News

Renters spend almost 6.5 years saving for 20% downpayment

MIAMI – July 13, 2018 – Renters in expensive California markets can expect to spend more than two decades saving for a 20 percent downpayment on a median valued home, but Florida buyers can do so in about one-third the time. Nationwide, renters can expect to spend...

Study: Most average Fla. rents rise 3%-8% year-to-year

ORLANDO, Fla. – July 10, 2018 – A RentCafe study that looked at average rents in many Fla. cities found that Hollywood (up 9.6 percent) and Orlando (up 8.4 percent) had the greatest year-to-year increases. Out of 19 Fla. cities included in the study, only Davie saw a...

Rent vs. buy? Ownership getting less advantageous

BOCA RATON, Fla. – June 6, 2018 – With housing markets around the U.S. nearing the peak in their cycles, renters who reinvest their money have an increasingly better chance at creating wealth than individuals who purchase a home, according to the latest national index...

Study: Rents still rising but not as fast

HOLLYWOOD, Fla. – May 31, 2018 – RentCafe creates a monthly rent report with data compiled from actual rents charged in the 250 largest U.S. cities. In its latest report, it found that nationwide rents rose 2 percent year-to-year – the lowest increase since 2010....

No bubble yet – but a dearth of construction could hurt

WASHINGTON – May 21, 2018 – An increase in housing supply is crucial to the health and sustainability of the real estate market and the economy, according to speakers at a session organized by the Realtor® University Richard J. Rosenthal Center for Real Estate Studies...

Older adults have option to sell a home without moving

NEWARK, N.J. – May 10, 2018 – A new investment system not yet in Florida may appeal to aging boomers: In exchange for some money now and perhaps more later, “Irene” buys houses, allows residents to stay “forever” or rent it out, and pays for...