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San Juan. Median Home Price: $975,000 While the median listing price for a home in San Juan, Puerto Rico’s capital, is nearly $1 million, don’t let that scare you.
Of course, buying real estate is a major decision, so you’ll need to conduct plenty of research. Some factors to consider include average home prices, average rent prices and quality of life.
It also regulates transactions on the island by companies engaged in the sale of real estate located outside of Puerto Rico. The Rule of Ethics (Reglamento de Ética) is a regulation to implement Law No. 10 of April 26, 1994, the law to regulate the real estate business and profession of broker, salesperson, and real estate companies in Puerto ...
The economy of Puerto Rico is classified as a high-income economy by the World Bank and as the most competitive economy in Latin America by the World Economic Forum. [14] [15] The main drivers of Puerto Rico's economy are manufacturing, which primarily includes pharmaceuticals, textiles, petrochemicals, and electronics; followed by the service industry, notably finance, insurance, real estate ...
The median selling price of a U.S. home soared past $400,000 for the first time in May, the National Association of Realtors reported Tuesday. That news came just days after the 30-year fixed-rate ...
Realtor.com is operated by the real estate network Move, Inc., [2] which is owned by News Corp. [3] Ryan O'Hara served as chief executive officer (CEO) of both realtor.com and Move until June 18, 2019. [4] Following the announcement of O'Hara's departure, News Corp's President of Global Digital Real Estate Tracey Fellows was named acting CEO in ...
As a result of the 1949 law, agencies in Puerto Rico sent plans for the construction of caseríos (housing) to Washington, DC for approval and by August 1952, the building of 9,890 new units across Puerto Rico had been authorized. [7] Law 93-383 passed by the US Congress on August 22, 1974 for the improvement of residences, included Puerto Rico ...
Puerto Rico is an unincorporated U.S. territory with a population of about 3.2 million people. It is officially known both as the Commonwealth of Puerto Rico and as the Estado Libre Asociado de ...