Bowery Properties buys Little Haiti apartment...
by By Ina Cordle on 2021-07-28 at 10:00 PM
An apartment portfolio in Miami’s Little Haiti sold for $11.6 million, as the neighborhood undergoes redevelopment. Bowery Properties, led by Thomas Neary, bought Buena Vista Gardens, an 89-unit complex at 5601 Northwest First Avenue, according to a news release. Secamar LLC, led by Carlos, Martha and Carmen Sesin sold the apartments, records show. The sale breaks down to $130,337 per unit. […]
Landlords sue federal gov’t over rental losses...
by By Suzannah Cavanaugh on 2021-07-28 at 9:30 PM
In three days, the federal ban on evictions is set to expire, allowing landlords in most states to take non-paying tenants to court. But property owners say they deserve more than the freedom to join a backlogged docket. They want money. The National Apartment Association, a landlord group, filed a lawsuit in federal claims court Tuesday demanding that the federal government compensate housing […]
Commercial property sales outpace pre-pandemic...
by TRD Staff on 2021-07-28 at 9:00 PM
Commercial property sales are broadly rebounding to pre-pandemic levels across the country, though the same success isn’t being seen in select markets that dominated before the pandemic. Investors spent $144.7 billion on commercial property during the second quarter, nearly three-times the amount recorded in the same period last year, the Wall Street Journal reported, citing data from Real […]
4 Reasons Why the End of Forbearance Will Not...
by KCM Crew on 2021-07-28 at 10:00 AM
With forbearance plans about to come to an end, many are concerned the housing market will experience a wave of foreclosures like what happened after the housing bubble 15 years ago. Here are four reasons why that won’t happen. 1. There are fewer homeowners in trouble this time After the last housing crash, about 9.3
A Look at Housing Supply and What It Means for...
by KCM Crew on 2021-07-27 at 10:00 AM
One of the hottest topics of conversation in today’s real estate market is the shortage of available homes. Simply put, there are many more potential buyers than there are homes for sale. As a seller, you’ve likely heard that low supply is good news for you. It means your house will get more attention, and
3 Hot Topics in the Housing Market Right Now
by KCM Crew on 2021-07-26 at 10:00 AM
If you’re a prospective buyer or seller, it’s important to understand the current real estate market conditions and how they affect you. The Counselors of Real Estate (CRE) just released its Top Ten Issues Affecting Real Estate report. Here are three hot topics from the list and how they impact today’s housing market. Technology Acceleration and
Record high rents: College students struggle to...
on 2021-07-28 at 10:00 PM
Record high rents: College students struggle to find affordable housing in college towns AZCentral.com
Florida Realtors back plan to boost affordable...
on 2021-07-28 at 9:51 PM
Florida Realtors back plan to boost affordable housing WJXT News4JAX
California’s housing market to cool in second...
on 2021-07-28 at 7:54 PM
California’s housing market to cool in second half of year, Realtor economist predict San Bernardino County Sun