Opposite of the national trend, South Florida is still considered to be in a ‘seller’s market’

South Florida – Miami Skyline – Courtesy: Shutterstock – Image by Don Donelson According to a survey released on Tuesday by the Miami Association of Realtors, Miami’s real estate market is bucking the national slowdown thanks to cash purchasers, a shortage of available properties, and its appeal to foreign buyers. In Miami-Dade County, pending house

Florida’s rent control initiative is being resisted by landlords

Rent Control Issues – Orlando, FL Skyline – Courtesy: Shutterstock – Image by Sean Pavone Ballots have yet to be printed, but already a group of apartment managers, landlords, and real estate agents in the Sunshine State want to prevent voters from voting on a measure that would implement rent control for a year in

Here’s why this coastal Florida city is one of the best places in the United States to relocate

Naples, FL – Courtesy: Shutterstock – Image by Andriy Blokhin Naples has long been a favorite destination for tourists and second-home purchasers looking for a lively, amiable setting to unwind in the Sunshine State. This Gulf of Mexico city is well-known for its heavenly white-sand beaches and top-notch golf courses, but it is also quickly

According to study, Florida residents must work this many hours per week to afford housing

Neighborhood in Florida with Palm Trees – Courtesy: Shutterstock – Image by scarp577 A recent study provides some insight into how unaffordable the Sunshine State actually is as rent in Florida continues to rise rapidly. In its “Out of Reach” report, the National Low Income Housing Coalition (NLIHC) breaks down how many hours a person

When is the greatest time in Florida to buy a home?

Florida Home – Courtesy: Shutterstock – Image by Mark Winfrey Florida’s real estate market has had a distinct vantage point since COVID-19, with homes throughout the Sunshine State remaining popular during the coronavirus pandemic and continuing in the post-COVID real estate scene.  Florida homes are still greatly desired, with much fewer homes for sale than

Concerns have been raised regarding Florida’s new condo inspection law

Aerial View of Sunny Isles Beach Condo Area – Courtesy: Shutterstock – Image by Mia2you Several weeks after Florida lawmakers enacted a bill requiring existing condominiums to undergo safety assessments to maintain their structural integrity, Central Florida condominium association members had many questions regarding how the new regulations would affect owners. “It all depends on

Victims of the Surfside condo collapse may receive almost $1bn in settlement

Surfside Building Collapse Site – Courtesy: Shutterstock – Image by Felix Mizioznikov A tentative, nearly $1bn settlement has finally been reached in a class-action lawsuit brought together by the devastated families of survivors and victims of last June’s condominium collapse in Surfside, Florida, an attorney announced on Wednesday. Harley S. Tropin disclosed the $997m settlement

First-time homebuyers in South Florida struggling to find affordable homes

Homes for Sale — Courtesy: Shutterstock — Andy Dean Photography The prices of South Florida homes are skyrocketing. South Florida realtors say they have never seen a market like this before, making first-time homebuyers’ chances of owning a home slim to none. Many have ended up renewing more expensive leases and some have even moved

Florida home to be auctioned as NFT has attracted over 7,000 potential bidders

NFT (Non-Fungible Token) — Courtesy: Shutterstock — Rokas Tenys Two superheated markets, NFTs (non-fungible tokens) and real estate, have collided in what could be one of the first home auctions as an NFT. The Gulfport, Florida, house will be auctioned on Thursday with a starting price of $650,000. The home will be auctioned through a

Hard Rock buys The Mirage in Vegas for $1.1B

Hard Rock Hotel Coming to Las Vegas Strip — Courtesy: Shutterstock — Image by: Randy Andy Hard Rock International announced on Monday that it wants to see how a guitar-shaped hotel will play out at the center of the Las Vegas Strip. In what MGM Resorts International CEO and President Bill Hornbuckle called “a significant