Report: Tampa ranks as one of the least affordable U.S. housing markets
Tampa ranked in the top 20 of the least affordable housing markets in the nation according to the RealtyHop Housing Affordability Index. The study examined the 100 most populated cities in the U.S. to provide an index of housing affordability and homeownership burden. To calculate the index, the following statistics were used: Projected median household income Median for-sale home listing prices via RealtyHop data Local property taxes via American Community Survey census data Mortgage expenses,…Original Article
Mortgage lenders are holding out hope that the spring homebuying season will be robust following a collapse in activity last year after interest rates doubled.
Luxury golf and equestrian communities are in the works for the site, which is directly south of the Pasco County line.
The development is planned for Sunset Point Road near the Serena by the Sea condominiums.
Local and national thought leaders shared strategies on bringing more density to Tampa Bay.
Lawmakers started moving forward Thursday with a proposal that could lead to renters paying non-refundable monthly fees instead of security deposits.
Atlanta-based Pulte Homes will use the acreage to add approximately 100 more homes to its Pasco County development.
The bill would provide incentives for private investment in affordable housing and encourage mixed-use development in struggling commercial areas.
Tampa Bay Lightning owner Jeff Vinik has purchased the top-floor penthouse at the Tampa Edition for $8.34 million. The 6,887-square-foot condo spans the entire 26th floor and has a large outdoor terrace. According to a Hillsborough County deed, the sale closed on Jan. 30. The sale price breaks down to approximately $1,211 per square foot. David Moyer, director of sales for Smith & Associates Real Estate, said this is the most expensive condominium sold in the Tampa Bay market. The Tampa Edition,…
The pandemic caused a shift in Americans looking to relocate, with many families opting to move in search of more space, lower cost of living, or where remote work was becoming more prominent. The latest data from the National Association of Realtors shows that 26 states experienced an influx of people, with more people moving in than out, while 25 states lost movers. Florida saw an influx of 318,855 net domestic migration gains in 2022. Positive net domestic migration and positive net international…