Ranked: 30 housing markets where values are cooling the fastest — or even declining
The national housing market slowdown has been one of the headlining stories of 2022, after a spike in mortgage rates in the spring turned the heat off what had been historic price growth and buyer demand through most of the pandemic.
Gen Z expected to face affordability barriers as they enter housing market
Affordability is the signature challenge of today's housing market — even now, as home prices are being slashed across the country, the hurdles to purchasing a house as a first-time buyer remain high.
Miami, Tampa top home price hikes
The report pointed to a “deceleration” in housing prices.
18-story luxury condo tower tops out in Sarasota
Developer Kolter Urban has topped off Bayso Sarasota, a luxury condominium in The Quay Sarasota Waterfront District. The 18-story tower is located at 301 Quay Commons. It will bring 149 residences to Sarasota’s Arts and Culture District. Bayso is Kolter’s fourth tower in downtown Sarasota. It sold out in 2022, less than a year after its launch. Bob Vail, president of Kolter Urban, said the project has experienced “overwhelming sales success.” The project is expected to be completed in the…
Report: Tampa Bay housing prices up 70% since 2019
Although the housing market is cooling across the nation, home prices in the Tampa Bay area are still far higher than before the pandemic, according to the latest Zillow report. Home sales are slowing down as rising mortgage rates drive up monthly payments. The data shows that newly pending listings nationwide are down 18% from August and 29% since 2021 across the U.S. as affordability challenges mount. Homes in Tampa Bay saw a typical home value of $391,114, a 0.2% decrease since August, but…
Clearwater condo project ‘exceeds expectations’ in sales
A Clearwater developer is seeing an increase in demand for luxury living and believes Pinellas “still has much to give.”