Recent Real Estate News - Wholesale Florida Properties

April 9, 2020

Coronavirus mortgage bailout: ‘There is going to be complete chaos,’ says industry CEO

The Cares Act mandates that all borrowers with government-backed mortgages be allowed to delay at least 90 days of monthly payments and possibly up to a year’s worth. A broad coalition of mortgage and finance...

April 8, 2020

Full Rent Payments Trend Downward for April

As COVID-19 disrupts life and work, on-time full rent payments have fallen by 5% from the first three days of last month. Using transactional data sourced from three top property management systems, multifamily lease insurance...

April 6, 2020

Black Death Makes Us Think About Interest Rates: Andy Mukherjee

Economic historians quibble over the exact consequences of the Black Death, though they agree that the sudden depopulation had a dis-inflationary impact. (Bloomberg Opinion) — All upheavals leave their marks. Some fade away, some linger....

April 3, 2020

Home Affordability Improves for Average U.S. Wage Earners to Best Level in Over Two Years

Home Ownership Consumes 31.1 Percent of Average Wage in First Quarter 2020; Home Prices Still Unaffordable in 66 Percent of Local Markets IRVINE, Calif. – March, 26, 2020 — ATTOM Data Solutions, curator of the...

April 1, 2020

Increased Demand for Warehouse Space and Labor Created by COVID-19 Could be a Long-Term Trend

More retail sales were already expected to move online over the past few years. The pandemic might accelerate that shift. As non-essential businesses are forced to close doors, some retail and e-commerce firms are ramping...

March 31, 2020

Multifamily Industry Responds to Coronavirus Pandemic

Read more about how owners and operators are protecting both residents and employees. The multifamily housing industry is mobilizing to help residents and employees as the novel coronavirus (COVID-19) outbreak continues to escalate nationwide. Property...

March 30, 2020

Rents continue to rise as apartment searches dwindle

Southern and Southwestern cities have seen rent hikes Rent has risen 3.2% compared to the same time last year, making national average rent $1,468 in February, according to a new report from RentCafe. This means...

March 27, 2020

FHFA to Offer Multifamily Owners Forbearance to Help Prevent Evictions

The eviction suspensions are in place for the entire duration of time that a property owner remains in forbearance. The Federal Housing Finance Agency (FHFA) announced that Fannie Mae and Freddie Mac will offer multifamily...

March 26, 2020

How Eliminating Breed Restrictions Can Increase Revenue

Screening platforms help evaluate pets based on their individual risk factors. As part of the apartment world’s concerted push to keep pace with the technological revolution, those in the industry have started to eliminate a...

March 25, 2020

How the coronavirus will impact U.S. home prices

Some are saying we may see a collapse in home prices – Does this theory hold up? In these unprecedented times, I find myself reflecting on Rod Serling’s Twilight Zone monologue on travel into an...