Homestead
REAL ESTATE
Miami-Dade Real Estate Market Surges to New Heights with a Growth of $471.5 Billion, Powers Up Property Tax Concerns
In a recent disclosure by Miami-Dade County Property Appraiser Pedro J. Garcia, it has been confirmed that the county's real estate market is continuing to surge. The preliminary taxable values for the year 2024 were certified, showcasing a countywide increase to $471.5 billion - a 10.7% bump from the previous year that could have Miami residents facing heftier property tax bills unless rate adjustments are made, as reported by the Property Appraiser's office.
A look at Florida condo reforms, three years after the Surfside collapse
State Rep. Vicki Lopez has a recommendation for prospective homebuyers in her district: “I'm telling people not to buy a condominium now.”. It’s been more than three years since the collapse of Champlain Towers South in Surfside, which claimed the lives of 98 people. Since then, the state has enacted reforms to make condo buildings safer.
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