According to a recent Miami Herald article, South Florida’s housing market is seeing some positive momentum after some shakiness. Per a recent report, Broward and Miami-Dade saw increases of just over 80% to 100.8% growth year over year when it came to sales of both condominiums and single family residences. Recently signed single-family homes contracts...Read More
There are typically two simple yet distinct options to pick from when an investment property is involved: rent or sell. Should you choose to sell, it is usually considered a solution for the short term, whereas renting is a tactic for long-term investors. Both options have advantages and disadvantages and one could be a wiser...Read More
Part of achieving success as a real estate investor is having a clear-cut list of criteria as you explore the market. While there is certainly a lot more involved in the process, a few essential, well-defined criteria provide a solid foundation to potentially maximize profit and deal with changes. It starts by identifying the type...Read More
While Miami-Dade and Broward County both saw drops in year-over-year residential transactions last month, there is still some good news report regarding Florida’s real estate market. The state’s pending sales saw a year-over-year uptick, an indicator that activity has seen increases since the month of April. Pending sales for Miami-Dade and Broward saw boosts year-over-year....Read More
If money is required quickly for a much shorter period than a traditional loan, a hard money loan is a viable alternative. Borrowers also prefer a hard money loan, as we have mentioned in the past, when they wish to buy a property for “patch and sell” purposes. Some of the factors surrounding the loan...Read More
When you’re just starting with the world of hard money lending, you might wonder if an upturn in federal interest rates would impact the rates for a hard money loan. To put it clearly, supply and demand influence hard money loan rates as opposed to federal rates.When it comes to hard money loans, supply and...Read More
Last time we shared how Tampa residential real estate is seeing positive results. Earlier this month, South Florida Business Journal published a story also painting another well-known Florida city in a positive light: Miami. Indeed, the “Magic City” earned a spot among the top ten of cities with the highest residential real estate in the...Read More
Some great news has recently emerged for “The Big Guava” of the United States, better known as Tampa, Florida. According to a recent report, the city is within the top thirty of metropolises with the most valuable property. Furthermore, it’s earned second place as the city with the highest valued real estate in the state...Read More
After a not so hot April that saw a significant drop in year-over-year sales of single family homes and condo townhomes, Florida appears poised for a major comeback. For the 100th straight month, the median sales price across the state saw increases for single-family homes as well as condo-townhouse properties year-over-year: six percent to $275,000...Read More
Foreclosure House Tablet Showing Repossession And Sale By Lender Based on a recent 2020 Vacant Property and Zombie Foreclosure Report, over a million residential properties across the country are currently vacant, comprising just over one percent of all homes in the United States. During the second quarter of the year, more than 258,000 were in...Read More
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