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When you think of Hurricane Irma, you think of devastation. You picture debris sitting on roadsides and people displaced from their homes. The hurricane also had a devastating effect on the real estate market. Counties in Central Florida reported over $100 million in damages from the hurricane, with $60 million of those damages in Osceola County. This damage caused the Orlando area real estate market to take quite a hit. Buying and selling hit a standstill while people tried to rebuild their liv
San Francisco has some of the highest rents in the entire country. Rent isn’t the only thing that’s high in the city, though. Landlords here also require higher credit scores than those in other cities do, according to a study from RentCafe.
Los Angeles is the preferred North American destination for international real estate investors, according to the CBRE Global Investor Intentions Survey. Other popular North American cities/regions include Dallas/Fort Worth; New York; Washington, DC; and Atlanta.
Nashville has solidified itself as one of the strongest markets in the United States. For the third year in a row, Nashville was one of the top 10 “Markets to Watch” in the PwC/ULI Emerging Trends in Real Estate Report, coasting in at number 9. It dropped three slots from its perch at number 6 last year, but the Music City is still expected to have yet another strong year.
Seattle is going to be the hottest real estate market in 2018, according to Emerging Trends in Real Estate. This annual study is produced by PwC and the Urban Land Institute, and it gets its results by conducting 1,600 interviews with homebuilders, property owners, developers, lenders, real estate advisory firms, and investors.
China Oceanwide might not be a household name, but it is a major player in the real estate industry. In fact, China Oceanwide is growing quite a real estate empire in the United States with property in New York, San Francisco, and Los Angeles. Now, it can add one more place to its list. It has hit Hawaii with a splash and intends to make a huge impact on the luxury real estate game.
There is a supply and demand problem in North Carolina, especially when looking at the Research Triangle. The strong job market is bringing people to the area, and they’re ready to buy homes. The demand is so great that new construction can’t keep up with it. This has caused housing prices to go up, creating a sellers’ market. In fact, the median home price has gone up by 16.9 percent in Raleigh over the past year.
Take a look at the data, and get information about what this means for investors. Also, get the scoop on hot investments in San Antonio right now and what you need to do to grab those high-end renters. Then, you’ll be ready to hit the ground running with your San Antonio real estate investment.
Leading financial technology company, Payscape, announced today that they have formed a strategic merchant processing and payment integration partnership with VerticalRent.
When people think of Detroit real estate, they typically think of homes that have been abandoned and foreclosed. They picture a city that has seen better days, and for a long time, that was an accurate depiction.