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 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 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 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 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 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 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 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 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 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