Senate president: Homeowner insurance ‘crisis’ must be tackled
Senate President Wilton Simpson on Thursday said his chamber continues to make the state’s property insurance market a priorityOriginal Article
Archive for month: February, 2022
Citizens eyes rate hikes, grapples with growth
Preparing to approve proposed rate increases, leaders of Citizens Property Insurance Corp. expressed continued frustration Tuesday at rapid growth in the state-backed insurer — and that rates aren’t higher.Original Article
Senate, House weigh property insurance fixes
Homeowner insurance premiums are soaring.Original Article
Report: Busy housing market has led to surge in equity-rich homes
The gap between equity-rich homes and those considered underwater widened at the close of 2021.Original Article
Amid surge in loan activity, City National Bank of Florida adds 16 members to its residential lending team
The bank plans to add another 25 lenders in early 2022.Original Article
$93M Jordan Park redevelopment officially underway in St. Pete
Jordan Park, a historic affordable housing development in South St. Petersburg, is facing its first significant redevelopment in more than two decades.Original Article
Republic Bank extends a lifeline to low-income homebuyers amid Tampa Bay’s housing affordability crisis
Republic Bank is the latest to tackle Tampa's housing affordability crisis for low-income buyers.Original Article
Tampa proptech startup iApartments sued for alleged copyright infringement by Texas competitor
The Texas companies claim iApartments made false claims and created products that infringed on its own similar home devices.Original Article
Homebuilders go big on land-banking strategy amid hot market
Land banking and option agreements for lot control among builders isn't new but residential real estate giants are increasingly employing those strategies to de-risk their balance sheets as the housing market remains on fire.Original Article
Tampa Bay metro homes have seen a $200 billion increase in the last decade
The latest Zillow report indicates that 2022 could be a sellers market.Original Article