Rebuilding after Hurricane Ian could exacerbate construction supply, labor shortages
Hurricane Ian is likely to place further strain on the shortage of building materials and construction labor in Florida.Original Article
Hurricane Ian could be second costliest storm in history
Early estimates of damages to insured property put Ian only behind Hurricane Katrina in costliness.Original Article
The varying destruction in Hurricane Ian’s wake comes down to construction codes
Aerial photos showing seemingly random destruction in Ian's wake — a house still standing next to one that was washed off its foundation — can largely be attributed to construction codes that changed after Hurricane Andrew, real estate executives in Southwest Florida told the Tampa Bay Business Journal.Original Article
New York investor acquires fractured condos in Palm Harbor for $22.5M
The company purchased 161 of 248 units at Harbourtowne at Country Woods.Original Article
Pessimism abounds for proptech investors, startups as access to capital gets tougher
The outlook for the property technology, or proptech, sector has become much bleaker this year after a record-setting 2021.Original Article
Davis Islands home sale is a new record
The home went on the market in June.Original Article
Inaugural St. Pete issue puts the spotlight on the Sunshine City
St. Petersburg has transformed from a sleepy retirement haven to a vibrant, artsy city home to top-tier restaurants and museums.Original Article
Veteran developers have a vision for a new district on St. Pete’s Central Avenue
Real estate developers have long considered Central Avenue the “spine of St. Petersburg” — and with some big investments in the pipeline, there are more vertebrae to come.Original Article
Lennar lowers home prices in most markets as rates rise
One of the nation's largest homebuilders is walking away from some land purchases as new orders fall and cancellations rise.Original Article
Q&A: Economic developer J.P. DuBuque on how to pitch St. Pete amid a rising cost crisis
St. Petersburg is no longer a cheap, sleepy retirement haven. Here's how the city's economic development chief pitches the Sunshine City in the wake of massive rent growth.Original Article