Covid-fueled migration brought people — and problems — to America’s mountain towns

Mountain towns like Sun Valley, Idaho, and Bozeman, Montana, are seeing a surge of people and home values. But the trend is also bringing new problems and accelerating old ones.Original Article

Hillsborough, Pinellas, St. Pete and Tampa win rental assistance money

The U.S. Department of the Treasury has highlighted the Hillsborough County government for its outreach strategy to mitigate evictions during the ongoing housing crisis. The reward? An additional $2.55 million to help pay the rent for about 500 families. The money will be available to spend in March, according to a county spokesperson. St. Petersburg also received $2.55 million, and Pinellas County received $1.34 million from this round of funding through the Emergency Rental Assistance Program,…Original Article

Archway Partners nears construction milestone for affordable housing project in Largo

The company is building 96 affordable housing units on Seminole Boulevard.Original Article

Tampa Bay home equity continues to increase, despite home prices declining

Tampa Bay homeowners saw the value of their homes increase over the last two years, with historic growth over the past few years. Real estate data platform ATTOM released its quarterly home equity report to see which states had the largest share of equity-rich homeowners in the third quarter of 2022. Despite the growth in home prices slowing in the second half of last year, most American homeowners still saw home equity increase. Households are considered equity rich, or "house rich," when the…Original Article

Newly built St. Pete studio apartments sold, to become short-term rentals

DevMar Development has sold The Metro, a newly built 100-unit residential project in St. Petersburg’s Edge district, for $28.2 million. Mark DeMaria, CEO of St. Pete-based DevMar, confirmed to the Tampa Bay Business Journal that the seven-story building was sold to a private investment firm, which has offices throughout the U.S. and London, Luxembourg. Jad Richa, managing director of Capstone Apartment Partners Florida, was the broker for the transaction. According to Richa, the sale price was…Original Article

Top floor penthouse at The Grande on Sand Key sells for $5 million

The penthouse has panoramic views on Sand Key.Original Article

Miami, Tampa atop home price increases

While home prices are decreasing, Miami and Tampa Bay are still among the top in the nation.Original Article

Are buyers already coming back into the housing market?

Since the start of the new year, there's indications buyers may be — albeit slowly — reentering the housing market, owing in part to mortgage rates that've stabilized since 2022's volatility.Original Article

The Residences at 400 Central developer says ‘everything is a go’ for St. Pete tower

The New York developer came to town on Saturday and hinted that availability — both for residences and office space — is quickly running out.Original Article

Blue Sky Communities to break ground on $27M affordable apartment complex in Winter Haven

The Central Florida city is expected to see 88 new units for those earning less than 80% of area median income.Original Article