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What’s Up With Housing?

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Spring Forward! 7 Ways to Make the Most of This Weekend.
Wild birds, Pi Day or an extra hour of daylight in the evening — which of these pre-spring pleasures tops your list?
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Many home sellers worry that they could be selling their home too soon, losing out on thousands of dollars. Here’s a reality check to help you cope.
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Project Destined teaches kids how to value and finance local apartment buildings, and then given the opportunity to share in real profits from those properties.
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Nine Florida metropolitan areas, including the Tampa-St. Petersburg-Clearwater metro, ranked in the top 20 metros nationwide for consumer reports about fraud in 2017.
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“We are concerned with the recent increase of loans that have debt-to-income ratios exceeding 45%.”
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It’s getting harder to find areas with a healthy balance of affordable home prices, low competition and strong growth prospects.
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What’s Up With Housing?

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Aging In PlaceTips For Building a Home for Aging Owners.
There are many things that can be done to make a home suitable for aging in place. Start with the basics or take on something more complex.

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Tampa Bay Residential BuildingsSouth Florida Apartment/Condo Developers Flock to Tampa Bay.
Drive around Tampa and St. Petersburg and it’s obvious that the bay area’s two biggest cities are in the midst of an apartment and condo building boom.

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Student HousingWhat to Expect from Student Housing Sector in 2017.
The student housing sector is in the sixth inning and there is still a lot of opportunity out there.

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Seniors Housing MarketConsider This Before Jumping into the Seniors Housing Market.
To succeed in the market, it is critically important to consider aspects that set seniors housing developments apart from general commercial real estate projects.
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Mortgage Insurance PremiumsFHA Lowers Borrowers’ Mortgage Insurance Premiums.
The low-downpayment mortgage should be more appealing to first-time buyers after FHA breathed “new life into the program” by reducing costs.

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One - Downtown St PetersburgFlorida construction companies anticipate more work in 2017.
About 80% of construction firms plan to hire workers this year, with nearly a third intending to increase their headcount by more than 25 workers.

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http://www.TitleSecurityFL.com


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Interesting Housing News

Realtors: Please join us at next Tuesday’s 9:30 AM Coffee Corner, and learn exciting new ways to grow your business in 2016.

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Pantone's 2 colors for 2016Pantone’s 2 colors for 2016…  Rose Quartz, a “warmer, embracing rose tone” and Serenity, a “cooler, tranquil blue” are intended to demonstrate balance by reflecting connection, wellness, and peace.

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Downtown St Petersburg Multi-FamilyAnother 366 Apartments Expected to Break Ground This Month in Downtown St Petersburg.

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Smart Home AutomationSmart: Myth Vs. Reality for Home Tech and Automation… 2016 is being hailed as the year that our homes truly enter the high-tech future, and all that talk about the “Internet of things” becomes more than just blather.

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FARIt took longer to close a home loan in November… is TRID the culprit?  VA loans closed in an average 50 days while conventional loans took 49 days. According to NAR, almost half of all Realtors are reporting longer closing times.

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Will the FHA Play an Encore on MIP Cut?Will the FHA Play an Encore on MIP Cut?  If the FHA drops the annual MIP again it will attract hordes of new borrowers who will instantly pay 1.75 percent of their loans into the program in the form of the up-front MIP.

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http://www.TitleSecurityFL.com