The Eligibility of Buildings for Replacement under Code 44 of Federal Regulations 206.226 (d)(1) Property Owners who experience a disaster with their building, for example a fire or windstorm damage, …
Category: Residential Market
The unintended consequences of Dodd-Frank
This article was published by Gulf Coast Business Review – Friday, May 31, 2013The Author is Kevin F. Jursinski, a Florida Bar board-certified real estate and business litigation attorney in Fort Myers. …
Three Reasons the Housing Recovery may not last (a CNN Money Report)
This is the second time I am reading a report where economists are worried about cash buyers. The first report was about cash buyers in the Fort Myers area with …
Finally – We Are There. Real Estate Is Back!
For the last seven years real estate sales dragged on and on and the prices came down significantly. Now the drought is finally over and residential real estate is on …
Equilibrium Has Arrived
The No. 1 question in real estate of the last years was “are we there yet?” Buyers who were sitting on the fence could not wait any longer and sellers …
When in Doubt about the Economy, ask a Trucker!
Back in early 2005 when the real estate market reached never before seen heights I was hired for a marketability study. The client wanted me to investigate if a planned …
Citizens Property Insurance – Summary of 2012 Changes – so far….
After receiving literally every week Citizens Agent Communications with ever more rate increases, coverage limitations and restrictions, it is necessary to post a summary of these changes for my clients …
Are We There Yet? Real Estate Recovery Or Not?
To buy or not to buy, the $100,000-question we all would like to have answered. For the last three to four years we have observed buyers getting back into the …
2010 Florida Building Code Changes
The Florida Building Commission (FBC) reviewed a total of 827 proposed changes for the development of the 2010 Florida Building Code and approved approximately 55% of the changes submitted for …
Does your Building comply with the Aldridge-Benge Firefighters Safety Act?
When conducting real estate inspections at condominium associations, homeowner’s associations and commercial buildings for an insurance appraisal, I realize that a lot of these buildings do not comply with the …
Citizens Insurance in the Spotlight
Two recent developments in the Florida insurance world will have a great impact on residential property and insurance appraisers throughout the State of Florida. Although we had no hurricane events …
The Highlight of every Real Estate Property Inspection is on the Roof!
Although some roofs require top physical shape to get up, my favorite moment is to stand up on top of that roof. That is the moment I “own” the building, …
Citizens to Increase Commercial and Residential Policies in 2012
After the recent discussions to increase premiums for Florida condominium buildings, which are valued above the dreaded 10-million dollar threshold, and after general premium increases for all insurance carriers, Citizens …
Demystifying RCV and ACV and how it will affect your insured Real Estate
Replacement Cost Value versus Actual Cost Value Many insured property owners see the words often enough on their insurance policy, but what the real meaning is, remains for many unknown, …
Hurricane Season is Upon Us– Are You Ready?
Hurricane season officially began on June 1st and lasts until November 30th. Florida has recently been spared from serious damage, enjoying several, hurricane free years. But with forecasters predicting an …
ARE WE THERE YET? To buy or not to buy – the big question of 2011
I wish I had a crystal ball to answer that question without a doubt, but with some market insight and good statistical diagnostic it should be fairly easy to provide …
Light at the End of Tunnel?
After the Zelman Survey in December showed that apartment buildings increased occupancy and improved cap rate trends towards 8 %, REIS reported last Friday that the U.S. Office Market has …