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What’s Up With Housing?

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Lower-priced homes have appreciated at greater rates than homes at the upper ends of the spectrum due to demand from first-time home buyers and baby boomers looking to downsize.
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The housing market is not falling apart. We are just returning to a more normal market which, in the long run, will be much healthier for you whether you are a buyer or a seller.
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It’s not a news flash to learn that Millennials—people born between 1977 and 1996—love living in the city. But what cities and urban areas in particular do they favor?
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Early signs of a softening market, after years of sellers having overwhelming control, signal even more seller struggles into the future.
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While AI is poised to make a splash in transportation, medicine, manufacturing, and consumer tech in coming years, it also has the potential to disrupt the apartment leasing industry.
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Urban Land Institute’s survey predicts continued economic expansion, but lower rate of returns growth on CRE for the next three years.
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Interesting Housing News

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Flood InsuranceAre you knee deep in ‪Flood Insurance‬ questions?
Please join us at this Tuesday’s Coffee Corner when Amy Metz from American Strategic Insurance presents the latest updates and answers all your questions.

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Negative EquityNegative Equity Highest Among Bottom-Tier Homes…
Owners of the least-expensive homes were roughly 3x more likely to be underwater on their mortgage than owners of the most-expensive homes.
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Credit ScoreMore Home Insurance Companies Look at Credit Scores.
Credit scores don’t just impact mortgage rates. More and more property insurers now quote cheaper property insurance rates to owners with high credit scores.
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Millennial HousingBoomers Are Moving In on Millennial Housing Stock.
As boomers retire and millennials start families, they’re buying the same houses for very different reasons. Boomers are in the process of downsizing and getting rid of junk, and millennials don’t have junk.

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Housing ForecastHousing Forecast: What To Expect In The Second Half Of 2016.
We’ve heard about how there’s been too much demand and not nearly enough supply to keep pace. The forecast focuses on such topics as the low inventory as well as new construction. And don’t forget Brexit.
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http://www.TitleSecurityFL.com

 


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Recent Housing News

REMINDER… Our Coffee Corner is this Tuesday at 9:30AM.  Hear and discuss post October 3rd TRID positives and negatives. 

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Fully Transparent Solar Panel

A Michigan State University research team has created a fully Transparent Solar Cell that could make every window in your house a power source by harnessing wavelengths of light that are invisible to the human eye in order to generate power.

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Multi-Family Housing Demand Expected to Surge Over Next 10 YearsMulti-Family Housing Demand is Expected to Surge Over Next 10 Years.  This surge in household formation, and expected related housing demand, will be driven largely by hispanics, baby boomers and millennials.

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2016 Housing ForecastA 2016 CRYSTAL BALL
Initial housing forecasts for 2016. What’s your take?  Predictions show some headwinds and tailwinds.

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Industrial Residential DesignIndustrial Design Picks Up Mojo in Residential Architecture and Has Begun to Win Over Suburbanites. Open floorplans, exposed ductwork, concrete floors and other elements of industrial design are increasingly found in suburbia.

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Interior Design Trends 201616 Interior Design Trends You’ll Definitely See in 2016…  Some of the examples focus on form and function of materials, color, fabric, and the aesthetics of our home interior interfaces, while others are farther out there, such as Matcha tea brewing, and the emergence of design-trepreneurs.

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2016 Real Estate Trends2020 Vision on 2016 Housing…
Five real estate trends to watch in 2016. Maybe it’s the year of the Millennial trade-up?
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http://www.TitleSecurityFL.com

 


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Recent Housing News…

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Housing ForecastHere’s what we can expect in Housing for the rest of the year. Real estate economists share insights into the outlook for housing in the back half of 2015, where demand is on the rise, but risks abound.

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Mortgage ModificationsMortgage Modifications More Modest.
As rising home prices have helped firm families’ finances across the U.S., homeowners who are still struggling are receiving dramatically leaner mortgage modifications than they would have even just a year ago.

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First Time HomebuyersFirst-Time Homebuyer Mojo Rising in May Existing Home Surge… Their share of purchases rose to 32%, up from 30% in April

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Green Retirement CommunitiesDemand and Expectations Grow for Green Retirement Communities.  There’s a growing wave of retiring adults looking to move into green, eco-conscious retirement communities, drawn to the benefits of sustainable, healthy living.

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2016 ColormixPalette Preview Parade:  Sherwin-Williams Unveils ColorMix 2016

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http://www.TitleSecurity.net