Skip to Content

Category: Florida Real Estate

Consumer Confidence, the Real Estate Market, and the Percolating Economy

Thu Sep 28, 2023 on Florida Real Estate & News

Consumer Confidence, the Real Estate Market, and the Percolating Economy

There are a number of factors currently influencing the real estate market and the economy in general. Interest rates, low housing inventory, potential government shut-downs, labor strikes, inflation, and higher real estate prices have all added to a four-month low in the consumer confidence level. Why? Many consumers are concerned that the economy is headed to a recession over the […]

Buying a Home: What to Know About An Appraisal Contingency

Tue Sep 5, 2023 on Florida Real Estate

Buying a Home: What to Know About An Appraisal Contingency

If you are a homebuyer seeking a mortgage and the house you contract for appraises for less than the actual contract price, you need to fully evaluate whether to waive the so-called appraisal gap. Waivers of appraisal typically occur in high demand real estate markets, where there are more buyers seeking homes than sellers listing their homes. As a result, […]

The Calm Before The Storm

Thu Aug 24, 2023 on Florida Real Estate

The Calm Before The Storm

We are in a percolating real estate cycle which is clearly symbiotic with the economy. For some, the economy is going quite well. For example, those who have 401(k)s are generally impressed with how they have grown this year, as well as those individuals who are savers and have found that they can earn 5% in traditional money market accounts […]

Florida’s Controversial New Law: Limitations of Foreigners Acquiring Real Property

Thu Jul 6, 2023 on Florida Real Estate & News

Florida’s Controversial New Law: Limitations of Foreigners Acquiring Real Property

As of July 1, 2023, Florida’s recently enacted legislation, SB264, restricts certain foreigners from buying or owning  Florida real estate. Specifically, the new law, codified in Florida Statutes 692.202-204,  provides land ownership restriction, prohibiting “foreign principals” from owning or acquiring agricultural land or real property within ten miles of any military installation or critical infrastructure facility,  foreign principals include individuals […]