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Articles relating to "Trends":

$40 million homes spark ‘copycat effect’ (5/19/2015)
A few years ago, $40M-plus homes were rare. Now, the priciest homes sell for well above $100M, and those $40M listings are cropping up across the U.S.

Millennials getting ready to buy – but not yet (5/15/2015)
Urban Land Institute survey: 70% of non-homeowner millennials plan to buy before 2020. They prefer the suburbs and are saving money for a downpayment.

Home ‘flipping’ still popular in Fla. (5/12/2015)
People still love to buy Sunshine State homes, fix them up and sell at a profit. The state was the nation’s No. 1 home flipper in RealtyTrac’s latest survey.

Homebuyers face a tough spring (5/11/2015)
Each market is unique, but U.S. buyers generally face a number of challenges right now, including a tight supply of listings and very few lower-priced homes.

Builders cater to the move-up buyer (5/7/2015)
Over 100 of top homebuilders say they’re targeting second-time or move-up buyers as research indicates the market will be strong in years to come.

5 housing trends to watch this spring (5/5/2015)
Expect the inventory of for-sale homes to stay tight and higher (probably) interest rates. But experts also predict strong buyer demand and easier credit access.

1 in 4 renters spend half their pay on housing (5/4/2015)
The number of struggling renters has increased 26% since 2007 thanks to stagnant wages and continually rising rents. In Fla., the number is even higher.

Homeownership rate hits 22-year low (4/29/2015)
Census Bureau: The U.S. homeownership rate slumped to 63.7% in March – the lowest rate since early 1993 – from 64.8% one year earlier.

Shrinking shadow inventory to raise prices (4/28/2015)
Fewer foreclosures may mean a tight inventory will get even tighter – and Realtors who specialize in distressed property sales may want to consider a new niche.

NAR study: Return buyers to boost housing demand (4/20/2015)
NAR expects Fla., along with Calif. and Ariz., to see the largest share of return buyers over the next decade. Almost 1M previous owners have already done so.

The real reason millennials aren’t buying (4/20/2015)
While young adults do face ownership challenges like school debt, many have simply postponed big events that kickstart buying, such as marriage and children.

Home energy on the verge of a major change? (4/9/2015)
At-home solar energy use increased 50% each year for the past three years. Experts say roof panels already make financial sense, with battery storage coming soon.

The top 10 features in demand for new homes (4/7/2015)
The outdoor kitchen and fireplace fell out of favor, and more consumers are starting to shy away from first-floor carpeting, laminate countertops and sunrooms.

Most Americans want to move in retirement (4/6/2015)
Bankrate survey: 3 out of 5 U.S. residents want to retire in a different state or city, including 50% of adults age 50 to 64.

Home prices outpace wage growth in 76% of U.S. (3/30/2015)
RealtyTrac: In an economic recovery, wages tend to rebound last after employers find a smaller field of job candidates.

Census: Americans returning to far-flung suburbs (3/30/2015)
The outer suburbs and new homes took a major hit in the housing meltdown, but new data finds that population growth in far-out developments is picking up steam.

Census Bureau: Fla. has fastest growing U.S. city (3/27/2015)
In sheer number of residents, Fla.’s home to 7 of the top 50 fastest growers in the U.S. Mid-Fla.’s older-adult magnet, The Villages, tops list for second year.

Bidding wars return (3/26/2015)
NAR: One in three homes currently sells for more than its listing price, which suggests it may have involved a bidding war with more than one potential buyer.

A pivotal age for real estate marketing: 61 years (3/25/2015)
Study: At age 61, on average, adults shake off the burdens of child raising and jobs, and, for the first time, are free to decide where they want to live.

Census bureau: 10% of Americans want to move (3/25/2015)
About 11.2 million Americans don’t like their current living situation and want to move somewhere else, with younger adults and renters topping the list.

Rent-to-own homes making post-recession comeback (3/17/2015)
Sellers who want to attract credit-challenged buyers, improve the quality of a neighborhood or flip homes quickly increasingly offer a rent-to-own option.

Open-house crowds draw police in some markets (3/17/2015)
Lower listing inventories and stronger buyer interest have caused problems in some areas. A recent Boston suburb open house drew 100 people in 45 minutes.

NAR: Rents could soon outpace household income (3/16/2015)
Recent buyers are financially stable thanks to fixed monthly loans, but life is getting expensive for renters as housing costs eat up more of their income.

Experts make case for big 2015 spike in young buyers (3/11/2015)
Economists point to four converging conditions that suggest a lot of buyers in their 20’s and 30’s will soon commit to buying their first home.

30% think it’s a great time to buy a home (3/10/2015)
TD Bank study: However, two in five consumers say there are too few for-sale homes in their price range, and 44% don’t know about home affordability programs.

Millennials on the homeownership path (3/9/2015)
If the real estate industry’s future depends on 20- and 30-year olds, the short-term future looks fairly rosy as mortgage standards ease and the recession fades.

