November 15, 2024 12:44 am
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How much does a home cost in bitcoin?

Bitcoin

BitcoinRealtorMag

The cryptocurrency is generating more buzz in real estate. Bitcoin can have a fluctuating value, but that isn’t stopping some sellers from wanting to accept the currency for their home sale.

In one recent example, a seller of a condo in Miami says he is only willing to entertain bitcoin offers. Several other listings are also showing willingness to accept the digital currency as a payment option.

Fortune recently sought to find out how many bitcoins it takes to purchase a house. The national median price for a home in November 2017 was $248,000. Using the bitcoin price as of Jan. 15, a median home would cost 17.65 bitcoins.

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Rose Law Group Reporter, which provides Dealmaker’s content and service, is contracted by Rose Law Group. Rose Law Group is a full service real estate and business Law Firm practicing in the areas of land use/entitlements, real estate transactions, real estate due diligence/project management, special districts, tax law, water law, business litigation, corporate formation, intellectual property, asset protection, data breach/privacy law, ADA compliance, estate planning, family law, cyber-law, online reputation and defamation, lobbying, energy and renewable energy, tax credits/financing, employment law, Native American law, equine law, DUIs, and medical marijuana, among others. The views expressed above are not necessarily those of Rose Law Group pc or its associates and are in no way legal advice. This blog should be used for informational purposes only. It does not create an attorney-client relationship with any reader and should not be construed as legal advice. If you need legal advice, please contact an attorney in your community who can assess the specifics of your situation.