Florida’s House and Senate unanimously approve $181.5M in funding for the My Safe Florida Home Program. The program, aimed at "hardening" homes against storms, intends to reduce homeowners' insurance costs. Funding includes: - Hurricane Recovery Grant Program: $50M - Hurricane Housing Recovery Program: $25M - Rural Infrastructure Fund: $5M...
Real Estate & Mortgage News
The firms — Katzman Chandler in Fort Lauderdale and Allcock Marcus in Boston — have created a website for verified condo owners, board members and property managers can ask if their condo is ... Continue to full article...
Real Estate & Mortgage News & Market Updates | | Months Later: Florida’s Housing Laws Changing Lives
The government supported a significant apartment complex project. Escalating costs stalled a 233-unit apartment project in North Naples. Florida's Live Local Act spurred groundbreaking on an affordable housing-oriented complex....
Understanding Florida Statute 83.56: Landlord's Right to Access Rental Property Continue to full article...
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Miami-Dade County is the hottest rental market in America in 2023, due to its booming tech industry and no income tax policy. Despite a 3.7% increase in housing supply, rental costs remain high with an average rent of $3,280. The high rental demand has led to a severe housing affordability issue, with homeowners allocating a large part of their income towards housing costs. Continue to full...
Florida's insurance crisis threatens homebuyers' dream retirement as ↑ premiums hinder purchases. Home insurance costs in the state ↑ 42% yearly to $6K. This crisis is driven by ↑ reinsurance and litigation fees, pushing insurers to exit the state....
Florida's population boom demands more affordable housing; Senate Bill 102 expedites construction. Affordable housing is defined by income thresholds, allowing flexibility for developers and expedited approval.The act enables county authorization and expedited approval for affordable housing developments on commercial-zoned parcels....
Financial Strain Hits Florida: Elderly Residents May Need to Sell Homes Due to Insurance Hikes | Anthony's Corner Continue to full article...