Beach access law turning into confusing turf battles
Legislators passed HB 631 during the last session and now many are finding it difficult to interpret the law.Original Article
Archive for month: July, 2018
Developers of 35-story condo tower in downtown Tampa’s Channel district aim for early 2019 groundbreaking (Rendering)
The developers known for pioneering projects in downtown Tampa's Channel district are moving forward with the neighborhood's first new condominiums in more than a decade: 35 stories of luxury units on Channelside Drive. Mercury Advisors has secured a $45 million development loan for Eleve 61, which will be built at 858 Channelside Drive on a .65-acre parcel that the developer has owned since 2006. The tower, once proposed as Del Villar, includes 61 units and has been designed for "urban professionals…Original Article
Meet the 2018 Fast 50 honorees: Nationwide Title Clearing
Company: Nationwide Title Clearing Inc. Location: Palm Harbor Industry: Document services for the mortgage industry How would you describe what your company does to a friend or family member who may not know? Nationwide Title Clearing Inc. is a research and document service provider in the residential mortgage industry for over 25 years. We provide services to most of the nation’s largest mortgage lenders, servicers and investors and our documents are recorded in over 3,600 county jurisdictions…Original Article
U.S. mortgage rates reverse course
U.S. mortgage rates rose this week after dropping in most of the recent weeks, according to Freddie Mac. The 30-year fixed mortgage averaged 4.53 percent for the week ending July 12, up from 4.52 percent the previous week. A year ago, mortgage rates stood at 4.03 percent. Favorable mortgage rates have helped drive U.S. home sales and the refinance market. Sam Khater, Freddie Mac’s chief economist, said mortgage rates were mostly unchanged, but did tick up for the first time since early June. “The…Original Article
Millennials discuss why they cannot afford to buy homes
Survey respondents share how they spend and what concerns them financially.Original Article
Meet the 2018 Fast 50 honorees: Highland Homes
Company: Highland Homes Location: Lakeland Industry: Home builder How would you describe what your company does to a friend or family member who may not know? We build dream homes. What are some key accomplishments/statistics your company has achieved in the past 12 months? Recognized as the No. 75 largest homebuilder in the nation on Builder Magazine's Builder 100 List (May 2018) Sold 715 homes in 2017, exceeded our goals for the year (Dec 2017). Closed 642 homes in 2017, a 12.6 percent…Original Article
With neighbors for and against their plan, Caspers tweak proposal for private club at historic Stovall House on Bayshore Boulevard
When the Casper family's plans to convert a historic home on Bayshore Boulevard into a private social club were met with fierce opposition from some neighbors, the Caspers paused and reconsidered their plans. "We’ve taken a step back and thought about it: 'Is this really the right thing to do?' We weren’t expecting this much pushback," said Blake Casper, CEO of Caspers Co., the state's largest McDonald's franchisee. "Everybody — my wife, my sister, our attorneys, our architects has had their…Original Article
Crystal Lagoon resolves permit issues, but testing means it won’t open until ‘later this summer’
The developer of the first Crystal Lagoon in Wesley Chapel says it has been working diligently with Pasco County and now says it has all the permits it needs to complete work on its first of several planned lagoon amenities in the region. It was scheduled to open May 19, but Pasco County issued stop work orders. A Pasco fire inspector found that Metro Development Group didn’t acquire appropriate building permits for 11 buildings and eight cabana structures. The cabanas have been removed, at…Original Article
Renting vs. buying – the struggle continues
A new survey from CoreLogic confirms what many real estate agents already know — housing inventory cannot match the number of people who want to buy a home. In the survey, 15 percent of homeowners and 28 percent of renters say they want to buy a home in the next 12 months. That compares to just 11 percent who say they're ready to sell. Renters are especially caught in the bind in markets that have the highest home-price growth. “Even in the most expensive markets, we found four times as many…Original Article