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Simply enter the first four fields to see what your principal and interest payment will be. If you enter less than 20% down the calculator will automatically add Private Mortgage Insurance (PMI). For a more complete monthly payment be sure to enter the annual property taxes, monthly Homeowners Association dues and annual insurance premium.

The high percentage of cash buyers reflects Miami’s top position as the preeminent American real estate market for foreign buyers, who tend to purchase with all cash. Cash sales accounted for 53.5.

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According to a new annual survey released today by the National Association of Realtors (NAR), despite an improving job market and low interest rates. the share of first-time buyers dropped 5.

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