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What’s Up With Housing?

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The fates of hedge funds and other investors in Fannie Mae and Freddie Mac could hinge on a yet-to-be written provision of the latest bill to overhaul the entities.
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Check out these 11 inventive and inspiring recycled shipping container home designs.
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U.S. Department of Housing and Urban Development Secretary Carson commits to end homelessness. “We know how to end homelessness and it starts with embracing a housing-first approach that relies upon proven strategies that offer permanent housing solutions to those who may otherwise be living in our shelters and on our streets.”
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The rise in mortgage applications last week doesn’t make sense — unless you factor in fear. Interest rates rose, but borrowers may have jumped in, especially to refinance their current loans, worried that the long run of record low rates is over.
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Foreign Real Estate InvestorsAgain, U.S. at No. 1 for Foreign Investors in Real Estate.
Foreign investors in real estate assign high importance to the potential for wealth and security—and according to new research, the U.S. is expected to offer both more than any other country in 2018.
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Come on Inside The reNEWable Living Home…  More than ever, Americans’ relationship with their homes is evolving. As research strengthens the link between smart design and health, as more extended families come together under a single roof, and as the construction industry grapples with a labor shortage amid demand for resilient, durable homes, builders and architects are realizing it’s time to disrupt the traditional home building process.
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What’s Up With Housing?

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Museums, apartments, condos, a new police station and a dozen other projects mark one of the biggest downtown building booms in St. Petersburg’s 130-year history.
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“Peak Millennial” doesn’t mean what it used to, because Millennials are getting older. And even still, they’re sticking around cities more than older generations.
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Why developers are embracing this growing segment of the luxury condo market. Toll Brothers has made a practice of stretching its brand to accommodate its customers’ shifting tastes.
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UF’s consumer index rose an average 4.6 points in 2017, even though it dropped 1.4 points in Dec. Floridians were “far more optimistic in 2017.”
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More and more affordable housing developers are considering modular construction for their developments because of the time and cost savings prefabricated building can yield.
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Optimistic 2018 Construction Forecast Tempered by Worker Shortage.
The construction industry is expected to continue to grow in 2018, but Florida construction firms face issues of worker shortages and outside competition.
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Freddie Mac says the average rate on 30-year fixed-rate mortgages dropped to 3.95% from 3.99% last week. One year ago, the FRM averaged 4.20%.


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What’s Up With Housing?

New Years

Speculation is a major element of the housing bubble formula. Right now, there are not elevated percentages of investors and house flippers. Therefore, there is not an elevated rate of speculation.
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Tiny houses can teach all of us how to stay organized. Here are some tiny-house rules that will work wonders for big homes.
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As investors remain cautiously optimistic in repositioning their portfolios and recalibrating their strategies for 2018, here are eight trends to watch for in multifamily investment for the upcoming year.


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What’s Up With Housing?

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Buyers at high-end waterfront properties are sparing no expense for storm-resistant features. They’re paying closer attention to the vulnerability of their current property and future property.
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Zillow panel of housing experts and economists sees dynamics carrying forward into next year, with the exception of interest rate rises. And that might be good.
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Home's Collateral ValueNew Challenges for Determining A Home’s Collateral Value.
Fannie and Freddie plan to waive the requirement for professional appraisal of purchase loans with an LTV ratio of 80% or lower.
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DRC commissioners agreed that the 300-foot-high Bezu would be dramatically out of scale with the neighboring Flori de Leon and other nearby structures.


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What’s Up With Housing?

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Suburban-bound Millennials and Other 2018 Housing Trends to Watch.
What’s ahead for real estate in 2018? Zillow economists put their heads together and offered up a laundry list of forecasts and predictions.

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Most millennials say they want to eventually own homes, and only rent because of financial necessity.
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Malls are dying. There aren’t enough homes. Is there a solution? Across America, malls are being repurposed for residences as an oversupply of one meets a lack of the other.
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The Florida housing market recorded increases in sales, median prices, new listings, and new pending sales in October, signaling a rebound from the impact of Hurricane Irma.
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With data on millions of homes nationwide, the folks at Realtor.com think they have a pretty good idea of how the real estate market is doing.
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Last year, mortgage loan limits accepted by Fannie and Freddie rose only slightly for the first time in a decade – but they’ll top out at $453,100 next year.


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What’s Up With Housing?

Give Thanks

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The high-end real estate market isn’t just mansions in Miami – a number of multimillion-dollar horse farms with vast acreage have hit the market lately.
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Info on the current state of the market, how expectations regarding market and company performance changes in 2017, long and near-term strategies, and which industry trends are rising and waning.
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It’s not just a new lid on MID that may impact demand for for-sale real estate. Fewer may also qualify for a mortgage. Doubling the standard deduction might go far to improving many households’ net financial gain, but will that be enough to offset the deductability not only of interest on the mortgage, but property taxes as well as state and local tax?  
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Pinellas County Home SalesHurricane Irma Hurt Some Tampa Bay Home Sales Even in October.
According to figures released by Florida Realtors​, sales of single family homes in Pinellas dropped 3.7 percent in October from the same month a year ago. That was not nearly as bad as September’s 25 percent plunge but it reflects the lingering effects of Irma.
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The most attractive features of an apartment unit to renters turn out to be good management, good cell phone reception and a rent that feels reasonable.


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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.