This development — which will be entirely made up of affordable and workforce housing — is the first to be approved under the new ordinance that allows affordable housing projects to be built in non-residential zoned areas.Original Article
More of the same was delivered in the U.S. housing market last month, with March 2022 being the hottest market on record.Original Article
A Michigan church appears to be the buyer of a palatial Avila estate sold by Tampa Bay Buccaneers co-owner Darcie Glazer Kassewitz and her husband. A deed filed Wednesday in Hillsborough County shows that the Kingdom of God Global Church in Taylor, Michigan, paid $8.3 million for the 28,893-square-foot main house and a 2,620-square-foot guest house. The church also secured a $4.9 million mortgage from an entity linked to Miami Beach-based Crosby Capital. The church's address on the mortgage is…Original Article
The research team surveyed 12,000 people in 26 metro areas.Original Article
A New Jersey-based private equity firm purchased apartments in Tarpon Springs on March 30 and a private investor purchased the Genesis Apartments in Clearwater.Original Article
We live in interesting times, for sure. When the inflation number comes in at 8.5 percent higher than last year, and the highest since 1981, we sit back and say — that was expected. But what may not be expected is the ripple effect on the economy.Original Article
Skyrocketing home prices and rising mortgage rates have made relocating to a more affordable area the only viable option for some prospective homebuyers. New data by the realty company Redfin shows people were on the move during the first quarter. The company’s report shows that 32.2% of people using its website were looking to relocate to a different metropolitan area, that's up from 31.5% a year earlier and up significantly from 26% in 2019, before the coronavirus pandemic. The Tampa-St. Petersburg-Clearwater…Original Article
It's not unusual for tax-assessed values to lag behind market trends, whether home values are going up or down.Original Article
The developer of the Reflection Condominiums has purchased property from BridgePoint Church.Original Article
A waterfront estate on Bayshore Boulevard in St. Petersburg is listed for sale at $6.75 million. The nearly 6,500-square-foot home is in the Shore Acres enclave and has panoramic bay views. Located at 3119 Bayshore Blvd. NE, the house comes with 159 feet of water frontage and deepwater access. Built in 2015 by Jimmy Brattain of DesignWorks, the home has seven bedrooms and seven and a half baths. The current owners, Gagandeep and Mona Mangat, bought the property where the house sits in 2008 for…Original Article