Author Archive for: DomresRealEstate

Homebuyers have faced intense competition over the last few years in the red-hot housing market, but a new report shows those times may be waning. The report by Redfin, a technology-focused real estate brokerage, highlights that nationally, 44.3% of the home offers written by Redfin agents faced competition on a seasonally adjusted basis in July, compared with a revised rate of 50.9% one month earlier and 63.8% one year earlier. This is the sixth-straight monthly decline and the lowest share…

A Birmingham developer is planning a complex of built-to-rent cottages and townhouses in Tampa Palms.

Stops all along the SunRunner route are being considered as the next wave of development for the city.

Housing inventory rose for the third consecutive month in July, as active listings were up 30.7%, according to a Realtor.com report. The report highlights that while buyers had nearly a third more for-sale home options in July than in the previous year, competition remained in favor of sellers, with listing prices near all-time highs and homes selling faster than before the start of the pandemic. “The U.S. housing market continues to move toward more evenly balanced supply and demand compared…

The seller was able to acquire more units in the fractured condo after buying the bulk rental units in 2019.