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

Florida’s business-friendly climate entices thousands of California’s Disney employees to relocate

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

Eight Florida cities made U.S. News’ top 10 best places to retire list

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’s housing market is freezing out potential buyers who can’t compete with investors

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

Experts name Navarre Beach, Florida one of the best places to live in the U.S.

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

Study finds Florida homes are overpriced by 20% with those in the Tampa area being the most expensive

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

Surfside condo collapse victims and families will receive $150M in compensation initially, judge says

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

Two South Florida developers are collaborating to bring 5 inland Crystal Lagoons to Central Florida

Courtesy: Shutterstock – Image by heru sukma cahyanto There are no beaches in Central Florida, but that may soon change after news broke that two major South Florida developers are looking to bring public access lagoons to Central Florida. According to Iván Manzur, Senior Vice President of Sales of Crystal Lagoon US Corp, Hollywood-based investment

Florida’s Real Estate Woes—How soaring homeowner insurance costs may affect buyers market

Courtesy: Shutterstock – Image by alphaspirit.it Just when it seemed like the Florida housing market was in a promising sweet spot for prospective buyers, insurance executives have reason to believe the property insurance market is casting a large shadow that may draw homeowners elsewhere. The COVID-19 pandemic created a single-home and condo buying surge in