Risky borrowing is making a comeback, but banks are on the sideline
It's called shadow banking, and it is a key source of the credit that drives the U.S. economy. In certain areas — including mortgages, auto lending and some business loans — shadow banks have eclipsed traditional banks, which have spent much of the last decade pulling back on lending in the face of stricter regulatory standards aimed at keeping them out of trouble. But new problems arise when the industry depends on lenders that compete aggressively, operate with less of a cushion against losses and have fewer regulations to keep them from taking on too much risk.
These are the most and least expensive Tampa Bay neighborhoods for renters
As Tampa Bay becomes an evermore desirable place to live, one might wonder where the most desirable places in the city are for rental. Wonder no more, with this list of the priciest and cheapest rental markets in the Bay area, courtesy of Apartments.com. At the top of the list is Harbour Island, with an average rent of $2,253. Uptown Tampa and downtown St. Petersburg complete the trio of priciest places, with average rents of $2,023 and $1,982, respectively. Here are the rest of Tampa Bay’s…
Here’s how much home $300K will buy you in Florida and beyond
If you're looking to buy a house with a $300,000 budget, you may want to look outside of Florida if you hope to get a larger home. You'll get the most bang for your buck in Mississippi, and your worst bet is Washington, D.C., according to GOBankingRates. Click through the slideshow above for a look at where you can get the most bang for your buck when buying a home. Using data from Zillow, GOBankingRates analyzed the median list price of homes across the nation to determine how much home…
$370 million portfolio sale includes I-4 corridor apartments
The portfolio includes 11 properties and more than 2,600 apartments.
Historic Davis Islands estate sold for $3.9 million
A historic estate on Davis Islands has been sold for $3.9 million in an off-market transaction.
Seminole Heights developer: ‘As bullish as I was, we’re ahead of where I thought we’d be’
One developer is leasing up his second multifamily building in Seminole Heights, and has to admit he’s surprised by how far the neighborhood has come.