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Interesting Housing News

Thank you for attending yesterday’s Coffee Corner.  Lots of great information regarding changes to the The Foreign Investment in Real Property Tax Act.

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Towers of SecrecyU.S. Will Unmask Secret Buyers of Luxury Real Estate.
Beginning next month, the Treasury Department will take steps to increase transparency in luxury real estate transactions. The new initiative will target all-cash real estate purchases made by shell companies, LLCs, partnerships, and other entities that conceal the homebuyer’s identity.

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Tiny HouseNew Tiny House Model Offers Buyers an Affordable Escape.  Look out McMansions, the latest tiny home creation from manufacturer Escape is jam packed with features and has a very well-designed layout.

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The Rise of Urban Real EstateThe Incredible Rise of Urban Real Estate
New data from Zillow shows that average urban home prices in the U.S. now surpass those of the suburbs.
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Tropicana Field RedevelopmentSt. Pete puts out call for ‘once in a generation’ redevelopment plan… The city of St. Petersburg is laying the groundwork to redevelop Tropicana Field.

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Interesting Housing News

Merry Christmas

 

Micro HousingMicro-apartments Are Coming to the U.S… Are You Moving In?  Interesting conversation about the newest New York living space, what its appeal could be, and how the future of apartment hunting in urban America may look in the near future.

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Transfer TaxTransfer Tax‬ should be a major consideration in structuring and funding a property transaction. And the requirements for complying with, or being excluded from, transfer taxes have multiplied.
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Interest Rate HikeEverything you need to know about the Federal Reserve’s expected interest rate hike… something that it hasn’t done in nearly 10 years.
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Florida Voted Best Place To LiveFlorida rated best place to live. The Sunshine State is back on top as the most desirable state to live in… it’s all about the beach and living on the water.

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Realtor.com vs. ZillowRealtor.com is taking on Zillow in a “mockumentary” campaign.  A series of online spots for Realtor.com that poke fun at rival real estate site Zillow featuring the silhouette of a house that has disappeared because it’s not listed on Zillow, and neighbors and homebuyers fretting about the growing crisis of missing homes.

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Mortgage Payoff?Choosing Between Risk and Certainty…
With rates so low, is it wise for people to pay off their mortgage? Won’t investing that cash in stocks and bonds be a smarter move? In a word: Certainty.

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Recent Housing News

Sustainable HomesAnother Inconvenient Truth. It’s time to get past the ‘home buyers won’t pay for it’ mindset when it comes to making homes sustainable … they are paying for it, now or later.

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Number of First-Time Home Buyers FallsNumber of First-Time Home Buyers Falls to Lowest Levels in Three Decades. Figure represents third straight annual decline and lowest percentage since 1987

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Millennials Living at HomMillennials Are Just as Likely to Live With Parents as to Own a Home

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Groovy New Tiny House with Full-Size Appliances Can Sleep 8Groovy New Tiny House with Full-Size Appliances Can Sleep 8.  Remember the Escape Traveler, the fab new mobile tiny home with major amenities like a full-size oven and bathtub? Well, the maker of the Escape Traveler has just launched an even more spacious version.

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Construction Forecast 2016Chief economists for the NAHB, ABC and AIA offer mostly optimistic views for 2016.
*A 7.4% growth in nonresidential construction in 2016  *Big growth in the single-family sector due to pent-up demand.
*Improving job market

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First Time BuyersZillow offers up an analysis of just who exactly today’s First-Time Home buyer is, and finds that they’re typically older, focused on condos, and increasingly able to score a loan with a lower credit score.

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Recent Housing News

Happy Labor Day

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St Petersburg, FL

Another reason why St Pete is a wonderful place to live! Craft lovers choose St Petersburg, FL as their favorite place to enjoy a vibrant craft scene.

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Micro Housing

7 Things You Need to Know About Micro-Housing Investment. Is micro-housing a safe enough bet for investors or a fleeting trend?

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Millennial HomeownershipAre Generation Y’s homeownership aspirations overly optimistic?
Seems young adults are excited to become homeowners. But, they’re just not ready yet.

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Generational DivideBridging the Generational Divide…
Abby (Millennial) & Chris (Boomer) Elliott Face Off

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Homebuying OnlineWill Millennials Buy Homes Online? The Chinese Already Are.  With Millennials more active than ever online, will the Internet be the new marketplace for real estate?

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Construction SectorConstruction Emerges as Growth Engine of the Economy.  Construction is heating up this summer, turning the sector into the strongest in the economy.

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Housing News: Tidbits From Last Week

 

Merry Christmas

Liar's LoansStricter Lending Rules Haven’t Curbed Lying Mortgage Applicants… Even with tougher rules, people are still lying to get mortgages.

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What Worries BoomersDid you know that the 3 biggest Retirement worries of the ‪Baby Boomers‬ have to do directly with housing?

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Are Artists the Leading Edge of Gentrification?Are Artists the Leading Edge of Gentrification? Can Affordable Housing For Artists Change A Neighborhood?

 

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Micro Housing3 Trends Will Define the Future of Small Space Living.  Designing for Shrinking Square Footage.

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Housing News: A Week In Review

zeroHouseInteresting take on ‪Micro Housing‬ – zeroHouse… With solar panels, a rainwater collection plane, and organic-waste digester, it is designed to take its owner entirely off the grid.

http://bit.ly/1pJXGdu

 

Millennial WomenMillennial Women Research Before Buying…More than 80% of Millennial women say they put a great deal of thought into what they buy to make sure it’s the best choice.

http://usat.ly/1qyj70T

 

Smart HomesWhat’s the Point of a Smart Home? Does the Complexity Added by Automation Outweigh the Convenience?

http://on.wsj.com/1pJO9l2

 

SkyscrapersWhy Can’t We Build Skinny #Skyscrapers Everywhere?  The limits to how tall and thin towers can be has more to do with markets than engineers.

http://bit.ly/1pAIFxd

 

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Housing News: A Week In Review

Housing RecoveryOvercoming NAR’s Home Sales “Subdued” Reference…
The Truth About National Association of Realtors‘ Home Sales Numbers

http://bit.ly/1h5JqrK

 

Eau de CondoEau de Condo… Some condo developers are betting that the best way to a buyer’s heart is through the nose.

http://on.wsj.com/1iuDMz9

Jumbo LoansJumbo Loans for Micro Homes…
Buyers in expensive markets are turning to jumbo loans to help buy diminutive apartments with sizeable price tags.

http://on.wsj.com/1rKHysW – VIDEO

 

Paying All CashInvestors paying all-cash for homes are coming back to the market at rates not seen since last Spring.
http://bit.ly/1jC9LMV

 

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