Gov. DeSantis Calling Insurance Special Session
Dates have yet to be set for the special session, which will have as its “main focus the reform of the property insurance market,” the governor said.
Equity Motivates More Sellers
HomeLight survey: A rapid rise in equity is encouraging sellers to list their homes and they expect to make a profit; 87% say they expect more than 1 offer.
Redfin: Home Sales Fell 4% in March
Rising prices and mortgage rates sidelined buyers, even though homes sold at their fastest pace and for more above list price than any other March on record.
Home Builder Sentiment Drops for Fourth Month
NAHB/Wells Fargo Housing Market Index: Builder confidence in the new single-family home market fell 2 points to 77 in April; a year ago, it was at 83.
FORMS UPDATE: Revisions to Nonlawyer Disclosure
Florida Supreme Court has approved a Florida Bar rule change that alters the Nonlawyer disclosure; this impacts 8 landlord-tenant forms found in Form Simplicity.
Inflation Top Concern Among Real Estate Investors
Survey: 65% worry about inflation, 63% rising interest rates and 58% access to capital concerns. Still, investors continue moving forward on projects.