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Analysis: 24.6 percent of Florida property owners are ‘equity rich’

In Florida, owners of more than 1 million properties with mortgages have at least 50 percent equity in their homes, according to an analysis by ATTOM Data Solutions looking at home equity at the end of the first quarter.

Analysis: 9.7 percent of Florida property owners' mortgages are 'underwater'

In Florida, owners of 408,567 properties with mortgages owe at least 25 percent more on their loans than their property is worth, according to an analysis by ATTOM Data Solutions looking at home equity at the end of the first quarter.

Analysis: Florida has the 11th highest foreclosure rate for first quarter

One in 599 properties in Florida started the foreclosure process during the first quarter of the year, according to an ATTOM Data Solutions analysis of property data.

Analysis: Counties in Virginia, Texas and Missouri pay lowest property tax rate in U.S.

From TX Business Daily

With an effective property tax rate of 0.1 percent, Mecklenburg County in Virginia has the lowest tax rate among U.S. counties, according to an ATTOM Data Solutions analysis of property taxes levied on single-family homes.

Analysis: Homeowners in Hawaii, Alabama, Colorado pay lowest property tax rate in U.S.

From Arizona Business Daily

With an effective property tax rate of about 0.33 percent, Honolulu has the lowest property tax rate among U.S. cities, according to an ATTOM Data Solutions analysis of property taxes levied on single-family homes.

Analysis: Homeowners in Pennsylvania metro area pay highest property tax rate in U.S.

From Keystone Business News

With an effective property tax rate of about 3.9 percent, the Scranton-Wilkes-Barre-Hazleton metropolitan area in Pennsylvania has the No. 1 highest tax rate among U.S. cities, according to an ATTOM Data Solutions analysis of property taxes levied on single-family homes.

Analysis: Florida homeowners pay the 21st highest property tax rate in the U.S.

With an effective tax rate of 1.09 percent, Florida has the 21st highest tax rate among U.S. states and the District of Columbia, according to an ATTOM Data Solutions analysis of property taxes levied on single-family homes.

348,659 U.S. borrowers in default on student loans from 4-year schools

From Higher Education Tribune

University of Phoenix in Tempe, Everest University in Tampa and Ashford University in San Francisco reported the largest share of borrowers from four-year institutions who defaulted on school loans they started repaying in 2014, according to the latest disclosure from the U.S. Department of Education.

585,402 U.S. borrowers in default on student loans

From Higher Education Tribune

University of Phoenix, Everest University and Ivy Tech Community College of Indiana University had the most students who defaulted on school loans they started repaying in 2014, according to the latest disclosure from the U.S. Department of Education.

Homee contracting app looks to expand into five regional cities

Thanks to the new Homee app, it now takes as little as 30 minutes to bring an electrician or other skilled maintenance worker onsite to help complete a project.

Miami-Dade County leaders lauded for urging Medicaid expansion

The Los Angeles-based AIDS Healthcare Foundation (AHF) recently sent a message to the Florida Legislature urging Medicaid expansion and commending Miami-Dade County Commissioners for advocating equal health care access for approximately 1.2 million uninsured Floridians.

212-unit luxury complex in Winter Park sold for $29 million

Calibre Bend Apartments, a 212-unit high-end multifamily property in Winter Park, was recently sold for $29 million, or approximately $137,000 per unit, under the guidance of California commercial real estate firm Marcus & Millichap.

6.5 acre manufacturing site in Trinity to be auctioned off

Heritage Zetabid Realty & Auction Services, acting as a local outpost of Los Angeles-based Heritage Global Inc., recently scheduled a public online auction for Nov. 18-22 of a high-tech property in Trinity, north of Tampa.

Risk model helping Southeast monitor hurricane-related blackouts

Two insurance businesses are applying their jointly created Blackout Risk Model to keep residents apprised of potential weather-related utility problems following Hurricane Matthew.

Veterans Florida, Military.com ease veterans’ paths

To help veterans and other transitioning military personnel desiring Florida residency, Military.com and Veterans Florida have linked forces to offer vets resources, increasing the state’s appeal to newly discharged armed forces members.

Doral industrial property sells for $6.1 million

A price tag of $6.1 million distinguished the recent sale of a 40,000-square-foot industrial property in Doral by its San Francisco-based owner Terreno Realty Corp., which acquires and operates commercial real estate in six major U.S. markets.

Marcus & Millichap closes high-end multifamily landmark sale in Tampa

The successful sale of Tampa’s iconic high-end 58-unit apartment complex, The Mirasol, was recently achieved by California commercial real estate firm Marcus & Millichap for a total price of $10.375 million — averaging $180,000 per unit.

Liver Institute launches South Florida facility

With board-certified infectious disease specialists, The Liver Institute of South Florida opened a brand-new clinic in Ft. Lauderdale recently, bringing high-level care to area patients in need of diagnostic care and treatment.

Youngevity International markets bold coffee flavor to Florida

Organic coffee is en route to 18 Au Bon Pain locations throughout South Florida, thanks to an agreement with CLR Roasters and its parent company — global marketer Youngevity International.

GEICO brings RICO charges in Florida

Alleging fraud, Government Employees Insurance Company (GEICO) recently filed a RICO lawsuit in the U.S. District Court for the Middle District of Florida (Lakeland) against 11 defendants over suspected falsified glass repair bill invoices.

Metro Business Network