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Category: Florida Real Estate

Housing Market Shift and South Florida Real Estate

Wed Jun 8, 2022 on Florida Real Estate

There is new market research that indicates that home price listings throughout the United States have been reduced 24.1% over the past few weeks. Why? With increased demand and short supply of homes, many sellers have been able to place their homes on the market for much higher prices with buyers willing to pay over their asking price. However, with […]

UPDATE: Florida Legislature Passes Condo Inspection Law in Wake of Surfside Tragedy

Tue May 31, 2022 on Florida Real Estate & News

The Florida Legislature unanimously approved a condominium safety bill, S.B. 4D,  this past week, which now awaits the Governor’s signing. Pursuant to that bill, buildings three stories or higher and thirty years old will have to undergo strict safety inspections and every ten years thereafter. Buildings within three miles of the coast must be inspected before they are twenty-five years […]

UPDATE: Proposed Condo Law Fails To Pass In Wake Of Surfside Tragedy

Mon Mar 21, 2022 on Florida Real Estate

As we discussed in an earlier blog, the 2022 Florida State Legislature had before them a proposed law which would have created one of the strictest condo inspection and reserve funding requirements within the United States. The legislation was an attempt to prevent tragedies such as  the horrific Surfside, FL collapse last June, which raised issues of condo ownership, collective responsibility […]