Is Tampa Bay finally seeing signs of a buyer’s market? Soaring September sales hint at it

Bucking a national trend, sales of single-family homes soared by double digits in Hillsborough, Pinellas and Hernando counties in September. That dramatic increase, coupled with minor price increases, suggests that a real estate market that has favored sellers for several years is finally starting to swing a bit in favor of buyers. Another positive sign
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If it’s a sellers’ market, why are so many Tampa Bay sellers cutting their prices?

Despite a shortage of available homes, many Tampa Bay sellers are getting a rude awakening when the sign goes up but no offers come in . More sellers are being forced to drop their prices as the reality hits that buyers don’t love that funky tile or purple accent wall. According to a new analysis
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Affordable ways to refresh a home

Home improvements can rejuvenate a stale dwelling. But remodeling and renovations could set you back thousands of dollars for each room. A “midrange minor kitchen remodel” – including hardware, countertops, flooring and a refrigerator – is about $21,000, on average, according to Remodeling magazine’s 2018 Cost vs. Value report. But with the right approach, you
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Culbreath Isles home listed for sale at almost $7 million

A home in Culbreath Isles, a South Tampa waterfront neighborhood, has been listed for sale at nearly $7 million. The mid-century contemporary home, built in 2008, hit the market in early June. Hughes Shelton Realtors at Coldwell Banker Residential Real Estate has the listing, priced at $6.9 million. That price point is at the higher

St. Petersburg home becomes finalist in HGTV contest

A house in St. Petersburg’s Old Northeast is a finalist in HGTV’s Ultimate House Hunt contest. Built in 2007 in the Mission Revival style, the 4,000-square-foot home a block from Coffee Pot Bayou is among 12 nationwide in the “curb appeal” category. Viewers can vote online through July 17 for a chance to win $10,000.
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Tampa’s first luxury condo tower with just one residence per floor planned on Bayshore Boulevard

TAMPA — Fresh off their success with a condo tower in downtown St. Petersburg, a husband-and-wife development team now plan a luxury high-rise on Tampa’s Bayshore Boulevard. The Sanctuary at Alexandra Place will have just 15 units — 14 covering an entire level each and one penthouse taking up two floors. All will have 360-degree

Possible Game Changer For A Southeast Market

Tampa, Florida flew under the radar for years, but is now intentionally trying to reconstruct its image and expand their downtown. With a strong labor market, well-connected group of entrepreneurs (Tampapreneurs, as they are called), and increasing interest from developers and capital providers, the market appears well-positioned for future growth. Our Director of Economic Research,

Developer plans $500 million Midtown Tampa project near Westshore

In what would be one of Tampa Bay’s biggest developments, a New York company plans a 1.8 million-square-foot project designed to help link downtown Tampa with the city’s booming Westshore area. Midtown Tampa, a potential half-billion dollar project at the southeast corner of 1-275 and North Dale Mabry Highway, would include 240,000 square feet of
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5 Ways to Fix Your Home’s ‘Fatal Flaw’ for Under $1,000

Most of us have a nagging issue or two in our homes that we would like to fix. Perhaps your kitchen is just too dark to work in comfortably, or your bathroom is still living in the 1960s. Good news: The update might be easier and less costly to make than you may think. Costs
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The long-awaited transformation of the Armature Works in Tampa is nearly ready for its debut

TAMPA — It’s not unusual lately to see people stroll off the Riverwalk and tug on the doors at the Heights Public Market, the nearly finished dining and commercial emporium inside the old Tampa Armature Works building. Those doors are expected to open soon — think weeks, not months — after a $20 million job