Paul Antonelli's (paulantonelli) Blog

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Real Estate Broker/Owner - Antonelli Realty - 3137972
What's happening in Central Florida and Florida in general. Home selling news, home buying news, things to watch out for. Just an all around review of the weeks latest news that you may have missed. If you enjoyed reading the post please give it a LIKE, every little bit helps. Thank You.

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2016 

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Five states currently allow for recreational marijuana; 20 more states permit medical use only. This election, voters in Arizona, California, Maine, Massachusetts and Nevada, states with a combined population of almost 60 million, will vote to allow recreational use, while voters in four states, ...
10/31/2016
New home sales rose 3.1% in September WASHINGTON (AP) – Oct. 26, 2016 – More Americans bought new homes in September, a sign that demand remains strong despite a shortage of properties on the market.Recent hiring gains coupled with low interest rates have bolstered the market for new homes. But b...
10/27/2016
WOW!! This well maintained South facing 7 bed, 4 bath estate home sits on an oversized conservation lot in DAHLIA RESERVE AT CRESCENT LAKES community. This fully furnished recently remodeled home has many custom touches like hard wood floors, tiling, real wood stairs, huge walk in pantry, updated...
10/26/2016
Student loan debt and high rental prices continue to sideline potential homebuyers. More than half – 53 percent – with student loan debt say the debt is "somewhat" or "very much" an obstacle to them in buying a home, up from 49 percent in 2014, according to the fourth annual housing survey from N...
10/25/2016
The share of US workers in unions in 2015 was 11.1%, unchanged from 2014. The private sector rate inched up from 6.6% in 2014 to 6.7% in 2015 as unions added 195,000 members. The public sector unionization rate declined from 35.7% in 2014 to 35.2% last year despite the addition of 23,000 more uni...
10/24/2016
A new report from Black Knight Financial Services shows that the housing market is healthier than it’s been since the crisis began. This could be one factor why the FED is thinking about raising rates in December.According to new data released Tuesday morning by Black Knight, the rate of loans in...
10/24/2016
Single-family rental returns dropped to the lowest level in nine years for homes purchased so far in 2016 among the 473 counties analyzed in the Q3 2016 Single Family Rental Market Report from ATTOM Data Solutions, a source for housing data and the parent company of RealtyTrac.The average annual ...
10/23/2016
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Include all forms of gambling, in 2015 the total spent in the US was $104.1 billion, of which $20 billion was generated from state lotteries. As for casinos, $38.3 billion was wagered in commercial casinos and $29.3 billion in Indian casinos. Amazingly, Rhode Island depends most heavily on gambli...
10/22/2016
Earlier this year, Bank of America, in partnership with Freddie Mac and Self-Help Ventures Fund, began offering mortgages that only required consumers to put down 3% and did not require the consumers to obtain mortgage insurance either. Bank of America said Thursday that the "Affordable Loan Sol...
10/20/2016
Despite starts declining for a second straight month, yesterday's housing numbers were pretty good. Year-to-date starts are up 3.7%, with single-family starts up a solid 8.6% and at their best level since 2/16. While multifamily starts fell a staggering 38% in September, they are down just 5.6% y...
10/20/2016
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Paul Antonelli

Broker Owner; Antonelli Realty
local_phone(321) 443-4028
smartphone(321) 443-4028
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