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What’s Up With Housing?

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Museums, apartments, condos, a new police station and a dozen other projects mark one of the biggest downtown building booms in St. Petersburg’s 130-year history.
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“Peak Millennial” doesn’t mean what it used to, because Millennials are getting older. And even still, they’re sticking around cities more than older generations.
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Why developers are embracing this growing segment of the luxury condo market. Toll Brothers has made a practice of stretching its brand to accommodate its customers’ shifting tastes.
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UF’s consumer index rose an average 4.6 points in 2017, even though it dropped 1.4 points in Dec. Floridians were “far more optimistic in 2017.”
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More and more affordable housing developers are considering modular construction for their developments because of the time and cost savings prefabricated building can yield.
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Optimistic 2018 Construction Forecast Tempered by Worker Shortage.
The construction industry is expected to continue to grow in 2018, but Florida construction firms face issues of worker shortages and outside competition.
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Freddie Mac says the average rate on 30-year fixed-rate mortgages dropped to 3.95% from 3.99% last week. One year ago, the FRM averaged 4.20%.
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Housing News of Interest

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Florida Association of Realtors4 out of 5 people think homeownership a good investment.
NAHB: “Most Americans believe owning a home remains an integral part of the American Dream” – policymakers need to encourage and protect homeownership.

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Trending Bathroom PhotosTop 10 Trending Bathroom Photos on Houzz
Whether you love sleek contemporary washrooms or rustic loos, Houzz has you covered. Here are great ideas featured in the most popular bathroom photos over the past three months.

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Janet YellenThe Case for a Rate Hike Has Strengthened…
The case for raising U.S. interest rates has strengthened in recent months because of improvements in the labor market and expectations for moderate economic growth, Federal Reserve Chair Janet Yellen said Friday.
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Urban Millennials

Millennial Preferences Are Reshaping U.S. Cities
’18-hour cities’ lure millennials with better career and lifestyle options and a mix of housing, retail, entertainment and green-space options.

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PRO LogoPinellas County Real Estate Statistics for July 2016
This summer the Pinellas County Housing Market has been nothing short of sizzling. For July we see some stats start to cool off, but every indication remains that our market continues to be strong.

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Construction DetailsSuccess is in the Details: Understanding Your Product at a Micro-Level
When it comes to selling homes, our knowledge of the building process can be the difference between making a successful sale and not.

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