HELOC Balances Surpassed $45,000 in 2024
HELOC balances rose 7.2% in 2024 nationwide as more homeowners tap equity amid high mortgage rates and limited refinancing options.
Appraisals Will Look Different Soon
Over a 14-month period starting in September, lenders are phasing in new appraisal reporting for all GSE-conforming loans.
Citizens Policies Down from Past Years
Citizens had 818,000 policies in May, fewer than in past years as more policies shift to private insurers. It remains Florida’s largest insurer.
Florida Consumer Sentiment Rebounds
After three months of decline, Floridians grew more optimistic in May, with stronger confidence in making major purchases and in the future of the U.S. economy.
Desantis Signs Bills Targeting Squatters
The laws speed up commercial squatter evictions and are a 2025 Florida Realtors priority. SB 322 was championed by Realtor caucus member Sen. Ana Maria Rodriguez.