homeowners

Housing
6:00 pm
Tue July 1, 2014

South Florida Rent Increases Among The Highest In the Nation

Credit freedigitalphotos.net

According to a report published by AXIOMetrics, rent increases in Broward, Palm Beach, and Miami-Dade counties rank among the highest 25 in the nation.

For example, in Miami-Dade County the average rent rose 6.29 percent, to $1,485 a month.

Jay Denton is the vice president for research at AXIOMetrics. He says the high prices in Florida could be due to a demand which exceeds the supply.

In the report, AXIOMetrics reports occupancy rates of over 95 percent for all three South Florida counties.

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Mortgage
3:34 pm
Fri June 20, 2014

Florida Homeowners Will Receive Significant Portion of SunTrust Settlement

Credit freedigitalphotos.net

A nationwide settlement between SunTrust Mortgage and a state and federal partnership amounts to over $500 million. Nearly 40 percent of the settlement will go to Floridians who financed their homes with SunTrust.

According to Whitney Ray of the Attorney General's Office, 8,400 Floridians have been targeted for direct cash payments. They are borrowers who lost their homes to foreclosure between 2008 and 2013.

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Topical Currents
1:00 pm
Tue June 17, 2014

Condominium And Homeowner Association Call-In Program

Donna D. Berger
twitter.com/CondoandHOALaw

06/17/14 - Tuesday's Topical Currents is an “At Your Service” edition, with community association attorney, Donna Berger. After returning to the law firm Becker & Poliakoff, she has been working to create new initiatives for community associations as well as addressing service animals and emotional-support animal requests in c

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Insurance
6:08 pm
Mon September 9, 2013

Citizens Approved For 6.3 Percent Hike On Homeowners

Credit Laura A. Ogden

Homeowners covered by Citizens Property Insurance Corp. will see an average rate increase of 6.3 percent next year.

The increase, approved Monday by the Office of Insurance Regulation, is down from a 7.9 percent hike requested on the combined personal-lines and coastal accounts. Citizens officials previously said a 7.9 percent increase wouldn't be enough to cover the projected costs for next year.

The increase doesn't include sinkhole coverage.

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