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Dream Big!
Articles relating to "Trends":

Survey: Buyers picking bigger yards over bigger homes (8/18/2017)
Most buyers (56%) would give up square footage for a great outdoor space, rating “distance between homes” as their most important outdoor feature.

What’s one thing you shouldn’t do to attract millennials? (8/16/2017)
Answer: Call them millennials. Businesses are trying different tactics to reach this generation, but a good place to start is with a list of things not to do.

More owners tapping home equity to start businesses (8/16/2017)
Where do you get capital to start a business? Almost 300,000 people tapped their home equity in the latest Census Bureau study – about 7.3% of all start-ups.

Gov’t shutdown could delay real estate closings (8/15/2017)
Congress has work to do in Sept. to keep RE on track. In addition to flood insurance expiring, the U.S. will run out of money on Sept. 29. If the gov’t did shut down, it would bog down RE tasks that require fed intervention, such as some FHA functions.

What to mention first in a listing? Quartz countertops (8/14/2017)
Demand for easy-care but expensive quartz continues to skyrocket, and consumers seem to be less enamored with granite and marble. Nickel faucets are also becoming more popular, but tubs with jets appear to be on their way out.

Builders: The 55+ housing market is going strong (8/14/2017)
With 10,000 boomers retiring each day, builders remain confident. NAHB’s 2Q 55+ index not only rose 11 points, it’s been in positive territory for over four years.

5 hidden costs can make tiny homes expensive (8/11/2017)
“Tiny house regret” is actually a thing. Homeowners who downsize to simplify their lives are discovering that it’s not as cheap or as easy as they thought.

‘Agrihoods’ a possible use for dying Fla. golf courses? (8/11/2017)
Some buyers love the idea of farm living providing it’s in the heart of the suburbs. Like golf communities, agrihoods focus on nature but also sell organic food.

Surprising drop in owners optimistic about selling (8/11/2017)
Are owners less inclined to sell? The percent who thought it’s a good time hit a record high in Fannie’s June survey – but it dropped a surprising 11% in July.

Why the tight inventory? Blame the boomers (8/10/2017)
Buyers need more for-sale homes, so conducted a study to find out why inventory remains stubbornly low. The reason? Baby boomers don’t want to move yet and new-home construction remains inadequate.

63% of Floridians fear falling home prices (8/9/2017)
Survey: 58% of U.S. homeowners expect a “housing bubble and a price correction” in the next two years, a 12 percentage-point increase since April.

CRE report: Polarization top issue affecting real estate (8/7/2017)
What top risk factors threaten real estate? CRE’s annual list of the top 10 also includes technology, generational changes, retail disruption and health care.

Should housing fear a price correction? (8/3/2017)
The short answer: No, according to a JPMorgan study. Sharp housing price corrections are rare, they say, even after a large run-up in home prices.

Fewer Americans seeking greener pastures (8/3/2017)
Many small-town residents remain in place as local economies struggle and jobs move elsewhere. For a number of reasons, they no longer believe they can leave.

Homebuilders still struggling to find qualified workers (8/1/2017)
Millennials aren’t applying for construction jobs, fewer immigrants are entering the country, and the number of homebuilder job openings grew to 154,000 in May.

Sustainable energy will soon be the new normal (7/31/2017)
Some experts say an energy revolution will take 20 years to unfold, and buyers will one day view solar panels as a home necessity rather than a perk.

The homeownership rate apparently bottomed out in 2016 (7/31/2017)
The real estate crisis turned many owners into renters, but the homeownership rate seems to have bottomed out at 62.9% in 2016. This year it’s up to 63.7%.

More owners are remodeling rather than moving (7/28/2017)
Americans are pouring record amounts into home remodeling this year as single-family home shortage and surging prices block many of them from relocating.

Study: In Fla., owning beats renting (7/27/2017)
It’s cheaper to rent than own a home in 11 states, but Fla.’s average monthly rent, $1,543, is still higher than the cost of an average monthly mortgage: $1,376.

Regrets? Tiny house owners have a few (7/27/2017)
A TV and media focus on “living small” boosted demand for 400-square-foot homes, but a new study finds that many once-excited owners don’t really like them much.

First-timers missing out because appraisals lag values (7/26/2017)
Cash offers often win bidding wars even if lower, because skittish sellers worry that a low appraisal might jeopardize a deal if their buyers need a mortgage.

Buyers accept ‘extreme commutes’ for affordability (7/25/2017)
In exchange for a bigger home in a nicer setting, more buyers are willing to commute up to two hours each way to combat higher home prices and tighter inventory.

Are builders warming up to smaller homes? (7/21/2017)
An uptick in smaller new homes was noticed about a year ago, but builders still have trouble finding affordable land in close-to-the-city locations.

