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Ponce. Median Home Price: $182,000 Ponce, known as the Pearl of the South, is Puerto Rico’s fourth-largest city. Its housing market primarily consists of single-family homes, although there are ...
It also regulates transactions on the island by companies engaged in the sale of real estate located outside of Puerto Rico. The Rule of Ethics (Reglamento de Ética) is a regulation to implement Law No. 10 of April 26, 1994, the law to regulate the real estate business and profession of broker, salesperson, and real estate companies in Puerto ...
Home equity loan: A home equity loan is a lump-sum loan, usually with a fixed rate, fixed monthly payments and a term between five and 30 years. You’ll typically need at least 20 percent equity ...
The Puerto Rico Department of Housing (Spanish: Departamento de Vivienda de Puerto Rico) is the department responsible for homeownership, affordable housing, and community assistance programs in Puerto Rico. It was created in 1972. [1]
This is a list of Puerto Rico locations by per capita income. In 2017, Puerto Rico had a per capita income of $12,081 — lower than any state and one of the lowest in the United States. [1] In 2017, Puerto Rico had a median household income of $19,775 — the lowest of any state or territory in the United States. [1]
4 factors to consider before buying a home. Buying a home will inevitably affect your retirement years. Weigh these key factors to get a sense of what to look for in a new house or condo. 1. Lifestyle
Retired couple with nearly $1M in savings asks Suze Orman if they should buy or rent their retirement home. ... when you’re holding down careers and have kids in a school district ...
The economy of Puerto Rico is classified as a high-income economy by the World Bank and as the most competitive economy in Latin America by the World Economic Forum. [14] [15] The main drivers of Puerto Rico's economy are manufacturing, which primarily includes pharmaceuticals, textiles, petrochemicals, and electronics; followed by the service industry, notably finance, insurance, real estate ...