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Impact of Retail Store Closures on Real Estate

Thu Aug 15, 2024 by on News

As more and more consumers shop online, the need for large malls has overall decreased. Other reasons for less consumer mall traffic include inflation and changing consumer preferences. Recently, the department store Macy’s has announced that it will close approximately 150 stores throughout the United States by 2027. This has a huge impact on the overall real estate market, as […]

How Upcoming Interest Rate Declines and Recession Talk Will Impact You and the So FLO Real Estate Market

Fri Aug 2, 2024 by on News

The Federal Reserve’s recent announcement of a likely interest rate cut has stirred up the South Florida real estate market. Why? Typically, as the Federal Reserve lowers its interest rate, mortgage rates generally fall as well. Consequently, lower mortgage rates would inevitably increase homeowners’ listings and mortgage applications. With more homeowners listing their homes, the housing supply will alleviate the […]

New Florida Condo Rules: What You Need to Know!

Mon Jul 8, 2024 by on 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 […]

The New Florida Rules of Civil Procedure: How Will They Affect You?

Mon Jun 24, 2024 by 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, […]