恭喜發財. Wishing you prosperity. Lunar New Year, is the most important celebration observed in China, with cultural and historic significance.The New Year celebration is centered around removing the bad and the old, and welcoming the new and the good. Traditional activities include reunion dinner, cleaning houses, visiting family members, setting off...
Determining your budget starts with housing costs, especially rent, which affects essentials, savings, and discretionary spending.GOBankingRates used Apartment List's data to find avg rents for various unit types in every state....
Experts in South Florida are excited about the potential boost in confidence and deals. Residential sales are expected to rebound with lower mortgage rates. However, high costs and office/multifamily struggles linger as market eyes up....
Florida TaxWatch has released a report on unlicensed vacation rentals in the state, estimating that over 1 in 4 vacation rentals are unlicensed. The report highlights the potential costs to the state in terms of lost taxes and calls for policies to address the issue. Lawmakers are considering legislation to tackle vacation rental issues, and Florida TaxWatch is urging them to consider provisions to...
The Florida home insurance market faces a crisis as companies leave, go out of business, or decline policy renewals.6 new insurers approved in Dec 2023 offer hope, and government efforts aim to aid homeowners amidst rising rates....
Orlando and Fort Lauderdale are ranked among the top 30 rental markets in the U.S. for 2024, with Orlando at 5th and Fort Lauderdale at 26th. Renters showed increased interest in both cities, with Orlando experiencing a 105% increase in favorited listings and Fort Lauderdale seeing a 67% increase. Availability of apartments decreased in Fort Lauderdale by 38% in 2023. Continue to full article...
The Florida Legislature is working on a bill to regulate vacation rental platforms like Airbnb and VRBO. The bill aims to create uniform standards and regulations for vacation rentals, but there is opposition from local governments and concerns about the impact on communities. The bill has been approved by a Senate committee and will now go to the House for further consideration. Continue to full...
Naples: Naples offers a luxurious lifestyle with a median home price of $388K, emphasizing safety, healthcare, and recreational attractions. Ponte Vedra Beach: Ranking 3rd, Ponte Vedra Beach stands out with a high median household income of $105K, excellent schools, and popular golf events....
Research Florida's Real Estate market by identifying trends, focusing on growth areas and using online tools for updated information. Understand legal requirements, currency exchange rates, and tax laws; seek professional advice for a smoother transaction....
Florida's ongoing insurance crisis, driven by insurers leaving and increased extreme weather risk, may lead to a downturn in the real estate market. Homeowners in Florida pay the highest insurance premiums in the U.S., making it difficult to obtain mortgages. The state's private insurance market has failed, leaving many residents with limited options for coverage. The crisis could negatively...
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