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Brace Yourself: Higher Fees Ahead For Florida Condo Owners
Owning a condo in Florida is about to become more expensive, with condo associations across the state implementing higher Florida condo fees. These increases are driven by a mix of skyrocketing insurance costs, new safety regulations, and deferred maintenance fees required for repairs. In areas like Miami, Orlando, and West Palm Beach—some of Florida’s most […]
Scandal In Luxury Real Estate: Alexander Brothers Charged With Federal Crimes
In a shocking revelation, prominent luxury real estate brokers Tal and Oren Alexander, known for their high-end deals in Manhattan and Miami Beach, were indicted on federal sex trafficking charges. The brothers, along with their sibling Alon Alexander, allegedly operated a sex trafficking scheme for more than a decade. Federal prosecutors allege the three brothers […]
Mortgage Rate Trends: Is 6.81% A Sign Of Recovery Or A Temporary Fluke?
The U.S. housing market has been in a state of flux for the past few years, with mortgage rates serving as a key indicator of its overall health. Recently, the average 30-year fixed mortgage rate dipped to 6.81%, a welcome change for many buyers. This decrease in fixed mortgage rates has coincided with a rise […]
Housing Affordability Crisis: Are Big Cities Declaring War On Algorithm-Driven Rent Hikes?
As housing costs soar across the country, the role of technology in determining rental prices has sparked heated debates. At the center of this conversation is algorithm-based rent pricing, a tool used by corporate landlords and property owners to adjust rents dynamically based on market data, housing supply, and demand. Proponents argue these systems provide […]
NYC Broker Fees: Are They Finally Dead? A Victory For Tenants
For years, tenants in New York City (NYC) have faced steep broker fees as a costly hurdle to securing a rental. These fees, typically equal to one month’s rent or more, have added a significant financial burden to the already high cost of renting apartments in one of the priciest housing markets in the country. […]
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