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What’s Up With Housing?

Despite a shortage of available homes, many Tampa Bay sellers are getting a rude awakening when the sign goes up but no offers come in.
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Cerberus Capital Management is said to be raising over $500 million to buy single-family rental homes. Amherst Holdings is planning to raise $1 billion to buy single-family homes and rent them out.
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There are many conflicting headlines when it comes to describing today’s real estate market. Some are making comparisons to the market we experienced 10 years ago and are starting to believe that we may be doomed to repeat ourselves.
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The Aug. Consumer Confidence Index rose to 133.4 – its highest level since Oct. 2000; both current outlooks and future expectations rose more than 5 points.
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Is your bathroom draining the good energy from your home? Restore the balance, and fix these feng shui faux pas—fast.

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What’s Up With Housing?

New Years

Speculation is a major element of the housing bubble formula. Right now, there are not elevated percentages of investors and house flippers. Therefore, there is not an elevated rate of speculation.
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Tiny houses can teach all of us how to stay organized. Here are some tiny-house rules that will work wonders for big homes.
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As investors remain cautiously optimistic in repositioning their portfolios and recalibrating their strategies for 2018, here are eight trends to watch for in multifamily investment for the upcoming year.


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What’s Up With Housing This Week?

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34th Street CorridorDevelopers Say St Pete’s 34th Street Corridor is Brimming with Economic Potential.
In the past, this thoroughfare has long been known as a busy yet unappealing stretch of commercial roadway.

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Rising Home Prices2 Out of 3 Buyers Believe Home Prices Will Rise
A Gallup poll finds that 61% of U.S. adults expect home prices to continue rising over the next six months – a new high for the annual survey.
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Housing Bubble? No!3 Reasons the Housing Market is NOT in a Bubble…
Mortgage lending standards are appropriate, new construction is below what is necessary and home prices haven’t even recovered. It appears fears of a housing bubble are over-exaggerated.
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Tesla's Solar Roof TilesTesla’s Solar Roof Tile Systems Hit the Market
The company is taking $1,000 deposits on the virtually “invisible” systems, which it will begin installing next month.The company offers an “infinity” warranty on its tiles that integrate solar power into roof coverings. Tesla has published a web tool that can estimate costs and savings.

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First-Time HomebuyersTampa Bay is Nation’s Second Best Metro for First-Time Homebuyers.
For first- time homebuyers, you can’t beat the Orlando and Tampa Bay areas. Despite steadily rising prices, both are relatively affordable compared to the West Coast and Northeast at a time when nearly half of all buyers are first-timers.
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http://www.TitleSecurityFL.com


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Recent Housing News

Happy Mother's DayHappy Mothers Day…
I make it a point every May to listen to Jimmy Dean’s wonderful tribute to Moms. If you haven’t heard it, it’s more than worth a few minutes of your time.
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Luxury Home Move

A Luxury Move Has Luxury Costs…
Purchasing a luxury home can be expensive but so can moving the luxury items that you want to keep inside this new home.  Buyers pay top dollar for white-glove movers that offer meticulous wrapping, climate control and custom crates to move rare items and other valuables.

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Multi Family SectorHow a Reversal of the Millennial Rental Trend Would Affect the Multifamily Sector.
Could a homeownership program help reverse the Millennial rental trend—and eat into multifamily profits?

 

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Dodd-Frank FightAs Dodd-Frank Fight Continues, the Resistance Scores Some Victories
Court challenges threaten to eat away at the 2010 Wall Street reforms.
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No Housing Bubble“There’s No Housing Bubble” ~ Warren Buffet
Although home prices continued their upward trek all over the country, they are doing so at a much slower pace.

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RoamInstead of renting an apartment, sign a lease that lets you live around the world, for those with an, ahem, uber-active business travel schedule.
Roam provides short-term apartments with a communal feel, for today’s digital work-from-anywhere nomad.
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http://www.TitleSecurityFL.com 


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Recent Housing News

Easter ObservanceMay Every Easter Blessing Be Yours to Have and Share

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Low Housing InventoryExperts Weigh In on the Lack of Available Housing
Inventory.  
This lack of inventory is challenging many markets.

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TRID's First 5 MonthsTRID’s First 5 Months…   How builders and bankers are handling the Consumer Financial Protection Bureau’s new loan regulations.
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Rising Home PricesUnlike Bubble Era, Home Buyers Now Put Off by Rising Prices.  Low levels of supply combined with higher prices could make Realtors worst nightmare come true.

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Residential AmenitiesShow-Stopping Amenities Catch Residents’ Attention.  These properties incorporate unique and exemplary amenities to enhance resident lifestyles.
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http://www.TitleSecurityFL.com


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Recent Housing News

Piggy Bank LoansA Smaller Down Payment, and No Mortgage Insurance Required…  Traditionally, home buyers needed 20% down to avoid the added cost of mortgage insurance. Now there are ways to get around that.

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Modular Row HousesA Modular Take on Row House-Style Residences.  Interesting concept of the cult-classic 1980s video game Tetris forming a structure of individual homes through a system of interlocking blocks.

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Fed Holds RatesFed holds rates, lowers growth forecast…
The Federal Reserve has left interest rates unchanged in response to slowing economic growth and says rate increases will come more slowly than planned.

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Housing Supply3 Reasons It’s Not A Housing Bubble.
Rising home prices and looser credit may make today’s market look like a housing bubble, says NAR’s Lawrence Yun. But it’s different than pre-recession run-ups.
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Housing Inventory CrunchInventory Crunch Likely to Hamper First-Time Buyers.
Spring is a home buying season, but inventory was down 8.2% in January from a year earlier for properties priced below $250,000, according to NAR.

http://www.TitleSecurityFL.com 

 


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Recent Housing News

CFPB LogoRealtors: Next Friday, Title Security’s Coffee Corner will provide all the latest CFPB information in advance of Saturday’s inception… If you are not up to speed on these new rules, you owe it to yourself and your clients to attend this meeting. “Know Before You Owe”
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World's Smartest BuildingThe World’s Smartest Office Building Knows How You Like Your Coffee…
Go inside the connected future of architecture with The Edge, the greenest and smartest office building in the world.

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Housing is Turning the CornerHere’s proof that housing may be turning the corner.  “…mortgage lending standards are finally loosening at the same time that a stronger labor market increases the pool of willing and able borrowers.” 

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Florida RealtorsDo you know the difference between a “Bubble” and “Overvalued?”  “Just because you’re overvalued doesn’t mean that you’re in a bubble or there is an impending crash,” says Sam Khater, CoreLogic’s deputy chief economist.
“Some markets are simply overvalued because of strong fundamentals.”

 

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Monopoly GameA FUN Real-World Look at Monopoly Property Home Prices.  What are your favorite acquisitions when you play(ed) Monopoly?

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Elizabeth Banks for Realtor.comRealtor.com’s chooses to use humor to help real estate agents educate first-time homebuyers.  Great Videos!

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http://www.TitleSecurityFL.com