Could Gen Z reshape real estate? (3/9/2015)
Real estate experts have already started looking at 13-17 year olds to see if they’ll still value ownership as they reach adulthood – and it appears they will.

Townhome market showing signs of a comeback (3/4/2015)
Townhouse construction rose in 2014 based on increased homebuyer interest. Realtors in Fla. and seven other states say there’s a noticeable upswing in demand.

Baby boomers’ housing: What happens when they leave? (3/4/2015)
A huge number of current homeowners are age 51-69, and the industry is starting to wonder what happens next. As boomers age, will millennials fill a housing gap?

Builders shy away from starter homes (3/4/2015)
For now, first-time buyers will have more luck focusing on resale homes than new construction. There’s starter-home demand, but builders aren’t interested yet.

Baby boomer housing a hot market over next decade (3/2/2015)
Merrill Lynch study: 27% of retirees expect to move during retirement, and 37% have already done so. Over the next decade, almost 11 million boomers will turn 65.

Number of movers relocating for a job at 5-year high (2/24/2015)
More Americans seem comfortable moving if it means a better job. The number that relocated in the second half of 2014 hasn’t been matched since 2009.

New homes starting to get smaller (2/23/2015)
For the past three months, the average size of a new single-family home has gotten smaller, suggesting a swing from luxury to middle-income housing.

More adults are single – why you should care (2/17/2015)
The traditional reasons for home buying apply to young couples with children. But 50% are now single, and agents must give them new reasons to own a home.

More 55+ buyers moving, downsizing (2/6/2015)
More and more older adults are selling the family home they’ve owned for decades, and builders are bullish about an upswing in demand for 55+ communities.

More young adults may leave nest, spark economy (2/2/2015)
Up to 44% of adults living with relatives say they hope to get their own place this year. That influx of demand could be a wild card in the housing rebound.

The new electric company: Your home (1/28/2015)
Imagine this future: Instead of buying electricity, most homes generate their own solar power, with any excess supply sold to businesses or non-solar homeowners.

Freddie Mac advises buyers to move quickly (1/28/2015)
The mortgage giant said that favorable conditions make homeownership affordable right now – but buyers shouldn’t assume things will get better if they wait.

Outdoor kitchens’ popularity grows (1/26/2015)
Only 4% of owners making at least $150K per year have an outdoor kitchen, but 13.6% want one. Most popular items are also unusual, such as a pizza oven.

55-plus housing market ‘one of healthiest segments’ (1/23/2015)
NAHB: Builders says the older adult housing market “fared quite well in 2014,” and they predict similarly strong results this year.

Are women the real dealmakers? (1/20/2015)
A study published in Dec. suggests that women may outperform men when it comes to financial negotiations on behalf of another person.

Homeownership rate, home prices no longer linked (1/19/2015)
Historically, a drop in mortgage rates made ownership more affordable, and demand spiked – but that relationship has been off kilter since the Great Recession.

Fla. now No. 3 U.S. state in total population (1/5/2015)
The Sunshine State bumped New York down to fourth place, according to Census Bureau estimates released at the end of December.

Fla. now No. 3 U.S. state in total population (1/5/2015)
The Sunshine State bumped New York down to fourth place, according to Census Bureau estimates released at the end of December.

Owning still trumps renting in overall wealth (12/18/2014)
Paying a mortgage is a form of forced savings, and even owners who bought from 2007-2009 have seen an average gain so far of $18,000 in their net worth.

Fla. institutional investors could turn 29% profit (12/16/2014)
RealtyTrac: Institutional investors bought about 34K Fla. homes when cheap and rented them out. But when will they sell? If now, their average profit would be 29%.

65+ adults are real estate’s most loyal age group (12/15/2014)
Older adults aren’t downsizing and moving into rentals as they have in the past. More are holding onto their homes or buying a new one.

3 Fla. cities poised for baby boomers sales (12/10/2014)
NAR considers Fort Myers, Orlando and Sarasota in the top 10 for expected baby boomer housing demand, based on trends, affordability and economic conditions.

Buyers embrace the ‘contemporary craftsman’ look (12/9/2014)
The style, circa 1910, is known for a simple design and lots of wood and stone. Today’s buyers, however, prefer bathrooms with more 21st Century amenities.

More new homes have built-in solar power (12/3/2014)
Solar power installed during construction costs less than a retrofit, and with added tax incentives, solar energy is becoming a basic part of many new homes.

Five reasons for Realtors to be thankful (12/1/2014)
In the real estate biz, there’s always some type of challenge. But over Thanksgiving, many Realtors noted positive trends in a healthier, post-recession market.

What’s the next big home feature buyers want? (11/24/2014)
Survey says: Smart home technology. Nearly half (46%) of consumers polled want it for their current home or next home, citing comfort, safety and cost savings.