Property Management Firm Had History of Problems
The Naples company accused of embezzling millions of dollars from HOAs didn’t suddenly go rogue, according to a Naples News investigation.
HUD: $2.4M for COVID Fair Housing Issues
The Rescue Plan money is used for fair housing issues related to the pandemic. In Fla., the Legal Aid Society of Palm Beach County will receive $250K.
3 Ways to Help ‘Invisible Credit Score’ Buyers
45M adults have thin or nonexistent credit scores. For many it’s because they don’t buy things using credit. To secure a mortgage, they should create a paper trail.
U.S. Net-Leased Commercial RE Had Record Year
JLL Capital Markets: 2021 marked a new record for net-lease transaction volume, which totaled $79.3B – up 39% over 2019 – and the Sun Belt leads the way.
Fla.’s Small Towns Deal with Population Growth
As the state’s population grows, small Fla. towns find themselves changing rapidly as rural infrastructure turns suburban. Central Fla.’s Apopka is the latest.
3 Floridians Are NAR 30-Under-30 Finalists
It’s down to 50 people in NAR’s 30-under-30 contest. Vote online for Kelsey Lohman (Tallahassee), Marcelo Steinmander (Miami Beach) or Moriah Taliaferro (Sarasota).
3 People Sought in Real Estate Fraud Scheme
The Miami-Dade trio pretended one was a Realtor. They lured victims to vacant homes, often put “buyers” through background checks and then asked for a down payment.
How Well Do You Know Florida?
As of April 1, 2020, the state had 21,538,187 residents, says the U.S. Census – a 14.6% jump since the previous census. And Fla. turned 177 years old on March 3.
Why a Mortgage Rate Drop? Probably Due to Russia
Analysts still expect mortgage rate increases this year due to Fed actions, but investors flock to bonds when they get jittery – and that often lowers mortgage rates.
How Does Private Equity Change the Rental Market?
Traditional mom-and-pop RE investors usually plan long term, but a report suggests that Wall Street-backed buyers will likely sell more quickly.