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Demand for Million-Dollar Homes Soars
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.…
Read MoreBusiness Returning to Pre-Pandemic Levels
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…
Read MoreReal Estate Is Expected to Shine in 2021
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…
Read MoreBest ways to collect rent from tenants
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…
Read MoreCentral FLorida’s Healthiest housing Markets
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…
Read MoreBenefits Of A Property Management Company
The single greatest benefit investors are made privy to by working with property management companies is time. By enlisting the services of a good property management company, investors won’t be forced to manage the property themselves; they’ll be free to take on other responsibilities. For most investors, the added time will help them find and…
Read MoreInvestors Vie for Build-to-Rent Single-Family Homes
Occupancy levels are at a 30-year high,” Don Walker, managing principal and chief financial officer for John Burns Real Estate Consulting, told the National Real Estate Investor. Rental single-family homes in the suburbs are particularly appealing to younger generations. As remote work grows, more households are less tied to a city commute and are looking…
Read MoreWhat Does A Property Manager Do?
The cost of property management is a valid argument, especially when you consider detracting from your bottom line, but I can assure you it’s doing anything but. Yes, a property management company will indeed cost additional money to hire, but I like to think of it as an investment, as opposed to a cost. You…
Read MoreWhat Real Estate Has to Be Grateful For in 2020
In Orlando For Instance we have: 1. Booming home sales; Homebuying activity is at its highest level since 2006. Defying high unemployment and an economic recession, the housing market has surged during the COVID-19 pandemic. 2. Record low mortgage rates; Home buyers are locking in some of the lowest mortgage rates ever in history. 3.…
Read MoreWhy You Need a Property Management Company
WE at Bull Property Management Will Help YOU If: 1)You Can’t Do It All Yourself; We will do it for You 2)Your Properties are Far Away; IF in orldando we will take care of them 3)Housing Laws and Regulations Keep Changing; we are always up to date 4)You Have a Large Number of Properties; we…
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