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What’s Up With Housing?

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The members of Generation Z who have bought homes are the exceptions, but their spending power is growing.
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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.
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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.
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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.
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Austin, Texas, is a shining example of how sustainability can contribute to the development and growth of a city.
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What’s Up With Housing?

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You don’t have to declare war with your bank account — it is possible to achieve a happy compromise. Low-cost decor that looks expensive really exists.
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The construction industry is running out of workers to build all those new condo towers, housing developments and highway projects. The shortages span the trades, with pipelayers, sheet metal workers, carpenters, concrete workers, pipefitters and welders in particularly high demand.
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If all continues on its current track, construction costs could continue to increase, and mortgage rates could reel in.
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Blueprint is a bold color choice, but not overwhelmingly so—it’s still soft enough to fit into homes full of neutrals and pastels.
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Even in a tight labor market, single-family builders are less likely to offer health, dental, and 401(k) plans compared with larger U.S. companies.
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NAHB Economist Robert Dietz offers a way to break the low inventory, high home price cycle.

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What’s Up With Housing?

Despite a shortage of available homes, many Tampa Bay sellers are getting a rude awakening when the sign goes up but no offers come in.
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Cerberus Capital Management is said to be raising over $500 million to buy single-family rental homes. Amherst Holdings is planning to raise $1 billion to buy single-family homes and rent them out.
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There are many conflicting headlines when it comes to describing today’s real estate market. Some are making comparisons to the market we experienced 10 years ago and are starting to believe that we may be doomed to repeat ourselves.
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The Aug. Consumer Confidence Index rose to 133.4 – its highest level since Oct. 2000; both current outlooks and future expectations rose more than 5 points.
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Is your bathroom draining the good energy from your home? Restore the balance, and fix these feng shui faux pas—fast.

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What’s New With Housing?

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Please take action by urging Congress to extend the NFIP and pass meaningful reforms to ensure long-term viability of the program.

 

Freddie Mac: Rates have declined in 5 of past 6 weeks, but a year ago, the average 30-year FRM was 3.96%. Average 15-year FRM slipped to 3.99% this week.
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Whether in a nod to the bold approach of the ’30s or the kitschy flourishes in ’60s design, modern kitchens are finding a fresh new face in the past.
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Apartment renters have come to expect green building features like good indoor air quality and energy efficiency, making them more of a requirement in many markets.
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As a first-time home buyer, where do you even begin? Saving enough cash to cover a down payment is a big enough hurdle to get over, but that’s just the beginning. The entire process can be intimidating and overwhelming. Mortgages, offers and negotiations, inspections, homeowners insurance, property taxes, the list goes on.
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A new report says student loans, high rent, and location preferences are among impediments to Millennial homeownership.
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22 real estate groups and associations – NAR, NAHB, insurers, bankers and others – sent a joint letter to lawmakers pushing them to pass a flood insurance bill.

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What’s New With Housing?

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Zelman & Associates forecasts strong single-family growth for the next 30 months or more. Even in a scenario that includes a broader economic downturn within that time period, housing activity would continue to show resilience, with little risk of a severe impact.
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The ACE appraisal waiver will save eligible condo borrowers about $500 in fees and allow them to close 7-10 days faster, Freddie Mac says.
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Closings: 6 Things Buyers Must Do Before They Move In.
Contingencies, clear titles, disclosures, mortgage approvals, walk-throughs and tons of paperwork? It’s a bit of journey moving from contract to closing.
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When it comes to decorating your home, the bathroom should never be overlooked – it’s important that it performs its functional duties whilst maintaining a feeling of comfort.
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As developers today, we’re adopting more aspects of placemaking—a collaborative effort to strengthen the connection between people and the places they share, to help transform spaces into places that serve as an extension of the neighborhood.


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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?

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Home sale prices continued to rise both nationally and throughout Florida in April as a prolonged dearth of available homes on the market is making it tough on buyers.
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Building Zero Energy Up to Scale
Zero energy proves a smart strategy for the future of building for both the builder and the user.
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At 100.6, the monthly consumer sentiment index from UF also passed the 100 mark for only the second time since March 2002.
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These new releases for 2018 will have your clients’ K+B spaces sparkling for years to come.
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Everyone likes to travel in style, and hotel designers know how to make getaway spaces feel luxurious.