Existing-Home Sales Experienced a Stellar 2016, Reaching 10 Year High

Existing-home sales had a stellar 2016, amounting to 5.45 million-an increase from 5.25 million in 2015 as well as a decade-high from 6.48 million in 2006, based on the National Association of REALTORS® (NAR). Overall, 2016 was a “good year for the housing market,” says NAR Chief Economist Lawrence Yun. See statistics here

Existing-Home Sales Experienced a Stellar 2016, Reaching 10 Year HighExisting-Home Sales Experienced a Stellar 2016, Reaching 10 Year High

Builders forecast massive development in building

Construction of single-family homes is expected to gradually rise this year, as a growing economy, solid employment gains and rising household formation buoys builders forecasts. See details here

Builders forecast massive development in buildingBuilders forecast massive development in building

ILHM Luxury Real Estate Analysis Tampa

In almost any market, even in strong seller’s markets, there will always be some amount of properties that will decrease their listing price. These might include sellers that drastically overpriced their homes just “to see what they could get” or homes that simply entered the real estate market at a price level above what the market will bear. See the luxury homes report here

ILHM Luxury Real Estate Analysis TampaILHM Luxury Real Estate Analysis Tampa

The negative side with the smart home: be mindful

Last October, when a large number of large websites were taken down following a distributed denial of service (DDoS) attack, what number of us thought at the moment that the Internet of Things (IoT) could possibly be involved? See details here

The negative side with the smart home: be mindfulThe negative side with the smart home: be mindful

Home-buyer challenges Rates on mortgages and costs grow together with competition

How as a home-buyer can you find the perfect home, in the area you are looking at, with the rates on mortgages continuing to go up? See details here

Home-buyer challenges Rates on mortgages and costs grow together with competitionHome-buyer challenges Rates on mortgages and costs grow together with competition

Creative Approaches to Help your home Appear Higher priced

Many people imagine purchasing a brand new home, but in most cases this isn’t a choice. If you think your home looks drab and inexpensive, you don’t need to spend an arm and leg on upgrades. A few simple DIY projects can produce a creative space that looks new as well as on trend. See how here

Creative Approaches to Help your home Appear Higher pricedCreative Approaches to Help your home Appear Higher priced

Renovating? 3 Tips to get Eliminate the Remains

Renovating your seventies kitchen and upgrading to stainless steel and granite can create all kinds of happy feelings. It can also produce piles of materials you may not be sure what to do with. Here are a few of tips on how to remove all those building byproducts.  See the tips here

Renovating? 3 Tips to get Eliminate the RemainsRenovating? 3 Tips to get Eliminate the Remains

How come people favor smart homes? Comfort and security

Scripps Networks Interactive surveyed 700 U.S. homeowners of all ages to find out why they’d purchase smart home technology. For most, tech updates were appealing if they provided additional comfort and security. See details here

How come people favor smart homes? Comfort and securityHow come people favor smart homes? Comfort and security

Florida features 4 out of the 5 top ‘hottest’ single-family markets

Among the 50 largest U.S. markets, the top five (in order) were Orlando, Palm Beach County, Fort Lauderdale, Tampa and Dallas, as outlined by Ten-X, an internet based marketplace. Each metro area had “a vigorous blend of consistently strong demand, home price appreciation, and economic and demographic growth.”  See details here

Florida features 4 out of the 5 top ‘hottest’ single-family marketsFlorida features 4 out of the 5 top ‘hottest’ single-family markets

Not used to HOA Understand the covenants

Buyers considering a home in a community that has a homeowners association ( HOA ) should research an important set of rules known as restrictive covenants or CC&Rs. These are the basic rules established by the subdivision that they must follow in order to live there. The rules tend to be designed for maintaining the attractiveness and value of the property. Find out more

Not used to HOA Understand the covenantsNot used to HOA Understand the covenants

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