Who are the ‘nepo-homebuyers' and tips to buy a first time home or get into the property ladder - Miami news - NewsLocker (2024)

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Residents of North Miami neighborhood says dozens of ducks found shot to death in recent days Man accused of setting fire at his Lauderhill home while man was sleeping inside Monarch High principal, staffers to resume responsibilities after transgender athlete probe Advertisem*nt Amicable divorce finalized between Superintendent Licata and Broward School Board Miami-Dade school staffers recount saving 9-year-old student who suffered cardiac arrest ‘Destroyed our lives': Surgeon loses part of arm after car hits 2 runners during Florida Keys race ‘Destroyed our lives': 2 runners seriously injured after they're hit by car during Florida Keys race Advertisem*nt A question of ethics: Did Broward judge seeking reelection cross the line? Tua Tagovailoa misses Dolphins' OTA day to attend Saban's charity golf tournament Doral Police officer arrested on DUI charge in the Florida Keys Severe thunderstorm warnings, flood advisories issued in South Florida Severe thunderstorm warning issued for portion of Miami-Dade Flood advisory issued for portion of Miami-Dade as severe t-storm warning ends Teen arrested after crashing into FHP trooper during cross-county chase in stolen BMW 18-year-old steals BMW and leads police in a cross-county pursuit Video shows fleeing robbery suspect caught after jumping into Cooper City canal Video captures the moment a man is apprehended by divers in a Cooper City canal following a robbery Miami's Little Havana on edge after alleged kidnapping, sexual assault of teen near loanDepot Park Miami's Little Havana community on edge after alleged kidnapping, sexual assault of teen near loanDepot Park Man accused of threatening his roommate with machete in Hialeah 3 drown after friends try to save teen struggling in Florida river: Deputies ‘Incredibly reckless': Visit by Cuban delegation to security areas of Miami Airport sparks outrage ‘Incredibly reckless': Cuban delegation visit to Miami airport security areas sparks outrage Videos show $1.8 million Hermès handbag heist at Miami Beach hotel Police identify 20-year-old woman fatally shot in North Miami Beach Two hospitalized after shooting in Lauderdale Lakes Florida to launch pregnancy and parenting resource website ‘Every time, same thing': Female driver hospitalized after crashing into Hollywood building ‘Every time, same thing': Driver hospitalized after Hollywood building hit by car, again FAQs
  • 19-05-2024 10:13 via nbcmiami.com

    Who are the ‘nepo-homebuyers' and tips to buy a first time home or get into the property ladder - Miami news - NewsLocker (1)

    There is a growing group of millennial homebuyers who rely on family financial support for a down payment or costs related to a first home.

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  • Residents of North Miami neighborhood says dozens of ducks found shot to death in recent days

    21-05-2024 23:06 via nbcmiami.com

    Who are the ‘nepo-homebuyers' and tips to buy a first time home or get into the property ladder - Miami news - NewsLocker (2)

    An investigation is underway after residents in a North Miami neighborhood have found dozens of ducks apparently shot to death in just a matter of days.

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  • Man accused of setting fire at his Lauderhill home while man was sleeping inside

    21-05-2024 22:49 via nbcmiami.com

    Who are the ‘nepo-homebuyers' and tips to buy a first time home or get into the property ladder - Miami news - NewsLocker (3)

    A man is facing serious charges after authorities said he set fire to his Lauderhill home while another man was sleeping inside. Emmanuel James, 19, was arrested early Monday on charges of first-degree arson to a dwelling or building where people are present and attempted felony murder, records showed. According to an arrest report, the incident happened around 10:30 p.m....

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  • Monarch High principal, staffers to resume responsibilities after transgender athlete probe

    21-05-2024 22:13 via nbcmiami.com

    Who are the ‘nepo-homebuyers' and tips to buy a first time home or get into the property ladder - Miami news - NewsLocker (4)

    The principal and two staff members of a high school in Broward who were reassigned amid a controversy involving a transgender student athlete playing on a girl's sports team will be resuming their responsibilities after an investigation cleared them, county public schools officials said Tuesday.

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  • Amicable divorce finalized between Superintendent Licata and Broward School Board

    21-05-2024 20:38 via nbcmiami.com

    Who are the ‘nepo-homebuyers' and tips to buy a first time home or get into the property ladder - Miami news - NewsLocker (5)

    Dr. Peter Licata and Broward School board members reached an agreement on his exit package as superintendent.

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  • Miami-Dade school staffers recount saving 9-year-old student who suffered cardiac arrest

    21-05-2024 19:39 via nbcmiami.com

    Who are the ‘nepo-homebuyers' and tips to buy a first time home or get into the property ladder - Miami news - NewsLocker (6)

    A 9-year-old boy is alive thanks to a quick responding crisis team at his elementary school in Miami-Dade who jumped in when he suffered a cardiac arrest and collapsed.

