Entries by Market Tampa Investments

Study: Tampa area nearly leads the nation in millennial veteran loan growth

August 3, 2019 in /by

The Tampa Bay area ranked No. 2 in the nation in a recent home lender study that compared the best cities for millennial veterans for VA loan growth. The study by Veterans United Home Loans, a full-service national lender in Columbia, Missouri, found that loan growth in the area grew 145 percent between 2015 and 2018. The average purchase price for 2018 was $252,566, according to the study. Overall, the top 30 states report tied Florida and Georgia for the No. 3 spot just ahead of No. 4 Texas.…

ConnectWise co-founder Arnie Bellini buys $9.25 million home in Clearwater

August 3, 2019 in /by

After selling off his billion-dollar software development company, ConnectWise co-founder Arnie Bellini has made an acquisition on the personal front: A $9.25 million home on Clearwater Beach, directly south of Caladesi Island State Park. Bellini and his wife, Lauren, closed on the home on July 9, according to Pinellas County property records. The 4,826-square-foot house sits directly on the Gulf of Mexico. It was built in 1984 and includes four bedrooms and six bathrooms in three stories. The…

From a 23-story apartment tower in downtown Tampa to the Stovall House on Bayshore, take a look at these new construction projects (Photos)

August 2, 2019 in /by

Sometimes it feels as if most of Tampa is an active construction zone — just as one project wraps up, another breaks ground. From new apartment towers near the David A. Straz Jr. Center for Performing Arts to the Stovall House on Bayshore Boulevard, take a look at this bird's-eye view of some of the city's biggest construction projects, including the following: Development Venture Group's new 23-story apartment tower at 102 E. Tyler St. Modera Tampa, an eight-story apartment building at 160…

Steve Yzerman’s Bayshore condo sold to new owner (Photos)

July 26, 2019 in /by

Hockey's ultimate captain has sold off his Tampa condo. Steve Yzerman, who officially parted ways with the Tampa Bay Lightning at the end of the 2018-19 season, and his wife, Lisa, sold their Bayshore Boulevard condo for the list price of $1.695 million on Thursday, according to the Multiple Listing Service. The condo, which was 3,316 square feet, hit the market in June. Jennifer Zales of Coldwell Banker Residential Real Estate, who also sold Yzerman's house on Davis Islands, was the listing agent.…

Report shows home affordability in Tampa has improved slightly, remains below historical median

July 23, 2019 in /by

While home affordability in the Tampa area has improved slightly in the past year, homes are expected to stay unaffordable until the next possible recession. A new report from John Burns Real Estate Consulting shows that 57 percent of Tampa metro households are able to buy an existing entry-level home with a 5 percent down payment. An entry-level home in the Tampa metro area costs $172,400, which is 20 percent beneath the median home price of $215,500. Homes have become more affordable than last…