What’s Up With Housing?

Happy Presidents’ Day

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The 2018 Year-End Pinellas County Single Family Home Market Statistics Reports have arrived.

Overall, closed sales were slightly down from 2017, but sale prices were up!

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Plans For Downtown St. Pete Condo Project Withdrawn.

357 on Fifth, a 13-unit condo project, had been planned for 357 Fifth St. S in downtown St. Petersburg has now been scrapped and the property is up for sale for $1.3 million.

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Florida PSC Says it Won’t Regulate Tesla’s Solar Leases.

Should a solar lease be regulated as a utility if it “sells” power to homeowners? The state says no, so solar-using homeowners needn’t fear new regulations.

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The Complexities and Contradictions of Tiny Home Living.

It takes more than changing the size of a home to change the mentality of the people who live inside.

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Building for Health and Well-Being…

Homes need to combine a tight building envelope with mechanical ventilation and air filtration to provide consistently fresh indoor air. Healthy homes also provide optimal natural light.

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Tampa Bay Housing Prices Rose in 2018 But Not Nearly as Much as They Had Been.

Prices continued to rise in all four bay area counties but the rate of increase has been cut in half since 2016, according to figures released Tuesday by Florida Realtors. Sales also lagged.

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Millennials Are Undeterred by Fixer-Uppers.

Millennial home buyers are taking a long-term view when buying, and also tend to value safe neighborhoods and good schools over walkability and short commutes.

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http://www.TitleSecurityFL.com

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What’s Up With Housing?

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Florida High School Construction Academy Reborn to Promote Trade Careers.

A grant worth nearly $1 million helped reinvent the program that has helped almost 100 students work towards carpentry certification.

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Will Modular Construction Be the Disruptor?

When the topic of disruption arises we often hear; smart homes will soon be the norm, more people than ever are connected via the Internet of Things, and Artificial Intelligence will disrupt the way we live, work and play.

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Gen Z In a Rush to Homeownership.

Realtor.com finds the z’s are indeed zealous when it comes to saving for a home.

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Millennials Want ‘Influencers,’ Not Agents.

Authenticity has never been more important, and real estate agents should position themselves as trusted advisors and sources of insider information before, during and after the transaction.

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Home Project Costs…

From plumbing and electric to additions and remodeling, this infographic shows the average cost homeowners paid for 57 popular home projects!

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Demand for Tiny Homes is Growing.

Tiny homes are set to go through a growth spurt, because the demand for living small is getting bigger.

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What the New Congress Means for Real Estate…

We could see tax reform rollback, HUD cuts, flood insurance and other housing policy likely to be stalled in gridlock as a new makeup of lawmakers comes to Washington.

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http://www.TitleSecurityFL.com

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What’s Up With Housing?

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Tiny Homes May Have a Wider Buyer Pool…

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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The Mythical Value of Smart Homes

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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Pinellas County Homes Prices Soar By Double-Digits in January.

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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How Can Architecture Contribute to a Healthier, Less-Stressful Life? …Biophilic Design.

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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More Rate Hikes Look Likely…

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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http://www.TitleSecurityFL.com

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What’s Up With Housing?

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The Next Housing Boom: Millennials

Wall Street is witnessing the best bull market in homebuilder stocks in years.

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Study: Homeownership is a Priority For Younger Consumers.

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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Builder Offering to Pay Off Student Loans for Buyers.

There’s an interesting program being introduced by Lennar Home Builders and Eagle Home Mortgage.

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Channeling Sears catalog: Amazon now delivers tiny houses…

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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Survey: 33% Say They Would Buy a Haunted House–If …

Willing to endure things that go bump in the night for a better real estate deal.

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http://www.TitleSecurityFL.com

Recent Housing News

For New Homes, Women Are a Tougher Sell…
Angst about health of the housing market appears stronger than men.  It is not that women don’t want to own their own homes. In fact, they want them more.

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A Housing Trend Rooted in Agriculture…
Feeding off the continuing interest in eating fresh, local food, developers are ditching golf courses and designing communities around farms, offering residents a taste of the pastoral life — and tasty produce, too.  ‘Lettuce get something to eat.
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The Presidential Election and Its Impact on Housing
Even during this election year, the desire to achieve the American Dream is greater than the fear of uncertainty of the next presidency.
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Tiny Homes Grow More Appealing for Millennials
Millennials looking to save save money and live debt-free in the aftermath of the Great Recession have began to think small…or rather, tiny.
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More Baby Boomers Migrating to the City…
An increasing percentage of boomers are leaving the suburbs for cities that are accommodating their needs.
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http://www.TitleSecurityFL.com 

 

Recent Housing News

Thanks to all our Realtor friends for participating in this past week’s Coffee Corner.

Quantifying the Millennial Impact On Real Estate…
Millennials will sacrifice size for location and will pay more if the amenities and services enable them to recapture time lost while working or in transit. Urban and suburban mixed-use, micro units and amenity-laden properties will appeal to this generation of social achievers.

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Are cabins the New American Dream?
The Dream has always been more than just four walls and a roof–it’s an ideal, a fantasy–and the tiny home is just the latest stop in this dreamscape.

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How Retirement Communities Are Changing to Appeal to Baby Boomers. 

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See what’s cooking in kitchen design by weighing four different trends on the rise: reclaimed wood; glass and ceramic surfaces; hydraulic lifts; and mix-and-match materials.

 

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