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What’s Up With Housing?

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Commercial real estate should continue to surge. But many are growing cautious, given some lurking ‘disruptors.’
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Top tips (and mistakes to avoid) for exteriors, kitchens, and even ceilings—whether you’re getting ready to sell or just freshening up.
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7 Reasons Trump’s Tax Plan Is Good For Real Estate Investors.
With the proper planning, real estate investors can receive amazing tax benefits from the Tax Cuts and Jobs Act.
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A digitized, decentralized, public ledger of all cryptocurrency transactions, Blockchain is an emerging technology which could transform the way we buy, sell and lease real estate.
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These residential buildings cater to busy professionals by making it easy to work from home.
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If you’re looking for some insight into the coming kitchen trends for 2018 and beyond, or if you’re just looking for some fresh ideas to give your kitchen style an update, here are some clues.
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What’s Up With Housing?

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Public Housing MuseumA Former Chicago Project Will Become A Museum Dedicated To Public Housing.
The space will tell the stories of three families who once lived in the building, and host events to engage visitors in much-needed discussions around affordable housing and equitable communities.
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A connected future holds possibilities of more efficient ways of interacting with the technology in our homes, workplaces, and even our urban environments.
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Once again, buyers of Tampa Bay’s priciest home wanted to be on the water — a third of the top 25 sales were of homes with addresses on Gulf Boulevard in Pinellas County. Rivaling Tampa’s Davis Island for the most sales (four) was the exclusive Pinellas community of Belleair Shore.
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The Indianapolis company plans to build a $50 million six-story project with 251 multi-family units and over 12,000 square-feet of retail space.
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How do you store solar energy so it can be used when the sun doesn’t shine?  Some cities are revamping electrical grids and adding batteries.
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Spending on home remodeling is projected to rise 7.5% this year to almost $340 billion. Homeowners see an average return of 56% of the cost of the remodel when they sell the house.


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What’s Up With Housing?

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Museums, apartments, condos, a new police station and a dozen other projects mark one of the biggest downtown building booms in St. Petersburg’s 130-year history.
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“Peak Millennial” doesn’t mean what it used to, because Millennials are getting older. And even still, they’re sticking around cities more than older generations.
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Why developers are embracing this growing segment of the luxury condo market. Toll Brothers has made a practice of stretching its brand to accommodate its customers’ shifting tastes.
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UF’s consumer index rose an average 4.6 points in 2017, even though it dropped 1.4 points in Dec. Floridians were “far more optimistic in 2017.”
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More and more affordable housing developers are considering modular construction for their developments because of the time and cost savings prefabricated building can yield.
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Optimistic 2018 Construction Forecast Tempered by Worker Shortage.
The construction industry is expected to continue to grow in 2018, but Florida construction firms face issues of worker shortages and outside competition.
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Freddie Mac says the average rate on 30-year fixed-rate mortgages dropped to 3.95% from 3.99% last week. One year ago, the FRM averaged 4.20%.


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What’s Up With Housing?

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Buyers at high-end waterfront properties are sparing no expense for storm-resistant features. They’re paying closer attention to the vulnerability of their current property and future property.
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Zillow panel of housing experts and economists sees dynamics carrying forward into next year, with the exception of interest rate rises. And that might be good.
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Home's Collateral ValueNew Challenges for Determining A Home’s Collateral Value.
Fannie and Freddie plan to waive the requirement for professional appraisal of purchase loans with an LTV ratio of 80% or lower.
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DRC commissioners agreed that the 300-foot-high Bezu would be dramatically out of scale with the neighboring Flori de Leon and other nearby structures.


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What’s Up With Housing?

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According to Freddie Mac’s Outlook for Sept., new homes will be a primary driver of sales and slightly higher mortgage rates will dampen price increases. But “the economic environment remains favorable for housing,” says chief economist.
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While far from new, eco-friendly and affordable, shipping containers are gaining popularity as an alternative to traditional houses.
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Finding out that you’ll need to come up with thousands of dollars right before closing is not a surprise anyone is ever looking forward to.
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As Congress and the Trump Administration release plans for tax reform, NAR says it will fight to make sure any new tax plan doesn’t discourage homeownership.
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Both on 4th Ave N, The Bezu, is a 24-unit tower close to Beach Drive, and 747 North, an 18-unit project several blocks to the west.


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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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What’s Up With Housing?

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Check out the slideshow for which ZIP codes saw the most homes sell, as well as the average and sale prices for each ZIP code.
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The short answer: No, according to a JPMorgan study. Sharp housing price corrections are rare, they say, even after a large run-up in home prices.
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Tesla Installs First Solar Roofs
The roofs were first announced last October, with online orders beginning in May. The carmaker’s new solar roof tiles are made to resemble regular roofing.
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Homeownership Rate Rebounds from 50-Year Low
Good news for Real Estate… The U.S. homeownership rate may have finally bottomed out, as the share of Americans who own homes is steadily climbing.
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Florida Consumer Confidence Rises 1.5 Points in July
Consumer sentiment among Floridians hit its second-highest level since 2002. Of the five components that make up the index, three increased and two decreased.

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