With the Economy Sputtering, Why is Real Estate Soaring?"The coronavirus hasn’t dragged home prices down; in fact, we’ve seen just the opposite — prices are rising in spite of the pandemic.” Read More... How to Bolster NOI During COVID-19One of the biggest challenges is a prospect providing fraudulent identification and pay stubs, moving in, and then [...]
With Eviction Freeze, Landlords Wonder How They'll Recover Rent The move was to prevent out-of-work renters from becoming homeless, though Governor DeSantis has stressed that it does not cancel rent obligations for tenants. Read More... Americans Skip Payments as Wave of Defaults and Evictions Looms Help from Congress and leniency from lenders have kept impending financial disaster [...]
What PMs Need to Know Amid Coronavirus CrisisFirst and foremost, it is critical to stay in communication with your employees, partners, vendors, and tenants.. Read More... Coronavirus Hitting Florida Development Like Economic HurricaneSupply shortages. Nervous buyers. Delayed deals. But maybe a moment for speculators.Read More... Job, Population Growth Make Tampa Apartment Market Fundamentally SoundRents have risen an average [...]
10 Best Places to Buy Rental Property in 2020The best places have affordable housing, wage growth, and low unemployment rates, among other factors. Read More... Tampa Bay's Foreclosure Rate Dips Below 1%The rate is the lowest for any month since at least January 1999. Read More... Apartment, Office Deals in Near EquilibriumCombined, the multifamily deals generated $475.4 [...]
Flow of Capital Into Multifamily Expected to IncreaseExperts see institutional investors allocating more money toward multifamily, and banks & agencies aggressively competing to provide multifamily loans.Read More... Tampa Ranks 6th Highest at Risk of a Housing DownturnIn the next recession, real estate firm RedFin preducts that Tampa has a higher than average risk of a housing downturn. Read [...]
Tampa Among Nation's Most Active Apartment MarketsWith a projected 4,912 new units set to be delivered by Dec. 31, the three-city MSA ranks 18th in the U.S. Read More... International Investors Pull Back from US CREInternational investors became net sellers of commercial real estate this year for the first time since 2012.Read More... Tampa Bay Apartment [...]
The Most and Least Expensive Tampa Bay Neighborhoods for Renters Harbour Island leads the area's monthly rents, while North Tampa and the USF area offer the least expensive apartments. Read More... Tampa Bay has 'Room to Run' for Real Estate Investors The area has been named one of the nation's top 10 markets for real [...]
It is Getting Harder to Raise and Spend EquityAs competition for the best deals becomes even tougher, New York real estate players are finding it more challenging to deploy capital. Read More... Tampa Bay Commercial RE is on FireBut the legacy of the financial crash is felt in the changing ratio between the amount of money that banks [...]
Affordable Housing Faces Cuts in Trump's Budget ProposalHUD's budget request takes aim at the $3B Community Development Block Grant program and the $1B Home Investment Partnerships program. Read More... Tampa Bay in Better Shape to Weather the Next RecessionThe metro area ranks 8th in the country for "Most Diverse Economies" according to Chmura Economics & Analytics.Read More... [...]
Experts Feeling Cautious but Good about CRE Outlook for 2019Macro-economic trends, together with local government ordinances, have played a role in growth. Read More... How Close Are We to a Financial Crisis?A decade after Lehman Brothers collapsed, there are guardrails in place to prevent a Great Recession 2.0 — but another crisis is essentially inevitable.Read More... [...]
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