Author Archive for: DomresRealEstate

The Tampa Bay housing market has reaped the benefits of people migrating to the area during the Covid-19 pandemic, but a Redfin report finds that may be coming to an end soon. Areas where home prices soared during the pandemic, such as Tampa Bay, are most likely to amplify the effects of a housing downturn and declining home prices if the economy goes into recession. Redfin analyzed housing markets in the 98 U.S. metros where sufficient data was available using several housing-related indicators…

While downtown St. Petersburg and surrounding neighborhoods have seen an influx of development, new residents and storefronts in recent years, The Deuces has largely been left out of the boom — until now.

A Tierra Verde estate with the largest waterfront footage of land available in the Tampa Bay area has sold to six buyers for a combined $10.45 million. The six lots, which total 2 acres and 680 feet of waterfront, span from 490 Laguna Drive to 501 Barcelona Drive. The property went to market in early 2021, listed for sale by Fallon Arnold and Jennifer Zales, both of Coldwell Banker Residential Real Estate. Arnold is the granddaughter of late AutoTrader founder Stuart Arnold, who started assembling…

A new report from Rent Cafe, a nationwide internet listing service, found that Tampa is the nation’s third best mid-city for apartment dwellers (and 15th among cities of all sizes) for its local economy and quality of life. Still, it isn’t the best for those on a budget. However, the report also looks at how much space a renter could get for a budget of $1,500 a month, around the national average. Tampa ranks as one of the country’s worst for renters, according to the amount of square footage…