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A new law that bans citizens of China and some other countries from purchasing property in large swaths of Florida violates federal housing discrimination laws, a lawyer representing Chinese ...
Foreign buyers make up 23% of residential real estate purchases in Florida, a higher share than any other state, according to the National Association of Realtors. However, the bulk of Florida’s ...
May 11, 2023 at 5:30 AM. A strongly criticized new Florida law restricts the real estate buying power of foreigners from seven countries, a startling move for Miami’s global property market. The ...
The same day, official figures showed real estate output in China was down 1.6% in the third quarter year on year, the first time it has been negative since the start of the pandemic. [ 44 ] On 20 October 2021, the National Bureau of Statistics of China published data indicating that home prices had fallen month-on-month for the first time ...
Deed in lieu of foreclosure. A deed in lieu of foreclosure is a deed instrument in which a mortgagor (i.e. the borrower) conveys all interest in a real property to the mortgagee (i.e. the lender) to satisfy a loan that is in default and avoid foreclosure proceedings. The deed in lieu of foreclosure offers several advantages to both the borrower ...
Florida's metropolitan areas and major cities Florida's population density per square mile Florida ancestry map. With a population getting close to 23 million people according to the 2023 US Census estimates, [7] [12] Florida is the most populous state in the Southeastern United States, and the second-most populous state in the South behind ...
Florida’s law prohibits most citizens of China, Cuba, Iran, North Korea, Russia, Syria and Venezuela from buying real estate close to a military compound or critical infrastructure, the Miami ...
One of the key reasons for the Chinese mortgage boycott is a result of the previous high demand for housing. The rise of the middle-class in China since the early 2000s precipitated a substantial investment in property, with many channelling savings into real estate as given the widely-held perception of Chinese property as one of the most stable forms of investment, with house prices ...