In the wake of the economic effects of the coronavirus pandemic, many households are struggling to make their rent payments, especially in Florida. The economic impact has been unevenly distributed across the country, based upon varying levels of infection and differing regulations on local businesses and economic activity. The Sunshine State ranked No. 2 for the…

Netflix wants to help end systemic racism in real estate. The streaming giant announced Monday it was donating $25 million to a national effort to combat housing discrimination. Their funds are going to Enterprise Community Partners, a nonprofit group that for over the past four decades has been building and financing affordable housing. Netflix has…

Homeowners are building wealth as property appreciation surges to its highest level since 2014. In the third quarter, the average homeowner had gained about $17,000 in equity year over year, according to CoreLogic’s latest Home Equity Report. Owners in Washington State saw the largest annual increase in home equity at $35,800, followed by California at $34,000.…

The 30-year fixed-rate mortgage rate averaged 2.71% this week, holding at the all-time low first set last week, Freddie Mac reported. The ultra-low mortgage rates are making homebuying more attractive and boosting sales activity to the highest level since 2006, economists said at the National Association of REALTORS®’ virtual Real Estate Forecast Summit on Thursday. While home…

Consumers crave digital connection from small businesses, including from real estate firms, a new study finds. The COVID-19 outbreak has sparked a greater reliance on digital and mobile tech to do jobs and complete transactions. Moxtra, a firm that offers digital solutions, recently surveyed 1,500 small business personnel and 1,500 small business customers across industries,…

Unfazed by the recession, wealthy Americans are looking to upsize their homes in the pandemic. Demand for million-dollar homes is climbing faster than any other price point, Bloomberg reports. Applications for mortgages larger than $766,000 increased 59% year over year in September, the largest uptick of all price segments, according to the Mortgage Bankers Association.…

More than 40% of company CEOs believe business conditions will recover to pre-pandemic levels in 2021, according to a new quarterly survey from the Business Roundtable. The CEOs of the nation’s largest companies—which employ some 15 million people—expect their firms to hire more employees and invest more over the next six months. The CEOs expect the…

The housing markets expected to be the strongest in 2021 are tech hubs with strong job creation, state capitals where home shoppers may get more square footage for their money, and smaller cities with greater affordability, according to a new analysis from realtor.com®. But none of these areas boast the cheapest home prices in the…

Best Ways to collect Rent: Collect rent online: One way to accept rental payments is online.Paypal and Venmo are other options for collecting rental payments. Venmo allows instant payment but requires you to be friends on social media. Pay Pal is a free service.  Collect Rent By Mail: You can choose to allow tenants to send…

Home sales are booming across Central Florida, but only a couple of markets are among the most affordable and stable in the state, according to a recent study.  Melbourne and The Villages rank among Florida’s top 10 healthiest housing markets, according to a report by New York-based finance tech firm SmartAsset. That means these communities offer…