South Florida Law Blog

With mortgage interest rates breaking 7% as the Federal Reserve attempts to quell inflation,  there is much “doom and gloom” news about the housing market. The National Association of Realtors report decreased home contracts falling for the fourth straight month in September, down 31% compared to last September.  A typical homebuyer in October paid 77% more on their loan per […]

With increased mortgage interest rates, many sellers are debating whether to sell their homes. These sellers face the same issue as many potential home buyers: pressure from rising interest rates. Why? Unless a seller obtains a cash buyer for their property, many home buyers may not be able to afford the home they wish because of increasing interest rates. In […]

For years, we have been talking about the impact of climate change on South Florida real estate. I have said in the past that change would likely not come slowly, but that rather it will at some point, become an imminent change. With the images of the destruction from the west coast of Florida from Hurricane Ian, we see close […]

You don’t have to read  beyond the headlines to know that prices are up, and interest rates have virtually doubled in the past twenty four months.  In addition, many people have chosen not to look at their 401(k) plans or other investments because both have been down due to the current economic climate. The question is: How are these factors […]

With the ever-evolving landscape of the metaverse, holograms, and focus on artificial intelligence, futuristic cities are being developed. One such futuristic real estate project, AI x Future Cities, relies upon an artificial intelligence imaging tool that generates images based upon written prompts. Using phrases such as “futuristic towers” and “utopian technology,” real estate designs and architecture are created through the […]

OVERVIEW: Market effects of real estate Overproduction Purchasing less consumer goods With mortgage rates surging past 6% this week, the cost of home ownership is becoming more out of reach for borrowers. Some borrowers are deciding to wait, hoping that prices and rates will fall as the overall market and inflation slows with it. Other home buyers, however, are opting […]

This past Friday, August 26, 2022, Judge Jeffrey Graham of the U.S. Bankruptcy Court in Indianapolis, declined to shield 3M from continued litigation surrounding its alleged defective military earplugs. This is seen as a major setback to 3M in its attempt to shift the liability litigation to the bankruptcy court in order to resolve the claims presumably for pennies on […]

Real Estate deed fraud unfortunately is on the rise. Recently, the Sun Sentinel reported that a property owner’s vacant land was sold by a person who pretended that he was the actual landowner in order to obtain the proceeds of a fraudulent mortgage refinancing. Initially, the alleged fraudster created a company using his name as the owner of the property […]