Rhode Island developer pitches midrise with small, furnished units in downtown Tampa

"In the Northeast, when I tell people we’re going to Tampa, they say, 'Oh, we’ve heard so many great things,'" developer Chris Bicho told the Business Journal.Original Article

Former Clearwater mobile home park will soon be the site of nearly 400 apartments

The mobile home park made headlines in 2019 after being ordered to close.Original Article

Exclusive: Ritz-Carlton Residences developer has presold an $11 million penthouse

Related Group, which plans to begin construction on the Ritz-Carlton by year's end, is aggressively looking for more dirt in Tampa Bay. President Jon Paul "JP" Perez says Related sees plenty of runway for growth in this market.Original Article

If interest rates rise in 2022, could that tamp down the U.S. housing market?

The Federal Reserve last week signaled it could begin hiking interest rates in 2022, but officials are divided on whether increases will come next year or in 2023.Original Article

Exclusive: Bucs co-owner Darcie Glazer Kassewitz lists Avila estate for sale (Photos)

Glazer Kassewitz and her husband bought the property out of foreclosure in 2014.Original Article

Exclusive: Auburndale estate is most expensive Polk home ever listed for sale (Photos)

A lakefront estate in Auburndale is on the market for $6.25 million — making it the most expensive home ever listed for sale in Polk County. The home at 501 Adams Barn Road sits on 44 acres on Lake Van and has 2,300 feet of Lake Frontage, according to Premier Sotheby's International Realty. Sotheby's agents Louise Richer of the Winter Park office and Raj Goyal of the Southwest Orlando office are listing the property for sale. A corporate entity linked to John Jerue Trucking in Lakeland has…Original Article

Move over FHA loans. Proposed 20-year mortgage targets first-time homebuyers with low incomes.

The goal of a proposed 20-year mortgage initiative is to close racial homeownership gaps and allow borrowers to accumulate equity twice as quickly. Here are the details.Original Article

Housing market competition is easing — and fewer homes are selling above list price

The number of homes selling above listing price is slipping in yet another sign the red-hot housing market is cooling off.Original Article

Tampa Bay metro area home prices continue to rise

Home prices have been on the rise over the past year in the Tampa-St. Petersburg-Clearwater metro area despite a 32.4% decrease in inventory overall. According to data from Florida Realtors, Tampa-St. Petersburg-Clearwater, Lakeland-Winter Haven, and North Port-Sarasota-Bradenton all saw at least a 20% increase in median sales price. While new listings are gradually increasing, there is still a noticeable gap from this time last year. "The data shows that new listings continue to increase, which…Original Article

Bidding wars for rental units? 2021’s rental market is also on fire.

It's not uncommon to hear about bidding wars for homes in today's housing market. But "leasing wars" for rental units are popping up in some cities as demand for multifamily housing remains high.Original Article