Posts Tagged ‘orlando property management’
Home prices weakened in June, but were still much higher than a year ago, says S&P Case-Shiller
Home prices in June were 18% higher than during the same month last year, according to the S&P CoreLogic Case-Shiller Indices. That’s a weaker pace than in May of this year, which showed an 19.9% annual gain. The 10-city composite rose 17.4%, down from 19.1% in the previous month. The 20-city composite was 18.6% higher…
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Housing Market Predictions 2022: When Will Prices Drop?
Low inventory, fervid competition and massive price gains have battered buyers since 2020, but now rapidly rising mortgage rates are making it even harder to purchase an affordable home. For many buyers, higher mortgage rates mean they can no longer afford homes in specific price ranges. The problem is that even modest single-family homes cost as much…
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Real Estate Pros See Rentals as Lead Generators
Experienced real estate pros are turning to rentals to help expand their businesses and provide an added revenue-generating opportunity, finds a new study from RentSpree, a software provider for tenant screening, renter management, and more. In 2020, real estate agents with three years or more of experience were three times more likely to complete a…
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Some Lenders Set to Resume Foreclosures in July
Pandemic-related moratoriums on foreclosures and evictions are set to expire June 30, and some lenders plan to start resuming foreclosures in July. About 2.1 million homeowners are still in mortgage forbearance, according to the Mortgage Bankers Association. As of April, about 1.8 million households who aren’t in forbearance were 90 days delinquent on their loan,…
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Orlando 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…
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What 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…
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Out-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.…
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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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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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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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