According to the Orlando Business Journal, Orlando is one of the best markets for rental property investment. Florida as a whole has cities in the top 10, with Orlando listed as number 4. Daytona Beach is No. 2, Fort Myers No. 5 followed by Fort Lauderdale and Tampa. Call us now to help you find [...]
The demand for rental homes is rising. Many state this is due to the high unemployment rate and rise of short sales and foreclosures. Many Americans are giving up the dream of home ownership and making the transition to renting. People who purchased during the housing boom are paying high mortgages and can pay lower rents [...]
Dispite the depressed Real Estate market, the mortgage averaged 3.99% last week and has dropped from last years rate of 4.83%. “Mortgage rates were at or near all-time lows this week amid a rough environment for housing,” said Frank Nothaft, chief economist of Freddie Mac, in a news release. . Many are saying the declining [...]
Do you know the current fair housing laws and how they affect you as a landlord? According to HUD, discrimination based on your race, color, national origin, religion, sex, family status or disability is against the law. It is unlawful to discriminate in the sale, rental, advertising, financing, or providing of brokerage services for housing. [...]
Now Is The Time to Become a Landlord According to Greg Rand, CEO of OwnAmerica, now is the time to buy and rent. He recommends buying to hold, especially in Florida. No one becomes a landlord by choice. Many owners are being forced into becoming a landlord because they can not sell their home for [...]
Mortgage rates drop below 4 percent for first time ever. Looking to buy? Click the link above for news about current mortgage rates. Now is a good time and Orlando Inland Realty can help you with your purchase, whether it be a primary residence or an investment home.
According to MONEY Magazine , there is one bright spot in the housing market, the rental market. Rents are rising as many former homeowners are facing foreclosure and turning them into renters. Another reason why rentals are in high demand, is homeowners are worried about losing their jobs or housing prices falling further and are [...]