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
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
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
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
Walt Disney World — Courtesy: Shutterstock — VIAVAL TOURS Some of the 2,000 Walt Disney Company employees who are being transferred from California to Florida are already eyeing up the housing market near Orlando. “They are already trickling in,” Armel Real Estate owner Deanna Armel told WKMG of the Disney employees looking at homes. “I’m
Couple Enjoying Retirement On the Beach – Courtesy: Shutterstock — Daniel Myjones A U.S. News report shows that Florida cities were very well-represented in U.S. News’ 2021 Best Places to Retire list. Warm weather, crystalline beaches, and low tax rates have attracted retirees to join Florida’s coast over the past few years, and it’s proven
South Florida – Housing Market – Courtesy: Shutterstock – Image by pisaphotography In South Florida, home prices continue to surge. The housing market trend has left several homebuyers either unable to find properties or in an all-out bidding war. “I’ve been looking for a home for about two years, it has been a very difficult
Navarre Beach, Florida — Courtesy: Image by McRonny from Pixabay The secret is out! Navarre, Florida’s population is exploding because it’s an amazing place to live according to experts. Navarre snagged a spot on the 2021-2022 Best Place to Live in the United States list by Money, coming in hot at No. 34. It was
Beautiful Residential Home – Courtesy: Shutterstock – Image by Mike Focus Florida homes continue to sell for much more than what they are worth, and recent buyers who paid high prices might be seeing their real estate investments pay off much later than they originally anticipated. According to a study conducted by researchers at Florida
Scene Near Champlain Towers – Courtesy: Shutterstock – Image by Felix Mizioznikov A Florida judge has announced that victims and families who suffered losses from the devastating condo collapse in Surfside, Florida will receive a minimum of $150 million to start. Miami-Dade Circuit Judge Michael Hazman stated that the sum is a total of about