Real Estate News

“In fact, right now, interest rates and home prices are both rising and are expected to continue to do so for the foreseeable future. It turns out the relationship between interest rates and home prices is complicated.” writes Black Knight …

“Jacksonville’s housing market is expected to be the second hottest in the country, coming in just behind Tampa, according to analysts at Zillow” writes Brianna Andrews for News4Jax. Read the full article HERE

“Right now, there’s only about a month’s supply, meaning every house on the market is essentially gone in a month.” writes Dani Bozzini for Action News Jax. Read the full article HERE

“The damage caused by COVID-19 has not discourage more interest in real estate investments.” writes the staff of WMRE in a recently published article. Read the full article HERE!

“Liberty Media Chairman John Malone said hard assets look attractive as the unprecedented coronavirus stimulus is poised to lead to a depreciation in currencies.” writes Yun Li for CNBC. Read the full article on CNBC: https://www.cnbc.com/2020/11/19/john-malone-says-hes-buying-hard-assets-like-housing-in-bet-on-currency-devaluation.html

“Warren Buffett says along with equities, single-family homes are a very attractive investment right now.” writes Alex Crippen of CNBC. Read the full article here: https://www.cnbc.com/id/46538421

An article by Bloomberg writes “JPMorgan Chase & Co.’s asset-management arm is seeking $700 million for a residential-development fund focused on U.S. Sun Belt states as the pandemic accelerates migration to the region.” Read the full article here: https://www.nreionline.com/investment/jpmorgan-targets-700-million-residential-development-fund?NL=NREI-21&Issue=NREI-21_20201002_NREI-21_973&sfvc4enews=42&cl=article_3_b&utm_rid=CPG09000055861192&utm_campaign=29313&utm_medium=email&elq2=109be0709b39499ca353ab4d3f87c60d&oly_enc_id=3103B3476878E4X

“It’s good news for buyers who are in the market,” says realtor.com®’s chief economist, Danielle Hale. “It’s going to make monthly payments lower than they otherwise would be. Buyers need that right now, because prices are rising.” Read the full story …

“It’s still too early to tell what the long-term ramifications from the pandemic are going to be but one thing is for certain- it’s speeding up trends in the real estate market. I think we could look back at the …

“Who loves the sun? More Americans than ever, according to U-Haul.” writes Rob Wile of the Miami Herald. Read the full story below: https://www.miamiherald.com/news/business/article239117468.html

“Multifamily will be hammered by the extreme job losses, while sing-family homes are showing few cracks in its fundementals, according to Green Street Advisors” writes Erika Morphy in a recent article features on GlobeSt.com. It might be to perfect time …

“In my extensive experience, single-family rental homes have proven an excellent strategy. Monthly rent receivables can create positive cash flow, putting money in investors’ pockets now and helping build wealth by paying down principal.” writes Bruce McNeilage of Forbes. Read …

“Do you ever wonder why there are always new homes being built in Jacksonville? The answer is….because people keep moving here!” writes Carianne Luter for WJXT. Read the full story here: https://www.news4jax.com/features/2020/02/18/jacksonville-4-most-popular-city-moved-to-in-2019/

“Many Americans, already struggling to find a home they can afford to buy, are increasingly at paints to find a place they can afford to rent. Tightening the squeeze: An influx of middle-class renters that is pushing up prices in …

“U.S. housing prices are rising nicely, stock is in short supply, the homeownership rate is rising – looks good as an investment.” writes Tim Worstall in an article for Seeking Alpha. See the full story below: https://seekingalpha.com/article/4321409-u-s-housing-good-investment?utm_medium=referral&utm_source=apple.news

“The Jacksonville Housing Authority unanimously voted in an emergency meeting Wednesday to fire CEO Fred McKinnies after an investigation substantiated several allegations of misconduct.” writes Will Robinson of the Jacksonville Business Journal. Read the full story on their website here: …

“Griffin Capital president Randy Anderson discusses why he thinks real estate is a good investment right now. “ Click Here to Watch the Full Story

Come visit our table Saturday Aug 10 2019!

“Analysts with Veterans United compared the 100 biggest cities in the U.S. among four categories: economic wellness, employment, veteran quality of life and availability of VA benefits. Then they compared the strength of those categories in each city and gave each city …

Have an inherited home? Looking to sell it? How about what happens to the taxes when you do sell? Make sure you and your clients are informed about the tax ramifications of selling a home in your state. Llyce Glink …

“Owning property has advantages and disadvantages – and certainly many of the issues are tax related. There are three important residential real estate taxation changes that last year’s tax reform impact. They include: mortgage interest deductions, property tax deductions, and …

“Vintage homes, trendy coffee shops, eccentric restaurants and hip breweries have made Jacksonville’s 32204 ZIP Code — Riverside, Five Points and Brooklyn — a haven for millennials, young people between 18 and 38 years of age.” writes Matthew Farina of …