Every bubble eventually pops. In real estate, the million dollar
question is always, when? Many Florida property owners may be surprised
to find out that a very important vote, taking place this coming
November, has the potential to impact the answer as to when our current
bubble may implode.
The vote has
to do with an artificial property tax cap that was signed into law 10
years ago. That 10 percent cap for non-homestead properties, approved in
2008, will once again be on the ballot in November. If it is not
approved by a supermajority (60 percent) of the voters, a dramatic
disparity of taxes will occur that will have a myriad of consequences.
Florida
law defines a non-homestead property as a property not used as a
primary residence, such as rental properties, second homes and
commercial properties.
Continue reading on Miami Herald
Monday, May 14, 2018
Wednesday, January 24, 2018
Inversores extranjeros, un nuevo fenómeno inmobiliario en Miami
Desde el comienzo de este ciclo económico, luego de la Gran Recesión, ha ocurrido un fenómeno muy interesante en el mercado inmobiliario comercial en Miami. En los últimos siete años, el capital extranjero, especialmente de América Latina, se ha volcado ferozmente a la compra de propiedades comerciales.
Saturday, January 20, 2018
Wednesday, January 17, 2018
Best Big Dogs for Apartments: Large Breeds for Small Homes
if you have your heart set on a massive pooch taking up most of your sofa, consider these low-energy, large dog breeds.
read more on realtor.com
read more on realtor.com
3 Commercial Real Estate Trends To Watch In 2018
With Jerome Powell set to take over as new Federal Reserve chairman, there is some uncertainty surrounding the Fed, specifically whether it will stick to its plan to continue raising interest rates and what it
continue reading on Forbes
Tips before you buy or sell a home in cryptocurrency
Real estate agent Tony Giordano knows high-end real estate, and he has made it his business to know cryptocurrencies, because that is fast becoming his business. The crypto craze has made new millionaires, many of whom are looking for ways to reinvest their gains. Real estate is a logical, less volatile asset.
more on CNBC
Huge new slide in Aventura Mall
The giant 93-foot glass-and-steel slide is the crowning touch in the first phase of Aventura Mall’s ambitious, $214 million expansion.
Miami Herald
Read more here: http://www.miamiherald.com/news/business/article191021834.html#storylink=cpy
Tuesday, January 16, 2018
First known Bitcoin-only real estate deal in Miami closes
A Bitcoin evangelist who goes by the moniker “Paychecks” paid nearly 18 Bitcoin for a condo, in what appears to be the first cryptocurrency-only real estate transaction in South Florida.
Source The Real Deal
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