July Home Sales Surge as Median Home Price Surges 8.5%

July Home Sales Surge as Median Home Price Surges 8.5%

The global pandemic has led to many financial difficulties for some people, but according to stats, if you were selling a home in July of 2020, chances are you did pretty well. In yet another update on the pandemic real estate market, we're reporting that according to...
Mortgage Delinquencies Hit 21 Year High

Mortgage Delinquencies Hit 21 Year High

The new numbers are in for homeowners who have fallen behind on their mortgage payments, and according to a story on Yahoo!, the people who are a month or two behind on their payments through April is now at a 21 year high. We recently reported that the numbers were...
Evictions Surge as Moratoriums are Suspended

Evictions Surge as Moratoriums are Suspended

With moratoriums on evictions being lifted, the number of evictions that landlords are dealing with is becoming larger with each passing day.  With millions of tenants who have lost their employment due to the pandemic, legal aid groups are bracing for a busy time...
COVID-19 Isn’t Slowing the Housing Market

COVID-19 Isn’t Slowing the Housing Market

A report that first appeared in Yahoo! detailed exactly what we are seeing here in South Florida in regards to the real estate market.  It's not slowing down, but the pandemic is making it difficult.  The problem that buyers are having now is something that was never...
Rents are Decreasing Nationwide

Rents are Decreasing Nationwide

As we enter July and are clearly still suffering from the Coronavirus global pandemic, many parts of of the nation are seeing that the high rents being paid are simply not going to work out for tenants in this environment.  There are a record number of Americans that...
US Mortgage Delinquencies at Highest Level Since 2011

US Mortgage Delinquencies at Highest Level Since 2011

According to Bloomberg, we're seeing an a continued amount of mortgage delinquencies in the USA.  Just one week after we reported that investment firms are starting to buy real estate and are analyzing an abundance of deals, the pandemic has continued to have a wild...

Investment Firms Ready to Buy Real Estate in 2020

As if we haven't been harping enough on the idea of getting into real estate investing during this global pandemic, a NY Times report proved that even investment firms are looking to buy distressed real estate and pained a very rosy outlook for investors armed with...