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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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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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What’s Up With Housing?

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These 16 sky-high urban green spaces and edible gardens will grow on you.
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The short answer: Federal flood insurance is a mess and expensive to fix. Government-subsidized NFIP celebrates its 50th anniversary this year, but it hasn’t aged well. It’s deeply in debt and critics say below-market premiums encourage risky construction.
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Borrowers may have a little bit of breathing room if the Federal Reserve delays future interest rate increases that directly impact ARMs and, indirectly, FRMs.
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Gulf Coast commercial real estate markets are poised to continue to generate high growth again in 2019, mirroring — or even eclipsing — the region’s robust stalwart performance of the past year. 
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With more millennials eyeing homeownership, builders are appealing to the city-dweller demographic by designing luxury townhomes.
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Drawing upon the expertise of the industry’s 1 million landscape, lawn care, irrigation and tree care professionals, NALP annually predicts trends that will influence the design and maintenance of backyards across America in the year ahead.
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Falling mortgage rates energized builder confidence in the market for newly-built single-family homes.