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.
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The Florida Legislature is working on a new bill to regulate vacation rental platforms like Airbnb and VRBO. The bill aims to create uniform standards and regulations for vacation rentals, addressing concerns from both local governments and property owners. However, there are still disagreements over certain aspects of the bill, such as registration fees and…
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.
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.