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What’s Up With Housing?

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Latest Florida Realtors data shows Single-family home sales up 8.5% year-over-year; condo-townhouse sales up 14.1%, due in part to rising inventory of active listings.
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Florida timeshare companies and exit companies are blaming each other for rising default rates, with the timeshare industry now lobbying lawmakers and regulators for policy changes.
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National flood insurance, like the 2018 hurricane season, ended at midnight last evening. Many observers predict another short-term extension for NFIP, but newly elected 2019 lawmakers may be more open to a long-term extension that also keeps rates affordable.
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This move could speed closings and reduce costs, but appraisers warn that automated processes are not as reliable.
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The federal agency that creates conventional loan limits for Fannie Mae and Freddie Mac will raise max amounts 6.9% – to $484,350 for most single-family 2019 loans.
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Interesting Housing News From The Past Week

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Happy Mother's Day

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Strange Exterior Paint Jobs

A good exterior paint job adds value… a misguided one can make you weep — or LOL. Here’s a collection of favorite oddballs. . .

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Time Share Recovery

Time Share‬ Scare:  Prices for Private Residence Clubs Slow to Recover. . .

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Understanding Gen ZGot Millennials Down? Now It’s Time To Crack the Gen Z Code…

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Condo DemandCondo Construction Still Stalling, In Spite of Rising Prices…
In many recovered housing markets, Americans are now paying more for condominiums than they did during the housing boom.

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American CommunitiesAmerica 2015: What Americans Want, But Aren’t Getting, In Their Communities.  Many Americans face significant community design-related barriers to living a healthy life, with more than half saying they cannot walk to shopping and entertainment, and many lack options for outdoor recreation.

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