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What’s Up With Housing This Week?

 

Millennials May End Up Competing with Baby Boomers in Housing Market.
These two groups make up different segments of the home buyer market but they are searching for similar things.
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Kitchen Remodeling TrendsThinking About Remodeling Your Kitchen?
Homeowners generally wanted new flooring, countertops, cabinets, sinks, and faucets when they had their kitchens remodeled, says a new report.

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Flood InsuranceShould Congress raise the cost of flood insurance? How much?
The National Flood Insurance Program expires Sept. 30 and is $25 billion in debt. NAR has made flood insurance renewal a top priority, and lawmakers are now considering some dramatic program changes to keep it solvent and operational.

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Low Mortgage Rates30-year mortgage rate falls below 4%.
Long-term U.S. mortgage rates fell this week to their lowest levels of the year: 3.95%.
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Housing’s Clean Bill of Health…
All things considered, the state of the housing industry right now is pretty good.

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http://www.TitleSecurityFL.com

 


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What’s Up With Housing?

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Tampa Bay Homes ValuesTampa Bay Homes Values Soared in 2016 But So Did Rents.
Happy New Year, Tampa Bay — you’re worth more than you used to be.

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2017 Housing MarketWhat We Can Expect in the 2017 Housing Market…
Although mortgage rates will climb, inventory should improve and buyers should have more options for financing a home.

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Housing Market TrendsThese 5 Trends Will Shape the Housing Market in 2017…
Rates, starts, credit, cities and foreign buyers are on the list.
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Florida Association of RealtorsFloridians’ confidence soars in December.
Consumer sentiment in Florida surged 6.9 points in December – its highest reading since March 2015 and second-highest since February 2004.
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Apartment Construction Fizzling?More signs the apartment boom may be fizzling.
New data shows that not only are builders constructing fewer apartments, but that a smaller percentage is finding tenants.

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http://www.TitleSecurityFL.com