Republic Bank extends a lifeline to low-income homebuyers amid Tampa Bay’s housing affordability crisis
Republic Bank is the latest to tackle Tampa's housing affordability crisis for low-income buyers.Original Article
Tampa proptech startup iApartments sued for alleged copyright infringement by Texas competitor
The Texas companies claim iApartments made false claims and created products that infringed on its own similar home devices.Original Article
Homebuilders go big on land-banking strategy amid hot market
Land banking and option agreements for lot control among builders isn't new but residential real estate giants are increasingly employing those strategies to de-risk their balance sheets as the housing market remains on fire.Original Article
Tampa Bay metro homes have seen a $200 billion increase in the last decade
The latest Zillow report indicates that 2022 could be a sellers market.Original Article
46-story downtown St. Pete condo tower receives more than $150M in reservations
New York-based Red Apple Real Estate’s 400 Central saw a wave of interest from residents in the first 90 days.Original Article
Prepping for a hurricane? Proposed bill might make it cheaper
The proposal could make it cheaper, but it might not go far enough.Original Article
Exclusive: Developer launches presales for 42-story condo tower in downtown St. Pete
Tampa Bay's most prolific condo developer sees strong demand ahead for luxury condo living in downtown St. Petersburg — and they've added more penthouse units to Art House in anticipation.Original Article
Tampa expands eligibility for home down payment assistance program
The city of Tampa has expanded its eligibility requirements for the "Dare to Own the Dream" homeownership program. First-time homebuyers participating in the program can now purchase a home valued at up to $300,000, a reflection of the rising costs of real estate. The cap was previously $240,000. "That ceiling is not reasonable any longer," Mayor Jane Castor said at a Monday press conference. The city also increased the maximum loan amount for those living on 0% to 50% of the average median…Original Article
Report: 2022 starts with hottest January on record for the US housing market
Some regions of the United States are digging out of a blizzard but the January housing market in 2022 has been the hottest on record.Original Article
Home prices soared in Tampa Bay in 2021
The median sale price of homes in the Tampa Bay area increased more than 25% in all three local MSAs in 2021, according to Florida Realtors.Original Article