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Here’s how much you need to make to buy a house in Miami

Tuesday Sep 5th, 2017

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As home prices continue rising in South Florida, so does the minimum salary needed to afford a house. In Miami, the income needed to buy a median-priced home rose to nearly $72,000, according to a report from HSH.com. July marked the 68th consecutive month that single-family home prices have risen in Miami-Dade. The median price of a single-family home in Miami-Dade rose 12 percent annually in July to $335,000, according to the Miami Association of Realtors. HSH, a mortgage and... [read more]

London Home Prices to Remain Stalled for Years, Economists Say

Wednesday Aug 23rd, 2017

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Economists have bad news and good news for London’s home sellers: prices will probably be stuck in neutral for some years, courtesy of Brexit and a shaky economy, but a serious crash still looks unlikely. Ten out of 14 economists surveyed by Bloomberg News cited political and economic uncertainty as a reason prices are stalling while seven said tax changes for landlords were at fault. Only six attributed the slowdown to affordability issues in a market where prices have almost... [read more]

Luxury equestrian estate in Wellington sells for $13M

Monday Apr 3rd, 2017

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Victory Equestrian Sports sold the 5.63-acre property at 3674 Grand Prix Farms Drive to an entity called the Candy Trust for 12.75 million dollars The Grand Prix Village is one of many equestrian lifestyle neighborhoods in Wellington. The property has a 15,930-square-foot building that’s mostly a barn. It has 20 horse stables and an Equi spa and water treadmill (both for horses). For human occupants, the property has 2,240-square-feet of living quarters with two bedrooms, two... [read more]

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