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What’s Up With Housing?

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Owning a home has always been, and will always be, better from a financial standpoint than renting.
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Second cut to state’s biz rent tax in as many years takes effect Jan. 1, 2019. Combined with last year’s cut, some Florida businesses will be saving nearly $100M each year.
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12% of millennials surveyed cited “rising rents” as the trigger that sparked them to become homeowners, while 17% said family needs; for 55+ buyers, 20% said privacy. Overall, 44% want a three-bedroom home, and 93% want at least two bathrooms.
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A new report from a federal watchdog finds that the Federal Housing Administration incorrectly insured approximately 9,507 borrowers who were actually ineligible.
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This marks seventh-consecutive month of home price increases nationwide.
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Every year that passes, the more population patterns are starting to look like the old sprawling dynamic serving suburban and exurban demand.
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Housing News: Tidbits From Last Week

TelehealthThe smart home of the future will be all about Telehealth.  As the population ages, smart home trends will reflect new devices, falling under the telehealth umbrella, designed for the elderly, especially when it comes to their health and independence.

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Housing Outlook 2015Housing Outlook, 2015:  Prices in most cities are heading higher, but the eye-popping gains have mostly disappeared.

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Personality Profiles and Home PurchasesReal Estate Decisions Reflect Personality…  Did you know that if you are conscientious person, a fixed-rate mortgage would fit the bill, and if you consider yourself neurotic, then home ownership is a better match than renting?

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Housing News: A Week In Review

Happy Memorial Day Weekend everyone.

Memorial Day 2013

 

What Homebuyers Want5 Top Things Today’s Home Buyers Want…

http://bit.ly/18Z97p1

 

The American DreamThe American Dream of Owning a Home Lives On… Even for the Young. Most in U.S. want to continue to own or plan on buying a house

http://bit.ly/11bIWeq

Total Increase a Home Buyer May Pay if They Wait. Experts have projected that U.S. home prices will appreciate by approximately 5%, and that the 30-year mortgage rate will be at least 4% by the end of 2013.  Assuming that prices and interest rates will rise as projected, here is the monthly difference a buyer may pay if they wait a year.  Via KCM Crew.

Now's The Time To Buy a Home

 

2013 NAR Member Profile Report — Great Infographic!

NAR Member Profile

 

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