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What’s Up With Housing?

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Owning a home has always been, and will always be, better from a financial standpoint than renting.
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Second cut to state’s biz rent tax in as many years takes effect Jan. 1, 2019. Combined with last year’s cut, some Florida businesses will be saving nearly $100M each year.
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12% of millennials surveyed cited “rising rents” as the trigger that sparked them to become homeowners, while 17% said family needs; for 55+ buyers, 20% said privacy. Overall, 44% want a three-bedroom home, and 93% want at least two bathrooms.
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A new report from a federal watchdog finds that the Federal Housing Administration incorrectly insured approximately 9,507 borrowers who were actually ineligible.
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This marks seventh-consecutive month of home price increases nationwide.
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Every year that passes, the more population patterns are starting to look like the old sprawling dynamic serving suburban and exurban demand.
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Housing News: Interesting Tidbits From The Past Week

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Grand Prix of St PetersburgIt’s Going To Fun Weekend as the Grand Prix of St Petersburg Races Along our Downtown Waterfront.

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Rowland Place - St Petersburg, FLWe are both proud and excited to have begun closings this past week for JMC Communities’ Rowland Place condominiums, here in downtown St Petersburg.

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Health Home Practices9 Best Practices for Building a Healthier Home
From radon mitigation and proper ventilation to moisture control, these strategies are often overlooked in builders’ battle for superior indoor air quality.

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Freddie Mac's New 3% Down ProgramAre You Familiar with Freddie Mac’s New 3% Down Program?
Most loan officers believe the move to a lower down payment will increase access to mortgage credit.

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Rising RentsRising Rents Are Finally Forcing Millennials to Buy Houses.  Are You Noticing a Drop in Age at Your Open Houses?

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