An entity tied to a drug and alcohol addiction treatment provider bought an empty office building in Pompano Beach sold for $5.9 million. Banyan Corporate Center LLC, which shares an address with Banyan Treatment Centers, bought The Tower at Avery Place, formerly called Atlantic Tower, at 225 North Federal Highway, records show. Built in 1973, […]
Average rate of America’s most popular home loan drops to 2.98% The average rate on a 30-year mortgage, America’s most popular home loan, has fallen below 3 percent. The 2.98 percent is the lowest Freddie Mac has seen in nearly 50 years of tracking. It’s the third consecutive week of decline and the seventh record-low […]
South Florida is fertile ground for ‘title pirates’ — but with no procedures in place to verify deed ownership transfers, how can property theft be stopped? When family members of Lycienne Prince Barber were about to sell their dead relative’s two duplexes in Biscayne Park, they made a startling discovery. During the prerequisite title and […]
An explosion of shops and restaurants is turning Pompano Beach into possibly the top beachside destination between Fort Lauderdale and Delray Beach. Many businesses, attractions and other amenities have recently become available to the public — and much more is on the way. But the evolution also is posing challenges, such as a brand-new parking […]
A new wave of inventory is putting a damper on rising U.S. home prices. Price gains slowed in the fourth quarter amid a market that has created affordability challenges, Bloomberg reported. The median price for an existing single-family home was $257,600, a 4 percent increase from a year earlier, according to the National Association of […]
Prices climbed 16% in the second quarter. The tax overhaul is fueling a luxury home boom in Florida. Prices for luxury properties in the state climbed 16 percent in the second quarter versus a year earlier, according to Bloomberg. And values for the top 5 percent of properties rose at the fastest pace in five […]
Florida retains its ranking as one of the nation’s lowest-tax states, according to the latest study released by Florida TaxWatch. Out of 50 states, Florida ranks No. 42 in the average amount of money paid by residents. Florida TaxWatch findings Floridians pay an average $5,679 per person in state and local taxes Residents pay an […]