NEW YORK – Jan. 20, 2017 – Annual inflation hit a 21/2-year high in December amid rising gasoline prices as a core measure of inflation increased moderately. The consumer price index rose 0.3 percent, the Labor Department said Wednesday, matching economists’ estimates. Prices were up 2.1 percent the past year, the largest annual jump since
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Most Tampa Bay residents have never heard of Westminster Heights. But the St. Petersburg neighborhood could give a lot of bang for the buck when it comes to investing in real estate this year. Lying south of Central Avenue between 49th and 58th Streets S, Westminster Heights tops Zillow’s list of the five bay area
NEW YORK – Jan. 10, 2017 – Though mortgage rates have jumped in recent weeks, it’s still possible for buyers to get a lower rate if they “buy the rate down,” also known as “paying points.” But they should weigh the pros and cons carefully to decide if that’s the best move. “Buying your rate
LAWTON, Okla. – Dec. 19, 2016 – Buying a home may be the American dream, but it’s also a monumental task: You have to clean up your credit, apply for a mortgage, scrape together a downpayment, and then move all your worldly possessions in after you close on the deal. Phew! So then why do
Here’s a feel-good column to unwrap this holiday season that will reveal the Tampa Bay metro area is rebounding as one of the better performing, larger metro areas in the United States. That’s great news after a decade of rough times in the bay area economy, hitting a low ranking among the nation’s top 200
TAMPA — Construction workers have been digging up the roads in downtown Tampa for months, marking the first steps toward building Strategic Property Partners’ $3 billion vision for the redevelopment of Tampa’s urban core. At its peak, nearly 100 workers are replacing old water and sewer pipes under the roads on Channelside Drive, Morgan and
Everyone should take a moment to appreciate the stunning transformation of St. Petersburg from its former nickname as “God’s Waiting Room” to a city whose abundance of economic development opportunities under way nearly defies the ability of its leaders to capture them all. City officials tried, nonetheless, on Tuesday. The city’s second annual “state of
WASHINGTON – Dec. 2, 2016 – What fall slowdown? In many markets across the country, the housing market is showing anything but the typical seasonal slowdown. In fact, a report released by the National Association of Realtors® (NAR) finds just the opposite. Existing-home sales eclipsed June’s cyclical sales and, in October, zoomed to the highest
NEW YORK – Dec. 2, 2016 – Smaller homes have seen significant price growth over larger ones, and that means some homeowners may be sitting on a lot of equity – more than they may realize. With mortgage rates still low by historical standards but expected to edge up soon, homeowners with equity in their
St. Petersburg will become the first city in Florida to rid themselves of using fossil fuels. The city council unanimously voted to use $800,000 of $1 million they received from a settlement with BP over the Deepwater Horizon oil spill in 2010 to move toward having the city completely running with renewable energy. The Integrated