Waterfront home sells for highest price ever paid in St. Pete Beach

A beachfront home in St. Pete Beach just sold for $8.2 million, making it the highest-priced residential sale in the area. The home at 2701 Sunset Way went under contract in one day and was sold on Nov. 1. Donna Miller, a Global Luxury Specialist affiliated with Coldwell Banker Realty, represented the seller. Coldwell said it has seen a large number of record-breaking sales throughout Florida over the past year. The sales price breaks down to more than $1,673 per square foot. The home was built…Original Article

Zillow to shut down Zillow Offers, lay off 25% of company

The news is the latest in an abrupt turn of fortune for the Seattle-based company's iBuying service. The move is sure to have ripple effects for housing markets across the U.S., as Zillow has purchased thousands of homes through its Zillow Offers program.Original Article

The housing market is still hot. Here’s the best time of the year to buy.

Buyers are still paying a premium over home values — but some months are cheaper than others.Original Article

Ranked: The 30 metros where apartment demand has rebounded the fastest

The third quarter saw record-levels of apartment demand in the U.S., a much-welcomed comeback for metro areas that've been seismically disrupted by the pandemic.Original Article

Condo development booms in St. Pete, coastal Pinellas

A series of condominium projects have launched over the last few months in Pinellas County, highlighting the growing demand for luxury residential in the area.Original Article

15-story tower proposed near Tropicana Field in downtown St. Petersburg

If approved, 10 buildings will be demolished near Tropicana Field to accommodate a proposed $65.4 million, 15-story mixed-use complex.Original Article

Zombie foreclosures not as widespread as 2008 crisis but could creep up soon

Zombie properties haven't ghosted the housing market completely, but they occupy a much smaller share than in years past.Original Article

Luxury housing market has been strong through pandemic. Pent-up demand from international buyers may soon bolster it.

Despite demand for entry-level and more affordable homes, the luxury housing market in 2020 and into this year has been particularly strong.Original Article

Historic Belleair estate to be auctioned off (Photos)

A historic estate in Belleair is going up for auction online in early November via Interluxe, a luxury real estate marketplace. Known locally as the Palmer Estate, the Mediterranean Revival property at 701 Bayview Drive has a rich history in Pinellas County. It was built around 1920 and was first owned by Earl E. Carley, vice president of the Belleview Biltmore Hotel Co. In 1928, it was sold to Theron Palmer, a “titan of the rubber industry.” The 7,517-square-foot home lies in the Belleair…Original Article

With first-of-its-kind deal, Castor administration makes progress on affordable housing

Mayor Jane Castor, announcing an update on her goal of 10,000 affordable housing units by 2027, says the city's need for more affordable housing is "almost at emergency status."Original Article