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What’s Up With Housing?

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Is there a bedroom makeover in your future? One of the easiest ways to refresh and revive your bedroom is with a fresh coat of paint.
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Industry expert Steve Friedman details the ins and outs of the sweeping legislation, including some good news for small builders and developers.
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Will we see the same trends as in 2018, when prices rose due to a relatively scant supply of available homes?
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Economists forecast growth in home prices to drop as higher interest rates impact the mortgage market, but Florida’s housing market is projected to do very well next year.
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How to handle the cost-per-square-foot question every buyer asks but no builder wants—or knows how—to answer.
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After four months of consecutive declines, consumer sentiment among Floridians rose in December. Similarly, consumer sentiment at the national level increased.
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Construction firms across Florida expect to step up hiring significantly in 2019 to meet a growing demand for the industry. There’s just one problem — a labor shortage that has plagued construction for years.


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Interesting Housing News From This Past Week

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Housing InventoryStrong Buyer Demand Continues to Outpace Inventory of Homes for Sale.
Until the supply of homes for sale starts to meet the buyer demand, prices will continue to increase.
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Healthy HouseAdvocating for Clean Air in Homes
Homes can be improved with two changes: the right ventilation and the right sealing. Ventilation and sealing improvements lead to cost reductions for the builder and also for the consumer over time.

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Sherwin-William's 2017 Color ForecastSherwin-William’s 2017 Color Forecast
This Colormix™ Forecast for Homeowners combines self-expression and soulful nostalgia creating inspirational palettes with the future of color.

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Millennial Student DebtMillennial Student Debt Impacts Many People.
LendingTree: In Florida (No, 9 nationwide), the average graduate owes $28,768, and 45.31% say it will delay a home purchase decision. But the impact extends beyond housing as young adults spend less elsewhere too.
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Millennial FriendsRealtors Need to Do More to Connect with Millennials.
Millennials are young, smart, and digital savvy, but the real estate agents trying to sell them houses are often out of touch with this generation. They could also use a little help from Lenders to get this them to buy more homes.
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NY SkylineIs It Time for Real Estate Investors to Hit the Panic Button? That’s What They Want You to Think.
It is prudent to look well past one economic cycle when considering a real estate investment. Beware of self-appointed “economists” who come out with dire exhortations in the media to garner attention.
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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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