It’s not for everyone, but it can be for anyone. Here’s a brief analysis from the Florida Realtors.
More to come with local numbers. But here’s the story from Florida Realtors: CLICK HERE
Well, we had lots and lots of rain even before Hermine got named. At my house, we figure somewhere between 8-10 inches early in the week.
Then the depression turned north in the Gulf, and became a tropical storm, and finally, a hurricane. Feeder bands came through, with wind gusts up to about 40 miles per hour. More rain. And a lunar tide much higher than usual. Augmented by a southerly wind that blew lots of water up into the canals and the bays.
All in all, not too bad. Sorta reminiscent of Hurricane Elena, which sat offshore in the Gulf for three days over Labor Day, 1985.
If Citizen’s Insurance company provides coverage for your home, an administrative change may leave you without much recourse, maximizing repair limits at $3,000.
This could have negative impacts on getting repairs done in a timely fashion and by whom. Once again, we find that even the right to select your repairman may be at risk.
Read about it.
There have been a LOT of floods in the news lately. And with weather (and maybe climate) turning nastier all the time, flood insurance is more important than ever.
Realtors and the National Flood Insurance Program support a recent bill that’s passed the House and headed for the Senate. It will allow homeowners to choose between the NFIP flood insurance and private flood insurance, without suffering financial penalties for returning to NFIP.
It’s a bit arcane, but this fix was needed, and should help private insurers establish a more reasonable market for their services. Here’s the story:
For those of us who live on Anna Maria Island, the ‘fixing’ will end up taking money out of our pockets. Already, flood insurance rates are going up about 18 percent each year, which means a lot to people who have such insurance on a ground-level home. For those in homes whose lowest occupied floor are at 10 feet above base flood elevation, the hit is less.
But it’s clear that something needs to be done, and not just along the coast, but along rivers, bays and other inland flood zones. It seems that this brief article leaves a lot unsaid. For example, ‘How?’
Mike Carleton, for years operating at Coastline Real Estate, has been sentenced to jail for his misdeeds in double-booking rental accommodations.
It’s a just punishment for his crimes.
Here’s the story from the Sarasota Herald-Tribune: CLICK HERE
The courts do not look kindly at people who try to evade or escape the conventions that apply to the Homestead Exemption.
Not only is it likely that folks who try to have more than one such exemption on property, even in another state, will have that exemption declined.
They could even have to pay back taxes and penalties!
It’s not enough to talk the talk about environmental concerns, so making actual strides toward saving what is an important ecosystem, in fact, one that deeply affects the quality of life on Anna Maria Island is extremely important.
Mangroves are important. The beach and water-face, where waves meet sand, is important. Storm water runoff is important.
But governmental forces seem more closely allied with the developers than with the people. And the people have spoken that they want our quality of life — based in large part on our natural environment — to be the highest it can be.
Here’s an article announcing a meeting with Suncoast Waterkeeper coming soon to AMI.
Yesterday, I posted a link to the Sarasota Area Realtor Association’s reporting of sales results in our area, featuring number of units and median sales amounts.
Here’s a less positive article from the Bradenton Herald. Same info.