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What’s Up With Housing?

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While the rates on ARMs and FRMs can rise on their own, the Fed’s latest report to Congress suggests little policy change until it sees the economy’s next move.
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The DeNunzio Group hopes to develop a true mixed-use building unlike anything else offered downtown, with a range of uses including retail, office, hotel, residential, and, hopefully, public parking.
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If you’re looking to draw in buyers this year, start in the laundry room. According to the latest What Home Buyers Really Want (2019 edition).
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The most expensive home defects—uncovered in 9 to 20 percent of the homes studied—ranged in repair prices from slightly more than $1,000 to less than $10,000.
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Starting in 2023, no new building permits will be issued in the Florida Keys, a stipulation of a 1970s state mandate aimed at controlling development in the environmentally sensitive archipelago.
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Surveying buyers, the builders say that most of them want a house with a median size of about 2,066 square feet… down from average size of 2,576 SF in 2018.
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If there is one thing we know about the future, it’s that smart technology will increasingly be an everyday part of our lives.
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Attitude of Latitude Margaritaville is that “good times” are a big business idea for 55+ home shoppers.


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What’s Up With Housing?

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Doing your due diligence when buying a home is paramount especially when you are a first time home buyer. See what you should be checking before purchasing.
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Overall, bathrooms are becoming larger, cleaner, and sleeker, focusing on a minimum of elements such as surfaces and fixtures.
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Bubble fears are based on memories of the housing meltdown more than reality, some experts say. As long as buyer demand remains high and new-home production low, there’s no bubble to burst. Prices are a result of demand, not risky lending.
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Don’t wait for a competitive market; be ahead of the curve and sell your house at the best possible price!
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Pent-up demand from a new generation of first-time home buyers and a low supply of single-family housing should drive long-term residential new construction growth.
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Over the past few decades, green design has rapidly evolved from its early roots as a residential fringe movement, and, since then, much has changed about the way people live.
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Resort-style amenities were once a standard for condo projects. Today, buyers are looking for more service-style amenities.


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What’s Up With Housing?

Happy Presidents’ Day

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Overall, closed sales were slightly down from 2017, but sale prices were up!
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357 on Fifth, a 13-unit condo project, had been planned for 357 Fifth St. S in downtown St. Petersburg has now been scrapped and the property is up for sale for $1.3 million.
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Should a solar lease be regulated as a utility if it “sells” power to homeowners? The state says no, so solar-using homeowners needn’t fear new regulations.
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It takes more than changing the size of a home to change the mentality of the people who live inside.
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Homes need to combine a tight building envelope with mechanical ventilation and air filtration to provide consistently fresh indoor air. Healthy homes also provide optimal natural light.
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Prices continued to rise in all four bay area counties but the rate of increase has been cut in half since 2016, according to figures released Tuesday by Florida Realtors. Sales also lagged.
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Millennial home buyers are taking a long-term view when buying, and also tend to value safe neighborhoods and good schools over walkability and short commutes.


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What’s Up With Housing?

Valentines Day

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Three recent lawsuits pit one side against the other giving rise to tension between those intent on preserving the old and others who consider that advocacy a violation of property rights.
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There has been a shift in demand for rental housing due to demographic and other changes in our society.
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Strong job growth, tax law changes and an increasingly youthful population are among the factors making the Tampa Bay area far more attractive to investors than it was a decade ago.
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Repurposed with style.
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New York faces a big fiscal shortfall that its governor blames, in part, on tax reform. He says more residents are now moving to lower-tax states – notably Florida.
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The St. Petersburg City Council voted Thursday to allow development of a 21-story mixed-use building near Mirror Lake to move forward.


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Top 8 Home Design and Remodeling Trends for 2019

If you’re a current homeowner, or in the market to buy, you’re probably curious about the latest trends in home design.

Sellers who make strategic updates before listing a property can generate increased interest from buyers and, in some cases, a premium selling price. And buyers should consider which features of a home will need updating immediately (or in the near future) so they can factor renovation costs into their overall budget.

