“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 lands No. 2 on Zillow’s hottest housing markets” – Brianna Andrews of News4Jax
“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
“Priced out of Jax: Investors buying up homes quick in ‘historic’ housing market” – By Dani Bozzini, Action News Jax
“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
Strategies to Find the Perfect New Family Home When Your Child Has ASD – By Jenny Wise
According to a recent report from the CDC, an estimated 1 in 54 U.S. children have received an autism spectrum disorder (ASD) diagnosis. While specific symptoms — and the severity of those symptoms — vary from child to child, one …
“Institutional Investors Plan to Increase Their CRE Allocations in 2021” – Wealth Management.com
“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!
“John Malone Says he’s buying hard assets like housing in bet on currency devaluation.” – Yun Li of CNBC
“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 on CNBC: I’d Buy Up ‘A Couple Hundred Thousand’ Single-Family Homes If I Could” – Alex Crippen CNBC
“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
5 Kitchen Remodeling Trends That Will Increase Your Property Value
By Matt Lee – Innovative Building Materials The kitchen is the heart of the house. Often the most used room in a home, the kitchen is where a family will laugh, drink, and eat together, forming wonderful memories. Thus, when …
“JPMorgan Targets $700 Million for Residential-Development Fund” – Bloomberg
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
“Mortgage Rates Tumble to Another All-Time Low” by Clare Trapasso of Realtor.com
“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 …
“Why Housing Could Be One of the Best-Performing Asset Classes of the 2020s” – Ben Carlson of A Wealth of Common Sense
“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 …
Signs That a House Has ‘Good Bones’
If you’re looking to buy a house, you want one with good bones. ‘Good bones’ means it has all the pieces in place to be a long-lasting, healthy home that won’t cause you any serious problems or need any major …
“Move over, Texas. Florida is now the No. 1 moving destination in America.” by Rob Wile of the Miami Herald.
“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
“Single-Family Rental Homes to Outpace Multifamily Over Next 3 Years” by Erika Morphy of GlobeSt.com
“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 …
“Single-Family Rental Homes: Affordable Investments With Multiple Upsides” – Forbes
“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 …
“Jacksonville #4 ‘Most Popular City Moved To in 2019′” – Carianne Luter of WJXT News4Jax
“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/
“America is increasingly a nation of renters, not homeowners” – Khristopher J. Brooks of CBS News
“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 – A Good Investment” – Tim Worstall of Seeking Alpha
“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
“Jacksonville Housing Authority fired its CEO during emergency session” – Will Robinson, Jacksonville Business Journal
“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: …
“Real estate is a good bet to improve your portfolio: Economist” – Randy Anderson of Griffin Capital as featured on Fox Business
“Griffin Capital president Randy Anderson discusses why he thinks real estate is a good investment right now. “ Click Here to Watch the Full Story
JAX REIA TRADESHOW!
Come visit our table Saturday Aug 10 2019!
“Jacksonville among top 10 best cities for veterans, study finds” – Kate Brennan, News4Jax
“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 …
“What Happens To Your Taxes When You Sell An Inherited Home?” – LLyce Glink of thinkglink.
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 …
“How Tax Reform Impacted Housing Deductions” – Brian Wainscoat, CPA with Personal Capital
“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 …
“Millennials stampede to Riverside, Five Points, Brooklyn” – Florida Times Union
“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 …