State lawmakers in Tallahassee recently passed a bill that gives the state more control and preempts a local government’s power to regulate things like a vacation rental’s quiet hours or overnight occupancy limit.
Supporters of the bill, like sponsor Sen. Nick DiCeglie (R-Pinellas), has said it will provide the state uniformity and allow for the regulation of vacation rentals without allowing certain local governments to over-regulate them.
The bill does set statewide overnight occupancy limits and allows local governments to maintain a registration system. However, other ordinances set forth by local municipalities like quite hours, parking limitations and number of guests reduced could be overwritten.
Source: WFTS-TV
Mortgage Rates
Continue to Decrease
The 30-year fixed-rate mortgage decreased again this week, with declines totaling almost a quarter of a percent in two weeks’ time. Despite the recent dip, mortgage rates remain high as the market contends with the pressure of sticky inflation. In this environment, there is a good possibility that rates will stay higher for a longer period of time.
