America is increasingly becoming a multigenerational country – about one in five households has an adult child living with a parent or grandparent. The last time we were so multigenerational was the 1950s. However, all those adult children living with their parents and grandparents has changed demand for homeownership. “The percent of young adults, aged
The growing signs of a slowdown in the housing market might be good news for homebuyers. Slowing home prices – after the double-digit increases last year – mixed with still-low interest rates are making homes more affordable. In addition, the supply of homes for sale today represents 5.8 months of demand, the most since October
by Andrea Davis The time has come to sell your home—are you prepared? Do you need quick solutions to get top dollar for your home? Depending on its age and location, preparing a home for prospective buyers can be as simple as a few touch-ups or as involved as a few remodels and additions. If
Tampa, Florida (March, 2014) – Hughes Shelton Realtors, comprised of Mike Hughes, Jeff Shelton, Andrea Webb, and team with Coldwell Banker Residential Real Estate’s Tampa Southwest office, has earned the company’s prestigious Society of Excellence award for 2013. This is the highest award level bestowed upon sales associates affiliated with NRT LLC, the largest residential
Your flood insurance premiums won’t rise more than 18 percent a year under a flood insurance bill passed by Congress and on its way to President Obama. Premiums for homes located in one of the nine flood risk categories insured by the National Flood Insurance Program can rise no more than 15 percent in a
By Thomas Ferraro The U.S. House of Representatives, in a rare act of bipartisanship, overwhelmingly passed a bill on Tuesday to protect millions of American homeowners and businesses from dramatic increases in their flood insurance premiums. On a vote of 306-91, the Republican-led House sent the measure – the Homeowners Flood Insurance Affordability Act of
With flood insurance rates — and homeowner outrage — continuing to rise in Florida, Louisiana and other states, the Senate on Thursday passed a bill that would block parts of a law that forced the increases. The 67 to 32 vote represented a triumph of bipartisanship from a diverse coalition of states, and advocates expressed
Florida’s housing market reported higher median prices, more new listings, fewer days on the market and the continued stabilization of inventory in December, according to the latest housing data released by Florida Realtors®. Closed sales of single-family homes statewide totaled 19,497 last month, up 8.6 percent over the December 2012 figure. “Florida’s housing market continues
By: Jo-Lynn Brown The Tampa-St. Petersburg-Clearwater metro area jumped 45 spots from 2012 to 2013 in the Milken Institute’s 2013 report on Best Performing Cities in the United States. The Tampa-St. Pete-Clearwater metropolitan statistical area went from No. 138 on the list in 2012 to No. 93 on the list in 2013, according to Milken’s