Builders Shifting Focus to Smaller Metros
Elevated interest rates, tight lending standards and economic uncertainty remain persistent factors limiting construction growth, NAHB said.
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.
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.
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.
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.
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.
Agreement Sets Stage for Florida Budget Talks
House and Senate leaders have reached an agreement that enables lawmakers to begin hammering out details of a spending plan today, June 3.
Crypto Scam Targets RE Agents
Real estate pros are being targeted in a crypto scam where fake buyers build trust, show fake profits then steal large sums. The Secret Service and NAR urge caution.
Time to Stop Worrying About Mortgage Rates
Rather than waiting for rates to drop, buyers should be looking at all monthly costs to get a picture of what they can afford, says NAR’s deputy chief economist.
Are You Ready for Hurricane Season?
Hurricane season began June 1. Now is the time for Fla. residents to put together an emergency kit, create an evacuation plan and take other steps to prepare.