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.
RECENT BLOG POSTS
     There were many great items that unveiled at CES this year. The CES or as many know it as the Consumer Electronics Show opened in Vegas last week with a bounty of futuristic goodies for everyone. Amazon Alexa will have a good amount of integrations this year like working with many home secur...
01/14/2019
    Sears and Kmart will soon join the graveyard of deceased American retailers!!! They could not come to terms to save themselves in bankruptcy. Without that deal they will continue liquidation now of all its stores. Once known for its iconic catalogs, appliances and department-store variety, Se...
01/08/2019
As the partial government shutdown stretches through another week, Florida home buyers using government-backed loans may have a hard time closing on their houses as federal agencies operate in a limited capacity.U.S. Department of Agriculture (USDA) and Federal Housing Administration loans (FHA) ...
01/08/2019
Real estate-related government programs affected by the shutdown Flood insurance A National Flood Insurance Program (NFIP) lapse makes it difficult to close on homes in flood zones if a buyer requires a mortgage because many lenders require NFIP coverage. Buyers may sometimes “assume” the current...
12/23/2018
MIAMI – Dec. 13, 2018 – According to the National Knock Deals Forecast, uses data for both predictive and historical analyses from ATTOM Data Solutions, the percent of home sellers who eventually sold for less-than-asking price in 2018 was about 2 in 3 (62 percent).Of those homes that sold for le...
12/14/2018
NEW YORK – Dec. 11, 2018 – Baby boomers, the massive generation born between 1946 and 1964, inhabit 46 million owner-occupied homes worth an estimated $13.5 trillion.In 2006, when the oldest boomers were only 60, the 65-to-74 age group contained 9.3 million homeowners. By 2016, when the oldest bo...
12/12/2018
At an estimated 544,000, new-home sales nosedived in October, down 8.9 percent from September and 12 percent from the prior year, according to the Commerce Department. There were 336,000 for-sale homes in October, representing 7.4-months’ supply, with a median price of $309,700.“The steep decline...
12/04/2018
NEW YORK – Nov. 26, 2018 – Housing affordability concerns are sparking a slowdown in new-home construction. Single-family housing starts fell 1.8 percent in October compared to the previous month, the U.S. Commerce Department reported Tuesday."This month's decrease in single-family starts isn't a...
11/27/2018
 The economy is firing on all cylinders now, but executives and economists expect a slowdown in 2019 and 2020.The big question: When will the next recession hit? Many economists see a cooling but no contraction on the horizon, while a few predict a recession in 2020.After a decade of slow-but-ste...
11/20/2018
NEW YORK – Oct. 31, 2018 – Issues related to drone usage, image copyrights and mold have increased the risk of litigation for HOAs, according to national insurer USI Insurance Services.DronesSome residents have sued condo boards that used drones to snap photos of buildings because they also took ...
11/01/2018
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Paul Antonelli

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