LOS ANGELES – Emily Johnson recalls her first duplex fondly — well, sort of. She rented to a friend’s sister, who ended up being “a nightmare”: The tenant smoked in the house, paid rent late and knocked on Johnson’s door at 11 p.m. with maintenance requests. Nevertheless, Johnson caught the investing bug. That experience 20 … Read more
But, experts say, while the state’s property and casualty insurance market is seeing signs of improvement, it still has a way to go. ORLANDO – The stewards of Florida’s property insurance industry refused to tamp down their enthusiasm at the Florida Chamber Insurance Summit in Orlando on Thursday. Recent legislative reforms are driving down lawsuits … Read more
The decision to rent or buy is a personal one. Anyone trying to decide should consider many factors. The decision to rent or buy is a personal one. Anyone trying to decide should consider many factors. NEW YORK – Both renting and buying come with their own set of advantages and disadvantages, and the right … Read more
MIAMI – Some people trying to buy a condominium in South Florida but getting mysteriously rejected for a mortgage could be in for a jolt: The reason they can’t get a loan may be that the condo is on a secret quasi-governmental blacklist. News media reports and data leaks to a pair of law firms … Read more
You may be able to claim ordinary activities or purchases as a cost of doing business. Anaheim, Calif. – There are three actions you need to take with your money: “Earn, keep and grow. Earn and keep more so you can invest it for growth,” said CPA and real estate tax strategist Gregory Antipoff during … Read more
Rising home prices and rents are also challenging would-be buyers to save for down payments. NEW YORK – Many would-be buyers were already feeling stretched thin by home prices that increased during the pandemic, but at least mortgage rates were low. Now that they are high, some people are just giving up, since it’s currently … Read more
Experts say couples can have a wedding and a house if they budget and set priorities. NEW YORK (AP) – Planning a wedding and buying a home are two expensive milestones in adult life. Couples with both of these goals may wonder just how they’ll pay for it all. While some couples may be fine … Read more
Fed policymakers indicated they may make three quarter-point cuts to their benchmark interest rate beginning in the second half of 2024. WASHINGTON (AP) — The Federal Reserve kept its key interest rate unchanged Wednesday for a third straight time, a sign that it is likely done raising rates after having imposed the fastest string of … Read more
New building codes and regulatory changes are in the future as Southwest Florida continues to recover from Hurricane Ian’s wrath. FORT MYERS BEACH – When it comes to once-in-a-generation hurricanes and Florida’s real estate market, one thing is clear: change is afoot. Consider Hurricane Andrew. More than three decades ago, that deadly 1992 storm … Read more
MARATHON, Fla. – The state is considering easing strict long-standing limits on development in the Florida Keys, a move that could fuel the biggest building boom in the ecologically fragile island chain in nearly a half-century. It could – at least potentially – open the door to as many as 8,000 new homes and businesses … Read more
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