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DoD’s average housing subsidy sees big increase as real estate continues to get pricier
The average amount of housing subsidies the Defense Department will give out to service members in 2022 is increasing substantially compared to previous years. The Pentagon says the mean increase of basic allowance for housing (BAH) will go up by 5.1{d4d1dfc03659490934346f23c59135b993ced5bc8cc26281e129c43fe68630c9}, a wide jump from the past two years, which have averaged just below 3{d4d1dfc03659490934346f23c59135b993ced5bc8cc26281e129c43fe68630c9}. DoD will spend $25.6 billion on BAH for 2022. Depending on grade and dependency status, service members will see BAH go up by a range of $74 to $168. Allowances will not decrease. “The department is committed to the preservation of a compensation and benefit structure that provides members with an adequate standard of living…
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The LUXE Group at Oceans Luxury Continues to Smash Local Sales Records
ORMOND Seaside, Fla., Oct. 18, 2021 /PRNewswire/ — The LUXE Group, a luxurious serious estate gross sales crew at Oceans Luxury Realty, has established nevertheless a further regional income report almost particularly one yr following their 1st file-smashing sale. In Oct of 2020, The LUXE Team set the document for the maximum solitary family members ocean front dwelling sale selling price ever recorded in Ormond Seashore, with the sale of 489 Ocean Shore Blvd for $3,200,000 (3.2 Million Dollars). Now, they have set the file for maximum single-relatives household sale price tag at any time recorded in all of Volusia County at $5,117,000 (5.117 Million Pounds) for an ocean entrance…
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Real Estate news: Commercial sector continues above pre-pandemic performance | Rogersville
Commercial authentic estate continued its recovery in September even with a slump in gross sales and leases from the former month’s report large. So considerably this 12 months, transactions are up 63.4 percent. The moving common transaction craze is at a two-12 months higher level. “The restoration in NE Tenn. – SW Va. proceeds bubbling up,” claimed Northeast Tennessee Association of Realtors (NETAR) Industrial Committee Chair Cassie Petzoldt. “We’ve witnessed elevated action from sound neighborhood and out-of-spot gamers throughout the earlier 3 to six months. The neighborhood overall economy is experiencing a fairly uneven recovery, but demand from customers for industrial actual estate proceeds setting up. The region’s high transmission…
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