Mindblown: a blog about philosophy.
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Impacto De La Reserva Federal en Las Hipotecas
Las acciones de la Reserva Federal, como los ajustes de tasas de interés, impactan las tasas hipotecarias al afectar las condiciones económicas.Las tasas hipotecarias a menudo siguen las tendencias de la tasa de fondos federales, pero pueden moverse de manera independiente
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Outdoor Upgrades That Pay Off: Expert Tips!
Land Clearing Benefits – Improves curb appeal – Easier upkeep with cleared land – Increases property value and usability Forestry Mulching Advantages – Cost-effective for clearing small vegetation – Preserves roots, reducing erosion risks – Creates a "park-like" backyard scene
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Housing Scorecard: Inventory jumps as sales slide
Nationally, interest rates decreased from 7.31% to 6.08%, while pending home sales fell from 72.8 to 70.6. Builder confidence dropped from 45 to 41, and unemployment rose from 3.8% to 4.2%. Locally, unemployment rates varied, with Miami, Fort Lauderdale, and West Palm Beach at 3.4%, and Naples at 3.7%. Housing starts increased in Miami, while…
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Miami Homebuyers Never Miss Early-Q1 Advantages!
January is the optimal month for homebuyers in South Florida, particularly in the Miami metro area. Between January 7-13, active home listings increase by 7.5% compared to the annual average.
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Miami Considers $4M for Housing Project
A developer is seeking $3.9M for an affordable housing project in Miami. The development will feature 60 one-bedroom apartments for seniors earning 30% of median income.
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3 Things You Need to Do Before Refinancing Your Mortgage
The average 30-year mortgage rate in the U.S. has decreased from 7.9% to around 6%. Homeowners considering refinancing should evaluate potential cost savings using a mortgage calculator and understand associated fees. Improving credit scores can lead to better interest rates, so working on credit may be beneficial. Additionally, it's crucial to shop around and compare…
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Miami Has Highest Real Estate Bubble Risk Nationwide
Miami's housing market has seen unprecedented price increases, making it the most precarious in the US. Limited availability of high-end properties leads to bidding wars, exacerbating affordability issues for typical buyers
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Miamians are the most rent-burdened people in America — and they’re stressed about it
Miami residents are facing significant financial strain, with over 75% reporting difficulty covering household expenses. The area has the highest rate of cost-burdened renters in the U.S., with nearly 60% spending over 30% of their income on housing. Rising rents, driven by an influx of high-income earners, have led to a 21% increase in average…
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Miami Real Estate Market Predictions 2025
Predictions for the Miami real estate market in 2025 indicate significant growth, with median home prices expected to rise by 6.5%, and single-family homes by 9.7%. Mortgage rates may drop to around 5%, enhancing affordability. The luxury condo market is thriving, particularly for properties over $1 million, which have surged by 122.2% since pre-pandemic levels.…
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Miami Home Listings Surge 70% in Mid-Q3!
Miami saw a 70.1% yearly surge, reaching 38,231 active home listings in Mid-Q3. Home sales in Miami fell 9.2% yearly, totaling 6,056 transactions this Mid-Q3.
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