Pace of Interest Rate Increases Changes Deals Quickly
Florida Realtors economist: Today’s homebuyers stress over inflation and rising mortgage rates, which are pushing buyers to lower expectations and find something quickly.
Insurer Applies for New Fla. Stopgap Program
Demotech downgraded the financial rating of five Fla. insurers this week, but one quickly chose to use a new state program that can keep it in business and insuring homes.
Study: Climate Change Has Little Impact on Sales
While no one wants a life in a high-risk area, buyers generally ignore philosophical dangers and continue to pay a premium for properties in fire or flood zones.
Calif. vs. Fla. in Fight for ‘Digital Nomads’
If permanent work-from-home employees can move wherever they want, where do they go? According to Airbnb, Fla. is one of the top two destinations.
Surfside Land Sale Now Official. What’s Next?
A billionaire Middle Eastern developer pledged $120M for the roughly two-acre site. It will likely be home to a new luxury condo tower, though the start date isn’t clear.
Some Homebuyers Get a Second Chance
As more contracts fail to close, some frustrated buyers who didn’t win the bid are receiving a call a week or more later: Do they still want the home?