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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 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 Up With Housing?

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If buyer demand continues to outpace the current supply of existing homes for sale, prices will continue to appreciate. Nothing nefarious is taking place. It is simply the theory of supply & demand working as it should.
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Home builders report that customers are more cautious than before the crash and prefer smaller, value-packed homes.
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After two months of decline, consumer sentiment among Floridians increased six-tenths of a point in April to 98.1 from a revised figure of 97.5 in March. Among the five components that make up the index, three increased and two decreased.
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Research shows that millennials value organic, unplanned, authentic, and experience-based housing amenities the most. These amenities are generally not expensive.
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“In today’s competitive housing market, understanding what homes may command a premium or attract multiple offers can be hugely beneficial to buyers.”
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A low home appraisal can ruin the sale of a home. You can protect yourself from low appraisals. Here are some suggestions for buyers and sellers.


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What’s Up With Housing?

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Affordability and inventory is bleak, but rising interest rates and home prices signal a strong economy.
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The Pinellas real estate market is continuing to see a trend of higher sale prices and a shrinking inventory for both the Single Family and Townhome/Condo segments. The Median Sale Price for Townhomes/Condos was up 14.4% in March 2017. The Median Sale Price for Single Family Homes was up by 8.7% from last year.
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If consumer spending is the grease that moves an economy, the U.S. should keep growing for at least the next six months – the number of survey respondents who expect a loss of income over that timeframe hit an 18-year low.
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More wealthy people seem interested in a Fla. home – and the state’s lack of an income tax – now that the IRS caps local and state tax deductibility at $10,000.
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Public art can spark revitalization in struggling neighborhoods and turn vacant land into a place where people want to live, work and play.


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What’s Up With Housing?

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“Invisible Sustainability,” the blending of sustainable design principles with an aesthetic that is rigorously minimal.
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The share of self-employed construction workers remains high, even as housing recovers.
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Flood insurance got more expensive this month, and it may become even pricier depending on how Congress handles the July 31 deadline to address the National Flood Insurance Program.
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It’s important to vet your subcontractors well, as you may end up paying for their potential default or mistakes.  These best practices can help ensure you have the right pros working for you.
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Homeless VetsFlorida Receiving $567,928 to Help Homeless Vets.
HUD and the VA will provide housing vouchers to help 5,211 U.S. veterans nationwide find a home. In Florida, 13 agencies across the state will split the funding.
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Suburban municipalities can help pave the way for new development by making zoning adjustments that ensure density.
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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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There are several headwinds that need to be addressed—if not this year, then soon, some industry experts say.
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Urban Planning101 Small Ways You Can Improve Your City…
Sometimes the smallest things we can do for our neighborhoods can have the biggest impact.
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They had stronger positive outlooks about what their finances should be like a year from now, as well as how they expect the U.S. economy to fare a year from now and five years from now.
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Some urban planners call it “missing middle” housing. That’s low-rise housing built at a scale compatible with single-family houses, but at higher densities, making them candidates for meeting a growing demand for walkable urban housing. Four-plexes are an example.
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Whether it be for convenience, safety, or just a fun tool to have, more home and garage smart-features are hitting the market and creating a new wave for the “techies” of the world.
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Tesla will set up designated spaces in over 800 Home Depot stores that will highlight its renewable energy products and is reportedly in talks with Lowe’s.