Mindblown: a blog about philosophy.
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First-Time Homebuyer Tips for South Florida
First-time homebuyers in South Florida face unique challenges but can navigate them with the right knowledge. Hiring a Real Estate attorney ensures a smoother homebuying process by guiding you through legal complexities.
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Buyers Gain Ground in South Florida Housing Market
South Florida's real estate market shifts to favor buyers, with inventory levels hitting decade-highs. Miami-Dade’s inventory increased to 10.6 months in October 2024, signaling a shift towards a buyer’s market.
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Proposed Tax Break Tied to Inflation for Homeowners
Florida voters will decide on Amendment 5, proposing property tax breaks linked to inflation. The amendment aims to provide homeowners tax relief amid rising housing and insurance costs.
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Florida: Assessing Hurricane Helene’s Housing Damage
Hurricane Helene caused significant housing damage due to less robust construction standards in the impacted region. Estimated wind and storm surge losses for residential, commercial, and agricultural properties range from $3B to $5B.
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Florida Leads With 11 Fast-Growing Cities
Florida cities are rapidly attracting new residents nationwide due to affordable living, strong job markets, and safety. The fastest-growing Florida cities include: – Fort Myers (1st) – Port St. Lucie (3rd) – Daytona Beach (4th) – Tallahassee (5th)
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Proyecciones Del Mercado De Vivienda Para 2025
Tasas hipotecarias a la baja Las tasas caerán levemente a medida que disminuya la inflación y suba el desempleo. Aumento de ventas de viviendas La oferta y demanda aumentarán, con ventas estimadas en 5.4 millones de viviendas.
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Looming decision could boost South Florida annual home insurance premiums by $700
Citizens Property Insurance policyholders in South Florida may face an average premium increase of $700 or more next year, pending regulatory approval of a 14% rate hike. This increase aims to address rising costs related to non-weather-related losses, reinsurance, and litigation. If approved, it would continue a trend of 300% premium increases over the past…
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Amendment 5: A New Era for Florida Property Taxes?
On Nov. 5, Florida residents will vote on adjusting the homestead property tax exemption for inflation. The homestead exemption currently reduces taxable property values by up to $50,000, benefiting around 450,000 families.
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Préstamos Comerciales de Bienes Raíces en Florida: Endurecimiento del Crédito y Aumento de Morosidades
El mercado de bienes raíces comerciales en Florida está enfrentando desafíos como el aumento de las tasas de vacantes, el incremento de las morosidades en los préstamos y condiciones de crédito más estrictas. Los sectores de oficinas, industrial y multifamiliar están particularmente afectados debido a cambios en los modelos de trabajo. Las morosidades en los…
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Early-Q4 South Florida Home Sales Drop Across Counties
South Florida's October single-family home sales declined in all three coastal counties compared to last year. Palm Beach County recorded 223 signed contracts, ↓ 15.2% yearly and ↓ 14.8% from September.
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