Posts by mwoolley_specialevents@tbba.net

Homebuying for the Gen Z’er Back to Blog September 17, 2024 mwoolley_specialevents@tbba.net Gen Z homebuyers – yes, they do exist – have some specific preferences about what they’re seeking. But before you delve into those, recognize that they definitely have an interest in owning homes despite some of the economic challenges in the market. A…

Townhomes Building Sector Thriving Back to Blog August 23, 2024 mwoolley_specialevents@tbba.net The latest housing starts report reflects a significant dip across the nation, but one sector continues to thrive: townhome construction. The National Association of Home Builders analyzed the latest Census Bureau data and drew some favorable conclusions about townhome construction. During the second quarter…

Homebuilding Key Factor in Reversing Tampa Bay’s Inflation Rate Back to Blog August 7, 2024 mwoolley_specialevents@tbba.net From one of the nation’s highest inflation rates to one of its lowest, the Tampa-St. Petersburg area has made a surprising reversal. Tampa Bay had a 1.8 percent inflation rate for the 12-month period ending in May 2024, according…

Building Opportunities for Women in Construction through New Pledge Initiative Back to Blog August 7, 2024 mwoolley_specialevents@tbba.net Many homebuilders started this month with a pledge that goes against the preconceived notion some may hold about construction by committing to the U.S. Department of Commerce’s Million Women In Construction Pledge.  The Pledge encourages companies to build…

Future AD&C Loans Hinge On Expected Fed Rate Cut Back to Blog June 10, 2024 mwoolley_specialevents@tbba.net Home builders’ ability to borrow money for acquisition, development and construction grew more difficult in the first quarter of 2024, but experts continue to believe AD&C loan conditions will improve when the federal government decreases interest rates later this…

Florida Housing Summit Recap Back to Blog May 9, 2024 mwoolley_specialevents@tbba.net Drawing an array of elected officials and state policy makers as well as public and private sector stakeholders, Tampa Bay Builder’s Association presented  Florida Policy Project’s Housing Summitt and delivered a robust and informative discussion about many of the issues affecting housing development, including…

Go big or go home? Nope. Back to Blog April 17, 2024 mwoolley_specialevents@tbba.net Builders seeking bigger housing sales have ignited a trend by going smaller. A new National Association of Home Builders (NAHB) report reveals that new homes built in 2023 reached their smallest median size in 13 years. Why? Builders want to make homes…

Buyers’ Market Shift May be Coming Back to Blog April 17, 2024 mwoolley_specialevents@tbba.net Home sales have risen across the nation and in Florida and Tampa Bay, giving hope to those in the business that the market may shift from a sellers’ market to a buyers’ market. The National Association of REALTORS reported in March that…