Main Content

Local News

Rising Insurance, HOA Fees Impact Condo Market

Recent reports note Fla.’s condo market faces rising costs. But an influx of high demand during the pandemic may also be a factor influencing current conditions. FORT LAUDERDALE, Fla. – Sharp increases in what it costs to own a...

Read more

Protect Your Building and Your Investment

Protect Your Building and Your Investment Structural Integrity Reserve Studies (SIRS) and Milestone Inspections can be complex, but are essential. They are designed to improve building safety and protect residents from harm. ...

Read more

Condo Associations May Get $175K for Storm proofing

Condo Associations May Get $175K for Stormproofing By Ron Hurtibise Lawmakers are considering a My Safe Florida Condo pilot program that would help condo associations “harden” their buildings against severe weather. FORT LAUDERDALE, Fl...

Read more

Property Investors Pulled Back in 2023

Analysts expect investor purchases in 2024 to follow the muted trend in 2023, and some big investors to make deeper commitments to rentals. NEW YORK – Real-estate data and analytics firm Parcl Labs reported a 29% decline in investor purcha...

Read more

Condo Can’t Keep Records from ‘Troublemakers’

Condo Can’t Keep Records from ‘Troublemakers’ By Ron Hurtibise Judge: Condo owners don’t have to tell their boards why they want financial records, and they get to decide if their authorized representative can examine them. FORT L...

Read more

Short-Term Rentals Boomed

Short-Term Rentals Boomed –That’s Good and Bad By Amber Randall People who could work from anywhere often opted for Fla., and real estate investors found short-term-rental profits soared – but it added to buyers’ frustrations. ...

Read more

Some Condo Owners Will Face Tough Decisions

Some Condo Owners Will Face Tough Decisions By David Lyons Many older condos are fine, but new post-Surfside rules will force some owners to weigh the cost of needed repairs against the benefit of moving and selling..... FORT LAUDERDALE,...

Read more

Sellers: Study Suggests More Owners Ready to List

The current market favors sellers, but owners see slowing price increases and buyers being priced out of the market. Many who held off may decide it’s time to sell. A survey of 1,300 consumers by realtor.com, conducted in fall of 2021, rev...

Read more

NAR: Vacation Home Sales Rose 16.4% in 2020

In 2020, vacation home sales were 5.5% of total existing-home sales; in 2019, they were 5%. Vacation home median prices were up 14.2%. WASHINGTON – Vacation homes sales soared during the COVID-19 pandemic, according to a new study from the...

Read more