalik, the managing director of Kinderhook Industries, was chairman of WellCare Health Plans before it was acquired by Centene. The seller was a Colorado…Original Article
Ohio investor acquires Pinellas apartments for $64 million
The apartments opened in 2022.Original Article
$10M Sarasota beach home set for auction in December
A private residence overlooking the beaches of Lido Key in Sarasota is being auctioned by DeCaro Auctions International. Better known as the "The Pirate House,” the home at 15 N. Polk Drive is designed by DSDG Architects and influences the modern Miami Beach art deco movement. The home includes five bedrooms, five and a half baths, porcelain tile flooring, custom electronic touch and close cabinetry, Wolf appliances, and a quartzite statement island with a waterfall edge. It also includes a…Original Article
40 Under 40 honorees build Habitat for Humanity homes in Clearwater (Video)
The 2022 class of Tampa Bay Business Journal 40 Under 40 honorees recently participated in a Build Day with Habitat for Humanity of Pinellas and West Pasco Counties. The majority of the class worked on two homes next door to each other in Clearwater. “When we got together with Habitat, this was a brainchild like why don’t we do a build, why don’t we do something where we can come together, spend time together, give back to the community and tackle affordable housing? That is one of the…Original Article