Tampa Bay is nation’s second best area for first-time homebuyers


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For first- time homebuyers, you can’t beat the Orlando and Tampa Bay areas. Despite steadily rising prices, both are relatively affordable compared to the West Coast and Northeast at a time when nearly half of all buyers are first-timers, a new Zillow report says. As millennials — those in the 18-34 age group — “reach the typical home buying age,…

Tampa Bay emerges as one of nation’s hottest industrial markets

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Warehouses lack the glamour of luxury homes, but they are helping make the Tampa Bay area one of the nation’s hottest emerging industrial markets. The bay area vaulted from No. 28 to No. 10 last year in net leasing of distribution and light industrial space, according to a new report by Colliers International. Overall vacancy rates dropped to 6.3 percent…

Sundial shopping center in downtown St. Petersburg is for sale

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Sundial, downtown St. Petersburg’s entertainment and shopping complex, is for sale. Developer Bill Edwards bought the once-troubled property, which was then known as BayWalk, in 2011 for $5.2 million. He heavily remodeled it and lured an impressive array of shops and restaurants. Rumors had swirled for some time that the property would be sold. It was listed Wednesday. Within a…