July builder confidence slips over supply-cost fears (7/18/2017)
The lowest reading since Nov. 2016 is based, in part, on fears about the rising cost of supplies, notably lumber from Canada that now faces potential tariffs.

What does today’s ‘dream home’ look like? (7/18/2017)
What do Americans click most on home remodeling websites? Currently, they’re drawn to modern, high-end finishes, spa-like bathrooms and chic industrial features.

First-time buyers ask Google their questions (7/18/2017)
Study: Google searches related to buying a first home surged to 44% of all home-buying-related search activity – an 11-percentage point year-to-year increase.

Survey: 84% think homeownership is a good investment (7/13/2017)
NAR survey finds generally positive attitudes about homeownership, but more than 50% of unmarried, non-white Americans view affordable housing as a big problem while only 40% of married, white Americans feel the same.

Research: U.S. needs 4.6M new apartments by 2030 (7/7/2017)
Delayed marriages, an aging population and immigration are increasing the pressure for new apartments, and the U.S. will need 4.6 million more by 2030.

Redfin going public, files to raise $100M for IPO (7/6/2017)
What does the future hold? The self-proclaimed “tech-powered” broker automated many services, such as using its app to schedule home tours or suggest listings.

Childcare costs undermine middle-class housing aspirations (7/5/2017)
It’s not just student loans holding millennials back from homeownership. In an era of two working parents, many find childcare costs an overwhelming challenge.

Millions of homeowners miss out on savings (6/29/2017)
Some owners with ultra-low interest rates may decide not to upgrade after rates rise so they can enjoy their affordable monthly payments longer, but that’s not true across the board. Nearly 4.5M owners who could have refinanced haven’t done so.

Homes haven’t been this unaffordable in almost 9 years (6/29/2017)
ATTOM: Home price appreciation accelerated even as wage growth turned negative, knocking home affordability to a low not seen since 3Q 2008.

NAHB: Lumber tariffs will increase cost of new homes (6/27/2017)
Proposed tariffs on Canadian lumber are “another tax” on builders and buyers, NAHB says, adding that the two proposals could cost “a whopping 27%” more.

As rents rise, millennials turn to dorms for adults (6/22/2017)
Co-living arrangements – in essence adult dorms that incorporate a social element shared by all renters – are soaring in popularity as rental costs rise.

First-time buyers face new competition (6/21/2017)
Investors are competing for starter homes: Housing inventories are at the lowest level in 30 years, and worst shortages are in the low and middle price ranges.

Americans place high priority on ownership (6/16/2017)
More than two-thirds of Americans believe that owning a home is an essential part of the American dream, according to a new survey released by NAHB.

Do stellar Yelp reviews buoy home prices? (6/16/2017)
Homebuyers don’t just buy property, they also buy a neighborhood, and a study found that high-rated nearby restaurants may increase a home’s selling price 11.5%.

NAR answers questions about Zillow ‘Instant Offers’ (6/14/2017)
Change is constant in the real estate industry, and since many Realtors are talking about a recent Zillow move, NAR published answers to common questions.

Globally, the U.S. is a deal in luxury housing (6/14/2017)
Luxury real estate buyers may find bargains in the U.S. compared to the rest of the world. Miami is No. 14 for fastest-rising prices; China has the top 2 cities.

Globally, the U.S. is a deal in luxury housing (6/12/2017)
Luxury real estate buyers may find bargains in the U.S. compared to the rest of the world. Miami is No. 14 for fastest-rising prices; China has the top 2 cities.

Homeowners again refinancing and pocketing cash (6/6/2017)
Freddie Mac: Homeowners may be reluctant to sell, but they still want to spend home equity as cash-out refis hit levels not seen since the financial crisis.

Buyer trends: Walking trails overtake golf courses (6/2/2017)
While buyers will still pay for a view of rolling hills and trees, more and more now prefer to see people jogging rather than golfing.

Downpayment help with a catch: A claim on equity (5/31/2017)
Trending: More startups, such as Unison and OWN Home Finance, are offering to help buyers with a downpayment in exchange for a stake in their home’s future equity. However, interested buyers should carefully read the fine print.

Poll: 49% of renters want to buy within five years (5/17/2017)
Gallup poll: 10% of non-homeowners plan to buy a home within the next year, and one in five (20 percent) say they plan to buy within the next 10 years.

Trending: ‘Organic’ senior communities (5/17/2017)
Retired boomers are migrating to some neighborhoods naturally, and cities are encouraging this hybrid trend by adapting amenities to the needs of older adults.

Study: Americans overwhelmed with stress when moving (5/16/2017)
For Realtors, “I can make the process less stressful” might be a better sales tool than “I can help you find your dream home.”

The new normal: Homeowners aren’t moving (5/15/2017)
A decade ago, the median homeowner lived in their abode a bit less than four years; today it’s almost nine years, thanks to value drops and low interest rates.

