Currently, Florida lawmakers are about to pass on a bipartisan basis one of the strictest condo inspection and reserve funding requirements within the United States. The legislation is an attempt to prevent tragedies such as the horrific Surfside, FL collapse last June, which raised issues of condo ownership, collective responsibility for condo maintenance and upkeep, and inadequate reserves. Picture courtesy […]
As rents continue to escalate, many renters are being forced to move. Rents in West Palm Beach, Fort Lauderdale, and Miami have increased a little over 34% last year, leaving some people sleeping in their cars. This is at a time when inflation continues to escalate with prices rising 7.5% in January compared to last year, the largest increase since […]
“Branded” housing is definitely in vogue in South Florida. In the luxury residential real estate market, purchasers seek brand names such as Ritz Carlton, Four Seasons, Porsche, and Aston Martin as they consider homes. The number of hotel branded residences, for example, doubled from 2010 and 2020. Why? Such high-end residences provide an array of services, ranging from spas […]