The Great Resignation Labor shortages across various industries seem to be the “new” reality these days. With a record breaking 4.3 million Americans or 2.9% of the entire workforce quitting their jobs just last month, the “Great Resignation” is arguably due to the pandemic. Factors leading to the Great Resignation include government benefits, remote working, and moving to different locations […]
American conglomerate 3M, known for manufacturing safety and other equipment for various industries, is facing multi-district litigation (MDL) in Florida over the sale of faulty dual-ended combat arms earplugs for soldiers. This MDL has become the largest in American history and it shows no signs of slowing down as the latest bellwether trial found that combat earplugs sold by 3M […]
While most of us have yet to be formally introduced to the term “Metaverse” that will change shortly as Facebook plans on changing its corporate name to embody the Metaverse world. With the recent launch of William Shatner (and others) in space, most of us realize that what we once thought was sci-fi has now become reality. The concept of […]
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 […]