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Orlando hard money lending
We have made a few changes online to reflect better how we plan to serve our customers in the future. We want our customers to feel informed and comfortable making decisions about their money and loan options, and what better way to do that than with a website that reflects our philosophy and is easy...
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According to information from Realtor.com, it’s now less expensive to buy than it is to rent in several cities. Per the study, in 15 of the 50 largest metros in the United States, owning a house is equivalent to or more low-cost than renting as long as mortgage rates stay stable. Nine other markets came within...
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Recent federal legislation places an end to secret shell corporations that are frequently used when high-end real estate is bought. Limited Liability Corporations (LLCs) were mostly used before this year to fund real estate purchases and encourage owners to block their identities from the media and potentially even law enforcement. Domestic and international LLCs doing...
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Based on data from Florida Realtors, South Florida home sales and prices were on the upswing, seeing double-digit growth in November as the area benefited from people growth and reduced interest rates. As the area attracted affluent people from high-tax states, the luxury market was particularly strong. When compared to November of last year, single-family...
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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 greater space inside as well as out, whether local...
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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 Miami-Dade and Broward County increased more than six percent from August of last year...
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Buildings near bridge and body of water Despite the pandemic, the housing market in Florida maintained its optimistic momentum last month, with stronger sales, greater pending sales, elevated median prices, and additional fresh listings versus 2019. Sales of new single-family homes saw an increase of just over eleven percent compared to July of last year,...
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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....
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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...
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If you’ve been trying to buy Florida property, you may think it’s your chance now. Although COVID-19 has caused tremendous disruption to businesses and employment, it has generated opportunities as well. Housing demand is down, which may make you think prices have gone down.This is not the case in Florida though. Florida builders are careful....
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