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What’s Up With Housing This Week?

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34th Street CorridorDevelopers Say St Pete’s 34th Street Corridor is Brimming with Economic Potential.
In the past, this thoroughfare has long been known as a busy yet unappealing stretch of commercial roadway.

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Rising Home Prices2 Out of 3 Buyers Believe Home Prices Will Rise
A Gallup poll finds that 61% of U.S. adults expect home prices to continue rising over the next six months – a new high for the annual survey.
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Housing Bubble? No!3 Reasons the Housing Market is NOT in a Bubble…
Mortgage lending standards are appropriate, new construction is below what is necessary and home prices haven’t even recovered. It appears fears of a housing bubble are over-exaggerated.
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Tesla's Solar Roof TilesTesla’s Solar Roof Tile Systems Hit the Market
The company is taking $1,000 deposits on the virtually “invisible” systems, which it will begin installing next month.The company offers an “infinity” warranty on its tiles that integrate solar power into roof coverings. Tesla has published a web tool that can estimate costs and savings.

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First-Time HomebuyersTampa Bay is Nation’s Second Best Metro for First-Time Homebuyers.
For first- time homebuyers, you can’t beat the Orlando and Tampa Bay areas. Despite steadily rising prices, both are relatively affordable compared to the West Coast and Northeast at a time when nearly half of all buyers are first-timers.
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http://www.TitleSecurityFL.com

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What’s Up With Housing?

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Cyber FraudDon’t Miss Tuesday’s Coffee Corner at 9:30am.
“What is Cyber-Fraud? Learn How to Protect Yourself and Your Client in Today’s World”

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Closing CostsHave You Ever Asked Yourself, How Much Are Closing Costs?
Learn about the fees you’ll pay when you close on the purchase of a home.

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U.S. Capitol BuildingRealtors are urged to stay engaged over the next year while Congress considers a full-scale reform to the United States tax code.
Mortgage Interest Deduction… 1031 Exchange… Fannie & Freddie… Flood Insurance
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Rising Home PricesThe Great News About Rising Prices for Homeowners
Recently there has been a lot of talk about home prices and if they are accelerating too quickly.
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Downtown St PetersburgSt. Petersburg/Tampa/Clearwater is 8th Fastest Metro in the U.S.
Florida dominate Forbes’ annual list of places on the economic upswing.
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Home Buying Etiquette7 Unwritten Etiquette Rules Every Home Buyer Should Know.
Here are some unwritten rules of etiquette that home buyers should follow in order to get the home they want without rubbing anyone the wrong way.
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Interest Rate HikeA March Rate Hike Now Looks More Likely.
If this trend continues, the Fed may be faced with a hard decision on interest rates when it meets in March.
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http://www.TitleSecurityFL.com


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Recent Housing News

Easter ObservanceMay Every Easter Blessing Be Yours to Have and Share

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Low Housing InventoryExperts Weigh In on the Lack of Available Housing
Inventory.  
This lack of inventory is challenging many markets.

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TRID's First 5 MonthsTRID’s First 5 Months…   How builders and bankers are handling the Consumer Financial Protection Bureau’s new loan regulations.
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Rising Home PricesUnlike Bubble Era, Home Buyers Now Put Off by Rising Prices.  Low levels of supply combined with higher prices could make Realtors worst nightmare come true.

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Residential AmenitiesShow-Stopping Amenities Catch Residents’ Attention.  These properties incorporate unique and exemplary amenities to enhance resident lifestyles.
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http://www.TitleSecurityFL.com


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Housing News: A Week In Review

Happy Flag Day weekend.

We had a nice article this past week by Mark Holan in the Tampa Bay Business Journal regarding our newly increased office space and additional staff, due to a 50% increase in volume.

Title Security Office MoveTitle Security expands workforce and office  http://bit.ly/17Oeo49

 

 

Home Prices Soaring BackHome prices soaring back, economists say, but don’t cry bubble yet.
http://bit.ly/13uKXzJ
Home sales are hot. Prices are climbing. Supplies are increasingly tight.

 

Vacation Homes Are BackThey’re baaaaack!  Remember vacation homes?  http://bloom.bg/122pLgq  …Well, they’re back big time.

 

http://www.TitleSecurity.net

 


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Housing News: A Week In Review

This is a fun time of year here in St. Petersburg, as the Honda Grand Prix roarsHonda Grand Prix of St Petersburg along our downtown waterfront. Make some VROOM in your schedule and check it out… you won’t be sorry.

Here are a few news/feature items happening in the housing industry.

The Real Estate Market Is Back
Money Magazine says… The Real Estate Market is Back!
In the last year, home prices increased in 92 of the country’s 100 largest metropolitan areas
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Housing RecoveryRising prices helped lift 1.7 million homes above water in 2012, including 200,000 in the final three months of the year, according to a report released by real estate data and technology firm CoreLogic. http://bit.ly/15Ycvyc
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Buying A Home Is Cheaper Than Renting Buying a Home 44% Cheaper than Renting Despite Rising Home Prices
Low mortgage rates have kept homeownership less expensive than renting in all 100 large metros.
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Micro ResidencesThe micro unit trend continues. U.S. cities are developing residences under 400 square feet to accommodate more singles, students, and elderly.
http://buswk.co/143ysx9
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Street Lights Of The FutureThe Streetlight of the Future Will Do So Much More Than Light Your Street
http://bit.ly/14X9tI1
It could also catch criminals, broadcast WiFi and… detect meth labs?