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What’s Up With Housing?

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Happy Thanksgiving

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Federal statistics show that Realtors are twice as likely as the general public to be victims of violent crime.
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Residential market is so strong that developers are changing plans for major projects to meet rising demand.
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Listing your house for sale in this low-competition environment could net you more money than your renovations otherwise would.
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The National Flood Insurance program expires again Nov. 30. According to NAR, about 1,300 home sales could be disrupted every day if so – 40K sales each month.
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Harvard report: Adults older than 50 own 50% of all U.S. homes, and many aren’t financially ready to retire with inadequate savings after the recent recession. Many may be forced to sell, especially if they carry a mortgage and unexpected bills come in.
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Interesting Housing News

Higher Interest RatesShould I Pay a Mortgage Interest Rate over 4%? 
Though you may have missed getting the lowest mortgage rate ever offered, you can still get a better interest rate than your older brother or sister did ten years ago; a lower rate than your parents did twenty years ago and a better rate than your grandparents did forty years ago.

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Building EquityThinking of Buying a Home? Equity Matters A LOT…  Building equity is a critical part of homeownership and can help you create financial stability.

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Lux Condo Marketing PlanWill a Retail Gimmick Work for Selling Lux Condos? Do you think the “buy-a-pair, give-a-pair” business model be successful with housing?

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FHA & CondosThe FHA has, for a long time, had to deal with complaints about their condo standards.  RealtyTrac.com explains, they’ve loosened the way the owner-occupancy percentage is calculated, which could open up the condo market.

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Home Trends That May Not Work5 Home Trends That Might Not Always Work.
Just like in the world of fashion, builders and their clients shouldn’t blindly follow trends when it comes to home design.

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