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What’s Up With Housing?

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The Federal Housing Finance Agency recently published data on manufactured home prices for the first time.
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While the idea of a hurricane-proof home may sound far-fetched, a Florida housing startup called Arkup has created a residence that can withstand rising sea levels and Category 4 hurricanes. The key lies in its hydraulic while lifting it 40 feet above the ocean floor.
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Many who aspire to own their own place have been locked into the rental market, due to these two main problems: student loan debt and expensive down payments.
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NAHB Housing Market Index steady at a reading of 67. The HMI measuring current sales conditions rose one point to 74 and the component gauging expectations in the next six months increased two points to 74.
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American financial systems look different today, and NAR takes some credit for improvements due to its “significant advocacy support over the past decade.”
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The National Association of Home Builders is looking for a few good women, actually more than a few. Pre-apprenticeship programs help introduce women to the industry.
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Recent Housing News

 

Floor Plan NinjaRealtors: How would you like a Ninja as a reliable friend?
Please come to Tuesday’s ‪‎Coffee Corner‬ and learn how Floor Plan Ninja can make you more successful.

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Home Equity PostGreat News! Florida consumer sentiment rises in March.
The biggest spike was in Floridians’ one-year expectation for personal finances, which rose 6.1 points. Overall, the index was 1.6 points higher than in Feb.

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Dream HomeMore & More Singles Are Falling For Their Dream Home  

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Millennial HomebuyersHow Boomers Can Appeal to Millennial Home Buyers…
Showing that the property can accommodate a party and is tech friendly are a few ways to appeal to younger house hunters.
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Housing Forecasts5 Forecasts for Housing Over the Next Five Years.
National Residential Economic Report sees a mostly healthy housing market, with a few caveats.
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Improving Housing MarketThe Housing Market is Poised to Continue Improving…

Analyst expects more sellers to enter the market as prices rise, easing inventory shortages.

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Vacation & Investment Home 2016 SurveyVacation Home Sales Slow Down, While Investment Sales Surge.
Prices rise for both as an inventory squeeze becomes apparent. The South, particularly Florida, was the most popular destination for vacation buyers.
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Home CreditMortgage lending grew by 43% in 2015.   Contrary to some fears that the Consumer Financial Protection Bureau’s new disclosure rules would severely dampen mortgage lending in 2015, a new report from Equifax shows that exactly the opposite took place, as mortgage lending grew by a drastic margin in 2015.
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