The Daily (070616) Hot Sheet Of Top Real Estate News Trending Now
Rental investors have changed some neighborhoods
Some owners in Fla. communities with a lot of single-family homes owned by big investment firms say the uptick in renters makes their community less friendly. Read more.
National flood insurance program expires in Oct.
While it's unlikely that the national flood insurance program will go away, lawmakers will consider changes that could again send coverage costs higher. NAR suggested possible solutions before a U.S. Senate committee last week. Read more.
10-year trend: Apartments smaller, rents higher
RentCafe report: The average size of rental units today is 934 square feet - 7% less than a decade ago, even though average rents increased 7% in just 5 years. Read more.
U.S. office vacancy rate falls to seven-year low
The office vacancy rate fell to 16% in 2Q, research firm Reis Inc. says. It's down 10 basis points in the eighth consecutive quarter-to-quarter vacancy decrease. Read more.
HUD awards $348K to 3 Fla. homeless veteran groups
HUD awarded the extra funds to help with a joint HUD-VA program that provides permanent homes to veterans experiencing long-term, chronic homelessness. Read more.
6 moving packing hacks
Packing is an art, and experts who move people for a living say there are ways to simplify the process - such as putting paper plates between good China plates. Read more.
Wellington: Bill Gates paid $38M for an entire street
Miami: Investor buys SunTrust Center for $86.5 million
Dania Beach: iFunding secures money for apartment acquisition & renovation
Orlando: Brexit to take toll on British vacation-home dreams
Fort Lauderdale: High-end homes to replace closed golf course