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Real estate license. A real estate license is an authorization issued by a government body to give agents and brokers the legal authority to represent a home seller or buyer in a real estate transaction. Real estate agents and real estate brokers are required to be licensed when conducting real estate transactions in the United States and many ...
According to Zillow’s June 2024 numbers, Florida and Texas also have a more affordable real estate market, where median home sale prices are $385,000 and $342,167, respectively.
The California Department of Real Estate ( DRE) is a California state agency focused on safeguarding and promoting the public interest in real estate matters through licensure, regulation, education, and enforcement. Employees headquartered in Sacramento and in district offices in Oakland, Fresno, Los Angeles, and San Diego carry out the DRE's ...
Average monthly expenditures: $2,359. Average monthly mortgage payments: $5,760. Average monthly rent: $2,870. Homeowner monthly cost of living: $8,120. Renter monthly cost of living: $5,229 ...
Jacksonville. Population: 950,203 Household median income: $64,138 Average home value: $302,349 Average monthly expenditures: $2,024 Average monthly mortgage payments ...
Initially listed at $1.65 million, the house was purchased by Manhattan real estate investor Michael Davis for almost $1.4 million in December. [27] According to The New York Times, the house was sold in March 2017 for $2.14 million to "a limited-liability company represented by a law firm that specializes in Chinese foreign investment". [37]
Here are the most cost-burdened real estate markets in the U.S., according to data collected by Apartment List: Miami, Fort Lauderdale, Pompano Beach, Florida Urban Honolulu, Hawaii
The highest and best use of the site is to demolish the house and sell the site as a commercial lot. The market value would be $225,000 ($250,000 site value minus $25,000 demolition cost). However, if the demolition costs rose to $55,000, the highest and best use would be the existing residential use, because the value as a commercial lot (now ...