Mindblown: a blog about philosophy.
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South Florida: Rents Decline as New Units Flood the Market
Several South Florida municipalities saw apartment rents decrease, with Sunny Isles Beach leading with a 10.2% drop.The influx of new multifamily units has contributed to rent declines across South Florida.
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Predicciones del Mercado Inmobiliario de Florida para 2025
Las predicciones del mercado inmobiliario de Florida para 2025 indican un optimismo cauteloso, con valores promedio de viviendas actualmente en $394,728, reflejando un aumento del 1.1%. Las proyecciones sugieren que los valores de las viviendas pueden aumentar entre un 3% y un 5% en varias regiones, a pesar de que algunas áreas experimenten caídas temporales.…
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Revivirán Los Temores De Un Colapso El Mercado Inmobiliario Para 2025
Estabilidad a pesar de los temores: El mercado se mantiene estable, evitando colapsos importantes como el de la Gran Depresión.Factores que enfrían el mercado: El aumento de las tasas hipotecarias y los temores de recesión han enfriado el mercado desde su punto máximo.
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How will the Fed interest rate cut affect South Florida’s real estate market?
The Federal Reserve has cut its key interest rate for the first time in over four years, reducing it by half a point to approximately 4.8%. This move is expected to lower mortgage rates, benefiting home buyers and potentially supporting home prices in South Florida. However, the condo market faces challenges due to falling prices…
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Will New Homebuying Rules in Florida Save or Cost You?
New rules for buying and selling homes take effect on Aug. 17, potentially lowering home prices. Previous commissions were 5-6%, with avg costs up to $25K/sale.
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Florida Sees Significant Rent Reductions in Early-Q3
In July, Florida saw significant rent declines, with Jacksonville’s median rent ↓ 14.3% yearly. Tampa experienced ↓ 5.9% in median rent, contributing to Florida’s overall rent decrease.
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La Reserva Federal reduce las tasas en medio punto. ¿Cómo se verán afectadas las tasas hipotecarias en Florida?
La Reserva Federal ha reducido las tasas de interés por primera vez en cuatro años, disminuyendo la tasa clave en medio punto porcentual a un rango objetivo de 4.75% a 5%. Esta decisión tiene como objetivo mantener la estabilidad económica a pesar de ligeros aumentos en el desempleo y la desaceleración del crecimiento del empleo.…
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Florida Summer Housing Returns to Pre-Pandemic Patterns
Summer sales of residential Real Estate in Florida are not as strong as they used to be. New state laws raise construction safety standards, increasing HOA and maintenance costs for older condos.
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Inside Palm Beach County’s new $7.7 billion budget: Will property taxes rise?
The county government has adopted a tentative budget maintaining the tax rate at $4.50 per $1,000 of assessed property, but rising property values will likely lead to higher tax bills. Property values increased by 9% in 2023, meaning homeowners will pay more despite the unchanged rate. The budget, totaling $7.7 billion, includes a 6% pay…
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Why condo values, sales are dropping in South Florida
The South Florida condo market is facing a crisis as stricter regulations take effect, leading to a 7% drop in sales across Miami-Dade, Broward, and Palm Beach counties. The number of condos for sale surged by 60% in Miami-Dade, impacting values. New state laws, prompted by the Surfside collapse, are causing concern among owners about…
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