Loyd Robbins opens new real estate firm in Sarasota after leaving family firm to sons

Loyd M. Robbins, president and principal broker of Loyd Robbins &  Co., became as a sales associate in 1973 and gained his broker's license in 1975.

Loyd M. Robbins, president and principal broker of Loyd Robbins & Co., became as a sales associate in 1973 and gained his broker’s license in 1975.

Despite stepping away from the company he helped build for 50 years, Loyd Robbins has already launched a new real estate firm just a short walk from his old office on Tuttle Avenue.

Loyd Robbins & Co. was founded by Robbins, his wife Freya Robbins and their daughter Ali Marks, according to the news release.

The office at 3580 Tuttle Ave. has a team of 17 agents with a combined 399 years of real estate experience.

Robbins sold his shares in Harry E. Robbins & Associates in mid-June, a firm he helped build with his mother and father beginning in 1973, to his four sons.

However, the transition out of the company was not because Robbins, 68, plans to retire. He said he and his 91-year-old mother sold their shares so that the third generation could take over the family business.

“This may be a new venture, but it is firmly rooted in our longstanding heritage,” Robbins said in a news release. “It’s an opportunity to pay homage to my parents’ legacy while forging

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Buying Property For Airbnb – How to Get Started

It’s undeniable that Airbnb properties have the potential to generate huge rental returns, but unfortunately, this potential alone will not boost your bank balance.

As I’m sure you’ve already gathered, with successful short-term letting businesses, location is everything!

Now, although Airbnb is famous for having rental properties in pretty much all environments in every corner of the globe, there are some key recommendations when it comes to investing in a property that will provide steady returns and high occupancy rates throughout the calendar year.

To achieve this, buying an Airbnb investment property in a popular UK city that offers a combination of affordable prices, strong rental yields, high visitor rates and regular music and sporting events is usually a winner!

Take Liverpool for example.

A city with a rich history, world-renowned character, popular nightlife scene, two premier league football clubs and the birthplace of the band that changed music forever – need I say the name?…

Liverpool is an ideal location to invest in a short-term rental property in terms of securing bookings all year round.

Additionally, the average property price in Liverpool is almost £110,000 below the UK average according to the most recent House Price Index, while rental

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Canada’s housing prices to keep climbing, says Royal LePage

Royal LePage is forecasting that the average price of a home in Canada will increase 4.5 per cent in the fourth quarter of 2023, compared to the same quarter in 2022. This revised forecast anticipates an earlier-than-expected boost in activity in major housing markets across Canada.

The projection is included in the real estate company’s house price survey released Thursday, which drew from national property data as well as statistics collected from 62 of Canada’s largest real estate markets.

“Coming out of a correction, it is common to underestimate the speed at which the market will turn itself around,” Phil Soper, president and CEO of Royal LePage, said in a press release. “As market activity is rebounding faster than anticipated, we are looking ahead with a sense of cautious optimism. While we do not expect huge price gains this year, some sense of normalcy is returning to the market.”

The average price of a home in Canada reached its peak in February 2022. Over the course of a year, the national average fell 18.9 per cent, according to the Canadian Real Estate Association. According to Soper, the housing market’s “inevitable correction” was triggered by the Bank of Canada’s aggressive interest

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You’d need a raise of almost $20K to afford the same Calgary home you didn’t buy last year

Sometimes, waiting can be a pricey move.

A buyer in Calgary today will need to earn $18,820 more in annual income to purchase the same house, compared to this time last year, according to a fresh report from Ratehub.ca, an organization that analyzes real estate and financial data.

As well, Calgary is the only city in the study to see an increase in the average price of a home from March 2022 to March 2023. It’s gone from $523,100 to $528,700.

A longtime real estate agent says Calgary is an anomaly.

“What we are seeing this year, in January, we were all anticipating there would be more inventory coming on the marketplace,” Len T. Wong of Greater Property Group told CBC News in an interview.

“And then in February, we started to realize that sales volumes were down 47 per cent and inventory levels were down as low as 2006, an all-time low.”

Len T. Wong is a Calgary realtor with Greater Property Group.
Len T. Wong is a real estate agent at Greater Property Group in Calgary. (Anis Heydari/CBC)

Inventories of single-family homes in the city are low, and that’s a double-edged sword.

“I think part of it is interest rates,” Wong said.

“There’s a little bit of a concern

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The UK Property Market is Now in Better Health Than Four Years Ago

There are various ways we can use to track how the UK property market is performing.

One of the most common ones is house prices and how they are rising or falling. Rising prices mean that the market is performing well, while falling prices are usually a cause for concern.

The Land Registry’s UK House Price Index reports that prices rose by 6.3% annually from January 2023, the latest data available. This shows that the market is still going strong as prices are higher than in 2022.

A second way we can determine the health of the housing market is through the number of sales being agreed upon and completed.

Right now, sales are 11% higher than in 2019 according to Zoopla, which means more houses are being sold than four years ago. This is a good sign that there is a high demand for housing, which is good for the overall housing market.

Another way in which we can see how the housing market is performing is the number of properties for sale on the market.

Zoopla’s data indicates that 65% more homes are available on the market than in 2022, while estate agents have an average of 25

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4 reasons you should look at a hard money loan for your real estate purchase, refi, or cash-out

Sponsored – The following content is created on behalf of Hard Money Lenders Arizona and does not reflect the opinions of Gray Media or its editorial staff. To learn more about Hard Money Lenders Arizona, visit HardMoneyLendersArizona.com.

