As Trop RFP deadline nears, Sugar Hill unveils its affordable housing plans for bid

Developers have until Friday to respond to Mayor Ken Welch's request for proposals for the 86-acre site.Original Article

As inflation soars, Tampa Bay ranks among the worst in the nation for affordability

Tampa Bay's home values — one factor in a metro's affordability — continue to climb even as the nation's average remains flat.Original Article

Florida Housing Coalition: Sadowski affordable housing funds to surge in 2023

A key source of funds for Florida affordable housing initiatives is expected to get a big bump next year.Original Article

Foundation work for Pendry Tampa’s hotel-condo tower to begin by year end

Pendry Tampa, the 37-story hotel-condo proposed on the downtown Tampa waterfront, could be under construction by year’s end. Buyers who have reserved Pendry-branded residences in the tower learned this week that “heavy equipment is scheduled to arrive on site before New Year’s to begin drilling pilings for the tower foundation,” Two Roads Development told the Tampa Bay Business Journal. Moss Construction is the general contractor on the project. South Florida-based Two Roads said it has…Original Article

Mortgage lender adds to layoffs at Clearwater office

The national mortgage lender has slashed more than a third of its workforce this year.Original Article

By the numbers: October housing prices in Florida

The industry group Florida Realtors on Friday released a report that said the statewide median sales price for single-family existing homes in October was $401,990. Here were the median sales prices by metropolitan statistical area:Original Article

Tampa developer sees opportunity in luxury townhouses

A Tampa developer is moving forward with two luxury townhouse projects that he says fill a need in Tampa's residential real estate market.Original Article

Land deal sets stage for hundreds of new apartments in Spring Hill

A developer that's been active in the Tampa area in recent years is planning a new project in Hernando County.Original Article

Where the iBuying model goes after rapidly slowing housing market

The rapid cooldown of the U.S. housing market starting this summer has made the direct-homebuying business model known as iBuying a lot more challenging.Original Article

Gulf front home in Longboat Key sells for $11.5M (Photos)

A beachfront home on the Gulf of Mexico has sold for $11.5 million, becoming the third highest-priced residential sale in Longboat Key's history and the second-highest this year. The 10,000-square-foot home is located at 3105 Gulf of Mexico Drive and features expansive windows, an elevated spa, a waterslide and a rooftop deck. Team Dunn of Michael Saunders & Co. represented the buyers in the sale, which was the highest-priced sale for an agent affiliated with the company’s Siesta Key office. The…Original Article