Exclusive: St. Pete-based home services provider acquires two local companies
These are the first two acquisitions by the company.Original Article
Archive for month: May, 2022
National rollout of HUD funds includes millions for Tampa Bay
The U.S. Department of Housing and Urban Development's fiscal 2022 formula grant programs will dole out billions across the country — and millions into the Tampa Bay region. The Community Development Block Grant, HOME Investment Partnerships and the Housing Trust Fund represent the largest formula grants. Recipients here include: Hillsborough County: $10.98 million (total across all formula grants) City of Tampa: $10.09 million Polk County: $5.86 million Pasco County: $4.54 million Pinellas…Original Article
Moffitt Cancer Center reveals more details of proposed downtown St. Pete development
Moffitt Cancer Center presented new details to a St. Pete committee.Original Article
Formula One racing legend buys Belleair waterfront home for $5.3M
A Belleair home on Belleview Island has sold for $5.3 million to Nigel Mansell, who won 31 Formula One races. The 5,296 square foot home, located at 430 St. Andrews Drive, was built in 1989 and has five bedrooms and four and a half baths. Sitting on a 0.9-acre lot, the home has a three-car garage and lies in a gated waterfront community on a private island. The island has 31 homes total, and this estate comes with a boat dock with two lifts. The home also has views of the Belleair Country Club.…Original Article
More renters are renewing leases as US apartment market continues to tighten
More renters are opting to stay put in their current units as rental rates continue to soar and inventory remains constrained.Original Article
When is the best time to sell a home? It’s coming up fast.
A new study shows the best days to sell a home for more than 10% above market value. The best day of the year is coming up soon.Original Article
Tampa Bay’s multifamily market ‘still has room for rent growth’
Investors are interested in apartment properties in the Tampa area because rents are at all-time highs, driven by a post-Covid influx of new residents.Original Article
Inside Asher, the Water Street tower with the smallest residences and biggest amenities
When plans for the tower that would become Asher in Water Street Tampa went public in 2019, developer Strategic Property Partners billed it as the district's option for "price-conscious renters" — one that would have the smallest units but with a big amenity package that more than made up for it. Three years and one global pandemic later, Asher opened in one of the hottest real estate markets in history, with 386-square-foot studio apartments starting at more than $2,000 per month. Asher is home…Original Article
Tampa Bay housing market shows no signs of slowing down, latest study finds
The U.S. housing market is slowly rebounding, according to the latest data from Realtor.com, but the story is different in Tampa Bay. An increase in the number of midsized homes could mean more listings are available for families wanting to upgrade from starter homes, which could turn into an uptrend for first-time buying options, according to the report. Active listings overall posted the smallest year-over-year decline (-12.2%) since December 2019, according to the Monthly Housing Trends Report. In…Original Article
US housing market starts to shift from pandemic frenzy but not evenly across markets
With mortgage rates rising and home-price appreciation continuing, there may finally be enough forces to slow the pandemic-fueled booming housing market.Original Article