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Cost of Condo Ownership Likely to Rise Pending New Law In Wake of Surfside Tragedy

Mon Mar 7, 2022 on Florida Real Estate

Cost of Condo Ownership Likely to Rise Pending New Law In Wake of Surfside Tragedy

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 […]

Rent Control and the South Florida Estate Market

Thu Feb 24, 2022 on Florida Real Estate

Rent Control and the South Florida Estate Market

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 […]

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 […]

Is Luxury Housing All About the Brand?

Thu Jan 27, 2022 on Florida Real Estate

Is Luxury Housing All About the Brand?

“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 […]