Tampa’s rental market gauges that it costs up to 40% more to rent vs. buy. When it comes to the rent-preference Millennials. Which means a $1,400 rent is being chosen over a $1,000 mortgage. Financial qualifications and less commitment are factors….
Internationally speaking, 15 of the top 20 commercial real estate markets being invested into belong to the United States. Plenty of attractive destinations for growth. This includes Florida….
Perception: A client of ours had trouble getting a home under contract. They temporarily took it off the market, to simply patch and paint it. We even raised the price thereafter. An accepted offer was delivered just two days later!
Commercial Landlord Highwoods Properties just bought the SunTrust building downtown for $124 million. They’re expecting to lease it out for mixed-use, especially with the 5 year plan to go into effect in that area. #City of Tampa
On October 3rd, there will be a new guideline affecting the length of real estate transactions involving a mortgage. Basically emphasizes disclosure and apt time. A typical 30 day closing will now take 45 days.
Productive month of September for us as we finished with 12 closings and 21 newly executed contracts. Time for the final quarter of the year. Let the winter games begin!
Homeownership is lower than it’s been in years while single-family rental homes have increased by about 20% since the 2007 crash. Investors continue to capitalize on rent. We currently help them. Let us help you too.
Two hedge funds investing in our Tampa market announced they will merge today. This will help them both continue by reducing their operating costs. Colony American Homes and Starwood Waypoint will now hold about 30,000 single-family rental homes nationwide.
SG locking up 3 deals today just before the weekend! “Look to the sun, and see no shadow – of doubt. Positive minds bring positive results.”