Recent Real Estate News - Wholesale Florida Properties

April 25, 2022

Share of Mortgage Loans in Forbearance Decreases to 1.05% in March

The Mortgage Bankers Association’s (MBA) monthly Loan Monitoring Survey revealed that the total number of loans now in forbearance decreased by 13 basis points from 1.18% of servicers’ portfolio volume in the prior month to...

April 22, 2022

The Do’s and Don’ts of Fair Housing Advertising

Fair Housing Advertising is essential to business but here is how to avoid common mistakes that can lead to violations for your rental housing business. Advertising is an essential part of day-to-day business for the...

April 20, 2022

Top Amenities for Single-Family Rentals

What are residents really looking for in these properties? Over the past decade, the single-family rental sector has bloomed from a niche market driven by mom-and-pop entities to a full-blown sector. The pandemic turned it...

April 11, 2022

FHA unveils 40-year loan modification option

FHA’s COVID-19 loss mitigation options may soon include a 40-year loan modification option The Federal Housing Administration (FHA) is moving to expand its COVID-19 loss mitigation “waterfall” by introducing a 40-year loan modification option and...

April 7, 2022

Top 10 ZIPs Flipped in 2021

According to ATTOM’s just released Year-End 2021 U.S. Home Flipping Report, the number of single-family homes and condos flipped in the U.S. in 2021 was up 26 percent from 2020, to the highest point since...

April 4, 2022

Housing Market Update: Prices Reach New High as Few Americans Put Homes Up for Sale

Homes sell even faster as dwindling supply and rapidly rising mortgage rates fuel fierce competition. Housing prices jumped the most since summer—up 17% year over year to a new high—as a 7% drop in new...

March 31, 2022

BLACK KNIGHT’S FIRST LOOK AT FEBRUARY 2022 MORTGAGE DATA

February Uptick in Early-Stage Delinquencies Drives First Increase in Past- Due Mortgages in Nine Months; Foreclosure Starts Fall 24% Following January Spike Though past-due loans edged higher (+1.8%) in February, the national delinquency rate remains...

March 28, 2022

Home Prices Soar Faster to a New High in February

Record-low supply spurs unprecedented winter homebuying competition. The median home sale price rose 3.5% between January and February, the fastest month-over-month gain ever seen during the winter months. Prices were up 16% year over year...

March 24, 2022

Home sales fell far more than expected in February, as mortgage rates rose and supply remained tight

Existing home sales in February fell a much wider than expected 7.2% month to month. Sales of previously owned homes fell 7.2% month to month in February to a seasonally adjusted annualized rate of 6.02...

March 21, 2022

Generational Attitudes on Homeownership

Introduction Since the start of the pandemic two years ago, home prices have risen by 29 percent. With historically low levels of for-sale inventory available, prospective homebuyers are currently competing more fiercely than at any...