WASHINGTON – Nov. 14, 2016 – Can computers, big data and advanced analytics replace real live humans when it comes to accurately valuing the home you want to buy? One of the two largest financial players in U.S. real estate thinks so and is preparing to introduce changes that could prove momentous – and highly
Ten years ago, Jeff Vinik retired from Fidelity Investments after managing their high profile Magellan Fund. Worth an estimated half a billion, it’s safe to say Vinik can live wherever he wants, and do almost anything he wants, or nothing at all. Instead, Vinik is using his millions to reinvent himself and the city of
By Ashley Gurbal Kritzer is senior reporter for the Tampa Bay Business Journal A Houston developer is planning to build a new residential tower on Tampa’s most prestigious street. Dinerstein Cos. is proposing a 12-story tower at 319 Bayshore Blvd., adjacent to 2 Bayshore, the complex that sold for a record-setting $303,814 per apartment in
By: Ashley Gurbal Kritzer, Senior Reporter |Tampa Bay Business Journal A nearly $8 million mansion on the Westshore waterfront hit the market quietly in early July, and there’s already been so much activity on the property that the listing agent thinks it could sell within six months. The house, at 4942 Saint Croix Drive, was
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ATTOM Data Solutions, the new parent company of RealtyTrac, has released its Q2 2016 U.S. Home Flipping Report, which shows a total of 51,434 U.S. single family home and condo sales were completed flips in the second quarter of 2016, up 14 percent from the previous quarter and up 3 percent from a year ago
By: Susan Taylor Martin, Tampa Bay Times The median price for a single-family house jumped 12.6 percent in July, the ninth straight month of double-digit, year-over-year increases. The steady rise continued to be spurred by a tight supply of available homes, with 4.3 percent fewer houses sold in July than in the same month a
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WASHINGTON (AP) – Aug. 23, 2016 – Americans stepped up their purchases of new homes in July to the fastest pace in nearly nine years, as low mortgage rates and a steady job market are fueling a real estate surge. New-home sales jumped 12.4 percent last month to a seasonally adjusted rate of 654,000 annual units,
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By Richie Bernardo  | WalletHub To many of us, pets are family — only furrier and slimier. It’s only natural, then, to seek out the places where these relatives of ours can enjoy the best quality of life. According to an American Pet Products Association survey, a record 65 percent, or 79.7 million, American households today
Whether for professional or personal reasons, people sometimes pick up and move. In the United States, folks have been migrating to urban areas in recent generations, but these days the places they wind up are not necessarily the major hubs we might expect. Recently, real estate information platform, Realtor.com, completed a study on where people
The business strength of the Tampa Bay region is getting some validation from the newly released Fortune 500 list for 2016. Tampa Bay now has five companies on the list, up from four in 2015, including a company that ranks among the 100 leading firms nationwide in what Fortune says is its key benchmark for