Western US continues to lead in home price, value declines
After a slowdown in buyer activity starting in late spring, home price and value drops are being observed more frequently across the country.
Homebuying competition eases as values decrease for the second month in Tampa Bay
This is the largest monthly decline since 2011 and follows a 0.1% decrease in July.
Florida’s new condo laws could open up coastal redevelopment opportunities
Colliers launched a project management arm to help condo associations navigate Florida's new law. But some associations, they say, may not be able to come up with new reserves requirements. That could open up prime redevelopment sites, particularly in coastal areas.
St. Pete won’t let developer add more apartments to proposed downtown tower
The vote, which failed 4-3, comes as St. Petersburg faces a housing shortage that's reached crisis levels.
Housing inventory may not rebound for some time, despite slowing market
Inventory has been a closely-watched metric of the U.S. housing market during, and leading up to, the Covid-19 pandemic.
Riverview apartments sell for $98 million
The complex was built in 2016.