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Category: News

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 […]

Fear of Missing Out Fuels Housing Market

Mon May 2, 2022 on News

Fear of Missing Out Fuels Housing Market

While both interest rates and home prices in South Florida  have increased, there is still an upsurge in real estate investment and purchases. Typically, rising mortgage rates and higher than normal home prices would lead to a slowing of the real estate market. Yet, researchers at the Federal Reserve Bank of Dallas find that a fear of missing out or […]

Homeowner Associations Push Back Rental Investors

Tue Apr 26, 2022 on News

Homeowner Associations Push Back Rental Investors

There is a rise in homeowner associations attempting to block investors from purchasing residential properties for rental purposes. These groups claim that, by having companies buying rental properties, has actually led to a decline in property maintenance, making their neighborhoods less attractive and potentially lowering their property values. While homeowner associations typically enforce rules found in their documents, such as […]

What Does A Russian Invasion Of Ukraine Have To Do With The South Florida Real Estate Market?

Tue Feb 1, 2022 on News

What Does A Russian Invasion Of Ukraine Have To Do With The South Florida Real Estate Market?

Whether Russia invades Ukraine has not only tremendous political but also global financial consequences. The United States has already threatened sanctions targeting Russia’s ability to send money throughout the world.  Perhaps the most far-reaching financial sanction would be to block folks in Russia the ability to use the internationally renowned and recognized Belgium based SWIFT system of payments that moves […]