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What’s Up With Housing?

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A quarterly survey of 100 real estate economists found that 43% expect a buyer’s market to return in 2020, and 25% think it will happen before the end of 2019. However, 18% predict 2021, 6% pick 2022 and 9% think it will take longer.
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Statewide, home flips accounted for 5.7 percent of all home sales in the period, down 18 percent over the year and the 10th highest rate in the U.S.
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Don’t wait until disaster strikes to find out if your homeowners insurance policy has you covered. Discover the surprising truth about perils that are not included in a standard policy, and learn how to minimize your risk while saving money on premiums.
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Researchers and real estate experts say people are aware of potential risks in smart homes — and are willing to accept them.
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If the right thing for you and your family is to purchase a home this year, buying sooner rather than later could lead to substantial savings.
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Few residents knew that garage doors present a major risk; that generators silently kill; or that cleanup costs can be prohibitive even with homeowners insurance.
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New York, New Jersey and Florida remain the top three states for the risk of mortgage fraud as fraud on mortgage applications ticks up nationally.

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What’s Up With Housing?

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You don’t have to declare war with your bank account — it is possible to achieve a happy compromise. Low-cost decor that looks expensive really exists.
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The construction industry is running out of workers to build all those new condo towers, housing developments and highway projects. The shortages span the trades, with pipelayers, sheet metal workers, carpenters, concrete workers, pipefitters and welders in particularly high demand.
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If all continues on its current track, construction costs could continue to increase, and mortgage rates could reel in.
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Blueprint is a bold color choice, but not overwhelmingly so—it’s still soft enough to fit into homes full of neutrals and pastels.
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Even in a tight labor market, single-family builders are less likely to offer health, dental, and 401(k) plans compared with larger U.S. companies.
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NAHB Economist Robert Dietz offers a way to break the low inventory, high home price cycle.

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What’s Up With Housing?

Despite a shortage of available homes, many Tampa Bay sellers are getting a rude awakening when the sign goes up but no offers come in.
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Cerberus Capital Management is said to be raising over $500 million to buy single-family rental homes. Amherst Holdings is planning to raise $1 billion to buy single-family homes and rent them out.
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There are many conflicting headlines when it comes to describing today’s real estate market. Some are making comparisons to the market we experienced 10 years ago and are starting to believe that we may be doomed to repeat ourselves.
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The Aug. Consumer Confidence Index rose to 133.4 – its highest level since Oct. 2000; both current outlooks and future expectations rose more than 5 points.
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Is your bathroom draining the good energy from your home? Restore the balance, and fix these feng shui faux pas—fast.

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What’s Up With Housing?

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The new technology should give buyers new loan options as the ultra-secure platform makes it safer and easier for private individuals to lend money to strangers.
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We will not have a glut of inventory like we did back in 2008 and home values won’t come tumbling down. Instead, if demand weakens, we will return to a normal market (approximately a 6-month supply) with historic levels of appreciation (3.6% annually).
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Florida Realtors Pump Another $500K Into Amendment 2 Push.
Florida Realtors are supporting a proposed constitutional amendment that would make permanent a cap on increasing property taxes for non-homesteaded properties.
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Why this story about the cost and value of innovation matters in housing right now.
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Get ideas for camouflaging your outlets, adding task lighting, and avoiding common kitchen annoyances.
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Rental units are the fastest-growing segment of the housing market. At the same time, the vacation rental marketing is also booming. But which is a better investment: leasing your property to a long-term tenant or renting to travelers on a short-term basis?

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What’s New With The Housing Market?

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There are a number of reasons why lenders turn down mortgage applications, but some of the most common can be avoided quite easily.
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Four Secrets to a Stylish Smart Home.
Smart Home products don’t always prioritize looks. That’s fair, since what most consumers want out of a smart device is brains, not beauty.
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Florida’s housing market reported rising median prices, fewer days to contract and a continuing tight supply of inventory in June, according to the latest housing data.
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Here are the worst mistakes real estate agents say sellers make when listing their homes — and what you should do instead.
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“The good news is that builders continue to report strong demand for new housing, fueled by steady job and income growth along with rising household formations,”

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What’s Up With Housing?

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An FHA loan with a low down payment can be a lifesaver; but, as one newbie home buyer discovered, it isn’t all smooth sailing.
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Only Gen-X Household Wealth Has Recovered Since the Housing Crash.
The generation that lost the most is the fastest to bounce back, with median net worth up 115% since 2010.
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Simple advice – buy a home and pay off your mortgage early so that you can retire sooner with the money you will have saved!
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If boomers see the pool of buyers shrinking and home-price increases slowing, will they decide it’s time to cash in and downsize? And if they do, will the market be flooded with listings? Some economists think that things could change quickly.
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In cities nationwide, home prices are at or above their pre-recession levels. It’s no bubble, but that doesn’t mean a drop isn’t coming.
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How does housing impact the health and well-being of its residents? What responsibility does housing have to its occupants, and how is it changing? [VIDEO]

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What’s Up With Housing?

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It’s been 10 years since the Great Recession, but most home prices in the Tampa Bay area still haven’t reached their pre-recession peak, according to numbers released by Zillow.
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The CFPB had about 1,200 reverse-mortgage consumer complaints over 3 years. People cited “confusion and frustration over the terms” and loan-servicing problems.
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Home buyers young and old want high-tech features in their homes. Across the board, and across the generations, security and convenience are of primary interest.
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Despite rising prices, Tampa remains one of the best cities in which to flip houses ranking 10th among 172 cities compared on such metrics as median purchase price and average remodeling costs.
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The Senate approved a bill this week, and the president signed it, to keep the National Flood Insurance Program operating for 4 more months.
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Young People Don’t Want Construction Jobs…
Disinterest in construction work is contributing to a labor shortage that has meant fewer homes built and rising prices—possibly for years to come.
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