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Author: Oppenheim Law

Fear of Missing Out Fuels Housing Market

Mon Apr 25, 2022 by on Real Estate

Fear of Missing Out Fuels Housing Market

While both interest rates and home prices in South Florida have increased, there is still an upsurge in real estate investment and purchases. Typically, rising mortgage rates and higher than normal home prices would lead to a slowing of the real estate market. Yet, researchers at the Federal Reserve Bank of Dallas find that a fear of missing out or […]

Homeowner Associations Push Back Rental Investors

Thu Apr 21, 2022 by on Real Estate

Homeowner Associations Push Back Rental Investors

There is a rise in homeowner associations attempting to block investors from purchasing residential properties for rental purposes. These groups claim that, by having companies buying rental properties, has actually led to a decline in property maintenance, making their neighborhoods less attractive and potentially lowering their property values. While homeowner associations typically enforce rules found in their documents, such as […]

Exactech is Knee-Deep in Lawsuits | Exactech Lawsuit

Thu Apr 7, 2022 by on Class Action Lawsuits

Exactech is Knee-Deep in Lawsuits | Exactech Lawsuit

Exactech, founded in 1988, is a Gainesville-based medical technology company that specializes in the production of devices for use in joint replacement procedures. Exactech is currently under scrutiny over claims that their knee and ankle replacement devices are wearing out faster than expected. The shorter lifespan of these devices has forced users to undergo avoidable revision surgeries at its best, […]

Silver Lining to Deflating Housing Market Bubble

Mon Apr 4, 2022 by on Real Estate

Silver Lining to Deflating Housing Market Bubble

Various economists are predicting that the home price growth will slow down. If this does not happen, home purchase prices will go further out of reach for homebuyers that the housing market overall will overheat. Already there is far more demand than supply, and far less affordable homes in reach of potential purchasers. While most of these economists prefer the […]

UPDATE: Proposed Condo Law Fails To Pass In Wake Of Surfside Tragedy

Sun Mar 20, 2022 by on Florida Real Estate

UPDATE: Proposed Condo Law Fails To Pass In Wake Of Surfside Tragedy

As we discussed in an earlier blog, the 2022 Florida State Legislature had before them a proposed law which would have created one of the strictest condo inspection and reserve funding requirements within the United States. The legislation was an attempt to prevent tragedies such as  the horrific Surfside, FL collapse last June, which raised issues of condo ownership, collective […]

Cost of Condo Ownership Likely to Rise Pending New Law In Wake of Surfside Tragedy

Mon Mar 7, 2022 by on Florida Real Estate

Cost of Condo Ownership Likely to Rise Pending New Law In Wake of Surfside Tragedy

Currently, Florida lawmakers are about to pass on a bipartisan basis one of the strictest condo inspection and reserve funding requirements within the United States. The legislation is an attempt to prevent tragedies such as  the horrific Surfside, FL collapse last June, which raised issues of condo ownership, collective responsibility for condo maintenance and upkeep, and inadequate reserves. Picture courtesy […]