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What’s Up With Housing?

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Rural RedevelopmentHow to Rebuild Rural Communities…
Affordable housing and neighborhood revitalization aren’t just urban issues.
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Fewer Tampa Bay Homeowners are in Foreclosure and Late on Mortgages.
As more bay area borrowers regain equity in the their homes, foreclosures and mortgage delinquencies in the four-county area have dropped to their lowest level in a decade.

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Biggest Issues in Real EstateTop 10 Issues Facing the Real Estate Industry in 2017
Purchasing a home, securing a mortgage and even signing a lease are all activities that require some thought about the future.
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Next Buyers’ Market? Two or Three Years?
As price growth slows, more sellers should sell, and one economist predicts the market will “meaningfully swing in favor of buyers” in the next two to three years.
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How the Fed’s Rate Hike Will Affect Refinancing.
If every homeowner with a mortgage who could refinance did today, their potential savings would average $260 a month.
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Recent Housing News

National Homeownership MonthJune is National Homeownership Month.
Paying rent is not a good investment, but owning is a great way to start building family wealth… Not only does homeownership allow you to provide your children with great education, but you can also decide whether or not your child grows up with a pet…. Owning a home provides you with tax benefits while also providing you with more living space to move around in.

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ForeclosuresHow Much of the Homeownership Rate Decline from 2005-2015 is Due to Foreclosures?
Harvard Joint Center for Housing Studies does the math.

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Interest Rate HikesDo Fed Officials Talk Too Much About Plans for Interest Rate Moves?
Federal policy makers have been working hard to persuade Wall Street and the markets that the Fed may boost short-term interest rates in June or July.

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Home Loan RefinancingThinking About Refinancing Your Home Loan?
Mortgage lenders report a refinancing frenzy, and jumbo borrowers with higher balances are seeing their monthly payments decline the most.

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Home ClosingsBuyers Should Wait Until Home Closing is Signed Before Spending.
Until you close and the keys are in your hands, you are under the magnifying glass. So don’t make these ‘what were you thinking?’ mistakes.
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Buy NowWhy now is a great time to be a home buyer…
We’re building homes with more bedrooms, more bathrooms and more amenities for smaller households — and your mortgage rate is near a record low.
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http://www.TitleSecurityFL.com

 


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Recent Housing News

Turnkey CondosSelling High-End Apartments, Fully Furnished… Developers are taking showcase apartments to the next logical step – offering turnkey homes, furniture packages and interior design consultations.

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Foreclosure Start Rate FallsDelinquency Rates Continue to Show Housing’s Healing.  More signs of recovery: delinquency as well as a foreclosure starts rate continue to fall.

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National Homeownership MonthWhat do today’s Baby Boomers want in a home?  NAHB released this information in “Housing Preferences of the Boomer Generation: How They Compare to Other Home Buyers,”
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Building for Millennial Homebuyers3 Things to Consider When Building for Millennial Homebuyers.  As millennials enter the home buying market, builders need to be aware of what this consumer segment finds attractive in a home.

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Linking Housing and TransportationLinking up Housing and Transportation…
When looking at indicators of success, having a home and access to transportation networks that provide both physical and economic mobility are critically important.

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Florida RealtorsHome flipping is back – and Florida is a national hot spot…  If flipping signals a market rebound, the recession is officially over. Tampa and Daytona Beach top the list for flips as a percentage of all single-family sales.

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http://www.TitleSecurityFL.com

 


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Housing News: Week In Review

Hard to believe we are already near January’s half-way mark.  We hope your New Year has started with a bang.  We are very grateful to all of you who contributed to last year’s successes and look forward to even more greatness in 2013.

Great “sign” of things to come… love the new urgency (via The Niche Report)

Buyer Urgency

 

 

Real estate-related searches on Google rose 253% over the past 4 years.How Do Your Buyers Search For a Home? 
This Study Offers a Deep Dive Into Ways Homebuyers Use the Web.

http://bit.ly/WNfnq4

Consumers’ online experiences are increasingly influencing their homebuying activity offline, according to a joint study from search giant Google and the National Association of Realtors.

Real Estate Market Recovery5 Signs the Market is Recovering Fast…

http://bit.ly/13mNcoV

Successful Real Esate Agents need to...6 Musts When Starting Out in Real Estate Sales… What does it take for new agents to succeed?
http://bit.ly/XodZx3

 

Shadow Inventory Foreclosures are selling at a 20% discount while a short sale sells at a 16% discount.

http://bit.ly/WNfnq4

 

Cheers To Your Success,

www.TitleSecurity.net