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Yes. Median sale price of starter home: $248,250. Median household income: $84,990. Income needed to afford a starter home: $82,431. Data is sourced from Redfin and is accurate as of July 2024 ...
A short sale is when a mortgage lender agrees to allow a homeowner to sell their home for less than what they owe on the mortgage. A short sale can help you get out of an underwater situation, but ...
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One unique feature of Florida's homestead exemption is that it attaches to proceeds from the sale of a home if the homeowner intends to use those proceeds to establish a new Florida homestead within a reasonable time. Therefore, if the owner of a $1,000,000 home sells that home and puts the money in a bank account, that money is still protected ...
Madison, Florida. December 2022 average home value: $178,443. December 2023 average home value: $176,639. Year-over-year change (2022 to 2023): -$1,804. Average income: $21,111. Livability index ...
Swampland in Florida. A freshwater swamp in Florida. Swampland in Florida is a figure of speech referring to real estate scams in which a seller misrepresents unusable swampland as developable property. These types of unseen property scams became widely known in the United States in the 20th century, and the phrase is often used metaphorically ...