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Daily Archives: March 31, 2022

RealTrends 500: Largest Brokerages By Sides, Volume

Florida RealtorsBy March 31, 2022

The 2022 survey is based on 2021 data. No. 1 for sides is HomeServices of America Inc. (388,098). For sales volume it’s Compass: $251,019,336,511.

Highest Home Price Rises in Kid-Friendly Neighborhoods

Florida RealtorsBy March 31, 2022

Millennials now make up the most homebuyers, and since many move with children in tow, prices in kid-friendly areas are rising faster than the general metro area.

Judge OKs $83M for Condo Tower Property Loss

Florida RealtorsBy March 31, 2022

Compensation for 98 deaths after the Champlain Towers South collapse must still be determined, but owners will split $83M for property they lost.

Average Weekly Mortgage Rates Soar Past 4.5%

Florida RealtorsBy March 31, 2022

At 4.67%, this week’s average rate for a 30-year, fixed-rate mortgage is up from last week’s 4.42% and notably higher than 3.18% one year ago.

Another Fla. Insurer Will Likely Be Dissolved

Florida RealtorsBy March 31, 2022

Insurers need an A rating from Demotech, a ratings firm, to remain viable, and Lighthouse Property Ins.’ loss of an A make its future business unlikely.

New SW Fla. Home Comes with Alligator in the Bedroom

Florida RealtorsBy March 31, 2022

A new Babcock Ranch home came with an alligator squatter in the main bedroom. The reptile was quickly evicted.

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