Recent Real Estate News - Wholesale Florida Properties

August 31, 2020

More pain ahead for landlords as restaurant bankruptcies poised to balloon in coming months

Industry analysts and restructuring experts say another wave of restaurant bankruptcies is looming, as government funds run out and the cooler months roll around, making outdoor dining less viable. Restaurants have so far limped along...

August 28, 2020

New home sales surged to highest level since 2006 in July, but builders could soon face headwinds

New home sales were up 36% compared to a year ago The numbers: Sales of new single-family homes increased markedly for the third month in a row, rising to their highest level since 2006. Sales...

August 26, 2020

Top 10 Residential Refinance Mortgage Lenders in Q2 2020

According to ATTOM Data Solutions’ just released Q2 2020 U.S. Residential Property Mortgage Origination Report, there were 1.69 million refinance mortgages secured by residential properties (1 to 4 units) in Q2 2020. The report revealed...

August 24, 2020

Home-builder confidence jumps to record high in August

The numbers: The construction industry’s outlook improved again in August after recent record lows, according to research from a trade group released Monday. The National Association of Home Builders’s monthly confidence index rose 6 points...

August 21, 2020

U.S. Properties with Foreclosure Filings Continue Downward Trend Amid Coronavirus Pandemic

IRVINE, Calif. – August 13, 2020 —ATTOM Data Solutions, licensor of the nation’s most comprehensive foreclosure data and parent company to RealtyTrac (www.realtytrac.com), a foreclosure listings portal, today released its July 2020 U.S. Foreclosure Market...

August 19, 2020

Mortgage refinancing will be more expensive as Fannie Mae and Freddie Mac raise fees

Mortgage giants Fannie Mae and Freddie Mac just announced that they are raising fees for lenders on all mortgage refinances. The change is designed to shield the two from the additional risk brought on by...

August 17, 2020

How to Manage Multifamily Assets When Residents No Longer Leave

With many Americans working and learning from home, multifamily properties are facing increased wear-and-tear, greater volumes of waste and recycling and demands for services. Life under COVID-19 means people are now at home most of...

August 14, 2020

Pandemic home remodeling is booming: Here’s what your neighbors are doing

Houzz, an online home remodeling platform, reported a 58% annual increase in project leads for home professionals in June. There is a lot of activity in Justin Sullivan’s backyard, as workers hammer out his new...

August 12, 2020

Mortgage rates fall to a record low for the eighth time this year, making buying a home more affordable for many Americans

While home buyers may have plenty of options for cheap financing, they won’t have much choice about what properties they can purchase As mortgage rates continue to decline to new record lows, prospective home buyers...

August 10, 2020

Pending home sales surge for the second consecutive month as the Realtors raise their forecast for 2020

Pending home sales continued to climb in June, rising 16.6% monthly since May, and rising 6.3% since June 2019, according to the National Association of Realtors. Pending home sales continued to climb in June, rising...