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Is “Affordability” Becoming a Fantasy? U.S. Home Affordability Drops to 8-Year Low

Thu Apr 20, 2017 by on Florida Law News

It bothers me every day that the cost of going to college has increased eight-fold from when I went to school – that’s right 800% –  yet work-study wages have only doubled from the time I mopped floors and loaded dishwashers. What does that say about affordability in general? And particularly, one’s ability to pay for housing. With the March […]

Four Ways Millennials Are Not So Different Than Baby Boomers When It Comes to The Housing Market

Thu Apr 13, 2017 by on Florida Law News

With the ongoing rift between the baby boomers and millennials, at times it seems like a war of blame for anything that goes wrong in today’s society. However, there is a striking similarity in mindset and adjusting to the realities when it comes to the housing market. Here are the similarities between baby boomers and millennials: 1. Owning a home […]

Weak Economic Recovery Dragged by Slow Housing Market; Millennials “Share” Part of the Blame

Fri Mar 31, 2017 by on Roy Oppenheim

It’s no secret that a strong housing market is an essential part of any well balanced economy. Earlier this week, The Wall Street Journal presented troublesome figures on home buying and housing-related spending. This gave us insight, primarily citing strict credit standards, as to why the U.S. economy has not had a meaningful bounce-back as in previous post-recession recoveries. In […]

Condo Boards Finally Get Their Comeuppance

Tue Mar 7, 2017 by on Florida Law News

  Condominium ownership is an extremely popular source of home ownership in South Florida; but what most people do not know is the number of issues that arise when living in a condominium. Condominiums are managed by a board of directors that oversee all the matters dealing with the residence.  The owners of the condo units are members of the […]

The Academy Awards Best Picture Debacle

Tue Feb 28, 2017 by on Florida Law News

PricewaterhouseCoopers, the Academy, and the age-old Law School Exam question…Who is liable to whom and for what? If you have not already heard about the big mishap at Sunday night’s Academy Awards, let me give you a quick synopsis. (1) Warren Beatty and Faye Dunaway (Bonnie and Clyde) are on stage to announce the highly contested winner of the Best […]

The Elusive American Dream of Home Ownership is Morphing to Home Renting.

Mon Feb 6, 2017 by on Florida Law News

  The traditional “American Dream” of home ownership is becoming less attainable for a lot of Americans.  Since the housing crisis in 2007, the process of owning a home has created more obstacles leading many Americans to home rentals instead of purchases (if you want more information about purchasing a home, take a look at our blog from last week […]

The Race to the “Closing” Finish Line

Thu Jan 19, 2017 by on Real Estate Law

  Preparing for a marathon race can only be accomplished with the right advice and preparation to help you overcome obstacles and reach the finish line. Buying a home is analogous to the kind of preparation needed to reach the finish line. Having your real estate professional team prepare and coach you in order to avoid hurdles and make the […]