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What’s Up With Housing?

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Disney isn’t renowned for pioneering in real estate development but this has actually been at the heart of its parks and resorts strategy for decades.
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April is Florida’s prime selling month, so if you’re putting your home on the market consider this: Cleaning and decluttering can improve the looks of a house but sometimes it takes more than that to really wow buyers.
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According to a new ASLA report, homeowners want to do yoga in their sustainably designed backyards or shared outdoor spaces—while their phones are charging nearby.
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A do-it-yourself home kit arrives on flatbed trucks and even includes nails, so landowners can save on construction costs if willing to invest sweat equity.
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While white and gray continue to dominate, homeowners are opting for more innovative appliances, technologies, and more.
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Title Security Begins Closings at JMC Communities’ New Belleview Place Condominium Project

Belleview Place Carriage Homes

St. Petersburg, Fla. – (April 18, 2018) – Title Security has closed the first building of Carriage Homes at JMC Communities’ Belleview Place in Belleair, Florida. Title Security has had a long and successful relationship with JMC, having closed approximately 2,550 condominium homes for them throughout the Tampa Bay area. Most recently, Title Security handled all closings for JMC’s Ovation, Rowland Place and Victoria Place along with Clearwater Beach’s Sandpearl Residences and Suites.

Since 1983, Title Security has been providing comprehensive title and escrow services throughout the Tampa Bay area. “The Title Security team has continued to provide our homebuyers with a friendly and accurate closing experience, and we are very grateful to be working with such a professional group,” stated Mike Cheezem, Owner/CEO, JMC Communities. Belleview Place will begin closings on their first phase of condominiums in June.

Title Security Chairman, Harvey Ford said, “The JMC organization has always stood for integrity and quality… we are very grateful to be associated once again with one of their fine communities.” Ford continues, “Belleview Place will meet Belleair’s growing desire for a well conceived, value conscious residences with a thoughtful nod to the town’s important history.”

About Title Security

Title Security is a full service title insurance company, enthusiastically handling each aspect of the closing process. From securing a clear title, to fulfilling lenders’ many closing requirements, to facilitating the document preparation and settlement statement, Title Security creates smooth, hassle-free closings for all parties involved. For additional information, visit www.TitleSecurityFL.com.

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What’s Up With Housing?

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“Invisible Sustainability,” the blending of sustainable design principles with an aesthetic that is rigorously minimal.
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The share of self-employed construction workers remains high, even as housing recovers.
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Flood insurance got more expensive this month, and it may become even pricier depending on how Congress handles the July 31 deadline to address the National Flood Insurance Program.
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It’s important to vet your subcontractors well, as you may end up paying for their potential default or mistakes.  These best practices can help ensure you have the right pros working for you.
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Homeless VetsFlorida Receiving $567,928 to Help Homeless Vets.
HUD and the VA will provide housing vouchers to help 5,211 U.S. veterans nationwide find a home. In Florida, 13 agencies across the state will split the funding.
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Suburban municipalities can help pave the way for new development by making zoning adjustments that ensure density.
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What’s Up With Housing?

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Owning a home has always been, and will always be, better from a financial standpoint than renting.
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Second cut to state’s biz rent tax in as many years takes effect Jan. 1, 2019. Combined with last year’s cut, some Florida businesses will be saving nearly $100M each year.
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12% of millennials surveyed cited “rising rents” as the trigger that sparked them to become homeowners, while 17% said family needs; for 55+ buyers, 20% said privacy. Overall, 44% want a three-bedroom home, and 93% want at least two bathrooms.
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A new report from a federal watchdog finds that the Federal Housing Administration incorrectly insured approximately 9,507 borrowers who were actually ineligible.
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This marks seventh-consecutive month of home price increases nationwide.
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Every year that passes, the more population patterns are starting to look like the old sprawling dynamic serving suburban and exurban demand.


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What’s Up With Housing?

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Building Permits on the Rise in FloridaFlorida Building Permits Rose 20.8% Year-to-Year.
Home construction continues to lag nationwide, but increases in Fla. and the West are being offset by decreases elsewhere, such as New Hampshire’s 43.1% drop.

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Governor Scott Signs Real Estate-Related Bills Into Law.
New laws will boost flood insurance warnings, tinker with HOA covenant and restriction rules, and change the way Fla. regulates and defines “mortgage lenders.”

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The Pinellas County real estate market is continuing to see higher sale prices and homes moving at a faster rate for both the Single Family and Townhome/Condo markets compared to February 2017.
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As more multifamily developers experiment with modular construction, its use is increasing.
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Did you know that St. Pete offers no-interest loans for qualified first-time home buyers and for qualified homeowners who need help to rehab their houses?
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The premium hikes, which are required by law, will be as little as 2% for some properties and as high as 24% for others. The average increase will be about 8%.


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What’s Up With Housing?

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As early investors in bitcoin gained massive wealth, interest in the cryptocurrency also grew and started reaching other industries — real estate, in particular. Some real estate startups have launched tokens backed by property assets while another created a blockchain for recording real estate transactions, leading to the first-ever U.S. property transfer recorded using blockchain.
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Land and construction costs have increased sharply since the end of the last boom a decade ago, and construction activity remains at an almost 60-year low.
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Florida Building Codes Thwarted Hurricane Damage…
Florida’s building codes top all other states, according to a report that found the state’s newer properties were better able to withstand Hurricane Irma damage.
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The key component of smart homes and home automation is the Internet of Things (IoT). It has allowed us to connect our devices and home appliances with each other with the help of internet.
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Home sales jumped in February, showing buyers may not be as concerned about interest rates and taxes as previously thought.


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What’s Up With Housing?

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If you’re like the vast majority of home buyers, you will choose to finance your purchase with a mortgage loan. By preparing in advance, you can avoid the common delays and roadblocks many buyers face when applying for a mortgage.
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Exterior maintenance matters. Here are four projects that will boost your home’s curb appeal while curbing the need for costly maintenance down the road.
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The tax reform bill also might be contributing to the growth in home plans. Eighteen percent of the respondents doing projects said they have increased their remodeling budget as a result of their taxes getting lowered.
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In the next few years it might become fast and easy to secure a mortgage as blockchain technology quickly ties all financial accounts into the home transaction.
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It’s anyone’s guess what the coming years will bring in terms of home layouts. For now, here are the five hottest home design trends impacting floor plans in 2018.
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Mortgage Rates FallMortgage Rates Fall For The First Time This Year…
The average rate on a 30-year FRM slipped to 4.44% from 4.46% last week due, in part, to a government report that inflation pressures may be easing.
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Multi-Family TrendsThese Trends Are Radically Disrupting Multifamily Housing.
Renters’ desire for personalization and less stress, integration of AI and IoT into apartment infrastructure, concentration of 35+ age groups will drive multifamily in next 12 years.
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