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What’s Up With Housing?

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Half the mortgage rate gain observed since the start of January has since been erased, according to Zillow.
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But for all the enthusiasm, the tiny-house movement isn’t moving very fast. Financing, zoning laws and entrenched attitudes have conspired to limit tiny houses to a tiny percentage of the nation’s housing stock.
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The Pinellas County housing market hasn’t shown any let down in the year-over-year median sale price and median time to sale for Single Family Homes and Townhome/ Condos. $266,375 in June 2018 versus $248,450 in June 2017
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There are 7 factors that you should consider when choosing your retirement dream home. Evaluating your current house for its ability to adapt with you as you age can be the first step to guaranteeing your comfort in retirement.
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The Top U.S. Migration Pattern? New Yorkers Moving to Florida.
Florida was also the top destination for out-of-state movers from New Jersey, Pennsylvania, Michigan and Illinois, though a handful of Floridians moved to Texas.
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What’s Up With Housing?

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“Invisible Sustainability,” the blending of sustainable design principles with an aesthetic that is rigorously minimal.
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The share of self-employed construction workers remains high, even as housing recovers.
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Flood insurance got more expensive this month, and it may become even pricier depending on how Congress handles the July 31 deadline to address the National Flood Insurance Program.
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It’s important to vet your subcontractors well, as you may end up paying for their potential default or mistakes.  These best practices can help ensure you have the right pros working for you.
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Homeless VetsFlorida Receiving $567,928 to Help Homeless Vets.
HUD and the VA will provide housing vouchers to help 5,211 U.S. veterans nationwide find a home. In Florida, 13 agencies across the state will split the funding.
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Suburban municipalities can help pave the way for new development by making zoning adjustments that ensure density.
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What’s Up With Housing?

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One reason for the increase is that many lenders allowed borrowers affected by Irma to skip a payment.
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The pioneering geriatrician Dr. Bill Thomas is developing the Minka tiny home to create an assisted-living model completely on seniors’ own turf and terms.
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Smart CitiesAT&T’s Smart City Vision: More Parking, Fewer Traffic Jams.
Managing traffic flow, locating open parking spots and seeing whether bridges are structurally sound are some of the potential benefits from AT&T’s latest push to power the smart city.
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The forecast predicts a growing economy and positive demographic trends, creating opportunities in the housing market despite the affordability challenges buyers will face from rising prices and mortgage rates.
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Houzz’s 2018 Kitchen Trends study revealed that homeowners are obsessed with clutter-free countertops and ingenious storage options.
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2018 Construction ForecastConstruction Industry Set for a Boom in 2018.
Job creation, increased spending, and high optimism in the construction sector suggests that 2018 will be a big year for builders. For all of 2017, construction added 210,000 jobs, a 35 percent increase over 2016.
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Owning a home always has been, and always will be, a crucial part of attaining the American Dream.


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What’s Up With Housing?

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Speculation is a major element of the housing bubble formula. Right now, there are not elevated percentages of investors and house flippers. Therefore, there is not an elevated rate of speculation.
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Tiny houses can teach all of us how to stay organized. Here are some tiny-house rules that will work wonders for big homes.
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As investors remain cautiously optimistic in repositioning their portfolios and recalibrating their strategies for 2018, here are eight trends to watch for in multifamily investment for the upcoming year.


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Recent Housing News

Sustainable HomesAnother Inconvenient Truth. It’s time to get past the ‘home buyers won’t pay for it’ mindset when it comes to making homes sustainable … they are paying for it, now or later.

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Number of First-Time Home Buyers FallsNumber of First-Time Home Buyers Falls to Lowest Levels in Three Decades. Figure represents third straight annual decline and lowest percentage since 1987

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Millennials Living at HomMillennials Are Just as Likely to Live With Parents as to Own a Home

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Groovy New Tiny House with Full-Size Appliances Can Sleep 8Groovy New Tiny House with Full-Size Appliances Can Sleep 8.  Remember the Escape Traveler, the fab new mobile tiny home with major amenities like a full-size oven and bathtub? Well, the maker of the Escape Traveler has just launched an even more spacious version.

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Construction Forecast 2016Chief economists for the NAHB, ABC and AIA offer mostly optimistic views for 2016.
*A 7.4% growth in nonresidential construction in 2016  *Big growth in the single-family sector due to pent-up demand.
*Improving job market

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First Time BuyersZillow offers up an analysis of just who exactly today’s First-Time Home buyer is, and finds that they’re typically older, focused on condos, and increasingly able to score a loan with a lower credit score.

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