Category: Uncategorized
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Miami-Dade’s Taxable Property Values Hit $512B
Miami-Dade’s taxable property values hit $511.8B in 2025, growing 8.5% year-over-year. Growth slowed from 11% in 2024, with condos now dragging the market slightly down. New construction added $8.2B in value, boosting countywide taxable totals substantially. Aging condos declined nearly 1% as maintenance, insurance, and repair costs overwhelmed owners. Appraiser urges tax cuts to help…
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South Florida Listings Quadruple as Boom Reverses Course
Home listings across South Florida quadrupled since 2022, reaching the highest level in nearly ten years. April 2025 saw 52,000 homes listed—up from 12,825 during the COVID migration frenzy.
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Miami-Dade Sees 8.7% Increase in Preliminary Taxable Property Value for 2025
Miami-Dade's real estate market shows signs of stabilization with a preliminary taxable value of $512.3 billion for 2025, an 8.7% increase from last year. New construction value rose to $8.6 billion from $6.3 billion in 2024. Officials are urged to consider reducing tax rates to ease the housing crisis. Property owners can review assessments online…
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Miami Cost of Living Breakdown: Homeowners vs. Renters
Comfortable income needed for homeowners: ~$151K Comfortable income needed for renters: ~$131K Household median income: ~$59K Monthly mortgage cost: $3,976 Monthly rent cost: $3,111
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Miami: Luxury Holds, Condo Segment Slides
Single‑family and luxury prices predicted to grow 1–3% in 2025. Rising condo inventory shifting market toward buyers.
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Process for Getting a U.S. Mortgage Loan
Obtaining a mortgage as a U.S. expat or foreign national involves determining your budget and mortgage type, comparing loan rates, and getting pre-qualified with a completed application, passport, financials, and a credit report from your home country. After application submission, review loan approval, order an appraisal, and clear underwriter conditions. Finally, sign the mortgage documents.…
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Is Miami Housing Stabilizing or Under Pressure?
Condo inventory has ballooned to ~11.4 months, softening seller dominance. Market values remain flat; listing prices have dropped ~4.5%.
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Miami Forecast for Rest of 2025
Home prices projected to grow 4–5%. Out-of-state buyers continue driving demand.
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OMB Approves PBRB’s Recommendations for Disposition of Federal Properties
The Office of Management and Budget approved the consolidation and disposition of 11 federal properties totaling nearly 7.1 million square feet, including four in the Washington, D.C. area and others nationwide. Exiting these sites is expected to save $52 million in the first year and $5.4 billion over 30 years. The Public Buildings Reform Board…
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Miami Pool Homes Surge: 62% Listings Riding High!
In 2025, 61.8% of homes listed in Miami feature a swimming pool—the nation’s highest share.Pool-equipped homes in Miami grew +12.3 points since 2019—one of the highest jumps nationwide.