US homebuilder confidence falls for first time this year

U.S. homebuilder confidence unexpectedly fell for the first time this year in June due to concerns over trade and rising construction costs.

Frank Lloyd Wright-inspired home in Tampa’s Culbreath Isles hits the market for $7.59 million (Photos)

A Frank Lloyd Wright-inspired home in Tampa's Culbreath Isles neighborhood is listed for sale at almost $8 million. The home at 4937 Lyford Cay Road is priced at $7.59 million, Smith & Associates Real Estate said Friday. Mary Kelly is the listing agent on the property. “This home is a truly unique, waterfront home in a setting that is very limited in the Tampa Bay marketplace,” Bob Glaser, president and CEO of Smith & Associates, said in a statement. The sellers, Ted and Bobbie Taub, have…

Go inside a sprawling Davis Islands home that just sold for $6 million (Photos)

A sprawling home with open bay access on Davis Islands has been sold for $6 million. The 7,223-square-foot home at 108 Martinique Ave. sold Friday, according to the Multiple Listing Service. It last sold for $2.85 million in 2002, the year it was built. The house was built by Donald C. Hughes General Contractor Inc., which specializes in luxury waterfront residential construction in the Tampa Bay area. It has six bedrooms, seven full bathrooms and one half bathroom. Traci Burns of Smith & Associates…

Miami’s Related Group buys aging Bayshore apartments for likely redevelopment

The Miami developer has been open about its desire to build waterfront condos in Tampa and St. Petersburg.

Risky borrowing is making a comeback, but banks are on the sideline

It's called shadow banking, and it is a key source of the credit that drives the U.S. economy. In certain areas — including mortgages, auto lending and some business loans — shadow banks have eclipsed traditional banks, which have spent much of the last decade pulling back on lending in the face of stricter regulatory standards aimed at keeping them out of trouble. But new problems arise when the industry depends on lenders that compete aggressively, operate with less of a cushion against losses and have fewer regulations to keep them from taking on too much risk.

Here’s how much home $300K will buy you in Florida and beyond

If you're looking to buy a house with a $300,000 budget, you may want to look outside of Florida if you hope to get a larger home. You'll get the most bang for your buck in Mississippi, and your worst bet is Washington, D.C., according to GOBankingRates. Click through the slideshow above for a look at where you can get the most bang for your buck when buying a home. Using data from Zillow, GOBankingRates analyzed the median list price of homes across the nation to determine how much home…

$370 million portfolio sale includes I-4 corridor apartments

The portfolio includes 11 properties and more than 2,600 apartments.

These are the most and least expensive Tampa Bay neighborhoods for renters

As Tampa Bay becomes an evermore desirable place to live, one might wonder where the most desirable places in the city are for rental. Wonder no more, with this list of the priciest and cheapest rental markets in the Bay area, courtesy of At the top of the list is Harbour Island, with an average rent of $2,253. Uptown Tampa and downtown St. Petersburg complete the trio of priciest places, with average rents of $2,023 and $1,982, respectively. Here are the rest of Tampa Bay’s…