Here’s how many offers a typical homebuyer made in 2021
Covid-19 helped fuel a hot housing market. How did it affect the number of offers made by homebuyers?Original Article
46-story Residences at 400 Central in downtown St. Pete inches toward groundbreaking
New York billionaire John Catsimatidis, the developer behind the tower, says the pace of reservations is beating expectations.Original Article
St. Petersburg apartments sell for more than $90 million
Axio at Carillon, formerly known as Grove Isle at Echelon City Center, was sold to a New York-based firm.Original Article
Competitive housing market spurs more companies, brokerages to offer cash to buyers
A growing number of start-ups and established companies are jumping into the cash-offers game.Original Article
Ranked: Here are the most expensive ZIP codes across the U.S.
Home values are surging seemingly everywhere — but, more than a year after the Covid-19 pandemic hit home, what are the most expensive ZIP codes in America? The Business Journals analyzed more than 30,000 ZIP codes, using Zillow Group Inc. data, to find the 25 most-expensive ZIP codes by median home value. While the ranking strictly looks at median home value as of July 31, 2021, we've included how home values have changed for those ZIP codes in the past six months, one year and five years. New…Original Article
Even real estate investors report feeling more pessimistic about housing-market prospects
Small-scale real estate investors are feeling pessimistic about their prospects in the housing market as inventory constraints continue to plague buyers of all shapes and sizes.Original Article
Homeownership less affordable than any point in last 13 years
Single-family homes are less affordable across the country than at any point in the last 13 years. About 75% of counties across the country are less affordable than the historical average during the third quarter of 2021, according to data from national property database Attom Data Solutions LLC. That’s up up from 56% of counties in the third quarter of 2020 and marks the worst rate since 2008. That means 430 out of 572 counties analyzed in the third quarter of 2021 are less affordable than…Original Article
High-profile real estate team welcomed by Compass
Compass is proud to have the Hughes Shelton Group aboard, led by founders Mike Hughes, Jeff Shelton and Christine Mastrilli. Hughes Shelton represents over $1.6 billion in real estate transactions in Hillsborough and Pinellas Counties, and 25 years of award-winning service excellence. The Hughes Shelton Group was the No. 1 sales team in Hillsborough County with their previous broker, Coldwell Banker. The team was ranked No. 1 small team in Tampa/West Central Florida as well as No. 2 in the state…Original Article
23-story condo tower moves forward in downtown St. Petersburg
The Nolen is built to maximize privacy, its developers said.Original Article
Student-housing sector back in session with occupancy growth, institutional investors after rocky 2020
After what was perhaps the weakest fall on record last year for student housing, the sector is picking up steam again as the fall 2021 semester is in full swing.Original Article