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  • ‘Destroyed our lives': Surgeon loses part of arm after car hits 2 runners during Florida Keys race

    21-05-2024 18:53 via nbcmiami.com

    Who are the ‘nepo-homebuyers' and tips to buy a first time home or get into the property ladder - Miami news - NewsLocker (7)

    Two men are in the hospital with serious injuries after their loved ones say they were hit by a car while running a race in the Florida Keys this past weekend.

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  • ‘Destroyed our lives': 2 runners seriously injured after they're hit by car during Florida Keys race

    Who are the ‘nepo-homebuyers' and tips to buy a first time home or get into the property ladder - Miami news - NewsLocker (8)

    Two men are in the hospital with serious injuries after their loved ones say they were hit by a car while running a race in the Florida Keys this past weekend.

    Read more

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  • A question of ethics: Did Broward judge seeking reelection cross the line?

    21-05-2024 18:28 via nbcmiami.com

    Who are the ‘nepo-homebuyers' and tips to buy a first time home or get into the property ladder - Miami news - NewsLocker (9)

    An attorney who ignored a Broward County judge's voicemail asking if he would support her reelection tells the NBC6 Investigators he felt intimidated a month later when the judge asked in her courtroom why he had not responded to her call.

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  • Tua Tagovailoa misses Dolphins' OTA day to attend Saban's charity golf tournament

    21-05-2024 17:31 via nbcmiami.com

    Who are the ‘nepo-homebuyers' and tips to buy a first time home or get into the property ladder - Miami news - NewsLocker (10)

    Tua Tagovailoa was not with the Miami Dolphins for Tuesday’s organized team activities, evidently for a very good reason. He was at a charity golf tournament in Alabama hosted by now-retired Crimson Tide coach Nick Saban, his college coach — an absence that the Dolphins were perfectly fine with. That said, Tagovailoa has also missed some time in recent weeks for non-golf reasons, presumably amid the talks between his representation and the team on an extension that could push the sal

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  • Doral Police officer arrested on DUI charge in the Florida Keys

    21-05-2024 17:18 via nbcmiami.com

    Who are the ‘nepo-homebuyers' and tips to buy a first time home or get into the property ladder - Miami news - NewsLocker (11)

    A Doral Police officer was arrested on a DUI charge in the Florida Keys, records showed.

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  • Severe thunderstorm warnings, flood advisories issued in South Florida

    21-05-2024 15:38 via nbcmiami.com

    Who are the ‘nepo-homebuyers' and tips to buy a first time home or get into the property ladder - Miami news - NewsLocker (12)

    Severe thunderstorm warnings and flood advisories were issued for portions of South Florida Tuesday as strong storms were moving through the area. A severe thunderstorm warning was issued for parts of Miami-Dade and Broward until 5:30 p.m., the National Weather Service said. The warning includes Miami, Hialeah, Hollywood, Miami Beach, Surfside, Hallandale, Virginia Key, Miami Gardens, North Miami, North Miami...

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  • Severe thunderstorm warning issued for portion of Miami-Dade

    21-05-2024 15:38 via nbcmiami.com

    Who are the ‘nepo-homebuyers' and tips to buy a first time home or get into the property ladder - Miami news - NewsLocker (13)

    A severe thunderstorm warning was issued for a portion of Miami-Dade on Tuesday. The warning was in effect until 4:15 p.m. for areas including Miami, Miami Beach, Homestead, Coral Gables, Key Biscayne, South Miami, Homestead Miami Speedway, Black Point, Virginia Key, Kendall, The Redland, Pinecrest, West Miami, Westchester, Naranja, Glenvar Heights, Palmetto Bay, University Of Miami, Zoo Miami, and Goulds,...

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  • Flood advisory issued for portion of Miami-Dade as severe t-storm warning ends

    21-05-2024 15:38 via nbcmiami.com

    Who are the ‘nepo-homebuyers' and tips to buy a first time home or get into the property ladder - Miami news - NewsLocker (14)

    A flood advisory was issued for a portion of Miami-Dade on Tuesday after an earlier severe thunderstorm warning ended. The flood advisory was in effect for the same area of Miami-Dade until 5:15 p.m. for areas including Miami, Hialeah, Miami Beach, Coral Gables, Key Biscayne, South Miami, Virginia Key, Kendall, Doral, Hialeah Gardens,Pinecrest, Miami Springs, Sweetwater, Miami Shores, North Bay...

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  • Teen arrested after crashing into FHP trooper during cross-county chase in stolen BMW

    21-05-2024 14:33 via nbcmiami.com

    Who are the ‘nepo-homebuyers' and tips to buy a first time home or get into the property ladder - Miami news - NewsLocker (15)

    An 18-year-old driver who crashed into a Florida Highway Patrol trooper while leading authorities on a cross-county chase across Miami-Dade and Broward in a stolen BMW Tuesday morning was arrested, officials said.

