Insurance bundling offers savings, but it's less available in Florida due to market conditions.Florida homeowners typically can't bundle home and auto insurance, limiting potential 20% savings. In Florida, homeowners pay about $6K yearly, significantly higher than the national avg....
Inventory of single-family homes in Miami ↓ 14.3% yearly in October 2023 to 3.5K active listings. Condo inventory ↑ 9% yearly to 7.2K listings in October. Miami's total active listings at the end of October ↑ 0.1% yearly to 10.8K....
Home sales in Early-Q4: -Miami-Dade and Broward: ↓ for single-family properties -Palm Beach County: stable single-family home dollar volume; ↑in condo sales Sales: -Miami-Dade: ↓ 2% in single-family; condos ↓ 7% -Broward County: ↓ 3% in single-family; ↓ 5% in condos -Palm Beach County: ↑ 4% in single-family homes and condos...
Investing in flip lands has the potential for high returns and offers control over the investment. It can diversify your portfolio and provide tax advantages. However, there are drawbacks such as high initial investment, market volatility, and time-consuming processes. There is also the risk of loss, regulatory risks, lack of liquidity, property management responsibilities, and financing challenges. When...
Florida homeowners have faced problems in HOAs and condo associations, including inflated costs, election fraud, and misused funds.A significant case at the Hammocks HOA exposed a large scheme involving alleged fund diversion and bullying of residents.Despite legislative efforts to protect homeowners, the final bills were weakened due to lobbying, leaving...
Miami-Dade County has doubled its investments in affordable and workforce housing projects since 3-yr ago. The increased investment aims to create a supply-demand equilibrium, leading to an expected drop in rents as the supply of apartments outpaces demand.The county has committed $260M to affordable housing projects, a significant ↑ from $128M in 3-yr....
Ally offers a limited range of mortgage options but has features like a rate customization tool and no lender fees. It ranks high in customer satisfaction and offers large jumbo loan amounts. However, it only offers conforming and jumbo mortgages, so borrowers looking for other options may need to shop elsewhere. Ally is a legitimate online lender available in all 50 states. It has a good BBB rating and...
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