The average median property tax rate across the nation is 1.31 percent. That means a home owner with a home valued at $200,000, on average, pays an annual amount of $2,620 in property taxes, according to an analysis by CoreLogic’s data team.
Hispanic Homeownership Rate Increases
Hispanic ownership rate up for first time in 6 years In another sign of a real estate recovery, the Hispanic homeownership rate increased from 44.5% in December 2014 to 46.7% in December 2015 The Hispanic Wealth Project and the National Association of Hispanic Real Estate Professionals (NAHREP), recently released the State of Hispanic Homeownership Report. According to the report, Hispanic homeownership … Read More
Subprime Mortgage Loans Show Steady Growth
Subprime borrowers are consumers with a credit score of 620 or below. According to data from Equifax National Consumer Credit Trends Report, first mortgage originations for subprime borrowers showed steady growth in the first three quarters of 2015.
Miami’s arts and culture scene is thriving
Miami’s mix of cultures and socioeconomic groups has created a diversity and complexity that gives the city a global feel and global competitiveness in both business and quality of life. The fact that Miami’s art and culture scene is thriving has only added to our city’s allure. In the words of Adolfo Henriques, Chairman of the Miami-Dade Cultural Affairs Council. … Read More
TOD Project Signals Progress for Miami
Transit Oriented Development (TOD) projects aim to increase use of public transportation and reduce automobile dependency. Based on its proximity to Miami-Dade Metrorail system’s Coconut Grove Station, The Grove Station Tower, at 2700 SW 27th Avenue, in Miami, is a TOD project. Studies indicate that walkable urban places are poised to become the most important cities of the future, which means that projects like this signal progress for Miami.
LeBron’s Miami Home vs His Ohio Mansion
LeBron James is said to have paid an estimated $10 million dollars for his 35,000-square-feet home in Bath Township, Ohio. The property sits on a 5.5-acre lot and features include a huge Master Suite with a two-floor walk-in closet, six bedrooms, eight full baths, recording studio, a two-lane bowling alley, casino, movie theater, sports bar and a barbershop.
Consumer Confidence Hits 6-Year High
Americans are much more upbeat about the economy and job prospects this month as a gauge of consumers’ confidence reached its highest level since January 2008.
WHAT ARE THE FUTURE’S MOST WALKABLE CITIES?
Would you believe Miami made the list? Yes, Miami has new development planned that will shoot it up into the top scores as a “walkable urban place,” or, WalkUPs, as researchers at George Washington University call them.
Renting 101
The ABC’s of Renting…Take a deep breath and prepare to jump a lot of hurdles. A) GOOD CREDIT SCORE- Credit and background screening is required for each adult member on the lease. B) CASH – In most cases total move-in costs add up to a lot of money. Some of those costs* include: -Credit and background screening application fees … Read More
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