paul antonelli: All kinds of businesses are affected by this - 03/11/20 09:54 AM
         We know Disney is not immune, By now we’ve all heard the news that a third shift Cast Member of Disneyland Paris's maintenance team had contracted the Coronavirus. As of Yesterday, they reported that there are 23 confirmed cases of Coronavirus in the French department of Seine-et-Marne, where Disneyland Paris is located.  On Feb 29th Toyko Disney Resort closed with a tentative reopening scheduled for some time in April. Hong Kong Disneyland closed on January 26th. Shanghai Disneyland was the first park to close on January 25th, 2020, due to the Coronavirus outbreak.
Nothing yet on Disney World but … (2 comments)

paul antonelli: Air BnB Owners - Disney is not bringing in the guests - 10/08/19 03:14 AM
As if we needed further proof that the Star Wars franchise is one big mess with Disney, following the failure of the Galaxy's Edge theme park, the president of Disney Parks West was removed. Disney has gone so far as to remove Catherine Powell's position completely and that she is leaving the studio.  Star Wars Galaxy's Edge theme park in California suffers from low attendance and the new park that just opened in Orlando is failing as well. Fans simply aren't happy with Disney's approach to the Star Wars franchise, and it shows. Following the release of Solo and the Last … (4 comments)

paul antonelli: Finally, Florida Looks at Underground Power-Lines Move - 10/07/19 05:17 AM
State regulators moved forward Thursday with a new law aimed at building more underground power lines and making Florida’s electric system better able to withstand punishing hurricanes.
The Florida Public Service Commission approved proposed rules to carry out the law, which is expected to lead to residents and businesses paying more in their electric bills for storm-protection projects.
Deputy Public Counsel Charles Rehwinkel, whose office represents consumers in utility issues, described the rulemaking as the “most significant in a generation” because of issues such as potential costs over time that could total hundreds of millions or billions of dollars.
A key part of the … (7 comments)

paul antonelli: Who says the Real Estate Market is not EVER changing? - 09/22/19 07:38 AM
       We all know and have seen the name ZILLOW, synonymous with outdated property valuations. As much as some real estate professionals want, they have never seemed to just go away. Well now, the marketing geniuses at Zillow have unveiled a program for home sellers who want to build a new house. The company (Zillow) will buy their existing property and give them up to eight months to move out.  
     One of the advantages of the program, according to Zillow, is an extended closing period anywhere between seven days to eight months. That could prevent buyers from having … (8 comments)

paul antonelli: What Are They Thinking ? Zillow - 07/02/19 05:49 AM
        The latest update to Zillow’s Zestimate algorithm now uses photos to adjust valuation of your home based on condition and features. That’s right, Photos, not nearby past sales but photos. So, what does this mean for Zillow fans? If your a fan, make sure your shutters, porch and rooms are painted.
     This has to be the craziest thing I have heard yet on coming up with a real value for a house.
      Stan Humphries, Zillow’s chief analytics officer & chief economist, said in a post; “We’ve taught the Zestimate to discern quality … (3 comments)

paul antonelli: Retail home prices are falling in Orange & Osceola counties - 06/07/19 06:45 AM
New data shows for the first time since 2012 retail home prices are falling in metro Orange & Osceola counties in Florida.
 In a statement from Zillow; after seven years of month-over-month increases, the median price of a Central Florida home dropped recently according to our real estate data tracking. It shows the end of an incredible 86-month streak where the value of the median home shot up 94% to $239,200.
 It’s doubtful that home prices will drop to levels that we had in 06 to 09 but this market is so crazy that one doesn’t know.
 The average sale price of an existing … (1 comments)

paul antonelli: For the first time in 1.5 years - Mortgage rates are below 4% – - 06/01/19 08:40 AM
Mortgage buyer Freddie Mac said Thursday that the average rate on the 30-year, fixed-rate mortgage fell to 3.99%. It's hovering around 3.5 on a 15 year note which is also great news. 
Great news that will hopefully get buyers off the fence and put in a contract. 

paul antonelli: Did you pray for something or someone today - 04/21/19 08:47 AM
Happy Easter everyone.
Here is one prayer Im sure most of us have heard from being in this business. 

Prayer To Help Sell Your House Faster
     Saint Joseph is the patron saint of the “worker” and “protector”. Catholics worldwide pray to St Joseph when they are in financial need or they need assistance with a pressing need such as selling their homes.
      Most historians believe that around 1500 AD, a small group of nuns that had a pressing need to obtain land, turned to burying metals engraved with the St Joseph on them.  This ritual involved the burying, and then praying … (3 comments)

paul antonelli: One Alexa at home is great – two not so much - 04/15/19 05:27 AM
NEW YORK – April 12, 2019 – The Amazon Echo, Dot and other Alexa-enabled devices don't often play well together in the same house – particularly if they're within earshot of each other. That wasn't a problem because most of us had only one smart speaker – if we had any at all.
But that's changing fast. Amazon says the number of households with more than one smart assistant-enabled device doubled last year. That lends credence to an independent survey taken late last year declaring that nearly 1 in 4 US households had a voice-enabled device inside – and about 40 percent … (3 comments)

paul antonelli: How does dark color affect a room - 03/20/19 03:58 AM
Painting a room can be one of the most budget-friendly ways to makeover a space or prepare a home for sale, but some commonly held myths may prevent some homeowners from finding the truly perfect hue that enhances their space. spoke with painting experts to address some of these common myths about painting a home. Some of those include:
Dark paint colors make a room look small

