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Did homebuyers whose property investments doubled in the last two years just get lucky?

With property values almost doubling and EMIs covered by rent for buyers who invested in real estate from 2020 to 2023, many aspiring homeowners on Reddit believe these buyers just got lucky while they missed the bus. With property values almost doubling and EMIs covered by rent for buyers who invested in real estate from 2020 to 2023, many aspiring homeowners on Reddit believe these buyers just got lucky while they missed the bus. (Representational Image)(AI-generated image created by Gemini ) Netizens who are yet to buy into real estate...
USA Property

Here’s where property taxes rose the most in the last few years

article A "Sold" sign sits in front of a newly purchased home as property taxes continue to climb across major US metros. (Photo by Steve Pfost/Newsday RM via Getty Images) Where did property taxes rise the most? By the numbers: Tampa, FL: +23.3%Indianapolis, IN: +19.8%Dallas, TX: +19.0%Jacksonville, FL: +18.7%Atlanta, GA and Miami, FL: +18.6%Seattle, WA: +18.4%San Antonio, TX: +18.2%San Diego, CA: +18.0%Charlotte, NC: +17.6% How much are people actually paying? Nationally, the median property tax bill in 2023 was $2,969, or about $247 per month. However, there’s a sharp divide between homeowners with and...
USA Property

Here’s where property taxes rose the most in the last few years

article A "Sold" sign sits in front of a newly purchased home as property taxes continue to climb across major US metros. (Photo by Steve Pfost/Newsday RM via Getty Images) Where did property taxes rise the most? By the numbers: Tampa, FL: +23.3%Indianapolis, IN: +19.8%Dallas, TX: +19.0%Jacksonville, FL: +18.7%Atlanta, GA and Miami, FL: +18.6%Seattle, WA: +18.4%San Antonio, TX: +18.2%San Diego, CA: +18.0%Charlotte, NC: +17.6% How much are people actually paying? Nationally, the median property tax bill in 2023 was $2,969, or about $247 per month. However, there’s a sharp divide between homeowners with and...
USA Property

Zillow to stop showing certain home listings under new guidelines

Mortgage preapproval first-time homebuyersIf you’re a first-time homebuyer, here’s how to get a mortgage preapproved.Starting earlier this month, any property listing that was publicly marketed to consumers but not listed on the local MLS within one business day no longer appears on Zillow.This step is in line with the National Association of Realtors' Clear Cooperation Policy, which aims to prevent exclusive real estate listings and increase fairness among buyers.Corrections & Clarifications: The headline on an earlier version of this story gave the wrong timing. The listing changes will happen later...
USA Property

Using Token-Based Real Estate And E-2 Visas For U.S. Immigration

Tokens are a new way to invest in real estate and can be used to gain immigrant access to the USA.getty Token-based real estate and E-2 visas could pave the way for a new generation of global entrepreneurs and investors to immigrate to America. What Is Tokenized Real Estate? Tokenization of a real estate project is not a replacement for the LLC model but an enhancement. It modernizes access, liquidity, and management of real estate interests, which are particularly attractive to international investors and larger-scale projects looking to raise capital...
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Amazon plans to buy portion of Sunrise Mall property, open operations center

Amazon plans to buy 26.7 acres of the long-struggling Sunrise Mall property in Massapequa, where the e-commerce giant wants to open an operations facility. “Amazon is exploring options at the ...  Sunrise Mall site in the Town of Oyster Bay with the intent of opening an operations facility in the future. This process is in the early planning stages and additional steps remain," the Seattle-based company said in a statement Thursday afternoon.An operations facility, which is a location where Amazon conducts logistics and fulfillment activities, could include a fulfillment center, sorting center or a last-mile site,...
USA Property

1,100 acres near Bithlo with 500 homes pre-approved

An 1,100-acre property just east of Bithlo is now on the market as Orange County’s next big development opportunity, with entitlements for 500 homes in an area that has long been left out of the region’s breakneck growth. The Honey Bee Ranch property, once a working cattle ranch, is generating extraordinary interest from developers keenly aware how little developable land remains in Orange County, listing agent Daryl Carter of Maury L. Carter & Associates told GrowthSpotter. “It’s well-located, not too far from UCF, Seminole State College, and the South Florida...
USA Property

1,100 acres near Bithlo with lakefront lots

An 1,100-acre property just east of Bithlo is now on the market as Orange County’s next big development opportunity, offering lakefront lots in an area that has long been left out of the region’s breakneck growth. The Honey Bee Ranch property, once a working cattle ranch, is generating extraordinary interest from developers keenly aware how little developable land remains in Orange County, listing agent Daryl Carter of Maury L. Carter & Associates told GrowthSpotter. “It’s well-located, not too far from UCF, Seminole State College, and the Central Florida Research Park,...
Upcoming Investments

How to manage client rental real estate investments

If financial advisors ask clients the rate of return for their rental real estate investment property, they should expect to hear a number at least 5 percentage points higher than the actual one, according to the founder of The Real Estate Whisperer Financial Planning.That's because of calculations based on "optimistic assumptions, untracked costs and the absence of formal benchmarking" among many owners, said Rich Arzaga, founder of the Monument, Colorado-based firm, in a presentation at this week's Financial Planning Association Retreat in Oak Brook, Illinois."It's where ownership bias meets the...
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