Recent Real Estate News - Wholesale Florida Properties

January 20, 2022

Addressing the Demand for Residential Coworking

Why installing coworking spaces in multifamily properties is increasingly a wise investment decision. In the pre-pandemic world, multifamily property owners were strongly focused on creating amenities that would appeal to prospective residents’ desire to socialize...

January 17, 2022

Mortgage rates hit 9-month high, and loan demand drops further

The average rate on the 30-year fixed mortgage hit 3.33% last week and is now about half a percentage point higher than a year ago. The economic damage from the omicron variant of the coronavirus...

January 13, 2022

Nearly Half of House Hunters Would Feel More Urgency to Buy If Mortgage Rates Passed 3.5%: Survey

Rising rates will likely drive up housing-market competition in the short term. Almost half (47%) of house hunters say they would feel more urgency to buy a home if mortgage rates rose above 3.5%. A...

January 10, 2022

Need More Kitchen Storage? A Hanging Pot Rack Could Be the Key

If you hate digging around crammed kitchen cupboards to find the right pot or pan come dinnertime, a hanging pot rack could change your life. Really. Hanging pot racks are a major space-saver in a...

January 6, 2022

Top 10 U.S. Counties More Affordable Than Their Historic Averages

ATTOM’s just released Q4 2021 U.S. Home Affordability Report shows the latest pattern in home affordability – home prices still manageable, but getting less affordable – has resulted in major ownership costs on the typical...

January 3, 2022

Data Shows Movers in 2021 Wanted Warm, Affordable Locations

Florida continued to be a top destination for movers in 2021, as people sought warm weather, beaches and abundant rental properties. Those are key takeaways from the latest Magnet States Report, which analyzes moves by...

December 30, 2021

Sales of newly built homes tank as affordability hits buyers

November new home sales were down 14% from a year ago. At some point the price is just too high. That may be increasingly the case for potential buyers of newly built single-family homes. Sales...

December 27, 2021

Home flipping is getting more competitive – and less profitable

Fast-growing prices in the housing market, as well as low interest rates, are enticing more investors to buy homes, renovate them quickly and sell them for a profit. Fast-growing prices in the housing market, as...

December 23, 2021

Rent Growth Continues to Slow, but Demand Remains Strong

Rent growth has continued to slowly decline, but demand remains strong and vacancy rates have stayed low, Yardi Matrix says in their November national report. The report expects conditions to continue to be favorable, especially...

December 20, 2021

The Ultimate Seller’s Market: 10 Housing Records Set in 2021

2021’s housing market has been, in a word, remarkable. The coronavirus pandemic and the resulting surge in remote work have changed where, when, why and how people buy homes. This past year, home-sale prices hit...