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Florida REALTORS® Files Suit Against CDC
The Centers for Disease Control and Prevention is facing another challenge to its federal eviction moratorium, which has prevented evictions of renters during the COVID-19 pandemic. Florida REALTORS® filed a lawsuit this week in the U.S. District Court in Tampa that alleges the moratorium is “an unprecedented and unlawful federal administrative order” that oversteps the…
Read MoreOrlando homes sell at fastest rate in 15 years
Orlando buyers have to act fast to score a home. The average Central Florida home in April sold in 42 days, the shortest period in any month since 2005, according to the Orlando Regional Realtor Association. The average number of days on market dropped from 48 days in March. Selling in minutes Even though 42…
Read MoreWhat Is Property Management?
Property management is the practice by which a third party is responsible for maintaining a residence’s status quo and appeasing its occupants. Therefore, property managers are traditionally hired by rental property owners to oversee the daily operations of their real estate assets and deal with any questions or concerns the tenants may have. If the…
Read MoreSummer Vacation Rentals Are Already Skyrocketing
As vaccination rates rise, many states are loosening restrictions on travelers, prompting some Americans to look for homes to book for this summer. Short-term vacation rentals are seeing a surge in demand and their owners are prepared for a lively summer. “This is probably contradictory to what a lot of people may think, but it’s…
Read MoreForeign Investors Compete for U.S. Suburban Homes
Foreign investment firms are reportedly making a big play for single-family homes in American suburbs. These overseas investment firms traditionally have targeted office buildings, hotels, and shopping centers internationally. But they are seeing promise in buying or building rental homes—by the thousands—throughout the U.S., The Wall Street Journal reports. They’re targeted suburban neighborhood homes near…
Read MoreWhat To Do when a tenant stops paying Rent
A Tenant refusing to pay or frequently pays late is considered one of the major issues landlords face. Moreover, it is not just the presence of the issue that’s disturbing yet how costly it is in terms of money and time and for a real estate investor or homeowner time is of the essence. So…
Read MoreOut-of-state buyers seek move-in ready Orlando homes
Recent clients of Orlando real estate agent Kim Arena knew they wanted out of California, and they decided at the airport their destination would be Central Florida. The couple originally planned to fly to Tennessee and search for homes in Memphis. However, they researched the city while at the airport and decided they wanted to look elsewhere.…
Read MoreEviction 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…
Read MoreIs 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…
Read MoreHot 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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