Miami, FL (PRWEB) February 02, 2022 The MIAMI Association of Realtors (MIAMI) elected Fernando Arencibia, Jr., C2EX, CDPE, PSA, e-PRO® as its 2022 chairman
| 5/24/2021
Florida Realtors file lawsuit seeking end to CDC eviction moratorium
A major Florida real-estate group is challenging a federal moratorium on evicting renters during the COVID-19 pandemic. The group Florida Realtors filed a lawsuit Monday in federal court in Tampa that described the moratorium imposed by the federal Centers for Disease Control and Prevention as “an unprecedented and unlawful federal administrative order.” The lawsuit contends that the CDC overstepped its legal authority in imposing the moratorium, which is scheduled to expire June 30. [Source: News Service of Florida]
Major funding source for affordable housing in Florida slashed in half
A major funding source for affordable housing in Florida has been slashed by 50%. But an expert in the field says there could be a silver lining. The state Affordable Housing Trust Fund (known in Tallahassee as the Sadowski fund) covers things like down payment assistance for first-time homebuyers, repairs of ol
Now, It s About Elevation : Buying A South Florida Home In The Era Of Sea Level Rise usf.edu - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from usf.edu Daily Mail and Mail on Sunday newspapers.
In South Florida, top considerations for choosing a new home have shifted, thanks to climate change.
“Before it was location, location, location. Now, it’s about elevation, elevation, elevation. The new buyer has to worry about both,” said George Jalil, broker and president at Miami Way Realty.
Sea level rise doesn’t top the list of buyer or seller concerns in South Florida especially if you’re rich enough to afford the ever-skyrocketing costs of waterfront property but for budget-conscious buyers, choosing the wrong home could have expensive consequences.
In the 30-year lifespan of a typical mortgage, some parts of South Florida could start to see floodwaters regularly soak their streets, yards or even their homes. Local governments are planning on more than a foot of sea level rise by 2050, and Miami alone could see high-tide flooding about 150 times a year by then, according to a NOAA analysis. A report from consulting firm McKinsey found concern about sea rise co