Viewpoint: Community banks should focus on one primary goal — raising capital
Every local community relies on their community banks to support and partner on new developments through loans and other instruments that increase the area's tax base, create new jobs and foster economic development.
St. Pete expands 10-year housing plan
The plan was created three years ago to address housing affordability and stability.
Pinellas County launches new Housing Action Plan
A countywide Housing Action Plan debuted at the Homes for Pinellas Summit in Largo last week.
Exclusive: Indian Rocks Beach waterfront home listed at $10 million
A waterfront home on Indian Rocks Beach is on the market for just under $10 million. The 5,828-square-foot home at 32 Gulf Blvd. has 9,488 square feet of indoor and outdoor living space. The beachfront home also includes a private intracoastal dock with a 6-foot privacy wall and gated entry. Peter Donnantuoni purchased the property in April 2020 and divided it into two 56-foot-wide lots. The property sits on the area known as The Narrows, which spans from the Gulf of Mexico to the Intracoastal…
Report: Rent prices drop nationwide, but not in Tampa Bay
As Florida continues to be one of the most popular states to move to in the nation, it's becoming more challenging for residents to find an affordable apartment or keep existing rent from going up. Nationally, the median U.S. asking rent fell 0.4% year over year to $1,937 in March. That's the first annual decline since March 2020 — when the coronavirus was declared a pandemic — and the lowest median asking rent in 13 months. By comparison, rents were up 17.5% one year ago in March 2022. “Rents…
Compass CEO: Florida’s west coast continues to be a thriving residential market
Compass CEO Robert Reffkin said Florida’s residential market, especially along the west coast, has seen sustained buyer demand despite the national economic turmoil. Reffkin gave a market update on April 18 detailing the brokerage’s continued expansion across Florida’s west coast. He told the Tampa Bay Business Journal that prices have been “pretty stable given the short supply” and said the inventory has not kept up with the demand throughout the region. There has been a high demand…