September 27, 2018 -- In the 1970’s and 80’s the goal for most people buying second homes was to have a place for the family to get away and spend most of their vacation time. Following the credit boom of the early 2000’s, vacation homeowners now expect their property to...
September 21, 2018 - On the surface, when one talks about affordable housing, many think it is just another form of charity or government assistance. In a city like Miami with extreme wage discrepancies and a cost of housing that far exceeds salaries, the need for affordable housing goes well...
September 17, 2018 - Now that the city of Miami Beach has doled out millions in fines for short-term renting, but to date only collected a tiny fraction, they are turning towards more extreme measures to ban short-term rentals. Mayor Dan Gelber has proposed criminalizing the practice by way of...
September 14, 2018 - As is typical with any market cycle, there are many social and economic factors that trigger declines in the rental market. Most typically, as is the case now, a surplus of supply and a decrease in demand is sending normally booming rental markets into a slump across the...
September 10, 2018 - As the revitalization of downtown Miami continues to heat up, the Miami Worldcenter is starting to make waves as it gets closer to opening. Many developers in Miami began shifting gears last year as they prepared for potential market changes by modifying or even canceling pending...
September 7, 2018 - We’ve talked multiple times about the impending sea level rising in Miami. Even though we all are aware that its effects are inevitable, society seems relatively unphased by the possibility of our most valuable coastal real estate becoming underwater in the near future. Developers are still...
August 31, 2018 - When buying or renting a new condo, would a $100/month discount incentivize you to rent in that building? What if it meant you would not have a parking space at the building? Would you, and could you give up your wheels to save money at the end...
August 29, 2018 - While some changes started taking place on July 1st of this year, come October 2018 there are many modifications being made to Florida condominium Home Owner’s Association rules that will become new laws for condo owners in Florida. While some were less consequential, for example allowing the...
August 22, 2018 - No one can say they haven’t been warned. Pretty much everyone except our President believes that sea level rise is no myth. While it’s widely agreed that climate change is happening, most people still seem to think that a rise of inches per year does not...
August 17, 2018 - In the ongoing debate about short-term renting in our beach towns and adjacent Miami vacation destinations, Sunny Isles Beach is facing yet another roadblock. Those looking to exercise their rights as property owners to allow renters for terms less than 6-months will now need to obtain...