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When homeowners vanish amid a foreclosure, neighbors can be left with eyesores: unruly lawns scattered with debris and mold growing on homes and driveways. ...more
November 3, 2009
The future is uncertain for another big Tampa Bay area condominium project that was foreclosed on today. Corus Bank, the lender of the $74.8 million Lansbrook Village Condominiums in Palm Harbor, took back the property today after its Atlanta-based developer defaulted on payments, according to online Pinellas County court records. ...more
August 12, 2009
Forecasters predict a relatively mild hurricane season this year. If their projections bear out, it couldn't come at a better time. Floridians face the worst recession since the 1930s, with double-digit unemployment rates, broad job losses across several industries and a disastrous real estate market clogged with foreclosures and vacant homes. In a state reliant on tourism and housing, a major hurricane could plunge the economy into an even steeper decline. Perhaps we'll be fortunate again. If not, here's a look at the grave effects of a major storm on Florida's historically vibrant economic engines: housing, tourism and jobs. ...more
June 14, 2009
Only a few years ago, Pinellas County and city officials were worrying aloud that condo developers were going to snatch up all the county's waterfront property, driving off the Pinellas tourism and hospitality industry. Long before that could happen, the state's real estate market collapsed, bringing the condo development craze to a halt. ...more
May 30, 2009
Our condominium documents prohibit placing "for sale" signs in windows or on the property of a unit. This is denying us the right to sell our property in this horrible economy. Exposure is the only way we can hope to sell our unit. ...more
March 8, 2009
A developer is selling property at Gandy and West Shore boulevards where hoped to build a "green" housing development and has asked the city to reduce the size of his community development district, or CDD, so that the owners of a commercially zoned parcel where he planned to build several restaurants and shops can put their land on the market. ...more
February 17, 2009
Carol Carrier never thought she'd become a landlord. But when the real estate market tanked and her two sons couldn't sell the condominium they'd bought as an investment on Harbour Island, they turned to Mom. They wanted her to help them rent the one-bedroom unit until the market improved. ...more
January 11, 2009
Thirty-two plaintiffs who contend they were taken in by a nudist resort's bait-and-switch sales tactics will have their case heard this week. ...more
October 27, 2008
When he moved to Bridgewater in 2005, Mark Spector paid more than $350,000 for his home on Bridgegate Drive. ...more
October 19, 2008
There could be a use for a former church building the city of New Port Richey bought during the brief period of optimism about downtown redevelopment. ...more
October 8, 2008
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