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Here Are the Most Affordable Destinations for Migrating Homebuyers

Pro Builder

Las Vegas is another hotspot for out-of-state buyers, and Florida’s relatively inexpensive real estate makes it a desirable location for incoming house hunters as well. Miami came in number 3 on the Redfin list, followed by Tampa (number 4), Cape Coral (number 7), North Port-Sarasota (number 9) and Orlando (number 10).

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Sun Belt Buyers Need 40% More Income to Afford a Home

Pro Builder

Sun Belt Buyers Need 40% More Income to Afford a Home. Monthly mortgage payments in Tampa, Florida are up 47.8% There are a few ways for people to get around rising housing costs,” Marr continued. Housing Markets. Housing Markets. Wed, 04/27/2022 - 10:40. gain from a year earlier, Redfin reports. Affordability.

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Music-Inspired Apartment Complex Completed in Tampa's Tempo District

BD+C

Named in honor of jazz artist Ella Fitzgerald, Ella at Encore is the first building to rise from plans to develop a mixed-use, mixed-income urban village, Encore, aimed at spurring public-private reinvestment in the area. Tempo District near the city’s downtown. The project is built is pursuing LEED Silver certification. read more.

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10 Cities at Greatest Risk for Possible Housing Crisis

Pro Builder

10 Cities at Greatest Risk for Possible Housing Crisis. Realtor.com warns of a housing crisis on the horizon for 10 US cities with the highest delinquent FHA loans. FHA mortgages are catered to borrowers who may be first-time, minority, or lower-income, Realtor.com says. cbroderick. Tue, 09/29/2020 - 10:04.

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Florida: A Warm Climate For Business Growth

Business Facilities

Business dollars go a lot farther in Florida given the state’s tax advantages, tax exemptions and no state personal income tax. Businesses thrive in this low-tax environment, and employees enjoy the benefit of no personal income tax. percent) fueled by expanding hospitality and housing markets. percent) and output growth (6.82

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Inflation Is Rising the Fastest in Sun Belt Cities—Here’s Why

Pro Builder

Inflation is chipping away at homeowners’ disposable incomes all across the country, but those living in Sun Belt cities are seeing prices rise at a much faster pace than homeowners in more affordable regions elsewhere. Housing Markets. percent in July, The New York Times reports. . percent in July, The New York Times reports. .

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2020's Hottest Markets Were Coastal and Affordable

Pro Builder

The growth in coastal markets, such as Tampa and Lakeland, Fla., The areas also offer lower property taxes and no state income taxes. A strong 84% of consumers noted they had been able to save more income to purchase a home due to the pandemic and stay-at-home orders, with nearly half saving 11% or more of their income.