Mon Nov 27, 2023 by Roy Oppenheim on News
South Florida homeowners have plenty to face from substantially high assessments to insurance issues. First, many condo owners are dealing with significant condo assessments due to new state laws that require condominiums, every few decades, to re-assess their structures and make sure that such structures remain sound. As a result, many condominium associations are assessing high amounts to these homeowners, […]
Thu Nov 23, 2023 by Roy Oppenheim on News & Personal Message
As many of you know, it has been our long standing tradition to write a Thanksgiving message to our friends and family. Originally, this year I thought I would not do so because of the very recent passing of Ellen’s father and my father-in-law, Herb Pilelsky. As way of background, I grew up in NYC and always wanted to experience […]
Thu Oct 19, 2023 by Roy Oppenheim on News
Weight loss drugs, such as Ozempic, are potential disrupters to not only business in general but also the real estate market. Why? With the popularity of such weight loss drugs, people’s overall behaviors have influenced the food industry. Walmart reported that customers taking Ozempic buy less food and which in turn, has an effect on retail space. Retail food stores […]
Thu Sep 28, 2023 by Roy Oppenheim on News
There are a number of factors currently influencing the real estate market and the economy in general. Interest rates, low housing inventory, potential government shut-downs, labor strikes, inflation, and higher real estate prices have all added to a four-month low in the consumer confidence level. Why? Many consumers are concerned that the economy is headed to a recession over the […]