Directional change: Homes more affordable in 1Q (5/11/2017)
NAHB: Homes grew less and less affordable after the recession, but NAHB’s 1Q report found the reverse, thanks mainly to a rise in average incomes.

Is the homeownership rate finally stabilizing? (5/9/2017)
The U.S. homeownership rate has continued to drop after hitting a pre-recession peak, but after a low of 62.9%, the rate seems to have stopped dropping.

More owners remodeling to ‘age in place’ (5/9/2017)
NAHB survey: Builders report an uptick in remodeling projects that allow homeowners to age in place, such as wider doorways, new grab bars and higher toilets. They found a bit less demand for big projects.

Are the suburbs seeing a rental boom? (5/9/2017)
After the recession, renters flocked to urban areas, and urban construction soon surged to record-high levels. But a new study finds that things are changing.

How much is a great view worth? (5/8/2017)
Study: Good views are worth more in cities, though a suburban lake-view home usually commands a higher selling price than an identical non-lake neighbor.

Builders’ 55+ confidence wanes after post-election high (5/4/2017)
Builders remain bullish on the 55+ market, but a post-election record high in NAHB’s 55+ confidence index declined 12 points in the latest report.

Pet ownership up, latest trend is ‘Catios’ (5/4/2017)
Homeowners have always loved pets, but more are now remodeling to accommodate them. The latest trend, a catio, gives cats a safe place to relax outdoors.

Old home decor isn’t always a bad thing (5/3/2017)
To some buyers, 60-year-old cabinets are a turn off – but others long for a “time capsule” home that hasn’t been updated at all since the mid-20th Century.

The downside to more tech jobs? High home prices (5/3/2017)
High-paying jobs can lift a community, but cities with lots of high-tech jobs are realizing that rising home prices push other residents out.

Closing roadblocks? Financing fades as appraisals rise (5/2/2017)
One out of four (23%) March home sales failed to close on time. Fewer Realtors are citing financing issues, however, but appraisal issues are trending up.

Home hunters finally favor buying over renting (5/2/2017)
Census Bureau: For the first time in a decade, more new households chose to buy a home rather than rent one in the first quarter of 2017.

Help boomers navigate retirement (4/28/2017)
Three out of four adults plan to downsize to lower their costs and cash in on home equity – a potential real estate boom over the next 20 years.

Poll: Most people expect home prices to keep rising (4/26/2017)
61% of U.S. adults think local home prices will rise over the next year – the highest percentage since Gallup began collecting the data in 2005.

Hispanics a growing buying force (4/24/2017)
While the national homeownership rate decreases, the ownership rate among Hispanics is defying the trend and steadily increasing.

Forget millennials: Gen X driving today’s market (4/18/2017)
Today’s 37-51 year olds missed out on housing during the recession, but the Gen Xers who couldn’t afford homes when the economy tanked are still interested – and many who did buy before values fell are emerging from underwater.

Townhomes having a moment again (4/12/2017)
The fastest growing market segments for builders? Townhomes. Construction grew 17.8% from 2014 to 2015 compared to 10% for single-family and 12.1% for condos.

Survey: Homebuyer preferences in 2017 (4/12/2017)
Buyers can’t find many listings but they still have dreams. The ideal: A 3-bedroom, 2-bath, ranch-style home with a large backyard, updated kitchen and garage. And the older the buyer, the more likely they’ll want a single-family home.

Fewer Americans think it’s a good time to buy a home (4/11/2017)
Higher home prices took a toll in Fannie Mae’s latest consumer survey, with only 30% of Americans saying it’s a good time, a 10% month-to-month decline.

Scary projections if AOB insurance problem not fixed (4/6/2017)
How much more will it cost you each year if assignment of benefit clauses stay in Fla. property insurance policies? The Office of Insurance Regulation found out.

Pot ignites a real estate boom (4/5/2017)
Colorado and other areas with legalized marijuana sales report a major real estate impact: More demand for warehouses and other facilities for the cannabis business.

The risk of home prices going down? ‘Ultra-low’ (4/4/2017)
Latest Arch Risk Index report finds little chance home prices will decline anytime soon. Only energy-dependent U.S. regions face a slightly higher threat.

Buyers: This spring will be the hardest in years (4/3/2017)
Economists think the spring sales season will be the toughest in a decade, as rising prices and mortgage rates spark demand while listings are near a 20-year low.

25% of U.S. markets less affordable than usual (3/30/2017)
ATTOM: In a comparison of local wages vs. housing costs, buyers in 1 out of 4 U.S. cities are finding it more difficult than ever to qualify for a home purchase.

Fla. a top state when comparing taxes paid to services received (3/28/2017)
If ROI (return on investment) is applied to taxes, a WalletHub study ranks Fla. third in the nation for the value residents get from the state taxes they pay.