Even if you have no immediate plans to buy or sell, we advise our clients to be thoughtful about the colors, materials, and finishes they select when planning a remodel. Making over-personalized or unpopular design choices could hurt a home’s value when it does come time to sell. And selecting out-of-style or overly-trendy elements could cause your renovation to feel dated quickly.To help, we’ve rounded up eight of the hottest home design trends for 2019. Keep in mind, not all trends will work well in every house. If you plan to buy, list, or renovate a property, consult a professional who can help you realize your vision and maximize the impact of your investment.

  1. WARMER PAINT COLORS

White and grey aren’t going anywhere, but expect to see warmer tones and more earthy neutrals popping up in 2019. Cold whites are being replaced by warmer, softer whites. And warmer tones of grey have become a popular alternative to the cooler grays we were seeing earlier in the decade. Dove grey—with a lilac undertone—is a particular favorite with designers this year.

Sherwin Williams chose Cavern Clay, a warm terracotta, as its 2019 color of the year, while Behr selected Blueprint, a mid-tone blue. Benjamin Moore’s selection is Metropolitan, a sophisticated grey.

If you’re preparing to sell your home, consider a light, neutral paint color. Neutral colors provide a blank canvas upon which a buyer can envision placing their belongings, and lighter colors make a room appear larger and brighter.

 

  1. MIXED METALS

Don’t feel limited to using one metallic finish throughout your home—or even throughout a single room. Designers are mixing metals in 2019, and their favorites include copper, brass, pewter, gunmetal, and matte black.

Experts suggest picking one metal hue to dominate your color palette and a contrasting tone to complement it. If your room has a warm color palette, choose a warm-hued primary metal, such as brass or copper. For cool palettes, choose a cool-toned metal, like pewter or stainless steel. You can also experiment with mixing finishes, such as polished and hammered copper.

From faucets to cabinet pulls to accent pieces, swapping out your old or dated fixtures is an easy—and relatively inexpensive—way to modernize your decor. Mixing metals adds depth and gives your room a more curated look.

  1. OUTDOOR ELEMENTS

Bringing outdoor elements into the home can help warm up a sterile space. And natural materials can soften a modern design esthetic.

Homeowners are increasingly looking for ways to incorporate these materials throughout their home. Especially popular right now: stone, copper, concrete, and wood. From concrete showers to agate stone tiles, designers are finding unexpected ways to bring the outside in.

One notable exception: granite countertops. Engineered quartz—a combination of ground quartz and resin—overtook natural granite stone as the most popular countertop material in 2018. This durable, low-maintenance, highly-customizable product has won over homeowners and designers alike.

 

  1. ALTERNATIVE APPLIANCES

Stainless steel has been the industry standard for years, but the market is trending toward variety and fresh alternatives. Homeowners have more options available than ever to personalize their kitchens with vibrant colors, black stainless, or modern white appliances. Another favorite? Integrated appliances that blend seamlessly into cabinetry. Built-in column refrigerators, which allow you to customize the design and size of your freezer and refrigerator, are becoming a “must-have” in high-end homes.

Advancements in technology have also brought a new wave of appliances to the market. Induction cooktops are replacing commercial gas ranges as a gourmet favorite. And french door ovens and steam ovens are also gaining in popularity—especially ones with smart features you can control from an app on your smartphone.

  1. COLORFUL KITCHENS

White will always be a classic choice, but color is finally coming back to kitchens. More homeowners are choosing cabinets in alternative neutrals like black, cream, and grey, along with colorful options like green and blue. Also popular? Wood cabinets in stains like warm chestnut and fruitwood.

Two-tone kitchen cabinets remain a homeowner favorite, as well. To incorporate this trend, try pairing darker lower cabinets with lighter upper cabinets or a colorful kitchen island with neutral-colored perimeter cabinets.

 

  1. OPEN SHELVING

Swapping upper kitchen cabinets for open shelves continues to be a popular choice in 2019. It’s a cost-effective update that can make a kitchen feel larger and brighter. However, it’s not a practical option for everyone. Before you commit, test it out by removing your cabinet doors for a few weeks. See how it feels to have your glasses and dishware on display.

