FLORIDA HOME SALES

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“Florida Home Sales” continue to gain strength, as new homes for sale and rising prices in February affect the market, according to the latest housing data released by Florida Realtors®.

“Florida’s economy is growing, with more jobs being created,” said 2017 Florida Realtors President Maria Wells. “And a growing economy boosts the state’s housing sector as well. However, many local markets are reporting low inventory of for-sale homes at a time of increasing buyer demand.”

The statewide median sales price for single-family existing homes last month was $225,000, up 12.5% from the previous year, according to data from Florida Realtors research department in partnership with local Realtor boards/associations. The statewide median price for townhouse-condo properties in February was $167,500, up 11.7% over the year-ago figure.

February marked the 63rd month in a row that statewide median prices for both sectors rose year-over-year. The median is the midpoint; half the homes sold for more, half for less. Florida Home Sales will continue to rise in the foreseeable future.

Florida Home Sales

“Florida’s market for existing single-family homes in February continued to perform in line with what we’ve seen over the past year and a half,” said Florida Realtors Chief Economist Dr. Brad O’Connor. “Due primarily to fewer distressed properties on the market, sales of single-family homes edged down. However, non-distressed sales of single-family homes were up almost 10 percent year-over-year, showing that the traditional market – as opposed to the niche distressed market – is healthy and continues to grow.

We’re located at 7195 66th Street North, Pinellas Park, FL 33781  Contact us for more information by emailing us at AmHousingInfo@gmail.com or calling us at 727-546-6611

American Housing Builders II –  Pinellas, Hillsborough and Manatee Counties.

 

American Housing Builders Serves these Cities in Pinellas County

St Petersburg, St Pete Beach, Pasadena, Gulfport, Tierra Verde, Pass-a-Grille, Treasure Island, Madeira Beach, Redington Beach, Indian Rocks Beach, Clearwater, Clearwater Beach, Belleair, Pinellas Park, Largo, Safety Harbor, Palm Harbor, Tampa, South Tampa, New Tampa, North Tampa, Brandon, Riverview, Apollo Beach, Sun City, Parrish, Palmetto, Terra Ceia, Bradenton, Bradenton Beach, Holmes Beach, Ana Maria Island, Sarasota, Longboat Key, Siesta Key.

Call American Housing Builders II at 727.546.6611 or Contact us with questions about our energy saving homes

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For information on purchasing a new American Housing Builders II Home, call us at 727-546-6611, or stop by our Design Center at 7195 66th Street North, in Pinellas Park, FL 33781 You can also email us at AmHousingInfo@gmail.com or Contact Us with any questions.

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Higher mortgages won’t stop homebuying

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This is an Interesting article about Home Mortgages and Interest rates.

We like to bring you any new home building, sales and news on mortgages that is affecting your decision on when to buy your new home in Pinellas County. Homes are selling at a fast pace in Clearwater, St Petersburg and Pinellas Park. We don’t see any reason for them to slow down. You should know that home prices are going up. This is a copy of the latest Case Shiller report that we showed you in an earlier post. Make sure to take a look at our floor plans and available lots in Pinellas County while your here. Higher mortgages won’t stop homebuying

American Housing Builders II Serves these City’s in Pinellas County

St Petersburg, St Pete Beach, Pasadena, Gulfport, Tierra Verde, Pass A Grille, Treasure Island, Madeira Beach, Redington Beach, Indian Rocks Beach, Clearwater, Belleair, Pinellas Park, Largo, Safety Harbor, Palm Harbor, Tampa, South Tampa, New Tampa, North Tampa, Parrish, Palmetto, Terra Ceia, Bradenton.

Call American Housing Builders II at 727.546.6611 or Contact us about Lots and Homes

Lots And Homes in Pinellas County

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Here is a current list of Lots And Homes in Pinellas County: American Housing Builders II can help you to find exactly what kind or size home you need and a lot to build your new home on.

Manatee Harrison

American Housing Builders II has new homes in Pinellas County that are ready to move into, or building lots you can build your dream home on.

Whether we use your plans or one of our award winning model homes. Take a look at the list of homes available in different sizes and prices to meet your needs and budget.

Lots And Homes in Pinellas County

New Homes in Pinellas County are selling fast and the prices of homes are also going up, as just reported in the latest Case Shiller Report, so now is a good time to build a new home and lock in one of the historic low interest rates for your new homes mortgage.

 

 You Can Check out American Housing Builders II floor plans and the exteriors of models by going to our Home Designs Page.

