Saturday, August 18, 2018
Real Estate

Tampa Bay ranks No. 1 among affordable markets for first-time homebuyers

Despite steadily rising prices, Tampa Bay is the most affordable market for first-time homebuyers. Thatís according to Zillow, which based its findings on several variables including median home value, forecasted growth in home value and share of listings with a price cut.

Other metro areas among the top 10 most affordable are Indianapolis, Houston, Orlando, San Antonio, Saint Louis, Philadelphia, Atlanta, Las Vegas and Dallas. First-time buyers would have the hardest time finding an affordable home on the West Coast.

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St. Petersburg ranks No. 39 in U.S. for affordable living, study says

St. Petersburg ranks No. 39 in U.S. for affordable living, study says

ST. PETERSBURG ó St. Petersburg is beating the national averages on affordable homeownership, according to a SmartAsset study.The financial technology company ranked 115 of the biggest cities in the U.S., measured by mortgage payments, property taxes...
Published: 08/17/18
South Tampa apartment community sold for $40 million

South Tampa apartment community sold for $40 million

TAMPA ó The 276-unit Pavillions at Ballast Point apartment community in South Tampa has been sold for $40 million and will be renamed Solis at Ballast Point. The buyer, California-based Investors Management Group, said it also plans significant inte...
Published: 08/16/18
Habitat for Humanity says it plans to buy back mortgages sold to house flipper

Habitat for Humanity says it plans to buy back mortgages sold to house flipper

TAMPA ó Habitat for Humanity of Hillsborough County said Monday that it will seek to immediately buy back 12 mortgages that it had sold to a Tampa company with a history of flipping foreclosed houses. The announcement came a day after the Tampa Bay T...
Published: 08/14/18
Tampa Harbour Yacht Club sold to Charleston-based Port 32 Marinas

Tampa Harbour Yacht Club sold to Charleston-based Port 32 Marinas

TAMPA ó Port 32 Marinas, a marina owner, developer and operator, bought Tampa Harbour Yacht Club with plans to upgrade the property in the Westshore Marina District.The Charleston-based company, formerly Atlantic Marina Holdings, is renaming the mari...
Published: 08/13/18
For sale: 1925 Tampa mansion built by cigar king, featured in horror flick

For sale: 1925 Tampa mansion built by cigar king, featured in horror flick

TAMPA ó From the back room of his fatherís Tampa grocery store, Val Maestro Antuono built what would become one of the countryís biggest manufacturers of five-cent cigars. Befitting his stature, Antuono also built one of Tampaís biggest houses ó a Sp...
Published: 08/10/18
They trusted Habitat for Humanity. Then it sold their mortgages to a Tampa company that flips houses

They trusted Habitat for Humanity. Then it sold their mortgages to a Tampa company that flips houses

For nearly a half century, Habitat for Humanity has been helping low-income Americans realize the dream of home ownership. In return for their sweat and labor, they get the deed to a new house and a zero-interest mortgage.Like most lenders, Habitat o...
Published: 08/10/18
Anna Maria may soon become one of the nationís million-dollar cities

Anna Maria may soon become one of the nationís million-dollar cities

By SUSAN TAYLOR MARTINThe United States is expected to gain 23 million-dollar cities in the next year, and one of them will be within easy driving distance of the Tampa Bay metro area. According to Zillow, the median price of a home in Anna Maria is ...
Published: 08/09/18
Hereís a look at the new tower planned for downtown St. Pete

Hereís a look at the new tower planned for downtown St. Pete

ST. PETERSBURG ó Still no word on who the developer is, but this is what a 25-story mixed-used tower planned for downtown St. Petersburg will look like. Designed by the local architectural firm Behar Peteranecz, the tower at 232 2nd St. N near the Su...
Published: 08/08/18
St. Peteís historic Vinoy hotel tells members to expect changes

St. Peteís historic Vinoy hotel tells members to expect changes

ST. PETERSBURG ó The Vinoy Renaissance may be closer to having a new owner.The resort and golf clubís management already said earlier this year that current owner, RLJ Lodging Trust, would be looking to sell the resort this summer. Now itís on the ma...
Published: 08/08/18
Couple stays true to 1920s look in restoring home of man who helped build Davis Islands

Couple stays true to 1920s look in restoring home of man who helped build Davis Islands

A piece of Tampa history almost disappeared in 2010.The architecture of the house on Davis Islands had landed it on the National Register of Historic Places. Whatís more, it was home to one of the communityís founders.Still, the building at 36 Aegean...
Published: 08/08/18