South Florida Law Blog

The number of homes sold last month decreased for the first time in a year, while prices remained stable. Closings in Palm Beach were down 10.0%, Broward 2.8%, and 3.5% in August as compared with last year, with the median sales price in Palm Beach being $480,000.00 (up 20% from last year); $495,000.00 in Broward (up 19%), and $500,500.00 in […]

Do you have a decent size garage? Are you looking for extra rental income? Well, look no more! There is a growing trend to convert garages into an accessory dwelling unit (or “ADUs”) to rent. What exactly is an ADU? Picture Courtesy WC Studios An ADU is a smaller, independent residential dwelling unit located on the same lot as a […]

A potential disruptor in home construction is the advent of 3-D printed homes. Not only does the use of 3-D printing obviate the current labor and supply shortages, causing an undersupply of available homes to purchase but also provides a more affordable market price for home buyers. What is a 3-D printed home? Picture courtesy interestingengineering.com 3-D printed homes are […]

Many prospective homebuyers are waiting for a correction in the housing market to purchase a home at a bargain comparable to the 2008 market crash. However, there are different factors now. The housing bubble 15 years ago was largely driven by questionable lending policies that led to a boom in new construction and a speculative frenzy. Now, prices are high […]

Published: September 2, 2021 8:59 am on WPLG Local 10 by Authors Kathleen Corso & Kristi Krueger WESTON, Fla. – Condos, apartments and single family homes: Demand for every kind of housing in South Florida has been soaring, but some experts see signs of a shift. Last month, property sales in Miami-Dade, Broward and Palm Beach counties dropped compared to July 2020. “I […]

Florida homeowners who skipped their mortgage payments due to the pandemic are now going to have to resume their payments, as forbearance periods have limits which can range up to eighteen months. While some homeowners may be able to restructure their mortgage loans or move the payments not made to the end of their loans, there still remain homeowners who […]

Monsanto, which since 2018 is owned by European pharmaceutical Bayer, is the main manufacturer of Round-up. Round-up, a glyphosate-based weedkiller, is currently at the center of a of a lawsuit in California in which plaintiffs alleged they developed cancer as a result of prolonged use of Roundup. After a long legal battle, plaintiffs in that California case have just been […]

Forecasters predict that we are on our way to a housing bubble reminiscent of 2008…but for different reasons. While the pandemic created a housing boom, with an increased demand in homes, resulting in shortages and bidding wars. Yet, this pandemic-era market is markedly different from the late 2000s housing frenzy. Then, the frenzy was due to questionable lending practices and […]