Construction trade group: Public funding likely to bolster industry in 2023

It's widely expected across the U.S. construction industry that public-sector projects will help fill an expected gap from the private side this year, but more clarity is being sought for major federal legislation and spending earmarked for infrastructure projects.Original Article

Construction begins on Largo affordable housing development

Construction has begun on the Seminole Square Apartments affordable housing project in Largo. The project will bring 96 affordable units to 2005 Seminole Blvd. and is being developed by Archway Partners. It is a public-private partnership supported by partners in the Advantage Pinellas Housing Compact, an agreement that local governments created to tackle countywide housing. Seminole Square Apartments will have one- and two-bedroom apartments for families and individuals with an income ranging…Original Article

Report: Tampa Bay luxury home sales see the biggest decline in a decade

Luxury home sales in Tampa Bay have declined to one of the lowest marks in the decade, according to the latest report from the real estate website Redfin. Nationally, luxury home sales in the U.S. sank 38.1% annually during the three months ending Nov. 30. The decline eclipses the 31.4% drop in sales in the mainstream market for the same time period, which is a record, according to data going back to 2012. Tampa Bay luxury home sales saw a 43.8% decline from last year, with a median home sale price…Original Article

From a USF athletics district to luxury homes, these are the most-read stories in 2022

From luxury home sales to a multimillion-dollar athletic district, here are the most-read stories of 2022.Original Article

Miami, Tampa top home price increases

Miami and Tampa topped other metro areas in home-price increases in October when compared to a year earlier, though prices are weakening across the country, according to an analysis released Tuesday. The Miami area had a 21% year-over-year increase, while the Tampa area had a 20.5% increase, according to the S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index. The Charlotte, North Carolina, area was third-highest with a 15% increase. But the report, which provides data on 20 metropolitan…Original Article

By the numbers: November housing prices in Florida

Here were the median sales prices in November by metro.Original Article

Former Lightning player sells Davis Islands home for $6.7M

A home on Davis Islands in Tampa that has belonged to two former Tampa Bay Lightning players has been sold.Original Article

Report: Florida rental rates increased 4% in 2022

Rents rose 4% in Florida this year, despite rent has decreased 1% since June.Original Article

Tierra Verde waterfront estate sells for $11.75 million

The six-bedroom home has views of the gulf and a plethora of outdoor amenities.Original Article

Q&A: Mayor Ken Welch on St. Pete’s ups and downs in 2022 and what’s ahead for 2023

St. Petersburg Mayor Ken Welch is wrapping up his first year in office — a year filled with headline-making decisions and significant shifts in the market. In the first 10 months in office, he led the charge for a hard reset. He canceled a proposal to redevelop the Municipal Services Center, rejected Moffitt Cancer Center’s project in downtown St. Pete, killed Dynasty Financial Partners’ plan to redevelop property near Tropicana Field and restarted the RFP process to redevelop the 86-acre…Original Article