Sorry to burst the bubble but the answer is no. According to Apartment List, Miami ranked 100 out of 100 cities. The Miami-Dade County has the largest cost-burdened percentage in the U.S. Cost burdened percentage is defined as the percentage of household income spent on mortgage cost or rent. Read the rest of this entry »
Homeownership is a part of the American Dream. If one works hard, they can achieve more than the previous generation and improve their quality of life. However, according to Pew Research Center, homeownership in the United States is becoming more exclusive. Read the rest of this entry »
Are you an adrenaline junkie who loves to binge-watch five episodes of American Horror Stories? Is it your dream to explore haunted properties? If yes, here is a list of properties you can go right in South Florida.
Flagler Street has always been the Downtown’s crowning jewel. Unfortunately, this fraying main street requires a little boost. A lot of people seem happy to jump into this project. The local government is pumping $13 million to revamp the street. Their goal is to make the sidewalks more pedestrian-friendly by installing lighting and blacktop and planting shade trees.
Here is everything you need to know about Miami’s Real Estate in October 2017:
Last week, the director of The White House Office of Management and Budget proposed new amendments on the National Flood Insurance Program. The program which accumulated $25 billion of debt, has been in place since 1968. It was created to protect homeowners who are living in flood-prone zones near coastal areas and rivers.
The answer is: no. Miami Real Estate is buzzing with activity. One might think that Hurricane Irma slowed down the market but this is simply a false statement as sales and rentals are picking up yet again. The reason being on this fast market recovery is probably due to South Florida Building Code that was imposed in 2002 a few years after hurricane Andrew to withstand hurricane disaster. The damages were kept at minimum, only trees and electricity was down for a few days.