  • 18-year-old steals BMW and leads police in a cross-county pursuit

    21-05-2024 14:33 via nbcmiami.com

    Who are the ‘nepo-homebuyers' and tips to buy a first time home or get into the property ladder - Miami news - NewsLocker (16)

    An 18-year-old was arrested on Tuesday morning following the theft of a BMW, leading to a cross-county pursuit.

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  • Video shows fleeing robbery suspect caught after jumping into Cooper City canal

    21-05-2024 13:44 via nbcmiami.com

    Who are the ‘nepo-homebuyers' and tips to buy a first time home or get into the property ladder - Miami news - NewsLocker (17)

    A man jumped into a canal in Cooper City while fleeing from BSO deputies following a robbery Tuesday morning.

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  • Video captures the moment a man is apprehended by divers in a Cooper City canal following a robbery

    21-05-2024 13:44 via nbcmiami.com

    Who are the ‘nepo-homebuyers' and tips to buy a first time home or get into the property ladder - Miami news - NewsLocker (18)

    A man jumped into a canal in Cooper City while fleeing from BSO deputies following a robbery Tuesday morning.

    Read more

  • Miami's Little Havana on edge after alleged kidnapping, sexual assault of teen near loanDepot Park

    21-05-2024 13:12 via nbcmiami.com

    Who are the ‘nepo-homebuyers' and tips to buy a first time home or get into the property ladder - Miami news - NewsLocker (19)

    A man is facing serious charges after he allegedly kidnapped a 14-year-old girl near loanDepot Park then sexually battered her.

    Read more

  • Miami's Little Havana community on edge after alleged kidnapping, sexual assault of teen near loanDepot Park

    21-05-2024 13:12 via nbcmiami.com

    Who are the ‘nepo-homebuyers' and tips to buy a first time home or get into the property ladder - Miami news - NewsLocker (20)

    A man is facing serious charges after he allegedly kidnapped a 14-year-old girl near loanDepot Park then sexually battered her.

    Read more

  • Man accused of threatening his roommate with machete in Hialeah

    21-05-2024 12:00 via nbcmiami.com

    Who are the ‘nepo-homebuyers' and tips to buy a first time home or get into the property ladder - Miami news - NewsLocker (21)

    A man appeared in court on Monday after being accused of threatening his roommate with a machete in their Hialeah apartment.

    Read more

  • 3 drown after friends try to save teen struggling in Florida river: Deputies

    21-05-2024 11:57 via nbcmiami.com

    Who are the ‘nepo-homebuyers' and tips to buy a first time home or get into the property ladder - Miami news - NewsLocker (22)

    Three people drowned in a Lee County river over the weekend, after two friends reportedly tried to help a teen who had been struggling in the water.

    Read more

  • ‘Incredibly reckless': Visit by Cuban delegation to security areas of Miami Airport sparks outrage

    21-05-2024 11:34 via nbcmiami.com

    Who are the ‘nepo-homebuyers' and tips to buy a first time home or get into the property ladder - Miami news - NewsLocker (23)

    Miami-Dade County officials expressed their outrage after a Cuban government delegation toured security areas of MIA.

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  • ‘Incredibly reckless': Cuban delegation visit to Miami airport security areas sparks outrage

    21-05-2024 11:34 via nbcmiami.com

    Who are the ‘nepo-homebuyers' and tips to buy a first time home or get into the property ladder - Miami news - NewsLocker (24)

    Miami-Dade County officials expressed their outrage after a Cuban government delegation toured security areas of MIA.

    Read more

  • Videos show $1.8 million Hermès handbag heist at Miami Beach hotel

    21-05-2024 10:27 via nbcmiami.com

    Who are the ‘nepo-homebuyers' and tips to buy a first time home or get into the property ladder - Miami news - NewsLocker (25)

    A man is facing charges after police said he and another man stole around $1.8 million worth of designer handbags from a shop at a Miami Beach hotel.

    Read more

  • Police identify 20-year-old woman fatally shot in North Miami Beach

    21-05-2024 09:49 via nbcmiami.com

    Who are the ‘nepo-homebuyers' and tips to buy a first time home or get into the property ladder - Miami news - NewsLocker (26)

    A 20-year-old woman has been identified as the victim of a deadly shooting in North Miami Beach on Friday night.

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  • Two hospitalized after shooting in Lauderdale Lakes

    21-05-2024 09:21 via nbcmiami.com

    Who are the ‘nepo-homebuyers' and tips to buy a first time home or get into the property ladder - Miami news - NewsLocker (27)

    BSO responded to reports of a shooting near the 4000 block of Northwest 30th Terrace in Lauderdale Lakes.

