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.

ARCHIVED BLOG POSTS

2016 

Florida residents you may be entitled to a significant savings on your property taxes. Florida residents that have a home as their permanent residence may establish their residence as a homestead. Floridians who homestead their residence receive a homestead exemption, which reduces the amount of ...
12/28/2016
As Chanukka is a transliteration from Hebrew, there's no correct way to spell it. That is you can begin the word with a "H" or a "Ch", the second consonant can be an "n" or "nn", the third consonant can be a "k" or a "kk", and the word either ends with "ah" or "a". This gives us sixteen possibili...
12/28/2016
Inflation as measured by the Christmas Price Index, based on purchasing all items in "The Twelve Days of Christmas," rose 0.7% in 2016 and now stands at $34,363. The most expensive item: seven swans-a-swimming at $13,125. Two turtle doves rose 29.3% and now cost $375. In a good sign for housing, ...
12/25/2016
Lake Nona's growth is not news to central FL. It has become one of the fastest growing areas in Orlando. With the airport and Medical city within minutes, Lake Nona is a prime spot for innovative growth. It will now become home to the USTA Florida Section. This is a big deal for sports and a bigg...
12/22/2016
Homebuyers face too few options in their search for homes in many markets, and they'll continue to face constrained supplies for at least four more years, writes Lawrence Yun, the chief economist for the National Association of Realtors®, in his latest column at Forbes.com.   Inventories remain s...
12/19/2016
Despite the rise in the Fed Funds rate late Wednesday, the stock market fell 0.8%, the dollar soared by almost 1% and the 10-yr treasury skyrocketed a tenth-of-a-point to 2.57%, its highest yield since 9/22/14. Why the big moves? The Fed anticipates three quarter-point rate hikes in 2017; the mar...
12/15/2016
As the Fed begins to raise interest rates, it affects all nations but especially emerging markets. Rising rates, and thus improved US returns, vacuum up money from developing nations, causing their currencies to decline. This forces those nations to consider raising interest rates to reduce infla...
12/14/2016
In Orlando, home values went up a little over 10% in 2016. Zillow is predicting continued growth for the upcoming 2017 year with an estimated 6% increase.  Interest rates are also expected to increase to 4.5% which may have a discouraging affect on first time homebuyers which tend to be primarily...
12/08/2016
One reason existing home sales and inventory have recovered so slowly is a decline in moving. The percentage of Americans that moved fell to an all-time low of 11.2% in 2016 from a peak of 42% in the early 1950s. Numerically, moving activity topped out in 1984 at 45 million and has steadily falle...
12/06/2016
Well, here we are; December 1st 2016. It is the first day of the last month of the year. Christmas is just a few weeks away. According to the City of Saint Cloud Press release dated November 28, 2016, there are a number of upcoming events for all ages with free admission and parking. As Saint Clo...
12/01/2016
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Paul Antonelli

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