Need news in a flash? Here’s what’s happening in your community.
Miami’s home market is comfortably moving forward from the recession, according to Freddie Mac’s Multi-Indicator Market Index, which measures a metro’s mortgage status, home payment-to-income and employment.
A study from realtor.com and Vivid Seats evaluated home prices near open-air concert settings, finding Capital City Amphitheater in Tallahassee had a 78 percent premium for homes near the venue versus homes in the surrounding ZIP. Homes near Bayfront Park in Miami are valued at $392,500, while the overall ZIP home value is $358,500 – a 9 percent difference.
Roofstock.com, a website that lets investors purchase tenant-occupied, single-family rental homes, has expanded into the Miami single-family rental market.
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