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Money is already tight at The Wilshire Condominium, and new lending rules threaten to make life even more difficult for it and other condos across the country. ...more
March 21, 2009
Talk about dejÀ vu. Last year, county commissioners invited noted economist Hank Fishkind to a meeting to find out how dire the local economy was and whether it would be prudent to reduce impact fees. ...more
March 12, 2009
Buyers eager to snatch up deals on Florida condos may have to fork over bigger down payments and face more intense reviews of their potential purchases. ...more
February 6, 2009
Buyers anxious to snatch up deals on Florida condos may have to plunk down higher down payments and have the condominium complex scrutinized. Fannie Mae, one of the largest providers of U.S. mortgages, is requiring more cash upfront and taking over the condo review process from its lenders. Amy Bonitatibus, Fannie Mae spokeswoman, said that's because condos are at a higher risk of failure in this economy. ...more
February 5, 2009
The developer of The Towers of Channelside, a pair of 29-story luxury condominiums that help define downtown's skyline, has accomplished a rare feat for a condo builder in this economy. ...more
October 2, 2008
Area home sales are still dropping, but not as much they have in months past, according to data released Friday by the Florida Association of Realtors. ...more
May 24, 2008
Area home sales are still dropping, but not as much they have in months past, according to data released today by the Florida Association of Realtors. There were 2,087 sales by Realtors in April, down 8 percent from 2,257 during the same month last year. That's better than March, when 1,107 homes were sold in the Tampa-St.Petersburg-Clearwater area, down 11 percent from March 2007. ...more
May 23, 2008
TAMPA -- January was a tough month for home sales in the Tampa Bay area. ...more
February 25, 2008
In a challenging market, SunRidge Condominiums on 50th is not feeling the pain for good reason, says Dave Swanson, director of sales for Smith & Associates Real Estate. ...more
November 9, 2007
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