Tampa Bay area rent increase outpaces rest of U.S.
According to a new study by the CoStar Group, rents in Tampa Bay are increasing faster than anyplace else in the entire country, up 15.6 percent since January.
Affordable housing for Clearwater's service industry workers on hold due to soaring prices
Leaders say living close to where you work is not just better for employees – some believe it’s better for everyone. But a proposed housing complex near downtown Clearwater, where hundreds in the workforce could live, isn’t moving forward.
Soaring cost of materials, developer fees send Polk housing prices through the roof
The cost of homes continues to soar, but the higher prices are not putting off buyers. Meanwhile, the soaring cost of materials is even further driving up the cost of new construction.
Experts predict 'obscene' homebuying market to fizzle as many become priced out
Real estate experts say around 90% of homes are selling over the asking price in the Tampa Bay area. Many wonder when this bubble will burst and leave some new homeowners holding the bag.
Bay Area mayors struggle to balance booming market, affordable housing
There’s a cross-bay push for affordable housing in the Tampa Bay Area, but the region’s popularity is keeping the market red hot.
Sales of new US homes fell 5.9% in April in wake of soaring house prices in March
Sales of new homes fell a bigger-than-expected 5.9% in April, a drop that analysts blamed in part on soaring home prices.
Experts warn against foregoing inspection process when buying a home
Demand for homes is high in Tampa Bay and across the country, but inventory is low.
Consultant suggests 775% increase for Polk development fees, frozen since 2008
It may cost individuals more to buy a new home in Polk County if commissioners follow the recommendation of a consultant’s new report, which suggests the county raise its development fees by a whopping 775 percent.
US housing market booms as buyers enter bidding wars amid low supply
“The housing market is hot. Very hot,” National Association of Realtors Chief Economist Lawrence Yun told FOX Television Stations. But Yun predicts that things could soon cool down.
Real estate returning to normal: Open houses are actually open again
Realtor Colin Humber did something Sunday he hasn’t done in nearly a year-and-a-half; he hosted an open house.
‘Historically’ high lumber prices adding more than $35K on average to new home price tag
While many businesses have slowed during the COVID-19 pandemic, the home-building industry has seen a boom — but it could be at risk due to a lumber shortage that has triggered skyrocketing prices for the material.
Post-pandemic economic recovery can be seen with new skyline
The first phase of downtown Tampa's Water Street project is well underway as residents move into Heron, a luxury apartment building, and tenants are about two months away from moving into the project's new 20-story office building.
Realtor offers tips for buying a home amid 'frenzy' in Tampa Bay housing market
You see a house that just hit the market – it checks off all of your boxes – and when you think you’ve made a good offer, it doesn’t pan out.
Florida home insurance rates set to skyrocket
Florida is headed into an insurance crisis. Rates for home insurance are rising, and hundreds of thousands of homeowners may not be able to get a policy at all.
Mayor hopes latest St. Pete tower will help stabilize prices
City leaders and developers broke ground on another residential tower in downtown St. Petersburg on Tuesday.
Frantic markets, costly materials put home buying and building out of reach for many
It’s a tight market for anyone trying to buy a house in the Tampa Bay area. Realtors say newly-listed houses are sometimes snatched up in one day. Buyers pay more attention to cash offers first, making it even more difficult for first-time homebuyers.
Upcoming Netflix show brings 'Selling Sunset' format to Ybor City
Show and tell is the name of the game for real estate agents like Ali St. Cyr. That's why she was thrilled to hear Netflix has ordered a still-unnamed reality show featuring Ybor City realtor Sharelle Rosado and her team of eager agents.
Commercial real estate trends turn as workers return to offices one year into pandemic
Experts say trends in commercial real estate are giving a clue to the future of office spaces. Brokers and economists say they are seeing the pandemic’s impact on the return to work.
Rare undeveloped piece of Pinellas County could become nature preserve
In life, Gladys Douglas Hackworth turned down offers in the millions. But because she did not put her wishes in writing, the lawyer for her estate was forced to accept a $13-million offer from a developer last August.
Tampa rental rates soar as prices across the country slide during pandemic
Studio apartment prices in Hillsborough County are up more than 28 percent -- to $1,245 -- compared to the same point in 2019. Pinellas County, meanwhile, has seen the fourth-biggest spike in one-bedroom rental prices: Up 11 percent, to nearly $1,300 a month.