Eviction Moratorium Still in Effect

The Centers for Disease Control announced it is extending by an additional three months—through June 30—its nationwide eviction moratorium, a measure that has come under increased scrutiny recently. The moratorium prohibits housing providers from evicting tenants who are unable to pay their rent due to financial hardship from the COVID-19 pandemic. The moratorium, however, has been blamed…

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Lake Nona

Is Real Estate Investing In Lake Nona Favorable?

First of all Lake Nona is one of the absolute best places to live in The state of Florida. Therefore, many families favor living there instead of other places, as a result It will provide a large number of tenants (shorter vacancies).In addition, becoming a homeowner in Lake Nona Has never been more favorable due…

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housing market

Hot Housing Market Hasn’t Produced Home Flipping Boom

Quick home flips may be more challenging to accomplish in a heated housing market. The number of homes flipped by investors decreased in 2020 for the first time since 2014 as profit margins slipped, according to a new report from ATTOM Data Solutions, a real estate data firm. ATTOM defines a home flip as a…

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Buyers Rush to Lock in Low Interest Rates

The spring homebuying market is typically marked by higher sales and a greater number of house hunters, but many real estate professionals feel a spring-like market has been in full swing since the pandemic began a year ago. “There will be no spring homebuying season in 2021, as we’ve been in it the entire time,”…

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Orlando home value appreciation trails rest of the nation

A new study shows Orlando home prices are appreciating slower than the national average — but that’s not necessarily bad.  Home prices in the Orlando metro climbed 7.3% year over year in the fourth quarter, according to a Feb. 23 report from the Federal Housing Finance Agency. That’s slower than the national average of 10.8%, and…

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Forbearance

Homeowners Are Now Eligible for Up to 18 Months of Forbearance

Homeowners struggling financially during the COVID-19 pandemic have received another extension for their mortgage payments. The Federal Housing Finance Agency announced Thursday it is providing an additional three months of forbearance to borrowers with loans backed by Fannie Mae and Freddie Mac, bringing forbearance up to 18 months total. To qualify, borrowers must be enrolled…

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Buyers Snatch Up New Listings as Quickly as They’re Available

Home sales could easily be 20% higher if more homes were for sale, says Lawrence Yun, chief economist of the National Association of REALTORS®. Existing-home sales—completed transactions for single-family homes, townhomes, condos, and co-ops—rose 0.6% in January compared to December 2020 and are up nearly 24% over a year ago, the National Association of REALTORS®…

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