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What’s Up With Housing?

Happy Presidents’ Day

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Overall, closed sales were slightly down from 2017, but sale prices were up!
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357 on Fifth, a 13-unit condo project, had been planned for 357 Fifth St. S in downtown St. Petersburg has now been scrapped and the property is up for sale for $1.3 million.
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Should a solar lease be regulated as a utility if it “sells” power to homeowners? The state says no, so solar-using homeowners needn’t fear new regulations.
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It takes more than changing the size of a home to change the mentality of the people who live inside.
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Homes need to combine a tight building envelope with mechanical ventilation and air filtration to provide consistently fresh indoor air. Healthy homes also provide optimal natural light.
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Prices continued to rise in all four bay area counties but the rate of increase has been cut in half since 2016, according to figures released Tuesday by Florida Realtors. Sales also lagged.
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Millennial home buyers are taking a long-term view when buying, and also tend to value safe neighborhoods and good schools over walkability and short commutes.


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What’s Up With Housing?

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These 16 sky-high urban green spaces and edible gardens will grow on you.
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The short answer: Federal flood insurance is a mess and expensive to fix. Government-subsidized NFIP celebrates its 50th anniversary this year, but it hasn’t aged well. It’s deeply in debt and critics say below-market premiums encourage risky construction.
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Borrowers may have a little bit of breathing room if the Federal Reserve delays future interest rate increases that directly impact ARMs and, indirectly, FRMs.
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Gulf Coast commercial real estate markets are poised to continue to generate high growth again in 2019, mirroring — or even eclipsing — the region’s robust stalwart performance of the past year. 
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With more millennials eyeing homeownership, builders are appealing to the city-dweller demographic by designing luxury townhomes.
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Drawing upon the expertise of the industry’s 1 million landscape, lawn care, irrigation and tree care professionals, NALP annually predicts trends that will influence the design and maintenance of backyards across America in the year ahead.
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Falling mortgage rates energized builder confidence in the market for newly-built single-family homes. 


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What’s Up With Housing?

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New Years

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As America counts down to the tipping point where the nation shifts from a young country to an old one, is housing ready or not?
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“More and more clients realize the need to have engaging outdoor spaces as a key part of long-term usability.”
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With the new year quickly approaching, home design platform Houzz shares the top trends predicted to reign in residential design in 2019.
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Whether you are a first-time homebuyer or a move-up buyer who wants to start a new chapter in your life, now is a great time to reflect on the intangible factors that make a house a home.
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What’s Up With Housing?

Merry Christmas

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Spanning the color spectrum from cool grays to warm terra-cottas, to blush oranges, these five color trends are expected to dominate the design and manufacturing industries in the coming year.
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First-time homebuyers made up the largest share of the U.S. home purchase market since 2005. Florida in particular has seen its first-time buyer market grow substantially faster than average lately.
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Less is best. Grass, that is. Do your shrubs need constant pruning? Then you don’t have the right shrubs in the right place, according to UF’s Extension Office.
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Many homeowners find themselves asking the question, “If we’re currently in a strong real estate market, why won’t my house sell?” 
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In most Tampa Bay areas, the supply of available houses increased dramatically in November compared to a year earlier. That could lead to lower prices. 


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What’s Up With Housing?

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While baby boomers have driven housing demand for decades, it’s time for millennials to take the wheel—but they need help from builders.
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The uplifting pick symbolizes an “innate need for optimism and joyful pursuits” and “authentic and immersive experiences that enable connection and intimacy.” Here’s how to use the 2019 Color of the Year in homes.
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The dream of modular architecture has been kicking around for decades. Has its time finally come?
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As construction costs soar in cities, more and more companies and governments are imagining a different model: building off-site and then trucking fully constructed apartments in from the suburbs.
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From interest rate hikes to climate change, shifts in physical, political and economic worlds affect the real estate industry with short- and long-term hurdles.
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Guess what? Style isn’t static, and your home decor shouldn’t be, either. Even the most beloved design elements can start to feel unbearably stale after a while. How many are in your home?


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What’s Up With Housing?

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Millennials still show a preference for conventional loans. In Sept., 68% of all loans were conventional; 27% FHA and 2% VA, reports Ellie Mae, which says the industry should “educate these buyers on the options… available to them.”
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As home prices rose in the years before the Great Recession, complaints about a shortage of “workforce housing” became common in many communities throughout Florida. Those complaints are back again, with a vengeance. In most fast-growing areas of Florida — particularly in South Florida and Orlando — housing affordability for low- and moderate-income workers is a bigger issue than ever.
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The federal government’s clampdown on dirty money in luxury real estate markets in South Florida and other metropolitan areas is ramping up.
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Stackable apartments. Robotic valets. Infrared spas. The future has arrived, haltingly, and this time will be different. Maybe.
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Want to retire comfortably? Millennials should buy a home now, finds a ULI study. Those who postpone a purchase now to save money end up losing out later, because buying young nets a “big bang for the housing buck.”
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The 2018 Houzz Bathroom Trends Study finds homeowners are opting for showers over bathtubs in their master suites. And over half (56%) of baby boomer homeowners are addressing aging-related needs during master bathroom renovations.
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For the second consecutive month, sales and prices showed healthy year-over-year gains in October, with Pinellas County recording its biggest price jump — 13.3 percent — since January.
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What’s Up With Housing?

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Poppys

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A grant worth nearly $1 million helped reinvent the program that has helped almost 100 students work towards carpentry certification.
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When the topic of disruption arises we often hear; smart homes will soon be the norm, more people than ever are connected via the Internet of Things, and Artificial Intelligence will disrupt the way we live, work and play.
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Realtor.com finds the z’s are indeed zealous when it comes to saving for a home.
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Authenticity has never been more important, and real estate agents should position themselves as trusted advisors and sources of insider information before, during and after the transaction.
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From plumbing and electric to additions and remodeling, this infographic shows the average cost homeowners paid for 57 popular home projects!
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Tiny homes are set to go through a growth spurt, because the demand for living small is getting bigger.
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We could see tax reform rollback, HUD cuts, flood insurance and other housing policy likely to be stalled in gridlock as a new makeup of lawmakers comes to Washington.