Author Archive for: DomresRealEstate

Tampa Bay home shoppers are coming up short. According to home search data from realtor.com, the average median listing price for houses in the Tampa-St. Petersburg-Clearwater metropolitan area is $274,950. That is 5.5 percent (or $15,050) higher than the average median search price of $259,900. The gap in Tampa Bay is not as bad as the nationwide gap of 9.1 percent ($27,000) between the median search price of $288,000 and median listing price of $315,000. The greater the gap, the higher the frustration. “Entry-level…

Home values in Tampa Bay and across the U.S. fell for the second straight month in May — and while the declines are slight, a Zillow economist says it could be the beginning of a return to a more normal housing market.

A Massachusetts group with properties throughout Florida has acquired the bulk of units in a fracture condo in the Tampa suburbs.

A confluence of factors — rising construction costs, restrictive zoning rules and shifting consumer preferences, among others — has already led to a scarcity of affordably priced housing in many big cities. Investors, fueled by Wall Street capital, are snapping up much of what remains.