Foreclosure starts, bank repossessions tick closer to pre-pandemic levels

Foreclosure activity continued to climb in the first half of 2022, inching closer to pre-pandemic levels.Original Article

Meet Building Easier Construction Group, a 2022 Fast 50 honoree

Describe what your company does in a single sentence. New home building and statewide Hardie siding install What was the most exciting thing to happen at or to your company last year? The implementation of our employee experience coupled with the launch of our career development program. As one of the fastest-growing companies in the area, what's the secret to your growth? Or in other words, how did you do it? A commitment to our brand promise of "Building Easier" means we make the experience easy…Original Article

Home sale cancellations hit highest rate since start of Covid-19

Nationwide, people are canceling deals to buy homes at the highest rate since the start of the Covid-19 pandemic. Overall, nearly 60,000 home-purchase agreements fell through in June, equal to 14.9% of homes that went under contract that month, which is the highest percentage on record with the exception of March and April 2020, when the housing market all but came to a halt due to the onset of the coronavirus pandemic. According to Redfin, the housing market has cooled in recent weeks as the Federal…Original Article

Tampa Bay ranked as one of the most vacant metros in the U.S.

With housing becoming unaffordable for many residents, a new report finds that Tampa Bay has one of the worse vacancy rates in the nation.Original Article

Welch kicks off community conversations on Tropicana Field redevelopment

St. Petersburg Mayor Ken Welch, who threw out the results of the previous administration's RFP process to redevelop Tropicana Field, is starting over with community input.Original Article

How the US housing market is shifting, by region

Both data and anecdotes from across the country illustrate how the national housing market is changing in the wake of higher interest rates and inflation.Original Article

East Tampa park expansion moves forward as city closes on grocery store property

Plans for a state-of-the-art park with a senior center, long a dream of East Tampa residents, took a big step forward on Tuesday. The city of Tampa closed on the purchase of the Penny Saver Food Market Property next to Fair Oaks Park on North 34th Street, according to a release. The 1.8-acre purchase will enable the redevelopment of Fair Oaks Park into a new, multigenerational complex that will include a senior center, recreation center, athletic field and exercise trail. Earlier this year,…Original Article

Exclusive: Vinoy Place condo in downtown St. Pete sells for record-breaking $7.3M

The penthouse takes up the entire top floor of the condominium and has broken the record for the most expensive condo sale in Tampa Bay.Original Article

Committee recommends $5.5M in funding for affordable housing in St. Pete

The committee recommends that city council approve millions in funding to create or preserve 429 affordable housing units.Original Article

Habitat for Humanity to develop two affordable homeownership projects in South St. Pete

St. Petersburg Mayor Ken Welch has struck a deal, subject to city council approval, with Habitat for Humanity to develop two city-owned properties.Original Article