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What’s New With The Housing Market?

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

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Americans Rank Real Estate Best Investment For 5 Years Running!

Americans Rank Real Estate Best Investment For 5 Years Running!

Take-Aways:

  • Real estate has outranked stocks/mutual funds, gold, savings accounts/CDs, and bonds as the best long-term investment among Americans for the last 5 years!
  • The generations agree! Real estate is the best investment!
  • Generation X leads the way with 37% believing in real estate as the top investment.

 

via The KCM Crew


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What’s Up With Housing?

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Half the mortgage rate gain observed since the start of January has since been erased, according to Zillow.
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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.
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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
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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.
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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.
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What’s New With Housing?

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It’s no surprise that with rents rising, more and more first-time buyers are taking advantage of low-down-payment mortgage options.
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34% of those who purchased a home were unfazed by price and rate hikes, 51% didn’t pay above asking price, and 42% only made one or two offers, according to realtor.com.
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If you are one of the many homeowners across the country who hasn’t quite found their forever home, now may be a great time to list your house for sale and find your dream home!
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After designing an incredibly cheap home, the 20K Initiative is now working with Fannie Mae and others to redesign mortgages and other factors that make home ownership so expensive.
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Be sure serious buyers and sellers understand the difference between the competing home price estimators — and recognize how they’re different from an actual appraisal.

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What’s New With Housing?

July 4th

Outdoor ShowerWhat Buyers Want in Summer Features.
A pool, a fire pit, a BBQ, a dock? Yes, but the outdoor shower bests them all.  A new analysis from realtor.com® shows homes with amenities geared toward summer activities have major appeal for buyers.
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First-time buyers can take as much as $10K out of their retirement fund to buy a home – $20K if a couple is purchasing – provided they follow the rules.
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Robot BuildersWith Construction Workers Scarce, Builders Turn to Robots, Software.
A new generation of prefabricated housing that bears little resemblance to the modular homes of old is among several technologies homebuilders are embracing to cope with the worker shortage. They’re also starting to deploy bricklaying robots and software programs that allow them to avoid miscommunication and delays.
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Some companies that provide student housing say they have seen a shift away from over-the-top amenities that were popular with off-campus renters a few years back.
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It can be hard to keep up on all the popular trends, so Houzz has put together a list of the most popular bathroom trends, ranging from timeless classics to new styles.
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From personalized wellness programs to fitness-focused apps, luxury homes are focusing on making residents feel better.


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What’s New With Housing?

Here are 7 steps to help you get prepared, get organized, and get settled in your new community.
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Healthful LivingThe Future of Housing Will Embody Healthful Living.
Eating, breathing, and sleeping are essential to both short- and long-term health. Yet, our homes—our most fundamental haven for these activities—often aren’t designed to support these most basic of health needs.
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High–impact updates don’t have to come at a high cost. These 6 projects fit in a TV–sized budget and you can tackle them in a weekend.
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This gulf-front Belleair Shore home designed by a student of Frank Lloyd Wright is being marketed as Florida’s first “Bitcoin” home for sale.
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55% of U.S. homeowners with a child under the age of 18 when they bought a home said their child’s opinion was a factor in their home-buying decision.


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What’s Up With Housing?

Wishing all our friends a Joyous Mother’s Day weekend.

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More luxury buildings are luring buyers with amenities that lower stress and lead to inner peace, such as meditation courtyards, yoga studios and herb gardens.
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If you plan to buy a home this year, doing it sooner rather than later could save you thousands of dollars over the terms of your loan.
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The number of respondents who said now is a good time to buy a home in a Gallup poll ticked down, but remains well above 50%.
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They missed a step: Recession-wary young adults skipped the starter home and lived in their parents’ basements, where they saved money for a downpayment.
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What is driving the lift? Americans are optimistic about their prospects for selling, with 45 percent believing now is ideal to list—a high point.
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EDGE District, St. PetersburgEDGE District Designated Florida Main Street Program of the Month.
Since its designation in 2014, the EDGE District has received eight awards for outstanding programs, business and volunteers. EDGE is an acronym for “Entertainment, Dining, Galleries and shops, Etcetera.”
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