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  • Florida to launch pregnancy and parenting resource website

    21-05-2024 09:20 via nbcmiami.com

    Who are the ‘nepo-homebuyers' and tips to buy a first time home or get into the property ladder - Miami news - NewsLocker (28)

    Florida families are set to have more resources when it comes to pregnancy and parenting, thanks to a new website that will launch by 2025.

    Read more

  • ‘Every time, same thing': Female driver hospitalized after crashing into Hollywood building

    21-05-2024 07:34 via nbcmiami.com

    Who are the ‘nepo-homebuyers' and tips to buy a first time home or get into the property ladder - Miami news - NewsLocker (29)

    A car crashed into the side of a wholesale flooring depot located in North 22nd Avenue and Sheridan Street early Tuesday morning.

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  • ‘Every time, same thing': Driver hospitalized after Hollywood building hit by car, again

    21-05-2024 07:34 via nbcmiami.com

    Who are the ‘nepo-homebuyers' and tips to buy a first time home or get into the property ladder - Miami news - NewsLocker (30)

    A car crashed into the side of a wholesale flooring depot located in North 22nd Avenue and Sheridan Street early Tuesday morning.

    Read more

  • Who are the ‘nepo-homebuyers' and tips to buy a first time home or get into the property ladder - Miami news - NewsLocker (2024)

    FAQs

    What are Nepo homebuyers? ›

    Last year, Redfin conducted a survey of recent movers and found that 38% of more than 500 buyers under the age of 30 either used a cash gift from a family member or an inheritance for their down payment. Redfin's Fairweather called them “nepo homebuyers,” a play on words, clearly drawing on nepotism.

    What is the nepo baby housing market? ›

    Dubbed “nepo” buyers — a reference to the “nepo baby” phenomenon where children of celebrities ride their coattails to gain a foothold on a career — a growing number in these younger generations have found the housing market increasingly unaffordable as so-called $300,000 “starter homes” have become a thing of the past ...

    Do celebrities buy their homes cash? ›

    How do celebrities pay for their homes? Just like normal customers, many celebrities take out mortgages on their homes. It all depends on their own financial situation, says Kaminsky, a top-rated Manhattan Beach agent. “It's whatever their financial advisor advises them at the time,” Kaminsky explains.

    Who are the largest group of homebuyers? ›

    Millennials Reclaim Position as Largest Group of Home Buyers
    • Millennials surpass baby boomers and become the largest group of home buyers at 38%.
    • Nearly one out of three Gen Z buyers are single females.
    • Baby boomers remain the largest generation of home sellers at 45%.
    Apr 3, 2024

    What city has the most competitive housing market? ›

    Home / Economy / Articles / Which US cities have the most competitive housing markets? These three metro areas have some of the most competitive housing markets in the country, with both low supply and high demand: San Jose-Sunnyvale-Santa Clara, California; Manchester-Nashua, New Hampshire; and Rochester, New York.

    Who has the most expensive housing market in the world? ›

    The Most Desirable Property Markets in the World
    • Monaco, Europe – $5,249.56 per sq ft.
    • Hong Kong, Asia – $4,530 per sq ft.
    • New York, USA – $2,580 per sq ft.
    • Geneva, Switzerland – $2,250 per sq ft.
    • Tokyo, Japan – $2,220 per sq ft.
    • Shanghai, China – $2,200 per sq ft.
    • London, UK – $2,090 per sq ft.
    Sep 1, 2023

    Who are the nepo babies who are buying 3 million starter homes? ›

    Meet the Nepo Babies Who Are Buying $3 Million L.A. “Starter Homes” Presley Gerber and John Owen Lowe — the scions of Cindy Crawford and Rande Gerber, and Rob Lowe (respectively) — lead a next-generation home-purchasing spree in Los Angeles.

    What is a nepo? ›

    Nepo is short for nepotism, which the Collins English Dictionary defines as 'The unfair use of power in order to get jobs or other benefits for your family or friends.

    Are 36% of Gen Z and Millennial homebuyers getting help from their parents with a downpayment? ›

    Young homebuyers are twice as likely to use family money for a down payment as they were five years ago, according to a new report from Redfin. In fact, 36% of Gen Zers and Millennials who plan to buy a home expect to receive support from family to help fund their down payment.

    What are Pacaso homes? ›

    Pacaso is a real estate service founded by former Zillow executives. It offers a modern way to buy and own a luxury second home for significantly less cost and removes the typical hassles of homeownership. Pacaso buys amazing single-family homes in top locations and creates an LLC for each home.

    How do home investors work? ›

    Investors buy houses as a business. This dynamic means that investors want to rent out, flip, or hold the home while it appreciates in value. Because real estate is a profitable investment, individuals and companies buy houses from homeowners to enhance their portfolios.

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