Title Security's Blog

Comprehensive Title Insurance & Escrow Services


Leave a comment

What’s Up With Housing?

.

“Everybody took a hit when the market crashed but since the market rebounded, African Americans are the only race that has been declining.”
.
.
.
.
.
Removing upper kitchen cabinets, off-colored bookshelves, streamlined finishes, and built-in furniture are several small-space hacks that can be transferred to any home.
.
.
.
Even if home prices stabilize, interest rates will keep going up, and people who think it wise to wait for the next buyer’s market will probably miss out. CoreLogic predicts a nearly 10% increase in buyers’ mortgage payments by next July.
.
.
.
The recession has ended – but not in people’s heads. It still impacts the decisions of millennials who came-of-age during the economic crash.
.
.
.
.
.
The housing market may be slowing down, but Nobel Prize winner Robert Shiller told CNBC he isn’t fearful that a big downturn is ahead.
.
.
.
.
Scott McGillivray of HGTV’s “Income Property” and “Moving the McGillivrays” shares his picks for the elements that will define home renovation in the coming year.
.
.
.
Nationally, attitudes about the economy improved a bit this month. The Oct. Consumer Confidence Index rose to 137.9 from last month’s 135.3.
Advertisements


Leave a comment

What’s Up With Housing?

.

Plenty of people love a good Halloween scare — as long no one gets hurt. And that includes your house.
.
.
.
.
Not all mortgages are created equal. A LendingTree study looked at lending competition and found Florida buyers can save serious money by comparison shopping.
.
.
.
If buyer demand continues to outpace the current supply of existing homes for sale, prices will continue to appreciate. Nothing nefarious is taking place. It is simply the theory of supply & demand working as it should.
.
.
.
Hurricane Irma impacted Florida’s Sept. 2017 housing market and economy. With that in mind, 2018 Florida Realtors data finds existing single-family sales up 17% year-to-year, median prices up 4.9%, condo sales up 14.6% and condo median prices up 5.5%.
.
.
.
.
Florida led the nation in construction job growth over the past year, according to a new report. Contractors added 70,700 workers to their Florida payrolls, a 14.8 percent growth rate, in the 12 months ending in September.
.
.
.
A trend in Central Florida’s two major multifamily growth markets may be indicative of a national shift from downtown to suburban markets.
.
.
.
.
.
Due to Hurricane Irma last September, the Pinellas County housing market saw a few large swings in sales & listings year-over-year.


Leave a comment

What’s Up With Housing?

.

From tariffs to taxes, these politically charged topics impact building pros across the country.
.
.
.
.
.
“The latest research shows that green and energy-efficient home improvements have the potential to pay dividends for buyers and sellers,” says AI president.
.
.
.
What’s ahead for real estate? Is it a good time buy? Sell? Refinance? Find out what experts predict will happen to housing prices, interest rates, and more.
.
.
.
.
.
The best way to ensure that your home-buying process is a confident one is to find a real estate professional who not only puts your family’s needs first, but will guide you through every aspect of the transaction with ‘the heart of a teacher.’
.
.
.
72% say owning a home is their top priority when it comes to life events. Millennials also tend to equate homeownership with personal (53%) and financial (45%) success.
.
.
.
.
.
The Urban Land Institute’s annual look at the year ahead focuses on technology and transformation at an uncertain moment.
.
.
.
.
.
.
.


Leave a comment

What’s Up With Housing?

.

The members of Generation Z who have bought homes are the exceptions, but their spending power is growing.
.
.
.
.
A correlation is seen between strict land use laws and the rise of home values. Home values and job growth have both risen since 2010, but home values grew much more steeply in metros with stricter land use regulations.
.
.
.
.
According to Time Magazine, the number of female billionaires grew faster globally in 2017 than the number of male billionaires. This redistribution of wealth has seen an impact on luxury real estate both in its purchase and design attributes.
.
.
.
.
Styles and tastes evolve constantly. So, to help keep you up to date, here are six trends to consider incorporating when your clients say they want a fresh look.
.
.
.
.
.
Austin, Texas, is a shining example of how sustainability can contribute to the development and growth of a city.


Leave a comment

What’s Up With Housing?

.

Lower-priced homes have appreciated at greater rates than homes at the upper ends of the spectrum due to demand from first-time home buyers and baby boomers looking to downsize.
.
.
.
.
The housing market is not falling apart. We are just returning to a more normal market which, in the long run, will be much healthier for you whether you are a buyer or a seller.
.
.
.
.
It’s not a news flash to learn that Millennials—people born between 1977 and 1996—love living in the city. But what cities and urban areas in particular do they favor?
.
.
.
.
Early signs of a softening market, after years of sellers having overwhelming control, signal even more seller struggles into the future.
.
.
.
.
.
While AI is poised to make a splash in transportation, medicine, manufacturing, and consumer tech in coming years, it also has the potential to disrupt the apartment leasing industry.
.
.
.
.
Urban Land Institute’s survey predicts continued economic expansion, but lower rate of returns growth on CRE for the next three years.


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?

.

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