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What’s Up With Housing?

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Some buyers love the idea of farm living providing it’s in the heart of the suburbs. Like golf communities, agrihoods focus on nature but also sell organic food.
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After falling for the last 10 years, the home-ownership rate increased during the first half of 2017.
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With 10,000 boomers retiring each day, builders remain confident. NAHB’s 2Q 55+ index not only rose 11 points, it’s been in positive territory for over four years.
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What Do Buyers Want More — A Bigger House or a Bigger Yard?
Turns out a big yard gives homeowners the extra ‘breathing room’ they want.
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Siding, Paint, Roofing, Wallboard Join Lumber as Input Inflation Drivers.
As 2018 budget season arrives, it’s time to both model in and do something about cost escalation on building products and materials.
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Tampa Bay Has Two New Million-Dollar ZIP Code Areas — Is Yours One of Them?
The addition of St Petersburg’s 33701 to the million-dollar ZIP list reflects the huge demand for luxury condos along Beach Drive with its waterfront views and wealth of restaurants.
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Recent Housing News

 

Floor Plan NinjaRealtors: How would you like a Ninja as a reliable friend?
Please come to Tuesday’s ‪‎Coffee Corner‬ and learn how Floor Plan Ninja can make you more successful.

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Home Equity PostGreat News! Florida consumer sentiment rises in March.
The biggest spike was in Floridians’ one-year expectation for personal finances, which rose 6.1 points. Overall, the index was 1.6 points higher than in Feb.

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Dream HomeMore & More Singles Are Falling For Their Dream Home  

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Millennial HomebuyersHow Boomers Can Appeal to Millennial Home Buyers…
Showing that the property can accommodate a party and is tech friendly are a few ways to appeal to younger house hunters.
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Housing Forecasts5 Forecasts for Housing Over the Next Five Years.
National Residential Economic Report sees a mostly healthy housing market, with a few caveats.
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Improving Housing MarketThe Housing Market is Poised to Continue Improving…

Analyst expects more sellers to enter the market as prices rise, easing inventory shortages.

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Vacation & Investment Home 2016 SurveyVacation Home Sales Slow Down, While Investment Sales Surge.
Prices rise for both as an inventory squeeze becomes apparent. The South, particularly Florida, was the most popular destination for vacation buyers.
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Home CreditMortgage lending grew by 43% in 2015.   Contrary to some fears that the Consumer Financial Protection Bureau’s new disclosure rules would severely dampen mortgage lending in 2015, a new report from Equifax shows that exactly the opposite took place, as mortgage lending grew by a drastic margin in 2015.
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Interesting Housing News

Timeshare MarketThe Timeshare Hard Sell Comes Roaring Back…
High-pressure practices by Diamond and others have prompted lawsuits and led to predictions that regulators will increase oversight of the industry.

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Buying A HomeThe ‘Must’ List: 10 Essentials for Buyers to Know About a Home Purchase.  When it comes to a home purchase, the future owner is on a “need-to-know” basis, especially with these 10 considerations.
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Don't Raid Your 401kRetirement at Risk: Using a 401(k) Can Be a Dicey Way to Pay.  A borrower/home buyer who uses a 401(k) plan as a down payment is taking on too much risk.

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Consumer ConfidenceU.S. consumer confidence and housing data underscore economy’s resilience.  U.S. consumer confidence improved in January despite a stock market rout and house prices accelerated in November, suggesting underlying strength in the economy despite a sharp growth slowdown in recent months.
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Home Staging TipsEssential Home Staging Tips… The practice of staging homes for sale has evolved over the past decade. Some ideas have changed, while others remain the same. The following is a list of current staging tips from the pros.

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IBS ProductsMore Product News From IBS… There was no slowing down for attendees at the 2016 International Builders Show.  From sinks to siding, check it out.

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Interesting Housing News From the Past Week

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Wellness CommunitiesIs Wellness the New Green?
Green Homes Are So 2010: The Future Is Wellness Communities

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Shipping Container HouseShip Shape: Homes at a Fraction of the Cost.  “What’s the one thing you wish you’d known before you built your shipping Container Home?”

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Do Millennials Understand Mortgages?Millennials Appear Not to Understand Mortgages…  Seems They’re OK With That.

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Housing Bubble‘This is no housing bubble’.  Don’t fear today’s rising home prices, says economist. There are differences since the real estate meltdown – it’s mostly a post-recession price correction.

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Buying A Vacation Home6 things to consider before you buy a vacation home…  Do you want to jump on the vacation home bandwagon? Consider these factors first.

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Housing News From The Past Week

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Millennial HousingHow Millennials in their 30’s are redefining urban and suburban living…   Millennials are aging out of their 20s. How will cities and suburbs respond to be livable for everyone?

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Hottest Housing MarketsHousing Demand and Median List Prices Surge, Indicating a Seller’s Market  Tampa-St. Petersburg-Clearwater market is one of the 20 hottest markets in the U.S. based on the number of listing views relative to the number of listings when looking at March data and website traffic.

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Vacation Home SurveyThe Desire to Own a Vacation Home is Growing. Vacation home sales boomed in 2014 to above their most recent peak level in 2006.

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Parents Helping With Home Purchase

Are you thinking about helping your children buy a home?  Here are some factors you should weigh when participating in the purchase.

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