Tue Jan 3, 2023 by Oppenheim Law on Florida Law News & Florida Real Estate
After the horrific collapse of the Champlain Towers in Surfside, the Governor signed into law that structural inspections are required of most condos over 30 years old, or 25 years old if located within three miles of the coast. Reports of these inspections must be presented to condo owners, condo associations, and local municipalities. If the inspections show major structural […]
Mon Dec 26, 2022 by Oppenheim Law on Florida Real Estate
According to a 2022 Census report, Florida now is the fastest-growing state for the first time since 1957 and the third largest state besides California and Texas. Florida’s population increased by 1.9% to 22,244,823 between 2021 and 2022. Since 1946, Florida’s percentage increase in population has fluctuated but remained positive. The advent of air conditioning in the 1950s brought increased […]
Wed Jan 26, 2022 by Oppenheim Law on Real Estate
“Branded” housing is definitely in vogue in South Florida. In the luxury residential real estate market, purchasers seek brand names such as Ritz Carlton, Four Seasons, Porsche, and Aston Martin as they consider homes. The number of hotel branded residences, for example, doubled from 2010 and 2020. Why? Such high-end residences provide an array of services, ranging from spas […]
Thu Sep 2, 2021 by Oppenheim Law on Florida Real Estate
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 […]
Thu Oct 15, 2020 by Oppenheim Law on Florida Real Estate & Uncategorized
The notion of climate change, specifically rising seas, affecting coastal homes and properties within Florida is not necessarily novel. We have been addressing this issue for some time, raising the question of how coastal flooding may impact the housing market in general. Yesterday, the New York Times, the Wall Street Journal, and the Sun-Sentinel all reported the same story: Florida […]
Thu Mar 5, 2020 by Oppenheim Law on Florida Real Estate
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 […]
Thu Feb 6, 2020 by Oppenheim Law on Florida Real Estate & Real Estate
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. […]
Mon Sep 23, 2019 by Oppenheim Law on Florida Real Estate & Real Estate
South Florida is positioned to continue as a prime restaurant haven as international restaurant expansions continue not only in Miami, but also in Fort Lauderdale and Palm Beach. More than 44 million tourists spent an average of $315 a person on food and beverage during their visits, for an estimated total of $8.8 billion. As a result, more and more […]
