South Florida Law Blog

Mortgage rates have fallen to their lowest rates in modern U.S. history this past week due to the fears that the coronavirus is weakening the U.S. economy. Usually, lowering mortgage rates stimulates home sales.  However, with “breaking news” daily reporting a worsening coronavirus epidemic may ultimately lead to home buyers staying at home rather than actively going out to look […]

While we have blogged about the overall effects of the Coronavirus on the South Florida real estate market, the Federal Reserve made an emergency rate cut.  Most recently there was the unprecedented close of Washington state schools amid coronavirus fears. While it is easy to succumb to fear due to this virus and its impact on not only real estate […]

As the U.S. stock and bond markets react to the news that the coronavirus may seriously disrupt the global economy, we have also learned that the United States is not immune to the ravages of the coronavirus that is impacting many parts of the world. In particular, the CDC has  recently warned that schools, governments, as well as businesses will […]

As the election season starts, the United States is starting to wonder who will be able to lead and help this country the most. But little do they know that this person could be him/herself, and everyone else contributing to the record high multitrillion dollar personal debt. Breaking Records Bloomberg reported, quoting a report from the Fed, that household borrowing increased […]

The recent onset of the dreaded Coronavirus which has caused a global health emergency  reminiscent of the deadly SARS virus eighteen years ago. As of writing this, there are unfortunately 563 people that have died mostly in China where the outbreak originated, and many others have been quarantined on a Southeast Asian cruise ship as well as at other facilities. […]

The battle between the ever-shrinking housing supply in the United States against the rapidly increasing number of buyers has led to home prices rising. Adding this to the smaller land supply makes the already undesirable situation for those living in the country’s urban centers much worse. Affordability Is Still an Issue The JCHS State of the Nation’s Housing report shows […]

Despite the recent interest rate cuts, U.S. home sales dropped more than expected in September. A new study sheds light on the typical American homeowner now staying in their home much longer and its considerable impact on the housing market. A Growing Problem: Low Supply, Higher Prices Redfin conducted the study and determined that the typical American homeowner has spent […]

Forever 21, the 35-year old trendy teen apparel and accessory global retailer, has filed for Chapter 11 bankruptcy protection, closing a third of its 534 U.S. stores. This could potentially make way for commercial offices, housing or even medical marijuana facilities (yes, brokers have had these inquiries). The retailer has stores in South Florida malls including Aventura, Sawgrass Mills, and […]