Realtors Hunt for Homes Amid Low-Inventory
High-demand buyers keep moving to Fla., seeking luxury homes with specific features, leaving RE pros to find and persuade homeowners to sell their properties.
Gas Prices Sting U.S. Workers Who Depend on Cars
Millions of Americans who rely on their cars for work are changing their habits, signing up for carpools or riding bicycles to work as high gas prices strain budgets.
Proposed Citizens Rate Hikes Trimmed
Fla.’s “insurer of last resort” sought a 10.7% rate increase for homeowners with “multi-peril” policies, its most common; but the state approved an average 6.4% rise.
Home Affordability Hits 15-Year Low
Monthly mortgage payments in April took up 28% of a recent homebuyer’s monthly income, near the 30% threshold generally considered as “affordable,” says Zillow.
Most Popular Home Trends by State
A look at the latest trends across the U.S. show that residents in 32 states, including Florida, favor a modern style at home. Ranked at No. 2 is farmhouse chic.
Higher Rents, Remote Work Impact Tenants
TransUnion: Rents are rising faster than tenants’ income. U.S. apartment rents rose 14% from 2020 to 2021 but the median income of rental applicants is up 6%.