Hurricane Irma hurt some Tampa Bay home sales even in October

Pinellas County home sales took another hurricane-related hit in October as the rest of the Tampa Bay area bounced back from Hurricane Irma. But while prices in all four counties rose once again, the rate of increase continues to slow. Hillsborough’s 3.6 percent increase was the lowest in more than two years although the county recorded the second highest price…

Five ways the proposed tax plan impacts Florida

The proposed federal tax overhaul — outlined in depth in the 429-page “Tax Cuts and Jobs Act” — will affect every taxpayer differently. But in multiple ways, most Floridians will be less adversely impacted than others since Florida has no state income tax, no state estate tax and has both relatively affordable housing and median household incomes lower than most…

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…