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What’s New With Housing?

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The first month of summer is when HUD and others mark the importance of owning a home and the impact it has on the lives of American families and local neighborhoods – and how it benefits the nation’s economic health.
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Do America’s for-profit, market-rate leading players need to concern themselves with a growing housing attainability crisis? You bet!
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Developers of Bezu, a condo tower in downtown St. Petersburg, have cut the height from 300 to 180 feet to be more compatible with the historic Flori de Leon next door.
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Piece by piece along a factory line, workers erect walls, string electrical wires, fasten plumbing, hang drywall and paint stackable move-in-ready apartments.
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Did Tax Reform Kill the Luxury Market?  NOT SO FAR!
“We are seeing the opposite of what was expected. We have certainly not seen the doomsday predictions play out.”
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Nineteen local workforce boards are hosting a statewide, construction-industry focused job fair in cities and towns across Florida.
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Recent Housing News

National Homeownership MonthJune is National Homeownership Month.
Paying rent is not a good investment, but owning is a great way to start building family wealth… Not only does homeownership allow you to provide your children with great education, but you can also decide whether or not your child grows up with a pet…. Owning a home provides you with tax benefits while also providing you with more living space to move around in.

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ForeclosuresHow Much of the Homeownership Rate Decline from 2005-2015 is Due to Foreclosures?
Harvard Joint Center for Housing Studies does the math.

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Interest Rate HikesDo Fed Officials Talk Too Much About Plans for Interest Rate Moves?
Federal policy makers have been working hard to persuade Wall Street and the markets that the Fed may boost short-term interest rates in June or July.

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Home Loan RefinancingThinking About Refinancing Your Home Loan?
Mortgage lenders report a refinancing frenzy, and jumbo borrowers with higher balances are seeing their monthly payments decline the most.

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Home ClosingsBuyers Should Wait Until Home Closing is Signed Before Spending.
Until you close and the keys are in your hands, you are under the magnifying glass. So don’t make these ‘what were you thinking?’ mistakes.
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Buy NowWhy now is a great time to be a home buyer…
We’re building homes with more bedrooms, more bathrooms and more amenities for smaller households — and your mortgage rate is near a record low.
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http://www.TitleSecurityFL.com

 


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Weekend Housing News Recap

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Millennial Homebuyer WantsUrban Meets Suburban in Millennials’ Home Buying Preferences…  What do millennials want when they look for a home? Customization reigns in a new survey that shows a unique set of real estate priorities for millennial home buyers.

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Hire A Realtor5 Reasons You Should Use a Realtor When Selling Your Home.

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National Homeownership MonthJune is National Homeownership Month — See how owning a home benefits families and communities.

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Big Data and Residential DesignWhich House is Hotter? Algorithm and blues:  Can big data guide residential design and livability?

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Aging in PlaceThe Aging Game… Designing for Age In Place Needs as Well as Wants. Aging-in-place design dynamics for several families who have taken the plunge in retrofitting their long-time homes to suit their growing needs.

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