Tracking the housing impact of households moving from pricey coastal markets to boom cities

Several metropolitan areas across the United States are seeing a radical shift in their housing landscapes because of relocations from higher-cost markets.Original Article

Denver’s condo queen is moving to St. Pete to help reshape national condo policy

Lori Greenly, the founder of Denver High-Rise Living who is known in The Mile High City as the “condo queen,” is moving to St. Petersburg to help evolve accountable condominium policies throughout the U.S. When Surfside’s Champlain Towers South condominium collapsed last summer and killed 98 people, Florida lawmakers responded by creating legislation that would strengthen what’s required of condominium associations, from having enough cash in their reserves to fund repairs to property inspections. It’s…Original Article

Exclusive: Tampa developer to build 3,000-home master-planned community in Manatee

A Tampa developer has started construction on a 3,000-home master-planned community in Manatee County. Seaire, as the project has been dubbed, is less than 2 miles east of Interstate 75 on Moccasin Wallow Road in Parrish. One of Metro Development Group's signature man-made lagoons will anchor the 600-acre community. Model homes and a community welcome center will open in 2023, Metro Development Group said. Seaire will open with four builders: Lennar, Biscayne Homes, D.R. Horton and Jacksonville-based…Original Article

Over 6,000 new apartments coming to Tampa Bay by year’s end

Developers are expected to deliver more apartment units to the Tampa Bay area in 2022 than they have in the past five years, according to a recent report from RentCafe.com. Tampa Bay has 6,092 new apartments expected to hit the market by the end of this year, according to the apartment listing website run by Santa Barbara-based property technology company Yardi. The Tampa Bay metro ranked No. 20 for the number of projected deliveries nationwide, behind Minneapolis (6,266 units) and San Francisco…Original Article

How Covid-19 migration, housing trends will remake the suburbs

Migration and suburbanization trends observed since the onset of the Covid-19 pandemic are closely tied to housing, as households seek inventory and affordability and, perhaps, have new priorities since the pandemic.Original Article

Tampa, Miami top home price hikes

Tampa and Miami have continued to top other metro areas across the country in home-price increases, according to an analysis released Tuesday. The Tampa area had a 35% price increase in June when compared to a year earlier, according to the S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index. Tampa was followed by the Miami area at 33% and Dallas at 28.2%. Tampa and Miami also led other metro areas in April and May. They were the only areas of Florida included in the 20-market analysis.…Original Article

National multifamily developer expands to Florida with St. Pete office

This is the third regional expansion for the national multifamily developer in under a year.Original Article

New York proptech company moves to region, opens Odessa HQ

The company's 7,000-square-foot space will serve as a home base for the company's 120+ employees.Original Article

Adjustable-rate mortgages are on the rise, but borrower profile has changed

Adjustable-rate mortgages are more popular this summer than they've been since right before the Great Recession.Original Article

By the Numbers: July home prices in Florida

The industry group Florida Realtors released a report last week that said the median sales price for single-family existing homes in July was $412,303. Here were the median prices in the state’s metropolitan statistical areas:Original Article