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Silver Lining to Deflating Housing Market Bubble

Mon Apr 4, 2022 by on News

Silver Lining to Deflating Housing Market Bubble

Various economists are predicting that the home price growth will slow down. If this does not happen, home purchase prices will go further out of reach for homebuyers that the housing market overall will overheat. Already there is far more demand than supply, and far less affordable homes in reach of potential purchasers. While most of these economists prefer the […]

UPDATE: Proposed Condo Law Fails To Pass In Wake Of Surfside Tragedy

Sun Mar 20, 2022 by on News

UPDATE: Proposed Condo Law Fails To Pass In Wake Of Surfside Tragedy

As we discussed in an earlier blog, the 2022 Florida State Legislature had before them a proposed law which would have created one of the strictest condo inspection and reserve funding requirements within the United States. The legislation was an attempt to prevent tragedies such as  the horrific Surfside, FL collapse last June, which raised issues of condo ownership, collective responsibility […]

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

Mon Mar 7, 2022 by on News

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 […]

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

Tue Feb 1, 2022 by 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 […]