This list is current, so give Jim Pelosi a call at 727.546.6611 or direct at 727.458.6296.

 

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American Housing Builders Serves these City’s in Pinellas County

St Petersburg, St Pete Beach, Pasadena, Gulfport, Tierra Verde, Pass A Grille, Treasure Island, Madeira Beach, Redington Beach, Indian Rocks Beach, Clearwater, Belleair, Pinellas Park, Largo, Safety Harbor, Palm Harbor, Tampa, South Tampa, New Tampa, North Tampa, Parrish, Palmetto, Terra Ceia, Bradenton.

Call American Housing Builders II at 727.546.6611 or Contact us about Lots and Homes

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Home Prices Are Going Up

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This is a just released article from the National Association of Home Builders

U.S. home resales rebounded more than expected in March as supply improved, suggesting the housing market recovery remained intact despite signs that economic growth probably stalled in the first Home Prices are going up quarter.

The sales surge at the start of the spring selling season was a sign of confidence in the economy, and the momentum is expected to be sustained given low mortgage rates, recent stock market gains and a firming labor market, analysts said.

“There cannot be too much wrong with the economy if consumers keep buying new homes. It shows confidence,” said Chris Rupkey, chief economist at MUFG Union Bank in New York.

The National Association of Realtors said on Wednesday that existing home sales surged 5.1 percent to an annual rate of 5.33 million units last month, beating economists’ expectations for a 3.5 percent increase. Sales were up 1.5 percent from a year ago.

Existing home sales rose in all four regions in March, jumping by 11.1 percent in the Northeast and 9.8 percent in the Midwest. Single-family home sales vaulted 5.5 percent, while purchases of condominiums rose 1.8 percent.

Sales were concentrated in the middle part of the market, with lack of inventory constraining transactions in the low-end segment.

“It points to a very strong start to the crucial spring selling season, and initial anecdotal indications point to this positive momentum being sustained in coming months,” said Millan Mulraine, chief economist at TD Securities in New York.

A separate report from the Mortgage Bankers Association showed mortgage applications last week rose to their highest level in nine weeks as interest rates on 30-year fixed-rate mortgages hovered at their lowest point in more than a year.

BRIGHT SPOT

Despite a report on Tuesday showing a plunge in housing starts and building permits in March, housing remains a bright spot amid indications that economic growth slowed to a crawl in the first three months of the year.

The economy has been hobbled by a strong dollar and weak global demand, which have undermined exports. Lower oil prices are also a drag, as they have eroded the profits of energy firms and prompted them to slash spending on capital projects.

First-quarter gross domestic product growth estimates are currently as low as a 0.2 percent annualized rate. The economy grew at a 1.4 percent rate in the fourth quarter.

In the wake of the housing data, the PHLX housing index .HGX rose 0.23 percent, in line with a firmer U.S. stock market. Shares in the nation’s largest homebuilder, D.R. Horton Inc (DHI.N), gained 0.47 percent and shares of Lennar Corp (LEN.N) rose 0.59 percent. The dollar .DXY was up against a basket of currencies, while prices for U.S. government debt fell.

Housing is being supported by a buoyant labor market, which has resulted in an acceleration in household formation. Sales, however, remain constrained by a dearth of homes available for sale, which is limiting choices for buyers.

While the number of unsold homes on the market in March rose 5.9 percent from February to 1.98 million units, supply was down 1.5 percent from a year ago.

With inventories tight, houses are selling fast. In March, houses typically stayed on the market for 47 days, the fewest number since August, and down from 59 days in February.

“The quickening speed of inventory movement is a reflection of demand growing faster than supply,” said Jonathan Smoke, chief economist at Realtor.com in Washington. “The majority of buyers … are looking to buy within the next six months, but the biggest challenge is the tight supply.”

At March’s sales pace, it would take 4.5 months to clear the stock of houses on the market, up from 4.4 months in February. A six-month supply is viewed as a healthy balance between supply and demand. The median house price increased 5.7 percent from a year ago to $222,700 last month. The rise in house prices is outstripping wage gains. While that could make it more difficult for first-time buyers to purchase a home, it also is boosting equity for homeowners, which could encourage them to put their homes on the market.

New Home Builders St Petersburg FL

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A recent Nielsen Survey says the reason homebuyers prefer a new home, is they get exactly what they want in a home. American Housing Builders 2 in St Petersburg, will build your plan or one of their beautiful custom models. They’ll also customize their existing floor plans to meet your needs.

