Recovery Showing Momentum After Pandemic-Caused Recession
The economy grew 6.4% in 2021’s first quarter, and experts predict greater strength in the second quarter. A projected growth of 7% this year hasn’t been seen since 1984.
Jacksonville Is the Nation’s Top Metro for ‘Digital Nomads’
Where do I go if I can work anywhere? Jacksonville. A report found it a top destination, notably for young workers who love the outdoors and a reasonable cost of living.
‘Sales Tax Holiday’ Includes Other Discounts this Year
In addition to hurricane and school sales tax holidays, lawmakers added an entertainment one. Businesses can also get a tax credit up to $5M for some charity donations.
Pandemic Boosted Importance of Neighbors and Community
The pandemic lockdown boosted the value of good neighbors and communities. Buyers today want a great house, but they also want it located in a great neighborhood.
Agent Survey: Top Upgrades for Home Entertainment Areas
In the backyard, a fire pit/bench ranked first followed by upgraded lighting. In the kitchen, a bar area with seating led the list followed by a place “for gathering.”
Suez Canal Blockage? Fla.’s Own Ended a 1925 Real Estate Boom
The rising cost of lumber shows the importance of supply chains. In 1925, a sunken ship blocked Miami’s port, leading to the end of a heated market that couldn’t keep up.
Florida Legislature: What Changed in Fla. Insurance Laws?
By the time negotiations ended and bills were passed, no interested party got everything they wanted under bills passed by the Florida Legislature, including the state’s attorneys, insurers or homeowners. But changes should help maintain a viable private insurance market in the state.
More Young Buyers Snap Up Homes They’ve Never Seen
In Dec., 63% of homebuyers made an offer on a house they didn’t visit, up from 45% five months earlier. Pandemic travel fears and today’s tech are part of the reason.
Can Condos or HOAs Require Vaccination Proof to Use Amenities?
To protect residents, some boards have suggested a policy that would allow only vaccinated residents and guests, not unvaccinated ones, to access common elements.
Can a Condo Charge Movers a Fee for Staff Time?
Fla.’s condo law, unlike HOA, does contain a strict cap on what can be charged. Also: What can a board do if a resident stops a banned practice only temporarily?