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Single-Family Home Rent Sees Largest Year-over-Year Increase in 15 Years
According to CoreLogic, the highly respected California-based corporation which provides financial, property, and consumer information analytics, the US rental market is soaring. Single family rentals increased an incredible 5.3% year-over-year in April (the latest figures available). The rent growth of detached...
Tight Housing Market Leaving Mortgage Buyers Out in the Cold
Due to a sizzling real estate market driven by low supply and strong demand, prospective homebuyers who want to pay cash (not needing a mortgage) and those who are able to put down a hefty down payment are squeezing the buyers who need a mortgage with little money down out of the market.
Remember, sellers are more comfort...
Villa Mar is located in the desirable beach town of Bonita Springs. The community is just a five-minute drive to the Gulf of Mexico, and five miles to Barefoot Beach. Also, just a short distance away are public parks, shopping and dining, top rated medical facilities, cultural attractions, and top-rated golf courses. Downtown Naples is just a 30-minute drive
This gated community of 15 acres wil...
Will Covid Vaccines be Required to Use Development Amenities?
According to FloridaRealtors.org, some homeowner’s associations (HOAs) in the Sunshine State are discussing whether to disallow unvaccinated residents and their visitors from partaking of the community’s amenities. In the near term, it is possible that proof of a Covid vaccination ill be required to enjoy m...
Mortgage Rates are Down but Inflation is Beginning to Roar – So What’s Going On?
As I’m writing this article, analysts are fretting over the latest inflation reports. But paradoxically, mortgage rates continue to decline, tempting prospective homebuyers to enter the market.
The 30-year fixed-mortgage rate was 2.94% for the week ending May 13, a drop of two basis p...
Inflation and its Effect on Real Estate
While inflation causes the prices of goods to go up, your salary usually doesn’t. Therefore inflation, in effect, makes each of us poorer. After all, if you must pay more for essential goods and services, you’ll have less money for leisure, savings and investments, including savings for retirement.
However, your real estate invest...