This is where Tom Cruise is likely moving in Clearwater

Tom Cruise is officially moving to a Clearwater condominium, nearly a year after public records linked him to the property. People magazine reports that Cruise is leaving Los Angeles for Clearwater, moving to a "penthouse apartment in Clearwater, Florida, just a block from the Church of Scientology’s international headquarters." Cruise is a prominent member of the church and a close friend of leader David Miscavige, according to People. His move to Clearwater has been rumored for years. Multiple…Original Article

What millennial homes will look like in the future

From New York and London to New Delhi and Shanghai, millennials are increasingly blurring the lines between home, work and play — sharing spaces to save money and time as well as make new friends.Original Article

Tampa ranks as top Florida city and among top 10 in the U.S. for flipping houses

The popularity of flipping houses has grown, thanks in part to TV shows like "Flip or Flop" and "Flip this House," and it turns out Tampa is one of the top cities for house-flippers, according to a recent report from WalletHub. Compared to 169 other cities across the country, Tampa came in as the No. 10 best city to flip a house, largely due to relatively low remodeling and renovation costs. The Big Guava also beat other Florida cities that were ranked, such as Orlando, Cape Coral and Jacksonville.…Original Article

Overstock returns to the real estate game

Online discounter still wants to sell you home furnishings, but is adding another layer to its services — helping you find a new home to put those furnishings in. Overstock (NASDAQ:OSTK) announced plans to launch O Real Estate in September, an initiative that will use the company’s search technology to help customers buy, sell and manage real estate. “For nearly 20 years, Overstock has connected customers with premium home goods, helping them build their dream homes; now,…Original Article

Quality of life, safety put Tampa among the top 20 best large cities to live

As some families spend their summer planning to relocate, many will look to Tampa as one of the best large cities to live in, according to a new ranking from WalletHub. The study evaluated factors that would make a metropolitan hub a good place to live. By comparing the 62 largest U.S. cities based on 56 indicators of livability, WalletHub ranked the top major cities in the U.S. Tampa came in at No. 16 overall and No. 4 out of 62 in the category of job opportunity. Data collected also included…Original Article

‘Severe’ housing shortage hits US home sales, lifts prices

Sales of previously owned homes falls for third month while prices hit new peak.Original Article

How homeowners are using equity loans

Home equity lines of credit have hit a nine-year high. Real estate analytics firm Attom Data Solutions found that 347,875 new home equity lines of credit were taken out in the first quarter of 2018. That's an 18 percent increase from the final quarter of 2017, and 14 percent increase from the same time last year, The Chicago Tribune reports. Since the recession, home equity loans have taken on a new purpose. “Putting home equity to work is the name of the game in the 2018 housing market –…Original Article

Tampa’s new condos are mostly in the million-dollar range. Where does that leave millennials who are ready to buy — but want to stay downtown?

As Tampa developers venture back into condo projects — after a drought that lasted more than a decade — all of the proposals are at the very high end of the market. That takes downtown home ownership off the table for the majority of a demographic that's been key to the city's urban revitalization efforts: Educated millennials like Ashley Daniel, who commutes to her job as a web developer in New Tampa.Original Article

Tampa ranked second best for first-time homebuyers

Tampa has been ranked the second-best city for first-time homeowners, according to a new survey from WalletHub. The recent report comes after 300 cities were compared based on market attractiveness, affordability and quality of life. Tampa had high scores in the categories of quality of life, which encompasses factors such as recreation, weather, job market and crime rate. Here's how Tampa ranked in individual categories: Affordability: 139 Real Estate Market: 4 Quality of life: 15 The only…Original Article

It begins: Tampa’s condo construction boom is finally under way

The return of condo construction is a bellwether for the overall real estate market, signaling confidence from lenders — on both the retail and commercial sides — as well as buyers.Original Article