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Category: Florida Real Estate

Why Adjustable Rate Mortgages May Be Back In Vogue

Tue Jul 12, 2022 on Florida Real Estate

Why Adjustable Rate Mortgages May Be Back In Vogue

With economic uncertainty in the market, many homeowners are looking to adjustable rate over fixed rate mortgages. Why? Initially adjustable-rate mortgages, or ARMs, typically offer lower rates than fixed mortgage rates and then adjust at specific intervals over the life of the loan. Currently, ARMs look attractive to those home purchasers who are concerned with both higher mortgage rates, rising […]

Housing Market Shift and South Florida Real Estate

Wed Jun 8, 2022 on Florida Real Estate

Housing Market Shift and South 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

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

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 […]