gh Tampa Bay Lightning CEO Tod Leiweke is m
Source: www.bizjournals.com
With Tampa Bay Lightning CEO Todd Leiweke moving on the become the COO of the NFL, Jeff Vinik’s $1 billion development will not skip a beat.
According to RentRange median rents on single family homes increased 3.3% to $1320 during. The top cities where rents are growing include, Sarasota, FL.
Source: www.bloomberg.com
Sarasota is really the hidden gem of Florida. The quality of life here is second to none and we expect boomer migration will continue to drive demand in this market.
Condos accounted for just 5.5% of all construction of multifamily housing in the U.S. in the first quarter, the lowest ratio on record, as demand has been hit by post-crisis rules on condo mortgages and by some consumers’ shift in favor of renting.
Source: www.wsj.com
Reforming FHA condo lending guidelines is paramount to reviving owner occupant entry level condo purchases. We expect the private market will find an innovative solution to this niche in short order. There is far too much opportunity in this inefficient corner of housing finance to not see innovation.
The number of renters who are 65 or older will reach 12.2 million by 2030, more than double the level in 2010, according to research by the Urban Institute in Washington. While the millennial generation born after 1980 has driven demand for apartments in recent years, baby boomers — those born from 1946 to 1964 — will be the next wave, pushing up rents and spurring construction of more multifamily housing.
Source: www.bloomberg.com
Millennials and Boomers are competing more and more for urban infill rental projects in a dramatic shift in trends within the industry. The number of renters who are 65 or older will reach 12.2 million by 2030, more than double the level in 2010, according to research by the Urban Institute in Washington. While the millennial generation born after 1980 has driven demand for apartments in recent years, baby boomers — those born from 1946 to 1964 — will be the next wave, pushing up rents and spurring construction of more multifamily housing.
The number of loans in some state of foreclosure as of June 2015 dropped to about 739,000 year-over-year, the lowest number since 2007, prior to the financial crisis. Even with the decline, however, the foreclosure inventory rate is still three times its “normal” rate, according to Black Knight.
Source: dsnews.com
The number of loans in some state of foreclosure as of June 2015 dropped to about 739,000 year-over-year, the lowest number since 2007, prior to the financial crisis. Even with the decline, however, the foreclosure inventory rate is still three times its “normal” rate, according to Black Knight Financial Services.