Vrbo: Demand Up 40% for Pet-Friendly Rentals
The short-term rental company will add an upscale doghouse to a rental for an extra $100. It offers five styles, including a chalet with a fireplace.
Virtual Website ‘Real’ Estate Sells for Record $2.4M
As expectations for virtual “real estate” heat up, prices follow. That $2.4M buys 116 parcels (6,090-square-feet) in Decentraland, which only exists online.
Fla.’s CFO Focuses on Property Insurance Fraud
Chief Financial Officer Jimmy Patronis formed and deployed two new teams to investigate fraud – a total of 13 members that includes detectives.
Fla. Gets 22% of Foreign Investors; Miami, Orlando Lead
Foreign investors traditionally eye Miami but rising real estate costs have pushed them toward other metros, such as Orlando, Tampa and Jacksonville.
Zillow Offers Sold About Half Its Inventory So Far
A month after shutting down Zillow Offers, the company’s home-flipping, iBuyer business, Zillow will buy back stock, which fell about 60% so far this year.
Citizens Shops Plan to Reduce Policies
The Fla.-owned insurer wants fewer policies, and it’s proposed a law that would force homeowners to accept private coverage even if costs up to 20% more.
U.S. Wants More Oversight of All-Cash RE Deals
Shell companies can’t buy RE in 12 metros without identifying actual owners – a way to curtail money laundering – and the U.S. hopes to expand the program.
Risks for Home Insurers Rise in Fla.
Insurance experts: Fla. homeowners can expect to pay even more in premiums over the next decade if insurers’ losses cannot be significantly reduced.
Knowledge Is Power: 2022 Mid-Winter Meetings
Insight helps in a changing market. Florida Realtors’ 2022 Mid-Winter Business Meetings provide the edge you need to succeed.
Home Prices Keep Rising but Slowing
After increasing for 14 straight months, home price growth finally slowed in September. Experts say it’s a step in the right direction for buyers in 2022.