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What’s Up With Housing?

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Wall Street is witnessing the best bull market in homebuilder stocks in years.
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71% of prospective homeowners – largely millennials – believe it’s a good time to buy a home, and 63% remain steadfast in their ideal preferences for a home.
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There’s an interesting program being introduced by Lennar Home Builders and Eagle Home Mortgage.
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Amazon.com will now ship a 320-square-foot shipping container home, complete with appliances, bath fixtures and hookups — just add it to your cart.
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Willing to endure things that go bump in the night for a better real estate deal.
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What’s Up With Housing?

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J.D. Power survey: Overall satisfaction with homeowners policies is at an all-time high, but too few people understand what their policy does/does not cover.
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“This place has good bones”: Home buyers are apt to hear this phrase when they’re touring homes. But what does that mean, exactly?
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Described as a collision of rich blue with jewel-toned green, a color that is both accessible and elusive.
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The newly proposed tax plan includes such things as increasing the standard deduction.
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A mortgage with no down payment seems a little bit like scoring a buy-a-home lottery ticket. You get a home loan and keep more money in your pocket.


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What’s Up With Housing?

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According to Freddie Mac’s Outlook for Sept., new homes will be a primary driver of sales and slightly higher mortgage rates will dampen price increases. But “the economic environment remains favorable for housing,” says chief economist.
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While far from new, eco-friendly and affordable, shipping containers are gaining popularity as an alternative to traditional houses.
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Finding out that you’ll need to come up with thousands of dollars right before closing is not a surprise anyone is ever looking forward to.
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As Congress and the Trump Administration release plans for tax reform, NAR says it will fight to make sure any new tax plan doesn’t discourage homeownership.
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Both on 4th Ave N, The Bezu, is a 24-unit tower close to Beach Drive, and 747 North, an 18-unit project several blocks to the west.


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What’s Up With Housing?

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Homeowners in Florida are finding that homes built to the stricter building codes seem to have fared better during Hurricane Irma.
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NAR’s Call for Action ended Friday. While NAR initially hoped to pass a comprehensive flood bill that lasted years, Harvey aid and Irma’s impending threat last week convinced Congress to postpone major changes. NFIP now expires in December.
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Florida’s housing market continued its positive track in August, with more closed sales, increased pending sales, more new listings and rising median prices.
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FHA loans require a post-disaster inspection in declared catastrophe areas, but a rule that could delay closings has been waived.
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PRO LogoPinellas County Real Estate Statistics for August 2017
Here’s the Stand-Out Stat for August 2017: Median Time to Sale for Single Family Homes was 63 days down 13.7% from 73 days in August 2016.
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Now that the “big one” has finally happened how can you protect yourself?


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What’s Up With Housing?

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Some buyers love the idea of farm living providing it’s in the heart of the suburbs. Like golf communities, agrihoods focus on nature but also sell organic food.
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After falling for the last 10 years, the home-ownership rate increased during the first half of 2017.
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With 10,000 boomers retiring each day, builders remain confident. NAHB’s 2Q 55+ index not only rose 11 points, it’s been in positive territory for over four years.
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What Do Buyers Want More — A Bigger House or a Bigger Yard?
Turns out a big yard gives homeowners the extra ‘breathing room’ they want.
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Siding, Paint, Roofing, Wallboard Join Lumber as Input Inflation Drivers.
As 2018 budget season arrives, it’s time to both model in and do something about cost escalation on building products and materials.
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Tampa Bay Has Two New Million-Dollar ZIP Code Areas — Is Yours One of Them?
The addition of St Petersburg’s 33701 to the million-dollar ZIP list reflects the huge demand for luxury condos along Beach Drive with its waterfront views and wealth of restaurants.
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What’s Up With Housing?

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Icon ResidentialIcon Residential to Open Two New St. Pete Infill Communities.
Floorplans range from 1,400 to 2,600 square feet and start in the $300Ks.
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Can This Crowdfunding Platform Help Build The Kind Of Houses Millennials Want To Buy?
And even if it can–is that the fix urban housing really needs?

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As home prices continue to rise, what will $215,000 get you across Tampa Bay?
Continuing a remarkable run with no end in sight, prices for single family homes in the Tampa Bay area jumped again in May compared to the same month a year ago.

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Active DesignDesigning for Health and Wellness: The Next Great Challenge
We have Sustainable Design to conserve our resources and Resilient Design to protect us from the changing environment. Now Active Design is coming to make us healthier.
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Builders Eye Converting Strip Malls Into Homes
With more home buyers looking for an urban lifestyle, some builders are targeting aging office buildings or defunct car dealerships for development.

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Pinellas County Real Estate Statistics for May 2017
Pinellas County’s closed sales, new pending sales, and new listings all increased from May 2016.

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http://www.TitleSecurityFL.com


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What’s Up With Housing?

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Rural RedevelopmentHow to Rebuild Rural Communities…
Affordable housing and neighborhood revitalization aren’t just urban issues.
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Fewer Tampa Bay Homeowners are in Foreclosure and Late on Mortgages.
As more bay area borrowers regain equity in the their homes, foreclosures and mortgage delinquencies in the four-county area have dropped to their lowest level in a decade.

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Biggest Issues in Real EstateTop 10 Issues Facing the Real Estate Industry in 2017
Purchasing a home, securing a mortgage and even signing a lease are all activities that require some thought about the future.
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Next Buyers’ Market? Two or Three Years?
As price growth slows, more sellers should sell, and one economist predicts the market will “meaningfully swing in favor of buyers” in the next two to three years.
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How the Fed’s Rate Hike Will Affect Refinancing.
If every homeowner with a mortgage who could refinance did today, their potential savings would average $260 a month.
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http://www.TitleSecurityFL.com