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What’s Up With Housing?

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A new NAHB survey confirms that consumers are definitely intrigued by smaller homes, 600 square feet or less. 53% said they would likely consider buying one.
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Disabuse buyers and sellers of these common misunderstandings about what constitutes a true smart home and what different technology features are actually worth.
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The median price of a house in Pinellas shot up 14% to $245,000. That was the biggest year-over- year increase since May. But the number of closed sales plunged by 12.8%.
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The cure may be in an architectural concept that sounds new but is as old as the hills. Take a dose of biophilia and read how your home’s design can help you live a healthier, less stressful life.
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A stronger economy at the beginning of the year increased the chances of more rate hikes, according to minutes of the Fed’s January 30-31 meeting released Wednesday.
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What’s Up With Housing?

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There are several headwinds that need to be addressed—if not this year, then soon, some industry experts say.
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Urban Planning101 Small Ways You Can Improve Your City…
Sometimes the smallest things we can do for our neighborhoods can have the biggest impact.
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They had stronger positive outlooks about what their finances should be like a year from now, as well as how they expect the U.S. economy to fare a year from now and five years from now.
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Some urban planners call it “missing middle” housing. That’s low-rise housing built at a scale compatible with single-family houses, but at higher densities, making them candidates for meeting a growing demand for walkable urban housing. Four-plexes are an example.
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Whether it be for convenience, safety, or just a fun tool to have, more home and garage smart-features are hitting the market and creating a new wave for the “techies” of the world.
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Tesla will set up designated spaces in over 800 Home Depot stores that will highlight its renewable energy products and is reportedly in talks with Lowe’s.


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Housing News: A Week In Review

Realtors… Please Save This Date: December 12, 2017 – 9:00am to 10:am
Title Security’s Coffee Corner will help you learn how to better navigate the sections of the FR/BAR contract that impact your closings.

The Senate is working on its own legislation so the final outcome remains undetermined.
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Are “smart homes” selling better than their unconnected rivals? Savvy sellers can add smart lighting, doorbell, lock, thermostat and security for about $2,100.
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In his new book, ‘Artemis,’ Andy Weir geeks out on how homes and cities could one day be built on the lunar surface.
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“Rising homeownership rates and limited housing inventory” are two factors driving demand for housing says Robert Dietz with the National Association of Home Builders.
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The 53-acre Water Street Tampa will include two sister residential towers connected by a large commercial space.


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Recent Housing News

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Housing Market Still PositiveKeep Calm and Keep Buying Homes…
From a housing economist’s perspective, the prospects for the U.S. residential real estate market still look good after last week’s surprise election results.

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2017 Real Estate TrendsReal Estate Trends to Watch in 2017.
In addition to the commercial use of drones and how the President-Elect Donald Trump may impact the real estate market, many millennial buyers may skip the starter home and purchase a move-up home instead in 2017.
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55+ Housing Needs55-Plus Residents Are Not All the Same.
Older adults don’t just fall into one amorphous demographic blob; they have distinct housing-need differences that builders need to address in their design and location of 55-plus communities.
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Florida Association of Realtors86% of buyers don’t have a clue what a CLUE report is.
If a seller made multiple property insurance claims, buyers could end up paying surprisingly higher premiums – but only 12% request a CLUE report.
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Smart Homes5 Smart Homes Using Connected Tech in Different Ways
Everyone has a different need for smart home technology. This round-up offers up a few examples for different types of buyers.

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Rising RentsRising Rents Could Be the Real Reason People Can’t Save…
“The rent is too damn high” is more than a political slogan; it reflects the harsh reality of unaffordable housing in America today.

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Interesting Housing News

Rent-To-OwnIs Rent-to-Own a solution to the rental crisis?  Potential buyers struggling with weak credit scores or inadequate downpayments could find it easier to become a homeowner under a rent-to-own program.

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Smart HomesWill 2016 Will Be The Year of The Smart Home?  A new survey reveals that homeowners are more interested in smart home technology than ever before.

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New Products 2016 IBSNew Products: From graphic tiles to important behind-the-wall solutions for healthy homes, the 2016 International Builders Show and Kitchen & Bath Industry Show have no shortage of new products for your upcoming projects. 

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Kitchen FlooringKitchen Confidential: An Expert Guide to Flooring… A look at the pros, cons and costs of 5 popular kitchen flooring materials.

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http://www.TitleSecurityFL.com

 


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Recent Housing News

Zero Energy HomeThis Zero-Energy Home Is Run By Machines And Costs A Lot Less Than A Regular House.  Will this create a new model for how we design houses—and how we build them?

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Downtown TampaJeff Vinik’s downtown Tampa district will have a $20M ‘wellness’ focus. “We foresee our Tampa urban district setting a new standard for wellness and sustainability,” Vinik said in a statement.

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David Stevens, president and CEO of the Mortgage Bankers AssociationTRID: The changes prompted 5 years ago by the Dodd-Frank law, seeking to help borrowers better understand the terms of their mortgage before signing, may not be a smooth transition.

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Home Trends SurveyOutdoor Living Spaces and Smart Home Technology Top AIA Home Trends Survey.  Emphasis on increased popularity of home technology and the recovery of special function rooms.

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http://www.TitleSecurityFL.com


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Housing News From This Past Week

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New Home SalesThe increase in U.S. new-house sales outstrips forecast…  And now, the housing market is entering what is traditionally its busiest season.

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House-Hunting Using A Watch“Watchful” House-hunting…
New features give home shoppers a more complete snapshot of what it would be like living in a particular neighborhood.

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Smart HomesJust think… your connected home could be cooler than ‘The Jetsons’.  See What They Got Right, and Wrong, About the Connected Home… Pretty Smart.

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Construction Technologies of the FutureThe future of the construction industry: techniques and technologies… This new infographic details the major technology advancements we could see over the next decade, as well as the impacts on our industry as a whole.

 

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Baby Boomers Are Driving the Housing MarketWealth & Health: Baby Boomers Are Driving the Housing Market… New research shows that consumers aged 55 and older will buy more than half of the new U.S. homes in the next five years. 

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