Not ready to give up all your upper cabinet storage space? Replace just one or two upper cabinets with open shelves for a lower-commitment but still-updated look.

  1. STATEMENT TILE

The ubiquitous white subway tile is finally fading in popularity. In 2019, homeowners are gravitating toward more colorful choices, creative textures and finishes, and alternative shapes. Especially hot right now: hexagons, arabesques, diamonds, and Moroccan fish scales.

Natural stone remains a favorite, including marble, quartzite and river rock. But advancements in porcelain tile that mimics stone, and even concrete, has made it an attractive, affordable, and low-maintenance alternative.

 

  1. SHOWCASE CEILINGS

Once an afterthought, ceilings are taking center stage. While 2018 was all about statement walls, statement ceilings are shaping up to be the darling of 2019. Designers are using bold paint colors, wallpaper, intricate moldings, fabric, and other materials to transform a ceiling into something truly special.

Want to incorporate this trend without going too bold? Choose a classic design, like coffered or wooden beams. Or stick with wood paneling or tin tiles for a more timeless look. Even something as simple as painting a ceiling the same color as the walls can make your space feel more modern.

 

Want to learn more about how to stage your home to sell? Contact us at, info@TitleSecurityFL.com to request a free copy of our report:  10 Staging Secrets From the Pros for a Quick Sale at Top Dollar!

 

Sources:

  1. Decor Mag –
    https://www.decoraid.com/blog/home-design-trends-2019
  2. Gates Interior Design –
    https://gatesinteriordesign.com/hottest-new-kitchen-and-bath-trends-for-2019/
  3. House Beautiful –
    https://www.housebeautiful.com/home-remodeling/interior-designers/a24844028/home-trends-for-2019/
  4. Houzz –
    https://www.houzz.com/ideabooks/114552119/list/32-home-design-trends-that-will-rule-in-2019
  5. Invaluable –
    https://www.invaluable.com/blog/mixing-metals/
  6. Real Simple –
    https://www.realsimple.com/home-organizing/decorating/decorating-tips-techniques/design-trends-2019-according-to-designers
  7. Sebring –
    https://sebringdesignbuild.com/top-trends-in-kitchen-design/


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What’s Up With Housing?

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Soft yet lively. Bold yet comforting. Meet Living Coral, Pantone’s Color of the Year. Learn how designers are incorporating this peachy keen hue.
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When it comes to determining the latest trends in interior design, it’s wise to consult the experts who are interacting with living spaces every day.
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With $80 million in pre-sales, downtown Tampa’s tallest building’s $24.5 million loan is proving the city has become a 24-hour destination.
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Fortunately for Floridians, federal and state programs and mortgage products are aimed at first-time homebuyers to help ease the burden and make homeownership possible.
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The 1,000-unit Mark, in the Dutch city of Utrecht, will be complete by 2023. The majority of its units will be low- and medium-income housing, or “care homes” for the elderly.
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To Realtors®, homeowners and others who ask, “Are we in another house price bubble?” – the answer is “No,” according to Dr. Len Kiefer, Freddie Mac deputy chief economist.
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Patterned tile, faux hardwood, and natural colors were among the popular looks at the January trade show in Las Vegas.


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What’s Up With Housing?

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Blockchain could have a substantial impact across many industries and applications, not least of which is real estate.
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Luxury amenities are trending towards ‘wellness’ and the ultra-wealthy are moving away from business as being their first priority to finding a place of ‘balance.
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“Fixer Upper” star Joanna Gaines knows not only how to make a house look beautiful, but also how to make it smell great.
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Baseball legend Fred McGriff’s Florida home has spent four years on the market, with five agents and two big price drops. From $6.9 to 3.5 million…
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Long gone are the days of closets being relegated to stashed-away space. The closets home pros are designing and homeowners seem drawn to now offer just as much style sense as storage.
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The 400 block of Central Avenue has never seen a building as tall as the Red Apple Group’s proposed tower. Some aren’t ready for that kind of development.
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