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What’s Up With Housing?

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The Federal Housing Finance Agency recently published data on manufactured home prices for the first time.
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While the idea of a hurricane-proof home may sound far-fetched, a Florida housing startup called Arkup has created a residence that can withstand rising sea levels and Category 4 hurricanes. The key lies in its hydraulic while lifting it 40 feet above the ocean floor.
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Many who aspire to own their own place have been locked into the rental market, due to these two main problems: student loan debt and expensive down payments.
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NAHB Housing Market Index steady at a reading of 67. The HMI measuring current sales conditions rose one point to 74 and the component gauging expectations in the next six months increased two points to 74.
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American financial systems look different today, and NAR takes some credit for improvements due to its “significant advocacy support over the past decade.”
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The National Association of Home Builders is looking for a few good women, actually more than a few. Pre-apprenticeship programs help introduce women to the industry.
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What’s Up With Housing?

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It’s been 10 years since the Great Recession, but most home prices in the Tampa Bay area still haven’t reached their pre-recession peak, according to numbers released by Zillow.
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The CFPB had about 1,200 reverse-mortgage consumer complaints over 3 years. People cited “confusion and frustration over the terms” and loan-servicing problems.
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Home buyers young and old want high-tech features in their homes. Across the board, and across the generations, security and convenience are of primary interest.
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Despite rising prices, Tampa remains one of the best cities in which to flip houses ranking 10th among 172 cities compared on such metrics as median purchase price and average remodeling costs.
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The Senate approved a bill this week, and the president signed it, to keep the National Flood Insurance Program operating for 4 more months.
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Young People Don’t Want Construction Jobs…
Disinterest in construction work is contributing to a labor shortage that has meant fewer homes built and rising prices—possibly for years to come.
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Housing News: A Week In Review

Open Floor Plans

How Long Will Floor Plans Stay ‘Open’?
An increasing number of home seekers look for separate kitchens and formal dining rooms, prewar design concepts that are newly en vogue. http://bit.ly/1i2GRYm

 

Florida Payroll GrowthFlorida leads the nation in payroll growth…
Throughout the state, the construction and hospitality-industry sectors have posted significant job gains in the past year.
http://bit.ly/1pmKpJX

 

Luxury HomebuyersA Fresh Look at the New Luxe Homebuyers

http://on.wsj.com/1jv6wp6

 

http://www.TitleSecurity.net

 


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Housing News: A Week In Review

Happy first week of Spring. 

I saw this photo the other day reminding me how much we love living in Florida…

Spring In Florida

 

 

 

 

 

 

Sen. Elizabeth WarrenNext Area for Refis: Student Loan Debt…
A plan that would allow borrowers to refinance their existing loans at lower interest rates. http://bit.ly/1irlT4j

 

Act Now5 major reasons purchasers should consider buying a home now!
http://bit.ly/1icLdL2

 

 

Home SalesAmid noise of a housing slowdown, it’s easy to forget to look at the Progress of the Recovery.  Home Sales Increased by 8 Percent Year Over Year in February.       http://bit.ly/1mopl3s

 

Florida added 32,700 construction jobs between Jan 2013 and Jan 2014, a 9.2% increase… 3rd Best In U.S.  http://bit.ly/1demJ51

 

http://www.TitlesSecurity.net