Exclusive: Auburndale estate is most expensive Polk home ever listed for sale (Photos)
A lakefront estate in Auburndale is on the market for $6.25 million — making it the most expensive home ever listed for sale in Polk County. The home at 501 Adams Barn Road sits on 44 acres on Lake Van and has 2,300 feet of Lake Frontage, according to Premier Sotheby's International Realty. Sotheby's agents Louise Richer of the Winter Park office and Raj Goyal of the Southwest Orlando office are listing the property for sale. A corporate entity linked to John Jerue Trucking in Lakeland has…Original Article
The goal of a proposed 20-year mortgage initiative is to close racial homeownership gaps and allow borrowers to accumulate equity twice as quickly. Here are the details.
The number of homes selling above listing price is slipping in yet another sign the red-hot housing market is cooling off.
Home prices have been on the rise over the past year in the Tampa-St. Petersburg-Clearwater metro area despite a 32.4% decrease in inventory overall. According to data from Florida Realtors, Tampa-St. Petersburg-Clearwater, Lakeland-Winter Haven, and North Port-Sarasota-Bradenton all saw at least a 20% increase in median sales price. While new listings are gradually increasing, there is still a noticeable gap from this time last year. "The data shows that new listings continue to increase, which…
It's not uncommon to hear about bidding wars for homes in today's housing market. But "leasing wars" for rental units are popping up in some cities as demand for multifamily housing remains high.
A developer has purchased the long-watched Cone estate on the South Tampa waterfront and plans to build nine single-family homes on the property. Steven Anthony Luxury Homes paid $12.75 million for the 4.32-acre property at 5108 W. Leona St. in Belmar Shores on Sept. 16, according to Hillsborough County property records. The site will be redeveloped to accommodate nine lots; while the builder initially planned 10 homes on the property, one buyer has reserved two of the lots, said Jeff Shelton, a…
Flippers are still making tens of thousands of dollars selling houses, but the evolving housing market is eating away at their profit margins. Here's what's driving the trend.
The housing market has been on absolute fire, especially since the Covid-19 pandemic. When the pandemic first hit home in the United States in March 2020, there was an immediate slump in homebuying activity as shelter-in-place orders and other government mandates were issued. Schools, offices and other public spaces closed, and everyone hunkered down for a wildly uncertain future. Predictions that the U.S. housing market would come back in the summer and continue into the fall of last year came…
Cooling temperatures usually signal a cooling housing market. Does that hold up in the wild housing market of the pandemic?
Small is still big for some real estate developers, despite macro changes from the Covid-19 pandemic where "more space" has widely been viewed as a bigger priority in housing decisions.