The 2023 housing market, etched with the "mortgage rate lock-in effect," is giving way to a potentially more dynamic 2024. While affordability concerns remain paramount, glimmers of hope illuminate the path for both buyers and sellers. Let's navigate the shifting sands with the latest insights:

Gradual Price Moderation:

  • New Construction Takes the Lead: An anticipated uptick in both single-family and multifamily construction will inject much-needed inventory into the market, curbing the pressure on existing home and rental prices. However, Odeta Kushi, deputy chief economist at First American, reminds us, "it will take years of accelerated new home construction to narrow the supply shortage gap."
  • Regional Variations: Nationwide sales are…

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AQUA AT WESTSHORE YACHT CLUB ANNOUNCES SELECTION OF RENOWNED GENERAL CONTRACTOR

LUXURY BUILDER ROUNDS OUT AN AWARD-WINNING TEAM

Tampa, FL (January 3, 2024) – Developer Westshore Group LLC. has announced that Coastal Construction has been selected as the general contractor for its new waterfront towers, AQUA at Westshore
Yacht Club. The selection of one of the largest luxury contractors in Florida and the Southeast is another important milestone achieved by the development.

Coastal Construction Completes a Proven Development Team

Westshore Group LLC carefully selected Coastal Construction to round out an outstanding development team that includes the renowned Curts Gaines Hall Jones Architects, internationally recognized design firm
IDDI of…

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SMITH & ASSOCIATES REAL ESTATE CELEBRATES SELL-OUT SUCCESS OF SALTAIRE IN ST. PETERSBURG

St. Petersburg, FL (January 2, 2024) 

Smith & Associates Real Estate is thrilled to announce the official sell-out of Saltaire, a luxurious condominium residence in the heart of St. Petersburg. The last remaining unit, a stunning penthouse, closed, marking the completion of all transactions for this highly sought-after development.

Saltaire, a beacon of contemporary elegance, has become synonymous with sophisticated urban living, offering residents a unique blend of modern design, panoramic views, and unparalleled amenities. The four penthouses, the crown jewels of Saltaire, all closed within the span of this week, solidifying the project's resounding…

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