In the wake of Hurricane Irma, a case for Tall Homes and New Construction in St. Petersburg

Tampa Bay dodged a bullet. As late as 11am on Sunday morning, the National Hurricane Center projected a monster Category 4 hurricane, the largest in modern history, passing directly over the shallow estuary of Tampa Bay, and bringing with it up to 12 feet of storm surge. With 700 miles of shoreline and an average depth of only 12 feet,…

Sizzling home sales in Tampa Bay cool down, but bank-owned houses still fetch big bucks

Could those dramatic gains in Tampa Bay home prices really be slowing down? July sales figures hint that the long-running sellers’ market might be shifting more in favor of buyers. In Hillsborough County, where the median price of a house hit $240,000 in July, it was the third straight month in which prices rose by just a single digit from…

How Will the New Zoning Changes in St. Petersburg Affect Your Neighborhood?

As many of you know, city council last Thursday evening passed sweeping changes to the zoning regulations that affect many neighborhoods throughout St. Petersburg. We have had several calls and emails since the news broke Friday morning requesting more information on how this will affect property owners, their rights, and what they can and cannot build. I wanted to take…

Tampa Bay home prices still climbing, though more slowly

Tampa Bay home prices rose again in June, although the once-torrid pace of increases shows signs of slowing. For the first time in several months, year-over-year price gains were in the single digits in two of the bay’s area’s four counties. The change was particularly striking in Pasco, where the median price for a house in June — $202,995 —…

As home prices continue to rise, what will $215,000 get you across Tampa Bay?

Within 24 hours of listing a 1,000-square-foot bungalow near Tampa’s Seminole Heights, agent Bob Matthews received four offers. The compact but adorable house went under contract in two days and sold in May for $215,000 — $20,000 more than the asking price. “You really can’t buy anything that nice for $215,000 in South Tampa or Westchase so Seminole Heights is…