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In Menlo Park, Facebook is building a real community and testing the proposition: Do people love tech companies so much they will live inside them?Original Article

Rents in Tampa Bay are increasing faster than the national average

Renting is getting much more expensive in Tampa Bay cities. RENTCafe's February 2018 Apartment Market Report shows renters in St. Petersburg saw the 16th-highest year-over-year increase in average rent among the 250 cities included in the study. While St. Petersburg's increase of 7.1 percent was the highest in the region, all of the Tampa Bay cities included in the report showed an increase higher than the national average of 2.7 percent. The cities included are Tampa (5.2 percent), Lakeland (6.5…Original Article

Harbour Island is the best place to live in Florida, according to Niche

Tampa is home to some of the best neighborhoods in the country, according to research and review site Niche. Three local neighborhoods ranked in the top 50 in the country in Niche's 2018 Best Places to Live in America report. Harbour Island was the highest-ranked local neighborhood, at No. 14, followed by Spanishtown at No. 27 and Courier City/Oscawana at No. 50. Niche uses a variety of sources, including federal and local government data, proprietary data and community reviews from each area.…Original Article

Caspers’ acquisition of historic Bayshore estate is top residential sale in Tampa history

Tampa's Casper family officially owns the historic Bayshore estate that they plan to convert to a private social club. The Caspers' $9.5 million acquisition of the Stovall-Lee estate, at 4621 Bayshore Blvd., is the highest priced home sale in Tampa history and the third highest for all of Pinellas and Hillsborough counties. The deal closed Monday. A home in Belleair sold for $11.2 million in April 2017; a Belleair property fetched $10.25 million in 2007. Jennifer Zales, an agent with Coldwell…Original Article

See homes from Tampa’s Bay largest custom homebuilders (Photos)

While new developments in suburban areas around Tampa Bay tend to comprise subdivisions of production homes, some local areas are being redeveloped one custom home at a time. The March 2 weekly edition of the Tampa Bay Business Journal contains the List of the largest custom homebuilders in the Tampa Bay area. While they reported building across the region, the focus tends to be on South Tampa, Davis Islands, St. Petersburg and many waterfront areas. Builders on the List handle homes priced anywhere…Original Article

Why one of Tampa Bay’s newest banks is financing a Pinellas project with historic ties

When Valley National Bank bought USAmeriBank earlier this year, it also picked up loans for a high-profile project — the $130 million Belleview Place development in Belleair.Original Article

‘Casual and modern’ waterfront home in Sarasota hits the market at $15 million (Photos)

A waterfront home on Siesta Key that wrapped up construction just two years ago is listed for sale — fully furnished — at $15 million. The house, at 3799 Flamingo Ave., totals 18,706 square feet, with 8,138 square feet of indoor living space. It features modern architecture and a neutral palette. The list price breaks down to $1,843 per square foot. Joel Schemmel of the Schemmel Property Group with Premier Sotheby’s International Realty is the listing agent on the home, which hit the market…Original Article

Airbnb reveals new programmes to reach 1bn guests

​Airbnb announced on Thursday that it would launch a guest membership programme and new luxury accommodation programme, as it aims to acquire more than a billion annual guests by 2028.Original Article

Domres Real Estate Investment Arranges the Sale of a 220-Acre Parcel in Riverview

Riverview, FL – February 21, 2018 – Domres Real Estate Investment, Inc. arranged the sale of a 220-acre parcel in Riverview that closed on February 16, 2018. The vacant tract of land is located at the corner of Symmes rd. And Fern Hill dr. in Riverview and sold for $19 million.

Marty Domres, president of Domres Real Estate Investment, Inc. represented both the Buyer, Ventana Development, LLC and the Seller, Riverview Grove Ltd. in this transaction. Domres stated that “This property was ideal for development because of its attributes and great location in Riverview.” Ventana Development’s plans include the development 835 single family residential lots. The finished residential lots will be sold to CalAtlantic, Lennar, M/I, and Pulte homes. Domres also stated that “Riverview is experiencing amazing growth in both commercial and residential development. The property location is very convenient, with easy access to Tampa by its close proximity to I-75 and Hwy. 301, as well as Hwy. 41.”

For more information about Domres Real Estate Investment, go to www.domresrealestate.com.

About Domres Real Estate Investment, Inc.:

Domres Real Estate Investment, Inc. is an independently owned, top producing commercial, land, and residential real estate company serving Tampa Bay and the surrounding communities since 1997. Marty Domres, president, is an experienced real estate broker with over 25-years experience in the real estate market.

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3 opportunities, 3 challenges for Lennar, now the largest US homebuilder

Lennar could leverage its sales strategies for CalAtlantic communities, but it has a challenge in reaching millennials.Original Article