Thu Jul 11, 2024 on Blog, Florida Real Estate & News
As we discussed in previous blogs, new laws affecting Florida condominium ownership were presented in the aftermath of the horrific 2021 Surfside, Florida tragedy. Ultimately, the Florida State Legislature in 2022 failed to agree of a package of safety reforms which would have required inspections of older buildings, mandated monetary reserves for condominium associations, and provided public transparency for maintenance and […]
Thu Jun 27, 2024 on News
As many of you may have been reading, the Florida Supreme Court recently issued a major overhaul of the Rules of Civil Procedure, effective January 1, 2025 by issuing two separate per curium opinions which introduce substantial changes to the Florida Rules of Civil Procedure, SC2023-0962 and SC2024-0662. These changes are meant to streamline case management, encourage cooperation among parties, […]
Tue May 14, 2024 on Florida Real Estate & News
With mortgage interest rates still hovering above 7% on a 30-year fixed loan, many home buyers are seeking financing alternatives. One such option is assumable mortgages which are low-rate mortgages that home buyers take over from sellers. While popular in the 1980s when mortgage rates climbed to 18%, assumable mortgages are making a comeback. Where can one find an assumable […]
Thu Apr 11, 2024 on Blog, Florida Real Estate & News
The US Consumer Price Index, a key metric of inflation, does not include the rising price of homeowner insurance. According to Bloomberg Intelligence, increased homeowners’ insurance would have added 80 basis points or approximately .8% to the reported CPI increase of 3.4%, meaning inflation would be more like 4.6 %. By not including home insurance, the CPI does not factor […]