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What’s New With Housing?

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From rooftop decks to custom wood floors, these repurposed shipping containers are anything but boring.
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The The Counselors of Real Estate‘s annual list of industry threats lists rising mortgage rates and the general economy at the top, but it includes long-term issues for the first time, such as a weakening infrastructure and disruptive technology.
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Study: With inventory tight, an entire generation has been forced to consider fixer-uppers, and they’re more comfortable tackling remodeling projects.
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If you are thinking of selling, now may be the time. Demand for your house will be strong at a time when there is very little competition. That could lead to a quick sale for a really good price.
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For the first time since the Great Recession, there are signs of a broad shift in America’s housing market.  Homeownership rates are inching up, while the number of new rental households has declined slightly.
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New Listings for Pinellas County Single Family and Townhomes/Condos UP 8.8%… 1,626 in May 2018 versus 1,494 in May 2017.
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Prefab HousesWhere Are All the Prefab Houses?
Architects, environmentalists and some forward-thinking builders embrace the construction method as the way every home should be built in the future. But modular homes are still a rarity. Why?
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What’s Up With Housing?

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“Convenience is one of the most attractive qualities to Millennials and something real estate developers should keep in mind…”
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NAR says the just-announced tax proposal is “nowhere near as good a deal as the one middle-class homeowners get under current law.” NAHB says it “abandons middle-class taxpayers in favor of high-income Americans and wealthy corporations.”
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Would you live in a shipping container? Check out these inventive recycled container designs.
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Pet owners face unique challenges when buying and selling a home. Not all neighborhoods, houses or condos will love their dog as much as they do.
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If you’re thinking of selling and moving down, waiting might make sense. If you are a first-time buyer or a seller thinking of moving up, waiting probably doesn’t make sense.
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NAR: Before its Dec. 8 expiration date, NFIP will likely be OK’d for another extension to give Congress time to finalize a longer-term revamp of the program.
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What’s Up With Housing?

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Wall Street is witnessing the best bull market in homebuilder stocks in years.
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71% of prospective homeowners – largely millennials – believe it’s a good time to buy a home, and 63% remain steadfast in their ideal preferences for a home.
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There’s an interesting program being introduced by Lennar Home Builders and Eagle Home Mortgage.
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Amazon.com will now ship a 320-square-foot shipping container home, complete with appliances, bath fixtures and hookups — just add it to your cart.
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Willing to endure things that go bump in the night for a better real estate deal.


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What’s Up With Housing?

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According to Freddie Mac’s Outlook for Sept., new homes will be a primary driver of sales and slightly higher mortgage rates will dampen price increases. But “the economic environment remains favorable for housing,” says chief economist.
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While far from new, eco-friendly and affordable, shipping containers are gaining popularity as an alternative to traditional houses.
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Finding out that you’ll need to come up with thousands of dollars right before closing is not a surprise anyone is ever looking forward to.
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As Congress and the Trump Administration release plans for tax reform, NAR says it will fight to make sure any new tax plan doesn’t discourage homeownership.
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Both on 4th Ave N, The Bezu, is a 24-unit tower close to Beach Drive, and 747 North, an 18-unit project several blocks to the west.


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Recent Housing News

Appraisal ChallengesHome Prices Are Up…But There is a Challenge
Every house on the market has to be sold twice; once to a prospective buyer and then to the bank (through the bank’s appraisal). And when prices are surging, it is difficult for Appraisers to find adequate, comparable sales to defend the sales price.

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Surviving a Seller's MarketHow To Survive a Seller’s Market
You’re gonna need to bring your A-game, or don’t bother showing up at all.
Check out the survival tips below to stand out from the competition and get the edge.
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Florida RealtorsSurvey: Real Estate is the BEST Investment…
When asked the best place to put money in hopes of future returns, 35% of Americans surveyed said real estate. Only 22% said stocks or mutual funds while 17% said gold.

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Senior Housing OptionsCountry Faces Overwhelming Need for Affordable Seniors Housing Options.
The percentage of seniors who need affordable housing is rising faster than the increase in the elderly U.S. population.
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Shipping Container HomesThe Truth About Building a Shipping Container Home
They’re sleek. They’re innovative. They’re metal. They’re eco-conscious and sustainable. Did we mention hip?  But designing and building one is hard work—and it ain’t cheap.

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Interesting Housing News From the Past Week

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Wellness CommunitiesIs Wellness the New Green?
Green Homes Are So 2010: The Future Is Wellness Communities

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Shipping Container HouseShip Shape: Homes at a Fraction of the Cost.  “What’s the one thing you wish you’d known before you built your shipping Container Home?”

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Do Millennials Understand Mortgages?Millennials Appear Not to Understand Mortgages…  Seems They’re OK With That.

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Housing Bubble‘This is no housing bubble’.  Don’t fear today’s rising home prices, says economist. There are differences since the real estate meltdown – it’s mostly a post-recession price correction.

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Buying A Vacation Home6 things to consider before you buy a vacation home…  Do you want to jump on the vacation home bandwagon? Consider these factors first.

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