Tag: multifamily
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Is Seller Financing a good path to success in acquiring and selling properties?
Seller financing can be a good idea for buyers and sellers in certain circumstances. However, it is important to carefully consider the risks and benefits before entering into a seller financing agreement. For buyers, seller financing can be attractive if…
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Calm Markets ahead of…?
Stocks have been on a steady climb, with the S&P 500 up 14% nearly halfway through 2024 and closing at 29 records along the way. The Cboe Volatility Index, or VIX, dropped below 12 last week, a nearly five-year low.…
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US ASKING RENTS CREPT HIGHER FOR SECOND CONSECUTIVE MONTH IN MAY
Original Source:Redfin Reports U.S. Asking Rents Ticked Up for Second Straight Month in May, Hitting Highest Level Since 2022 On Tuesday, Redfin reported that the median US asking rent rose 0.8% year-over-year to $1,653 in May, the highest level since October 2022.…
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St. Pete firm starts work on 96-unit affordable housing project in Sarasota
Development on the North Trail will set the tone for affordable housing with a market rate lifestyle. By Andrew Warfield via Business Observer Bottom Line Key takeaway. A partnership between St. Petersburg-based Blue Sky Communities and Community Assisted & Supported…
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Something remarkable is happening in the U.S. apartment market.
Another fantastic post from Jay Parsons chocked full of research and insights! We’ll add more new apartment supply in the first half of 2024 than we did in most FULL CALENDAR YEARS over the last three decades, and yet demand…
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The Economy, now and looking into the crystal ball…
This article and the research results were co-authored by Chartr and Rocket Mortgage. You can click on either link above to visit those companies. Through the looking-glass A recent Harris X Guardian poll made for some striking reading for those of us…
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Tampa’s High-End Multifamily Market’s Vacancy Rate Expected To Hit All-Time High
Thousands of Units Have Been Completed in Past Year By Michelle RumoreCoStar Analytics May 22, 2024 | 12:41 P.M. The Tampa multifamily market has seen a flurry of development over the past few years as developers have looked to tap into…
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Florida Governor Signs Beefed Up Live Local Act
Legislation Takes Immediate Effect, Now Includes Condos, Some Neighborhood Protections Florida Gov. Ron DeSantis has signed a bill that amends the state’s Live Local Act that passed last year with clarifications around density, height and zoning requirements. (Getty Images) By Joshua…
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Stocks’ recent win streak
Last week stocks made their longest weekly gain since February with the Dow closing above 40,000, a fresh new record, and the S&P 500 hitting 5,300. Strong first quarter earnings and early signs that inflation is cooling have sent stocks…
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