Foreign homebuyer purchases decline in Florida
Over $22 billion was spent on Florida homes by foreign buyers.Original Article
Archive for month: October, 2018
Well-known Colombian singer buys land in South Florida to build mansion, lists home for $5M (Photos)
Silvestre Dangond, one of the most popular singers in Colombia, has listed his South Florida home for sale, and acquired a lot in the same area for a larger mansion. Marianna Dubinsky of Engel & Völkers Miami Coral Gables represents Dangond in both deals. He paid $1.22 million to Francisco A. Mendez for the 38,006-square-foot lot at 5750 S.W. 91st St. He plans to build a 10,000-square-foot mansion, including a recording studio, there. He hired Pioneer Group to design the home, which will have…Original Article
So much for the starter house
With inventory tight, home prices high and interest rates rising, many homeowners are giving up on the idea of trading up from the first home they bought.Original Article
Downtown Tampa apartment tower embroiled in battle over ‘earsplitting’ noise with Franklin Manor
The owners of a 23-story apartment tower in downtown Tampa say several residents have canceled leases and others have refused to renew because of "earsplitting, reverberating noise" from Franklin Manor. Carter, the Atlanta-based developer that built and owns Nine15, has filed a lawsuit seeking both an injunction and damages from the ownership of Franklin Manor, a restaurant and nightclub across North Franklin Street from the tower. "As a result of Franklin Manor's excessive noise, it is more difficult…Original Article
Affordable housing becoming less attainable in Tampa
Housing prices in Tampa are on the rise, and a new report from Metrostudy shows that affordable housing is becoming increasingly more difficult to attain. According to the report quarterly new home starts are up 5.3 percent year-over-year. Annual starts are up 6.8 percent, while new home activity is continuing to shift to higher price points as starts under $250,000 are down 8.9 percent from 3Q17 levels. An obvious sign of a slowing market is contraction starting in the upper end, and while…Original Article
As Tampa moves toward densification, city council wants to get a handle on shipping containers, tiny houses and downtown parking minimums
As a traditionally car-dependent, sprawling metro, affordable urban housing and rethinking parking minimum requirements aren't issues Tampa has had to confront — until now.Original Article
‘Confident’ in Bayshore site slated for 21-story condo tower, South Florida developer closes on land
"We’re that confident in the site and our ability to get through" the public process, one of the developer's executives said.Original Article
A fractured condo in downtown Tampa’s Channel district will convert its apartments to for-sale units
The conversion of apartments to condos in downtown Tampa's Channel district is a watershed moment for the city's urban revitalization efforts.Original Article
Dark clouds gather over the US housing market
If the fall we are seeing at the top spreads, the impact could be significant.Original Article
Creating a standout vacation rental
Here's how to furnish a space that will attract guests — and withstand the wear and tear that comes with them.Original Article