South Florida On The Market

LendingTree ranked 50 U.S. metro areas. At No. 24, Miami was solidly average, but property taxes in three other state metro areas ranked from No. 11 to No. 14. NEW YORK – Property taxes vary significantly across the nation’s 50 largest metros. How much homeowners pay in property taxes largely depends on where they live and what their home is worth. Homeowners in the lowest property tax metro, Birmingham, Ala., pay about $7,700 less than their counterparts in the New York metro area, which has the highest property taxes in the U.S. Property taxes in Birmingham average $753 (homes without a mortgage); property taxes in New York City average $8,180. Of four Florida metros included in the rankings, Miami has the highest property taxes ($2,481), but it still only ranked No. 24 with 26 other U.S. metros more expensive. Tampa came in at No. 11 ($1,406), Jacksonville at No. 12 ($1,575), and Orlando at No. 14 ($1,744). Birmingham is the only metro where median property taxes are less than $1,00

Miami-Dade County   real estate   posted its best November sales month in history   as   existing condo sales surged   double digits   year-over-year   for the   14 th   consecutive month,   according to the MIAMI Association of Realtors (MIAMI) and the Multiple Listing Service (MLS) system.   The red-hot market, fueled by domestic and   global homebuyers,   has now   established   all-time annual records for total home sales (set in 10 months), all-time annual condo sales (set in   nine   months), and the all-time annual single-family home sales (set in 11 months).   Miami-Dade County total home sales   rose   22.9% year-over-year in   November   2021, from   2,459   sales to   3,021. Miami single-family home transactions   increased   1.2%,   from 1,154   to 1,168.   Miami existing condo sales increased   42%,   from   1,305   to   1,853.    “The demand for Miami real estate is so high that not even November, a time usually known for a slower pace of deals because of the holidays, ca