It’s just the opposite in many cases, says Ashley Blackmore, a real estate professional with Berkshire Hathaway HomeServices Western Colorado Properties. “If you use a dark color for an accent wall, it can … (3 comments)

paul antonelli: Zillow Phase 2 Central Florida - 01/21/19 08:04 AM
In 2019, home sellers in Miami, Minneapolis-St. Paul, Nashville, Orlando and Portland will be able to use Zillow Offers to request a no-obligation cash offer from Zillow to buy their home. Zillow will be launching Zillow Offers in each of these five markets throughout the year, and expects all five to be active by the fall.
Zillow Offers is a service for consumers to remove the hassle and uncertainty of selling a house. With Zillow Offers, Zillow directly buys a seller’s house, prepares it for showings and then quickly lists it for sale—so they don’t have to, and all on the consumer’s timeline. Agents from local brokerages will represent Zillow … (3 comments)

paul antonelli: 5G & Ai will be an Economic Game Changer in 2019 - 01/21/19 06:32 AM
CES® Is the Global Stage for Innovation and is the world's gathering place for all those who thrive on the business of consumer technologies. It has served as the proving ground for innovators and breakthrough technologies for 50 years — the global stage where next-generation innovations are introduced to the marketplace.
Owned and produced by the Consumer Technology Association (CTA), it attracts the world's business leaders and pioneering thinkers.
Amazon Alexa will have a good amount of integrations this year like working with many home security systems. Many camera angles and set ups, thermostat connections, door bell, lights etc etc. Since Amazon purchased Ring, it's no … (0 comments)

paul antonelli: CES 2019 lets us know, The Future Is Here - 01/14/19 10:09 AM
     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 security systems. Many camera angles and set ups, thermostat connections, door bell, lights etc etc. Since Amazon purchased Ring, it's no surprise that the company added Alexa voice controls to all its newly launched sensors for its Z-wave security system. There's the Smoke & CO Listener ($35), Flood … (4 comments)

paul antonelli: How does the Gov. Shutdown affect your buyers - 01/08/19 05:20 AM
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) are popular lending sources that are difficult to obtain right now.
A study by WalletHub ranks Florida as the 14th state affected most by the shutdown. The study is based on five factors, including the share of federal jobs, federal contract dollars per capita, percent of families receiving SNAP, or food stamps, access to national parks and real estate as … (0 comments)

paul antonelli: How the Real Estate Biz is Affected by the Shutdown - 12/23/18 08:24 AM
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 policy owned by the seller under certain conditions. For this to work, the seller must have coverage and be willing to transfer it. Check GR 15 in a PDF doc posted online at FEMA’s website for more information. Secondary lenders that purchase mortgages, such as Fannie Mae and Freddie Mac, often issue guidelines on how to handle a flood insurance … (2 comments)

paul antonelli: More homes sell for less than asking price - 12/14/18 04:10 AM
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 less than asking price, six out of 10 are in the South, with Miami at No. 1, followed by New Orleans and Chicago.
As home values rise more slowly, Knock predicts that the trend of lower sale prices will continue into 2019, when 77 percent of on-the-market listings will sell for less than asking … (2 comments)

paul antonelli: Baby boomers aren’t moving - 12/12/18 07:00 AM
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 boomers had reached 70, the number of homeowners ages 65 to 74 had swollen to 13.6 million. By 2026, when the youngest boomers will be 62 and the oldest 80, the number of owner-occupants ages 65 to 74 is projected to jump again to about $16.4 million.
America is aging. As people age, they … (3 comments)

paul antonelli: New-Home Sales Nosedive in October - 12/04/18 05:06 AM
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 in October new-home sales was an unpleasant surprise for a market that was expecting at least a modest rebound from an ugly September,” said Aaron Terrazas, senior economist at Zillow, in a statement. “As it turns out, September wasn’t as ugly as initially reported with the benefit of backward revisions, and October was much weaker.
“As we close in … (0 comments)

paul antonelli: Getting tougher to buy a brand-new home - 11/27/18 05:30 AM
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 surprise given the drop in our builder confidence index," says Randy Noel, chairman of the National Association of Home Builders. "Builders are showing caution as mounting housing affordability concerns are forcing some consumers to delay making a home purchase."
Rising mortgage rates and home prices continue to outstrip disposable income, UBS analysts wrote in a recent note. "Housing affordability … (4 comments)

paul antonelli: 2019 - 2020; Batten down the hatches - 11/20/18 06:06 AM
 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-steady expansion, U.S. economic growth finally topped 3 percent in 2018, and national unemployment has fallen to its lowest level in decades. In Palm Beach County, the unemployment rate plunged to 3.1 percent in September, an all-time low.
Michael Neal, chief executive of Kast Construction of West Palm Beach, said his company's revenue … (3 comments)

Paul Antonelli, Broker Owner; Antonelli Realty (Antonelli Realty)

Paul Antonelli

Broker Owner; Antonelli Realty

Saint Cloud, FL

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Antonelli Realty


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