South Florida Law Blog

Since late last year, residential properties in South Florida ranging from $1 million plus to over $15 million have been selling at incredible pace. Single family sales doubled, with average sales prices increasing 20.1% from $2.55 million to $3.06 million, with all cash deals more than doubling. While high-end condo market sales are arguably outpacing single family home, the overall […]

In 2021, more Americans have taken cash from cash-out refis than any time since the Financial Crisis of 2008. U.S. homeowners cashed out a record $152.7 billion in home equity last year, up from 42% since 2019 and the most since 2007, according to mortgage giant Freddie Mac. Why the uptick? The pandemic has certainly brought challenges to us all. […]

The economic downturn amid the COVID-19 pandemic has caused some to accept partial rent payments from struggling tenants. By Cedra Mayfield | March 04, 2021 at 07:16 PM | The original version of this story was published on Daily Report Online Closeup of red, white for rent sign attached, hanging on wooden apartment, house, home, building door with glass windows Landlords, beware. The economic downturn amid […]

What will homes of the future look like? While it remains to be seen, the trend is that sustainability and technology will have a tremendous impact as to how we will build and equip our homes. Some of these trends have emerged as a result of the pandemic, others were already in the making. Regardless, homes of the future will […]

Since the pandemic began, relocating to Florida has accelerated. In fact, since 2014, Florida eclipsed NY, becoming the third largest state in population behind Texas and California. People are leaving the Northeast and relocating to Florida particularly for the climate and because Florida just so happens to be one of only seven states with no state income-tax. Why Florida? Prior […]

The notion of climate change, specifically rising seas,  affecting coastal homes and properties within Florida is not necessarily novel.  We have been addressing this issue for some time, raising the question of how coastal flooding may impact the housing market in general. Yesterday, the New York Times, the Wall Street Journal, and the Sun-Sentinel all reported the same story:  Florida […]

As the Coronavirus pandemic unfortunately continues, a substantial number of U.S. homeowners are struggling to pay their mortgages. With nearly half the U.S. population jobless,  4.6 million American homeowners were in some type of non-repayment as of last month which signals that the number of those not being able to pay their mortgage will only increase. As a result, the […]

With the reopening of businesses during the general uncertainty as to when the coronavirus will be eradicated, business owners are increasingly becoming concerned about potential liability. As a result, many businesses are requiring both workers and customers to sign waivers saying they won’t sue if the catch COVID-19. The question becomes…are such waivers enforceable? While there is no federal legislation […]