August 2016

Areas hit hard by downturn now see highest gains

Areas hit hard by downturn now see highest gains MIAMI – Aug. 18, 2016 – The markets hardest hit by the real estate downturn have been registering the sharpest increases in home prices for more than a year. A decade after becoming the epicenter of the crash, Miami's property market is seeing the highest price jumps since 2006 – the peak of its last housing boom. Several critical factors are...

Building a home in Florida

Building a home in Florida CHICAGO – Aug. 17, 2016 – The average time it takes to complete a new single-family home is seven months in Florida and nationally, according to recent Census Bureau data. That completion time includes nearly a month for getting the permit to start the project – 27 days in Florida – and then another 6 months to complete the construction. Houses built for sale took the...

Renting vs. Owning a Home

The Cost of Renting vs. Owning a Home in Every State By Cameron Huddleston July 18, 2016 Housing is the biggest expense for many Americans, accounting for more than 30 percent of a household’s yearly expenditures, according to the Bureau of Labor Statistics. But housing costs can vary greatly, depending on where you live — and whether you’re a renter or owner. To find out where your housing...

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