Florida Is the Big Winner as the Wealthy Move Out of Northern States
Florida was the top financial magnet, reeling in $17.2 billion more than it lost, about seven times the amounts netted by each of the runner-ups Texas, Washington and South Carolina. The Sunshine State was the No. 1 recipient of the wealth exodus from 18 individual states -- with New York, Illinois and New Jersey combining to contribute about $8 billion to Florida’s income base.
Florida was the top financial magnet, reeling in $17.2 billion more than it lost, about seven times the amounts netted by each of the runner-ups Texas, Washington and South Carolina. The Sunshine State was the No. 1 recipient of the wealth exodus from 18 individual states -- with New York, Illinois and New Jersey combining to contribute about $8 billion to Florida’s income base.
Where should you live? Should you buy or rent? Here’s Miami Heralds 2019 Miami real estate survey
Kendall and North Miami surge as some of the best neighborhoods for home buyers. Brickell is among the hottest areas in town — as well as the most overvalued. And our ever-worsening traffic is playing an increasing role in where people decide to live.
Kendall and North Miami surge as some of the best neighborhoods for home buyers. Brickell is among the hottest areas in town — as well as the most overvalued. And our ever-worsening traffic is playing an increasing role in where people decide to live. Read More
HFI Sponsors Delfi Acosta at the US Open Women's Golf Championship
HFI was the proud sponsor of Argentinean golf player Delfina Acosta at the US Open Women’s Golf Championship. The tournament was played May 30 – June 2 at Country Club of Charleston in Charleston, South Carolina. It was her first time playing the US Open and was the only player from Latin America.
HFI was the proud sponsor of Argentinean golf player Delfina Acosta at the US Open Women’s Golf Championship. The tournament was played May 30 – June 2 at Country Club of Charleston in Charleston, South Carolina. It was her first time playing the US Open and was the only player from Latin America.
Little Havana’s Tower Hotel to reopen as boutique coworking hotel in September
The historic Jazz Age building will be the first U.S. location of the Selina brand.
Little Havana’s historic Tower Hotel building is just months away from reopening as the first U.S. location of Selina, a fast-growing combination lodging and co-working company with a strong presence in Latin America.
The historic Jazz Age building will be the first U.S. location of the Selina brand.
Little Havana’s historic Tower Hotel building is just months away from reopening as the first U.S. location of Selina, a fast-growing combination lodging and co-working company with a strong presence in Latin America.
New mixed-use development unveiled for Coconut Grove’s revitalized Grand Avenue
The five-story project includes an office, retail, and hotel component. A vacant stretch of Grand Avenue in Coconut Grove will be the site of a newly unveiled five-story, mixed-use development. Named ‘Metronomic Place’ after its developer Metronomic, Inc., the upcoming building will deliver 5,000 square feet of office space, 3,200 square feet of ground-floor retail, and a 44-room All-Suite Hotel. VIEW ARTICLE
The five-story project includes an office, retail, and hotel component. A vacant stretch of Grand Avenue in Coconut Grove will be the site of a newly unveiled five-story, mixed-use development. Named ‘Metronomic Place’ after its developer Metronomic, Inc., the upcoming building will deliver 5,000 square feet of office space, 3,200 square feet of ground-floor retail, and a 44-room All-Suite Hotel.
Rich New Yorkers are fleeing to Miami to escape high taxes.
More and more rich New Yorkers are ditching the northeast for sunny Miami. High-net-worth individuals and families from high-tax states like New York, New Jersey, California, and Illinois are moving to the Miami area to take advantage of Florida’s status as a no-income-tax state.
More and more rich New Yorkers are ditching the northeast for sunny Miami. High-net-worth individuals and families from high-tax states like New York, New Jersey, California, and Illinois are moving to the Miami area to take advantage of Florida’s status as a no-income-tax state.
Mortgage rates plummet to lowest levels in nearly 2 years
Mortgage rates fell for the sixth straight week, hitting their lowest point since September 2017.
The 30-year fixed-rate average slid to 3.82 percent and the 15-year rate hit 3.28 percent this week, according to new data from Freddie Mac reported in the Washington Post.
Mortgage rates fell for the sixth straight week, hitting their lowest point since September 2017.
The 30-year fixed-rate average slid to 3.82 percent and the 15-year rate hit 3.28 percent this week, according to new data from Freddie Mac reported in the Washington Post.