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The Cost of Buying a Home Is up 50% From 2021

Pro Builder

Rising rates have inflated monthly mortgage payments by 50% in just one year, and popular metros like Miami are even seeing year-over-year mortgage payment increases of over 80%. For example, nationally mortgage payments are about $1,882 a month, not including property taxes or homeowners insurance. Affordability. New-Home Sales.

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Markets With Extreme Weather are Only Affordable to the Wealthy

Pro Builder

Miami Beach resident Curt Dyer says he’s spent nearly $250,000 in renovations to make his home more resilient to flooding, something that impacts the 30-year resident almost daily. Over time, this risk will increase insurance rates and make it harder to get mortgages. “We Markets With Extreme Weather are Only Affordable to the Wealthy.

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What Should You Do When There is an Accident at Your Construction Site?

Best Practices Construction Law

You probably saw last month’s report about a major accident at a construction site in downtown Miami, Florida. This should include identifying chain of command for notice purposes, identifying internal investigation team members, identifying who will be a company spokesperson, and identifying your risk management team (insurance and legal).

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Coronavirus could leave up to 11 million more Americans uninsured and cost up to 35 million their workplace health coverage as unemployment surges to more than 16.8million with predictions that in total 33 million could lose their jobs

Construction Test

As many as 11 million Americans may lose their insurance in the aftermath of the pandemic, a new report estimates. . But as employers lose business, workers lose their jobs and, with them, their health insurance, in many cases. . As people lose their jobs, they lose their health insurance as well.

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Coastal Construction Relies on Impact- and Wind-Resistant Composite Roofing

Pro Builder

Every impressive DaVinci product has achieved the Miami-Dade County Acceptance and Texas Department of Insurance criteria for high velocity hurricane winds. We know the DaVinci composite tiles are made to meet Miami Dade Code approvals, but we didn't think they'd be tested so soon," says Larry Anderson.

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A More Even Field: The Eleventh Circuit Overrules Its Precedent and Joins Most Circuits on the Applicability of Domestic FAA Grounds to Vacate Nondomestic Arbitration Awards[1]

Constructlaw

3] The decision is of significance because it brings the Eleventh Circuit — which encompasses the increasingly popular arbitration seats of Atlanta and Miami — in line with other circuit courts that have considered this issue. [4] Risk Insurers v. Risk Insurers , 141 F.3d Hidroelectrica Santa Rita S.A. but involving a non-U.S.

AIC 52
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COVID 19 Commercial Building Liability

Green Building Law Update

” It is widely accepted that while a property owner owes a duty to exercise ordinary care to keep the premises in a reasonably safe condition, it is not the insurer of the invitee’s safety. By early March lawsuits had already been filed in courts in San Francisco and Miami against Princess Cruise Lines Ltd.

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