by monroefund | Nov 23, 2020 | Blog, hard money lenders Palm Beach, Orlando hard money lending
The real estate market in Central Florida typically cools down in the fall and into the holidays, but the signs are pointing to a red hot housing market as the year begins to wind down. Buyers are searching for improved work-from-home and virtual learning setups with...
by monroefund | Oct 27, 2020 | Blog, hard money lenders Palm Beach, hard money loans Miami
While the pandemic hasn’t exactly done the economy many favors, South Florida’s home sales are seemingly remaining unaffected. Broward’s overall sales for single-family homes as well as condos increased more than 14 percent between September 2019 and...
by monroefund | Sep 29, 2020 | Blog, hard money lenders Palm Beach, hard money loans Miami, Orlando hard money lending
Sales of residential homes in South Florida are showing positive gains, surpassing last year’s closings for the first time since the pandemic began, according to a Miami Herald article. Per data from the Miami Association of Realtors in August, overall home sales in...
by monroefund | Jun 30, 2020 | Blog, hard money lenders Palm Beach, Orlando hard money lending
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...
by monroefund | Jun 12, 2020 | Blog, Broward County hard money lending, hard money lenders Palm Beach, hard money loans Miami
South Florida has seen a wave of people from the northeast in recent years, allured by Florida’s low property taxes and no income tax. Sales of upscale homes and condominiums in all three counties had seen considerable upticks by December 2019. Furthermore, demand has...
by monroefund | May 5, 2020 | Blog, hard money lenders Palm Beach, hard money loans Miami, Orlando hard money lending
As in all other asset classes, real estate passes through market cycles. When the market is in great shape, property prices see growth, and the opportunity to secure a loan is usually made easier. AS you would expect, the reverse happens in poor conditions. When the...
