New indicators show the Covid-19-fueled housing market may have peaked
Some new data points show the hot housing market may have hit a peak. Here's what has changed.
Author Archive for: DomresRealEstate
Entries by DomresRealEstate
After selling off one house on Davis Islands, Lightning’s Stamkos buys another nearby
The Tampa Bay Lightning captain and his wife are behind another big real estate transaction on Davis Islands.
Real estate tech company raises more than $300M, expects to hire hundreds in Florida
The San Francisco-based company opened a Tampa office in July and will use a portion of the funding for hiring locally.
180M people could be looking for homes in coming years. What it means for already-hot U.S. housing market.
Recent reports and surveys show a desire among millennials, as well as renters in other generations, want to be homeowners. But circumstances are making things a little difficult.
More questions than answers for renters, landlords after Supreme Court blocks federal evictions moratorium
The U.S. Supreme Court last week struck down a national ban on evictions reinstated by the Biden administration after an initial moratorium instated in 2020 expired July 31. Meanwhile, only a fraction of federal dollars earmarked for rent relief — totaling nearly $47 billion — has been released, creating anxiety about a wave of evictions.
See where St. Pete, Tampa rank among affordable cities for homeownership
According to the study, which looks at the 100 largest cities in the country, Tampa residents would spend approximately 40.52% of income on homeownership.
Some areas with high risk of climate impacts posting double-digit growth. Will housing market eventually shift?
Climate change is becoming an increasingly important factor in the housing market, with major residential real estate websites now including “climate risk” among data points provided to prospective buyers. But that's not stopping buyers from purchasing homes in some of the most climate-averse places across the country — at least, not yet.
Supreme Court ends Biden’s eviction moratorium
The Supreme Court has rejected the Biden administration’s latest moratorium on evictions – putting hundreds of thousands of tenants at risk of losing shelter, while the administration struggles to speed the flow of billions of dollars in federal funding to people who are behind in rent because of the coronavirus pandemic and its associated economic hardship.
Staying put in the hot housing market? Refinancing just got cheaper.
The elimination of a controversial fee could spark more interest in refinancing. Here's what homeowners need to know.
How 3 real estate companies grew more than 1000% in 3 years
Inc. Magazine's 2021 ranking of the 5,000 fastest-growing private businesses in the U.S., known as the Inc. 5000, was released last week. The companies on the list classified in the real estate industry collectively saw three-year median growth of 155% and $11.7 billion in revenue.