NAR: This is the worst ‘housing drought’ ever (3/28/2017)
The number of homes for sale is at the lowest level on record, according to NAR, which began tracking inventory 18 years ago. Some culprits: Too few new homes, too many low-end homes owned by investors and stronger buyer demand.

Study: Lowering home values = higher rates of arson (3/27/2017)
Researchers have long suspected a connection between falling home values and spikes in arson rates, but they lacked supporting evidence until now.

Most millennials plan to buy first home in next 5 years (3/24/2017)
HSBC study: Millennials named slow wage growth, rising house prices and a need for better financial planning as challenges to their dream of homeownership. names top cities for millennials (3/23/2017)
Economic growth and relative affordability were top draws for the metros. Salt Lake City ranked first, followed by Miami and Orlando, Fla., as No. 2 and No. 3.

Nearby gym? Mention that detail in the listing (3/22/2017)
Some people go to the gym; other people value a gym that they swear they’ll go to one day. In either case, gym access can boost buyer demand for a home listing.

Could rising mortgage rates be good for housing? (3/22/2017)
While higher rates make it more expensive for buyers, rising rates could also push fence-sitters into action and convince banks that they can approve more loans.

Bidding wars to heat up this spring (3/21/2017)
With high buyer demand and fewer home listings, home shoppers are finding a lot more competition this spring, especially in hot markets Denver, Seattle and Boston.

Top buyer/seller regret? Not prepping soon enough (3/20/2017)
Survey: Most buyers and sellers said they jumped into the market too quickly, even though the sellers spent about five months doing pre-sale prep work.

Luxury homes: Uptick in sellers renting rather than moving (3/16/2017)
Some sellers want extra time to move. Some buyers like the rent that helps defray maintenance costs before they move in. But the deal can be problematic.

Study: Millennials want the suburbs after all (3/13/2017)
“The evidence suggests … that homeownership decisions by younger households have much more to do with affordability than location and lifestyle preferences,” study authors said.

Is an Airbnb rental uptick causing a listing shortage? (3/10/2017)
A study by the hotel industry suggests that investor demand for single-family homes for use as short-term rentals has cut down the supply of affordable housing.

Buyers racing to snag a low mortgage rate (3/9/2017)
A higher rate means a smaller house or, in some cases, no house at all, so want-to-be owners are rushing to buy a home before the Fed increases short-term interest rates, which directly impact adjustable mortgage rates and, indirectly, fixed rates.

Consumers super confident about housing (3/9/2017)
Consumer confidence in the housing market hit a new all-time high in Fannie Mae’s Home Purchase Sentiment Index that rose 5.6% in Feb. to 88.3.

Why are millennials less inclined to move? (3/8/2017)
It’s not just student debt and the economy. “When you look at (millennial) demographics, they should be footloose, but they’re not,” says a Pew senior economist.

How will housing change over the next decade? (3/7/2017)
Be ready for some major demographic housing shifts: Demand will be higher overall, but buyers in their 20s will drop as the number in their 30s and 40s grows.

NAR: Gen X recovering, millennials still live with mom (3/7/2017)
The 2017 Home Buyer and Seller Generational Trends study finds that younger adults are more likely to use a real estate agent than older generations – but student debt continues to slow their move to homeownership.

When it comes to mortgage rejections, Fla. is No. 1 (3/3/2017)
Almost 1 in 5 mortgage applications (17.1%) gets turned down in Fla., according a NerdWallet’s “Homebuyer Reality Report” that studied buyer experiences.

New-home buyers: Act now before prices go up (3/2/2017)
U.S construction has a labor shortage, building costs jumped 25% year-to-year, and lumber costs could surge because a price negotiation between the U.S. and Canada stalled due to an investigation into unfair import practices.

Fla.’s lack of industry compared to some other states and nearby oceans (3/1/2017)
Naples has the cleanest air in U.S.; Ocala ranks No. 3. study credits Fla.’s ocean breeze and limited industry for an overall lack of air pollution.

It’s easier for first-time buyers in 36 other states (2/28/2017)
If you’re a first-time buyer, don’t live in Calif. – it’s No. 50 on a Bankrate study of states that challenge first timers. Fla. ranked 37th, while Iowa was No. 1.

Some luxury sellers slash millions off asking prices (2/27/2017)
The New York and Miami luxury markets have been slowing down, and a few other U.S. regions are concerned about a potential glut on the horizon.

For many, ‘aging in place’ is a bad idea (2/22/2017)
Study: Most older adults don’t want to move, but many should: 66% of homes aren’t accessible for someone with physical limitations and upgrades are expensive.

New home sales rose 3.1% in September (10/26/2016)
A tight inventory of new homes didn’t slow growth in Sept. as new home sales rose 3.1% thanks to recent hiring gains and still-low interest rates.