PHOENIX (Arizona Hard Money Lenders) – Whether you’re looking for a home to stay in for the long term, fixing up and flipping houses, or creating VBROs, Airbnbs, or rentals, there are two ways to buy real estate – with cash and with financing. If you’re in a position to pay cash, you don’t need to worry about jumping through the flaming hoops between you and a mortgage. In fact, it might be time to consider becoming a private investor in others’ purchases. But that’s a story for another time. Today, we’re focusing on people who need financing to buy or refinance residential or commercial property.

Aerial view of a residential neighborhood

Most people believe a mortgage is the best – possibly the only – way to get the money you need to become a property owner. Securing a traditional mortgage can be tricky. It requires a massive amount of paperwork and it’s not a speedy process. It can take weeks or even months for the money to

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Population ‘moving south in droves’ creates opportunities for US real estate investments

This is Globe Advisor’s weekly newsletter for professional financial advisors, published every Friday. If someone has forwarded this newsletter to you via e-mail, or you’re reading this on the web, you can register for Globe Advisorthen sign up for this newsletter and others on our newsletter sign-up page.

More investors are turning to alternative investments such as private real estate, equity and debt to help balance their portfolios.

Real estate is particularly appealing to Canadians, both at home and across the border in the US. Perhaps not surprisingly, Canadians made up the largest share of foreign buyers of US property, or 11 per cent of purchases, from April 2021 to March 2022, followed by Mexicans, at 8 per cent, and Chinese, at 6 per cent, according to the National Association of Realtors.

For investors, real estate may not sound like a great investment today, given rising interest rates. However, some argue it’s an attractive time to buy into the asset class, particularly the lenders.

“Floating-rate assets paired with attractive characteristics can offer investors a way to mitigate inflation risk,” says Dean Kirkham, president and chief operating officer at real estate financier Trez Capital in Vancouver.

Globe Advisor spoke

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Tucson real estate companies agreed to pay $375K in consumer fraud case

Two Tucson real estate companies accused of consumer fraud agreed to pay $375,000 in restitution and fees, according to the Arizona Attorney General’s Office.

Of the accused in the 2021 case were companies Deed and Note Traders and 881Home as well as their manager, David Kinas, for hiding or misrepresenting the underlying mortgages for homes they were selling, ultimately trapping consumers into mortgages they never bargained for, according to a Thursday news release.

“David Kinas and his real estate companies sold the promise of home ownership with rent-to-own property sales to Arizona consumers, but the home-buyers instead received homes weighed down with the sellers’ own undisclosed mortgage debts,” Attorney General Kris Mayes said in the statement.

Arizona Attorney General Kris Mayes, seen here during her ceremonial inauguration Jan.  5, 2023, said David Kinas and his companies decided Arizona consumers, selling them properties with undisclosed mortgage debts.

According to the lawsuit, Kinas had also failed to pay some of the underlying mortgages, even having his companies foreclose on homes after they had already been sold to consumers.

In a breakdown of Kinas’ handling, the attorney general’s office said that consumers were sold homes through a rent-to-own arrangement with owner-provided financing or seller carry-back financing. Kinas’ companies would act as both the seller and the lender, rather than as a bank or other mortgage lender.

Furthermore, consumers weren’t given clear title to

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Crexi Partners with the CCIM Institute to Provide One-Stop Property Listing Services for All Designee Members

Published: Feb. 7, 2023 at 3:31 PM CST|Updated: 6 hours ago

CCIM Designees will be able to add and view sale and lease property listings nationwide in one easy process

LOS ANGELES, Feb. 7, 2023 /PRNewswire/ — Crexithe commercial real estate (CRE) industry’s leading marketplace, data, and technology platform, today announced their partnership with the CCIM Institute.

Official Crexi logo (PRNewsfoto/Crexi)
Official Crexi logo (PRNewsfoto/Crexi)(PRNewswire)

Crexi announced its partnership with the CCIM Institute.

The CCIM Institute has partnered with Crexi to create a Designee-only benefit, known as the CCIM Property Listing Service. CCIM Designees can now connect their Crexi and CCIM accounts for instant access to thousands of CCIM Designee listings across the country.

“The real estate industry is moving to a more collaborative model,” said Mike DeGiorgio, founder and CEO of Crexi. “By partnering with the CCIM Institute, we’re able to share market data on one platform which leads to a perfect solution for both organizations and our clients.”

With this partnership, CCIM Designees can also subscribe to Crexi’s PRO offering at a discounted annual rate, which includes higher rankings in property searches and AI generated property blasts resulting in more qualified buyers with full

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How to Invest £30k – The Best Ways to Invest £30k in 2023

One of the most traditionally popular investment options, stocks remain a prevalent way to invest in 2023.

The stock market allows you to buy shares, or fractions of ownership, in companies so you can earn returns based on how they perform financially.

The more stocks in a company you own, the larger your stake of ownership is and the more profit you will make from your portfolio. For example, if a company had 1,000 shares and an investor owned 100 of them, then that investor would own 10% of the company and be entitled to 10% of the company’s profits.

As you earn money based on how companies perform, if their fortunes take a turn for the worse, then so will yours.

There are thousands of companies you can invest in on the stock market, meaning this is a good option if you want to diversify your portfolio.

Having a diversified portfolio means spreading your money around multiple forms of investment.

This is a good way of investing, as if one of your investments fails then you will not lose as much money, which is helpful for those with lower risk tolerances.

Some of the most popular stocks for beginner

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