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Central Florida Heating Up

Parker Associates has been working extensively as of late in the Central Florida Market. It’s a hot market right now with the continuing need for housing of all types. Give us a call for more on what we are working on and if you want to join in the fun. Keep us posted on things. Data supports that the market in Florida is heating up, according to Zillow, though you might find vast differences from one city or one corner of the state to the next. Zillow predicts U.S. home values will rise 2.2% over the next year, while in Florida, they’re expected to rise 4.09%. Floridian home prices increased […]

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Second Homes & Investing

Disposable Income Soaring Thinking about buying a vacation home? You’re not alone. Vacation homes are highly sought after now as Americans’ net wealth and disposable income soar to their highest levels on record. Not only are folks eating out more, buying RVs and luxury goods, they’re increasingly looking for a place that they can get away to. Others are converting their second homes into rental properties and enlist the help of vacation property management professionals to ensure better profits. This trend has pushed real estate prices up quite a bit, especially in hot markets such as Martha’s Vineyard, the Florida Keys and ski destinations like Aspen, Colo.  Note that cabin […]

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Affordable Housing Held Back

Economists identify an unseen force holding back affordable housing When the smoke cleared after the Great Recession, the home builders who survived were in a surprisingly strong position. They had fewer competitors and more power in their local markets. They have since built on that advantage, consolidating until many markets are controlled by just a few builders. Their power has exacerbated the country’s affordable-housing crisis, some economists say. U.S. housing debates rarely involve the “O” word. But oligopolies, a cousin of monopolies in which a few powerful players corner the market, are emerging everywhere. From 2006 to 2015, the number of builders who controlled 90 percent of a typical market […]

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Home Design Trends

10 Home Design Trends on the Rise See popular features and styles for kitchens, bathrooms, dining rooms and more catching on with Houzz users lately. Find them on hdmirrors.com and choose the one you like the most. Home design journalist writing about cool spaces, innovative trends, breaking news, industry analysis and how to improve the looks of your home, using resources for this. Home Design Trends Homeowners Want What will homeowners be asking for in their homes in the near future? While a crystal ball wouldn’t be realistic, a reliable alternative is to look at what’s catching on now and assume those trends in color, function and style will only […]

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Exit Planning for Your Business

Aging US Business Owners As America’s population gets older, many businesses will change hands in the coming years. Just as the workforce is aging, the ranks of business owners are grayer on average. A lot of owners are mulling how and when to sell, you are one of them, consider getting some help with from an expert like Andy Defrancesco. Businesses will be changing hands soon Note that the basic demographic situation that a quarter of business owners are over 60, a figure that will grow once all of the members of the Baby Boom Generation reach retirement age. Lots of them intend to sell relatively soon; as many as […]

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Falling Interest Rates

Falling interest rates are spurring a new wave of cash-out refinance loans. With the average rate on a 30-year fixed home loan now at less than 4%, there are 7 million homeowners who could refinance and cut their current rate by three-quarters of a percentage point. Many are taking notice: Refis are up 28% in the past four weeks. Many of the folks who can gain from mortgage refinancing took out their current loans last year. Still, it’s not a repeat of the boom in refinance requests that took place in 2013, when refis made up 63% of the mortgage market. This year, the figure will be 26%. The Fed […]

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Improve Sales Through 3D Printing

Leveraging 3D Printing to Sell New Homes With the continued advancements in 3D Printing, it’s become something to consider when developing a marketing plan to boost your sales.  Traditional media formats are still useful, but consider the new potential in 3D Printing. Costs of 3D Printing continue to decline as well making it an affordable way to display your products and give a vision to your prospects.  Our team at PTC Computer Solutions has looked at various printers and has some ideas for you. Just as a paper printer can recreate a document based on electronic files, a 3D printer can create a to-scale model of a planned property based […]

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Blocking and Tackling Revisited

Essential Fundamentals To Success The great football legend, Vince Lombardi, when asked about his coaching secret to the phenomenal success of The Green Bay Packers in the 1960s, replied simply:  “blocking and tackling.” He went on to explain that any sports team could achieve brief spurts of brilliance by clever plays and outstanding individual stars, but several years of continuing success requires excellence in the essential fundamentals of the game, which he summarized as “blocking and tackling.” Vince Lombardi’s insight about football is equally relevant to marketing and selling new homes.  Great advertising strategies and individual star sales persons may generate dramatic spurts in sales, but continuing success is inevitably […]

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Jacksonville Growth Continues

Jacksonville Up 20% in 10 Years Located on the eastern coast of Florida, Jacksonville lines both banks of the St. Johns River – the longest river in Florida and also one of only two rivers in North America that flows north instead of south.  In the past 10 years, the Jacksonville metro area has grown by a whopping 20 percent. To date, there are 1.5 million people living in the metropolitan area and more continue to arrive every year.  In fact, Jacksonville’s population has been steadily increasing at a rate of 2 percent per year (compared to 1.8 percent for State of Florida), and its workforce is expanding at twice […]

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Housing Markets Loosening Up

Market Showing Signs of Slowing After years of demand outstripping supply, the housing market is finally loosening up.  Kiplinger reports that builders are scrambling to put up more homes and more homeowners are putting up “For Sale” signs.  But, the rebound will be slow and uneven. The process is just getting started.  Listings across the US are up one percent from a year ago which is not much of a gain, but it’s the first increase since 2015.  In 130 of the nation’s 500 largest metro areas, inventories are rising.  That’s up from 70 a year ago. Inventories will remain low a while longer, and prices figure to keep climbing.  […]

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