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Post Surfside Tragedy: Effects of New Condo Requirements

Tue Jan 3, 2023 by on News

  After the horrific collapse of the Champlain Towers in Surfside, the Governor signed into law that structural inspections are required of most condos over 30 years old, or 25 years old if located within three miles of the coast.  Reports of these inspections must be presented to condo owners, condo associations, and local municipalities. If the inspections show major […]

Florida: The Fastest Growing State and The Real Estate Market

Tue Jan 3, 2023 by on News

  According to a 2022 Census report, Florida now is the fastest-growing state for the first time since 1957 and the third largest state besides California and Texas. Florida’s population increased by 1.9% to 22,244,823 between 2021 and 2022. Since 1946, Florida’s percentage increase in population has fluctuated but remained positive. The advent of air conditioning in the 1950s brought […]

Are Foreclosures Necessary to Creating a Healthier Housing Market?

Wed Dec 7, 2022 by on News

Foreclosures and Loosening Credit: Reevaluating Risk In a perfect world, there would be no foreclosures, as people would have enough resources to make their monthly mortgages. We all can agree that the substantial number of foreclosures during the Great Recession was painful (some estimates indicate that 3.8 million homeowners lost their home to foreclosure from 2007 to 2010); however, the […]

Homeowner Benefit Agreements

Tue Dec 6, 2022 by on News

  Who Really Benefits? Homeowner Benefit Agreements are a type of controversial residential listing agreement between the homeowner and a real estate broker. For an upfront fee paid by the real estate broker to the homeowner, these agreements provide that the real estate broker will be the exclusive listing agent for the future sale of the homeowner’s property and shall […]