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New Miami Beach Laws Cracking Down on Short-Term Rentals

As an avid reader of this site, you know that we’ve had several posts about Miami Beach cracking down on short-term rentals.  In late September, the city implemented a strict new law designed to prevent widespread illegal rentals, partly resulting from previously reported issues and problems.  CNBC is...
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Existing Home Sales Down 1.5% from 2017

According to data recently released by the National Association of Realtors, existing home sales remained steady in August after four months of decline.  However, they also report that sales are down 1.5% from one year ago.  There were 1.92 million existing homes available for sale at the end...
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Housing Starts Down, Permits Rocket Up

The U.S. government is reporting that privately-owned housing starts in January were at a seasonally adjusted annual rate of 1,246,000.  This figure is 2.6% below December’s rate, but is 10.5% higher than one year ago.  Single-family housing starts in January were at a rate of 823k and the...
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