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What’s Up With Housing?

 

Demand for single-family homes declines along with fertility rates, and changing U.S. demographics could boost demand for townhouses and condos.
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Realtors® this fall continue to say the primary impediments stifling sales growth are the same as they have been all year: not enough listings.
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Tuesday’s topics of discussion ranged from how to tackle the homelessness epidemic in major U.S. cities to whether crowdfunding has a place in the commercial real estate industry.
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Tampa Bay has more zombies — of a certain kind — than most anywhere.
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What’s Up With Housing?

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Housing Shortage
The Fed is pre-emptively raising interest rates so the economy doesn’t overheat. But overheating is not the current problem.
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Can the economy support a strong housing market without help from Washington?
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A home inspection can make or break a real estate transaction. See what goes into a home inspection, and whether waiving that condition is a good idea.
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How will we be living in 10 years’ time? Futurist Morris Miselowski tells us his predictions about where and how we’ll be living a decade from now.


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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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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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Check out the slideshow for which ZIP codes saw the most homes sell, as well as the average and sale prices for each ZIP code.
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The short answer: No, according to a JPMorgan study. Sharp housing price corrections are rare, they say, even after a large run-up in home prices.
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Tesla Installs First Solar Roofs
The roofs were first announced last October, with online orders beginning in May. The carmaker’s new solar roof tiles are made to resemble regular roofing.
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Homeownership Rate Rebounds from 50-Year Low
Good news for Real Estate… The U.S. homeownership rate may have finally bottomed out, as the share of Americans who own homes is steadily climbing.
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Florida Consumer Confidence Rises 1.5 Points in July
Consumer sentiment among Floridians hit its second-highest level since 2002. Of the five components that make up the index, three increased and two decreased.

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What’s Up With Housing?

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The latest County numbers are in for June and they show that the market continues to hold strong, including the highest Closed Sales figure for the Single Family Homes segment since at least 2009.
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Instead of dormitory-style buildings, flexible mass-produced housing pods might offer a way to sidestep zoning code barriers and get people off the streets.
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What do Americans click most on home remodeling websites? Currently, they’re drawn to modern, high-end finishes, spa-like bathrooms and chic industrial features.
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Once in the top five nationally for foreclosure filings, the Tampa Bay area no longer makes even the top 25.
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Lower Mortgage RatesMortgage rates drop below 4%.
After two weeks of increases that took the 30-year fixed-rate mortgage to 4.03%, it dropped back this week to an average 3.96%.
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What’s Up With Housing?

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Modular High RiseModular High-Rise Allows Residents to Customize Prefab Units.
Architecture studio penda releases plans for a mixed-use garden tower that marries dense, urban living and natural elements.
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10 Steps to a Stress-Free Barbecue
Ensure that your barbecue goes off without a hitch by taking a look at these tips to plan ahead and keep the party going when night falls.

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Maria WellsFlorida Realtors’ 2017 President Says Property Rights is a Priority.
In Tallahassee, Maria Wells pushed for state money for affordable housing, an issue that has re-emerged as home prices rise, Wall Street landlords snap up single-family homes and housing starts remain sluggish.
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Canadian FlagCanada’s Housing Market Could Pose Trouble for the Rest of Its Economy.
While there is a positive economic forecast, a housing bubble could change everything.
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Housing CharacteristicsCensus Bureau Releases 2016 Housing Characteristics Report…
Everything you need to know about the housing market, in numbers, is here. Considering characteristics such as the number of bedrooms and bathrooms, the location of the laundry, presence of homeowner’s association, the buyer’s source of financing and the structure’s square footage.
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