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With the Lowest ROI Now more than ever people want to increase the value of their homes. But what you like is often what turns off potential buyers. Click through for a list of improvements that fail to give a lot of bang for the buck. It is estimated that 28 percent of U.S. homeowners have plans to remodel, expand or otherwise improve their homes in the next...
The national housing market has now regained enough momentum to provide an engine of growth for the U.S. economy, according to the latest The State of the Nation’s Housing report by the Joint Center for Housing Studies. Robust rental demand continues to drive the housing expansion, and sales, prices, and new construction of single-family homes are on the rise....
Carlos Alvarez, then-mayor of Miami-Dade County in this 2011 file photo, raised property taxes during his last year in office. Declining real estate values meant the county collected less property-tax revenue that year. His successor, Carlos Gimenez, is proposing a slight dip in property-tax rates this year, but property-tax revenues should hit a new record...
Key Takeaways The share of first-time buyers purchasing homes in June 2016 was the highest recorded since July 2012: 33 percent. Total existing-home sales were up 1.1 percent in June, to a seasonally adjusted annual rate (SAAR) of 5.57 million. There’s finally some good news on the first-time homebuyer front: The share of first-time buyers purchasing homes in...
Japan-based pharmaceutical company Santen announced plans to acquire Innfocus, an ophthalmology company developed within University of Miami’s Bascom Palmer Eye Institute. Santen will purchase Miami’s Innfocus for an upfront payment of $225 million, plus performance-based consideration upon achievement of milestones. The transaction is pending approval. It...
The value of the US dollar has advanced to its highest levels in six weeks, signaling a boost in the economy compared to slow growth elsewhere in the global sphere. Bloomberg’s dollar index rallied 0.5% this afternoon, the highest it’s reached since June 12. The improvement has also sparked chances for a rate hike this year, Bloomberg reports. Investors...
