Wary of Email Scams? Check Snail Mail Too
In Pennsylvania, scammers claiming late taxes use Dept. of Revenue letterhead, demand accounting records and tell businesses to call a “resolution officer.”
Survey: 60% Saw Rent Increase in Past Year
Homebuyers priced out of the market due to rising interest rates are now competing with current renters when looking for available properties.
Home Prices Still Soaring in Undervalued Cities
Increases in Miami (up 36.2%) and Honolulu (up 23.5%) reflect remote work trends, but 8 cities with “top 10” price increases are ones with still-affordable housing.
3 of 5 Central Fla. Agents Say Market Is Cooling
ORRA survey: 74% see a slowdown and 66% think the market peaked. Faced with wary buyers, one agent suggests a refinance later: “Marry the home; date the rate.”
Fla. Property Insurers Remain Strong for Now
Insurer-rater Demotech didn’t downgrade as many insurers as feared, and some it did downgrade brought scores up. Main fear now: A rough hurricane season.
Builder Confidence Now in Negative Territory
NAHB’s monthly survey of builders’ attitudes turned slightly negative this month. It’s the first negative reading since May 2020, the first month of pandemic lockdowns.