Title Security's Blog

Comprehensive Title Insurance & Escrow Services


Leave a comment

Housing News: A Week In Review

Realtors… Please Save This Date: December 12, 2017 – 9:00am to 10:am
Title Security’s Coffee Corner will help you learn how to better navigate the sections of the FR/BAR contract that impact your closings.

The Senate is working on its own legislation so the final outcome remains undetermined.
.
.
.
.
Are “smart homes” selling better than their unconnected rivals? Savvy sellers can add smart lighting, doorbell, lock, thermostat and security for about $2,100.
.
.
.
.
In his new book, ‘Artemis,’ Andy Weir geeks out on how homes and cities could one day be built on the lunar surface.
.
.
.
.
.
.
“Rising homeownership rates and limited housing inventory” are two factors driving demand for housing says Robert Dietz with the National Association of Home Builders.
.
.
.
.
The 53-acre Water Street Tampa will include two sister residential towers connected by a large commercial space.
Advertisements


Leave a comment

What’s Up With Housing?

.

“Convenience is one of the most attractive qualities to Millennials and something real estate developers should keep in mind…”
.
.
.
.
NAR says the just-announced tax proposal is “nowhere near as good a deal as the one middle-class homeowners get under current law.” NAHB says it “abandons middle-class taxpayers in favor of high-income Americans and wealthy corporations.”
.
.
.
Would you live in a shipping container? Check out these inventive recycled container designs.
.
.
.
.
.
Pet owners face unique challenges when buying and selling a home. Not all neighborhoods, houses or condos will love their dog as much as they do.
.
.
.
.
.
If you’re thinking of selling and moving down, waiting might make sense. If you are a first-time buyer or a seller thinking of moving up, waiting probably doesn’t make sense.
.
.
.
NAR: Before its Dec. 8 expiration date, NFIP will likely be OK’d for another extension to give Congress time to finalize a longer-term revamp of the program.
.
.
.
.
.


Leave a comment

What’s Up With Housing?

.

J.D. Power survey: Overall satisfaction with homeowners policies is at an all-time high, but too few people understand what their policy does/does not cover.
.
.
.
.
.
“This place has good bones”: Home buyers are apt to hear this phrase when they’re touring homes. But what does that mean, exactly?
.
.
.
.
Described as a collision of rich blue with jewel-toned green, a color that is both accessible and elusive.
.
.
.
.
The newly proposed tax plan includes such things as increasing the standard deduction.
.
.
.
.
.
.
A mortgage with no down payment seems a little bit like scoring a buy-a-home lottery ticket. You get a home loan and keep more money in your pocket.


Leave a comment

What’s Up With Housing?

.

Homeowners in Florida are finding that homes built to the stricter building codes seem to have fared better during Hurricane Irma.
.
.
.
.
.
NAR’s Call for Action ended Friday. While NAR initially hoped to pass a comprehensive flood bill that lasted years, Harvey aid and Irma’s impending threat last week convinced Congress to postpone major changes. NFIP now expires in December.
.
.
.
.
.
Florida’s housing market continued its positive track in August, with more closed sales, increased pending sales, more new listings and rising median prices.
.
.
.
.
.
FHA loans require a post-disaster inspection in declared catastrophe areas, but a rule that could delay closings has been waived.
.
.
.
.
PRO LogoPinellas County Real Estate Statistics for August 2017
Here’s the Stand-Out Stat for August 2017: Median Time to Sale for Single Family Homes was 63 days down 13.7% from 73 days in August 2016.
.
.
.
.
Now that the “big one” has finally happened how can you protect yourself?


Leave a comment

What’s Up With Housing?

.

The bill working its way through Congress has “significant improvements,” including a commitment to protect current owners from substantial rate increases.
.
.
.
.
For the sixth consecutive month, May home prices venture into record territory.
.
.
.
.
.
.
.
The CFPB recently loosened rules, and agents now have easier access to the closing disclosure providing certain private information is removed. However now, as before, the lenders decide how to handle it.
.
.
.
According to Bankrate’s latest Financial Security Index Poll, Americans who have money to set aside for the next 10 years would rather invest in real estate than any other type of investment.
.
.
.
.
For the second time in six weeks, a company connected to the same lawyer stood poised to profit from a Pinellas County foreclosure auction that confused even experienced real estate investors.
.
.
.
.
It’s cheaper to rent than own a home in 11 states, but Florida’s average monthly rent, $1,543, is still higher than the cost of an average monthly mortgage: $1,376.


Leave a comment

What’s Up With Housing This Week?

 

Millennials May End Up Competing with Baby Boomers in Housing Market.
These two groups make up different segments of the home buyer market but they are searching for similar things.
.

.
.

Kitchen Remodeling TrendsThinking About Remodeling Your Kitchen?
Homeowners generally wanted new flooring, countertops, cabinets, sinks, and faucets when they had their kitchens remodeled, says a new report.

.

.

Flood InsuranceShould Congress raise the cost of flood insurance? How much?
The National Flood Insurance Program expires Sept. 30 and is $25 billion in debt. NAR has made flood insurance renewal a top priority, and lawmakers are now considering some dramatic program changes to keep it solvent and operational.

.

.

Low Mortgage Rates30-year mortgage rate falls below 4%.
Long-term U.S. mortgage rates fell this week to their lowest levels of the year: 3.95%.
.

.

.

Housing’s Clean Bill of Health…
All things considered, the state of the housing industry right now is pretty good.

.

.

http://www.TitleSecurityFL.com

 


Leave a comment

What’s Up With Housing This Week?

.

Flood InsuranceNeed Flood Insurance? It Expires in 6 Months.
On Sept. 30, the national flood insurance program officially ends, which could create a dilemma for homeowners and buyers. The National Association of REALTORS® is working with federal regulators to extend and improve the program, but challenges lie ahead.

.

Labor ShortageTampa Bay contractors expect uptick in projects but scarce labor…
81% of contractors in Hillsborough and Pinellas counties anticipate an uptick in sales over the next six months, but just under 23 percent are confident they can find labor to complete projects.
.

.

Florida Consumer ConfidenceConsumer Confidence Among Floridians Rises to 15-year High.
Florida Consumers last month were the most confident that they have been since 2002, long before the onset of the Great Recession triggered a prolonged slump.
.

.

.

Mortgage Rates FallThe Average 30-year Mortgage Rate Falls to 4.10%.
Long-term U.S. mortgage rates fell for a 3rd straight week and are approaching low points for the year. Most experts predict rates will remain steady.

.

.

Homebuyers and SustainabilityBuyer Interest in Sustainability is Rising.
More than half of Realtors find that consumers have interest in real estate sustainability issues and practices. As this interest grows, Realtors understand the necessity of promoting sustainability in their real estate practice, such as marketing energy efficiency in property listings to home buyers.

.

.

http://www.TitleSecurityFL.com