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Monday, December 5, 2011

Miami's billion-dollar real estate boom - from Florida Trend, Florida's Source For Business News

Miami's billion-dollar real estate boom - from Florida Trend, Florida's Source For Business News
Here's two simple facts that should spark your appetite for profits: 1: Latin America is rich in natural resources and its population peak won't arrive until 2050, much later than the U.S., China, Europe and Japan. While much of the world will be going in reverse, Latin America will experience almost guaranteed economic growth. 2: Latin American money loves South Florida. EB

Friday, December 2, 2011

Why are Florida insurance premiums rising despite six hurricane-free years? | House Keys blog

Why are Florida insurance premiums rising despite six hurricane-free years? House Keys blog

These charts show you how the insurance industry views your homeowner's policy premium. Even though no Category 3 or higher hurricane has hit any U.S. coast in over 6 years, the insurers are still recuperating from the bad cycle 6-8 years ago. In the last 10 years in Florida, the insurers did just a bit better than break-even; in other coastal states, they've fared worse. EMB