Miami & South Florida Real Estate Brokerage
NEW YORK – Today, American households are more likely to include pets than children under the age of 18, according to the U.S. Census Bureau’s American Housing Survey. The share of households with kids stands at 27%, while the share of households with pets is at 68%. Therefore, many residential real estate investors are targeting…
Read MoreNew home sales had ended 2019 in a much stronger fashion than they had started the year. December sales were at an annual rate of 708,000 (a revision from the initial estimate of 694,000) and running more than 23 percent above sales a year earlier. With Wednesday’s sales report from the U.S. Census Bureau and…
Read MoreA new mortgage program from Bank of America (BofA) will enable borrowers to make downpayments of as little as 3 percent while avoiding private mortgage insurance and FHA requirements. Read More Next step: Compare real estate financing options for buyers and investors in South Florida. Questions? contact Southeast Real Estate Advisors.
Read MoreThe average time in January climbed to 50 total days, up four days since the “Know Before You Owe” mortgage disclosure rules took effect in October, according to a report released by Ellie Mae…>Read More Next step: Compare real estate financing options for buyers and investors in South Florida. Questions? contact Southeast Real Estate Advisors.
Read MoreThe early part of the year has a number of important deadlines associated with it. One of the most important is the deadline to file for homestead exemption. The homestead exemption lowers the taxable value of properties by as much as Fifty Thousand Dollars ($50,000.00) and can result in substantial savings for the homeowner. The…
Read MoreBusiness Rent Tax Cut the business rent sales tax by 1% Vote YES for SB 116 by Sen. Dorothy Hukill (R-Port Orange) and HB 247 by Rep. Heather Fitzenhagen (R-Fort Myers). Take Action by clicking HERE Important Points: Florida is the only state in the country that charges a sales tax on business rent, creating a…
Read MoreIRVINE, Calif. – Jan. 28, 2016 – RealtyTrac’s Year-End 2015 U.S. Home Equity & Underwater Report finds a drop in the number of Florida homes that are “seriously underwater” – ones that owe at least 25 percent more on mortgages than the current value of their home. At the end of 2015, one in five…
Read MoreThe Foreign Investment in Real Property Tax Act, commonly known as FIRPTA, was originally enacted by Congress in 1980. Congress created FIRPTA based on reports that non-U.S. investors (investors without a social security number) were purchasing U.S. real estate and then selling it at a profit without paying any U.S. taxes. As a result, FIRPTA…
Read MoreArmani Collezioni, Intermix and REISS will join the list of retail tenants at Brickell City Centre, developers announced on Tuesday. Swire Properties, Whitman Family Development and Simon Property Group are co-developing the 500,000-square-foot, open-air shopping center. The announcement brings the retail component to nearly 70 stores and restaurants. Here is a list of…
Read MoreSouth Florida’s largest locally based bank said new residential mortgages weren’t generating enough business but current mortgage holders won’t be left in the lurch. Read more here Next step: Compare real estate financing options for buyers and investors in South Florida. Questions? contact Southeast Real Estate Advisors.
Read MoreOwning a home is a keystone of wealth… both financial affluence and emotional security.