Recent Real Estate News - Wholesale Florida Properties

January 23, 2020

Wait, how many homes need to be built to fix this massive housing shortage?

Not one, but two decades worth of damage has been done Homebuilders have a lot catching up to do after 2019’s housing shortage. According to realtor.com, there will be home sales declines, not because of...

January 22, 2020

How Looking at a Local Tech Scene Can Help Maximize Multifamily Investment Returns

Technology firms are increasingly expanding in cities with cheaper cost of living. Over 80 percent of the U.S. population now lives in an urban area, and that number is expected to continue to rise over...

January 20, 2020

Owing a Home Now Cheaper Than Renting in 53% of Markets

Renting remains more affordable in most suburban and urban counties. Owning a median-priced, three-bedroom home is more affordable than renting a three-bedroom property in 455, or 53%, of the 855 U.S. counties, according to ATTOM...

January 17, 2020

It Could be a Busy Year for Affordable Housing Development

Many states have tried to offset the loss of federal funds by creating or renewing their own local housing trust funds or state housing tax credits to support new development. Despite the rising cost of...

January 15, 2020

Top 10 Most & Least Affordable Rental Markets in 2020

ATTOM Data Solutions’ 2020 Rental Affordability Report just released reveals the split between different-sized markets, with home ownership more affordable mainly in lightly populated counties and renting more affordable in more populous suburban or urban...

January 13, 2020

Investment Sales Prices Find Some Late Cycle Momentum

Appetite from all quarters for commercial real estate remains robust as 2020 kicks into gear. The $14.5-million sale of the Sand Cove Apartments in St. Pete Beach, Fla. last month isn’t a deal that would...

January 10, 2020

Lenders Enter 2020 Willing to Fund New Apartment Construction

Lower interest rates are helping offset rising labor and materials costs and helping sustain apartment construction levels. As fears of a possible recession and overbuilding in the multifamily sector diminish, lenders are showing they still...

January 9, 2020

Expect Yields on Multifamily Investments to Tighten Further

Low interest rates give cap rates more room to compress while also cheapening the cost of capital for multifamily borrowers. The combination of strong fundamentals, low interest rates and intense interest from investors should make...

January 7, 2020

Why are people staying in their houses for so long?

Busting the myth that is the rate lockdown thesis Housing professionals and economists repeatedly assert that American homeowners are staying in the same houses longer and provide a few theories as to why. One such...

January 3, 2020

FHFA: U.S. home prices climb 5% from last October

The West South Central and East South-Central divisions see strongest price growth Home prices increased in October, rising only 0.2% from the previous month but up 5% from 2018, according to the latest monthly House...