Title Security's Blog

Comprehensive Title Insurance & Escrow Services


Leave a comment

What’s Up With Housing?

.

Hurricane Michael’s damage to property in the Florida’s Panhandle region will provide a fresh test of the state’s unusual property insurance market.
.
.
.
When many of the homes on the Panhandle were built, the state had a patchwork of codes from which some buildings here were exempt.
.
.
..
.
As IBM’s Watson adds its computational power to construction sites, tech sees an industry in need of an upgrade.
.
.
.
.
.
.
This cycle is different, in part because construction never took off and an inventory shortage remains. Worst case scenario: Stagnant prices for a year or two.
.
.
.
.
.
The Neighborhood Assistance Corp. of America is hosting events around the U.S. to help buyers with low credit scores get home mortgages with low interest rates.
.
.
.
.
Raise your hand if you’ve seen this: After an inspector has finished a home report, buyers look terrified and seem overwhelmed by supposed flaws that have been found. Recommend they take a deep breath and ask these questions.
Advertisements


Leave a comment

What’s Up With Housing?

.

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.
.
.
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.
.
.
.
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.
.
.
Researchers and real estate experts say people are aware of potential risks in smart homes — and are willing to accept them.
.
.
.
.
.
.
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.
.
.
.
.
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.
.
.
.
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.

SaveSave


Leave a comment

What’s Up With Housing?

.

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.
.
.
.
.
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).
.
.
.
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.
.
.
.
.
Why this story about the cost and value of innovation matters in housing right now.
.
.
.
.
Get ideas for camouflaging your outlets, adding task lighting, and avoiding common kitchen annoyances.
.
.
.
.
.
.
.
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?

SaveSave

SaveSave

SaveSave

SaveSave

SaveSave

SaveSave

SaveSave

SaveSave


Leave a comment

What’s New With The Housing Market?

.

There are a number of reasons why lenders turn down mortgage applications, but some of the most common can be avoided quite easily.
.
.
.
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.
.
.
.
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.
.
.
.
Here are the worst mistakes real estate agents say sellers make when listing their homes — and what you should do instead.
.
.
.
.
“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,”

SaveSave

SaveSave

SaveSave

SaveSave

SaveSave

SaveSave

SaveSave

SaveSave


Leave a comment

What’s Up With Housing?

.

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.
.
.
.
.
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.
.
.
.
.
Simple advice – buy a home and pay off your mortgage early so that you can retire sooner with the money you will have saved!
.
.
.
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.
.
.
.
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.
.
.
.
.
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]

SaveSave

SaveSave

SaveSave


Leave a comment

What’s Up With Housing?

.

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.
.
.
.
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.
.
.
.
.
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.
.
.
.
.
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.
.
.
.
.
The Senate approved a bill this week, and the president signed it, to keep the National Flood Insurance Program operating for 4 more months.
.
.
.
.
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.
.
.
.
.
.


Leave a comment

What’s Up With Housing?

.

Half the mortgage rate gain observed since the start of January has since been erased, according to Zillow.
.
.
.
.
.
But for all the enthusiasm, the tiny-house movement isn’t moving very fast. Financing, zoning laws and entrenched attitudes have conspired to limit tiny houses to a tiny percentage of the nation’s housing stock.
.
.
.
.
The Pinellas County housing market hasn’t shown any let down in the year-over-year median sale price and median time to sale for Single Family Homes and Townhome/ Condos. $266,375 in June 2018 versus $248,450 in June 2017
.
.
.
There are 7 factors that you should consider when choosing your retirement dream home. Evaluating your current house for its ability to adapt with you as you age can be the first step to guaranteeing your comfort in retirement.
.
.
.
The Top U.S. Migration Pattern? New Yorkers Moving to Florida.
Florida was also the top destination for out-of-state movers from New Jersey, Pennsylvania, Michigan and Illinois, though a handful of Floridians moved to Texas.
.
.
.
.
.

 

SaveSave

SaveSave

SaveSave

SaveSave

SaveSave

SaveSave