New Home Builders St Petersburg FL | American Housing Builders Jackson Model Home
Jackson Model

American Housing Builders 2 home designers, make use of their beautiful showroom, so you can choose your favorite cabinets, bath and kitchen countertops, appliances, carpets and flooring. You can also choose bath and kitchen fixtures, lighting and other options just the way you like. Your new home can reflect your taste and style and you’ll also be surprised how inexpensive your dream home can be.

If you want a huge master bedroom in your new home, with an attached office, you can have it. How about huge his and her walk-in closets? Clear story ceilings in your living room with huge skylights, go-for-it!  A large sitting room with a fireplace and French doors with a view of your new pool! American Housing Builders has a floor plan to match this dream or we’ll build your floor plan on your lot or one of our beautiful building lots in Pinellas and Hillsborough Counties.

American Housing Builders 2 offers you the Best New Home Warranty in the Business! Your new home and all the extras you’ve been adding are covered under our great home warranty.Your new home from American Housing Builders 2 will feature the latest designs and building materials available and you’ll have years of worry free comfort and enjoyment, without thinking about the cost of replacement.

Energy Savings in a new home are dramatic, because of the new green building options and other advancements in building materials. Older homes have energy-wasting single-pane windows as opposed to double or even triple-pane windows which are now required in new homes in Florida. A new home will keep you from losing energy and money in the winter and the hot summers in Florida.

New Homes are also controlled by computers which make it easy to own and operate your home, even if you’re not there. Come into our showroom in Pinellas Park and let us show you all of the cutting-edge building products that require less care and maintenance, which makes owning your home easy, because all of new home building systems and components are now  designed and engineered to work together to make your life worry free.

American Housing Builders 2 has beautiful building lots in great communities available in many of Pinellas County’s, finest communities. Most of the homes we build are in master-planned communities with resort-style community centers, pools and clubhouses and in some of the best school districts and conveniently located shopping near your new home.

Technology makes owning and managing your new home easy. You’ll get new high-performance windows, appliances, cabinets and countertops, with energy efficient high ceilings that you won’t find in older homes. American Housing Builders 2 is always looking for new ways to make living your new home more comfortable and affordable.

Your new home is much safer, with state-of-the-art circuit breakers, electric garage door openers with infrared beams, that will stop if anything or anyone is too near. Furnaces and air conditioners using environmentally-friendly coolants, Kitchen and Bathroom Cabinets, including beautiful carpets and paints that are environmentally friendly, so you’’ll be doing your part to make this a better world for you and your children.

Live your dream in your dream home: not someone Else’s dream home. We can help you build it and it’s affordable and it’s waiting for you at American Housing Builders 2.

Contact American Housing Builders2 at 727.546.56611 for a free consultation. Remember we’ll build your home with your plans, or our plans, on your lot, or on one of our lots in some of Pinellas and Hillsborough Counties finest communities.

Multi-generational Family homes St Petersburg FL

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“Multi-generational Family homes” are here to stay! There is a “not so new” concept emerging in the housing industry today as the market improves and living costs continue to increase. The idea is more of a “Walton” type family arrangement designed to appeal to a larger, multi-generational families rather than the typical mom, dad and children type home.Multigenerational Families

The modern day family sometimes consists of parents who have moved in with their children, or children who have moved back in with their parents. In fact, in today’s world, homes may even consist of grandparents or grandchildren moving in with other members of their extended family.

Builders and remodelers are already supporting this new trend in home building.

New home builders in Pinellas County are offering homes with two master bedrooms, as well as dens and family rooms that can be converted to bedrooms and bathrooms on the first floor of the home, as well as flexible spaces that can change with a family needs. New home builders are also offering new design features, like wider hallways and doors and floor plans with no steps that work well for baby strollers and wheelchairs.

American Housing Builders is working on plans for Multigenerational Families.

This new concept is really two houses in one: The main house has three or four bedrooms, with an attached unit with its own kitchen, bedrooms, living space and garage. These are perfect for aging parents. These new areas are about 1/4th the size of the main house with an adjoining door can be left open or closed to have one home or two homes in one.

There is no typical family scenario anymore. Good night daddy, good night Mary Ellen and good night John-Boy.

 
American Housing Builders is located at 7195 66thStreet North, Pinellas Park, FL 33781 and you can contact us for more information by emailing us at info@amhousing.com or calling us at 727-546-6611.

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