Managing Communities in Florida The magnificent state of Florida draws evermore residents of all ages. From Miami to Jacksonville to Orlando and Tampa, the housing market has responded and grown to accommodate the rush of newcomers. And many of them must live in or they prefer to live in planned communities governed by HOA boards…
New York City Rental Prices New York City, NY is recovering from the Covid pandemic only to meet with new challenges for its rental market. Vacancy rates in each of its 3 main Burroughs are extremely low while rent prices are recovering. As this graphic courtesy of Zillow shows, rent prices in metro New York…
Real Estate Housing Market Forecast US resale home sales have dropped to their lowest level since 2010. The lagging effect of fast-rising mortgage rates, mortgage rate lock ins, and tougher loan qualification has stopped first-home buyers from entering the housing market, and homeowners are locked in at previous lower mortgage rates and can't sell. The…
National Rent Prices Rising Again May's asking rent prices and rent prices paid crept higher in May. In fact, both 1 and 2 bedroom reached new all time national highs again. That counters the notion that a cooling home buying market would translate to lower rent prices. Renters keep asking when rent prices will fall,…
The State of Property Management 2020 In 2019, the state of property management was healthy across the US, from California to Florida to New York. More properties, rising rents, and new technology is making property management the envy of the real estate industry. Technology, cultural, economic and political trends create property management trends which are not…
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