Fla.-Owned Insurer Adds 17.5K Policies in March
More Fla. homeowners facing rising costs or dropped coverage from their private insurance firm are turning to Citizens, the state-owned “insurer of last resort.”
Seller Optimism Jumps in Fannie’s Monthly Survey
The Home Sentiment Index rose 5.2 points to 81.7 this month, “nearly reaching pre-pandemic levels,” finding that more owners consider it a good time to sell. However, even the number of optimistic buyers rose a bit: Attitudes about mortgage rates were the only notable decline.
Pres. Biden’s Proposed Budget Boosts Housing Programs
The fiscal year 2022 “Discretionary Funding Request” is a wish list, but it indicates priorities. The latest requests $68.7B for HUD, an increase of $9B over last year.
RE Q&A: What if Tenants in No-Dogs-Allowed Units Get a Dog?
A good renter got a dog during the term of his lease even though dogs aren’t allowed. What landlords can do is sometimes different than what they choose to do.
5 Home Remodeling Trends to Watch in 2021
Open floor plans? Out. Dedicated spaces for work and learning? In. Walls are sporting bolder, repainted colors, and more yards are turning into entertainment spaces.
Supreme Court: It’s OK to Market from Your Cellphone
Realtors can call or text a marketing message from their cellphone, providing it doesn’t have the ability to store or dial numbers automatically using a number generator.
New Fla. Law Offers Some Protection Against COVID-19 Lawsuits
The Legislature passed and Gov. DeSantis signed a new law that raises the bar for consumers who allege they got infected by COVID-19 at a Fla. business. And businesses have new protections if they’ve made a good-faith effort to comply with government guidelines.
JPMorgan CEO Foresees Post-Pandemic Boom
JPMorgan Chase CEO Jamie Dimon calls robust consumer savings and a $2T infrastructure plan the economic “Goldilocks scenario” for fast and sustained growth into 2023.
NAR: Florida Realtors Passes Calif. as Largest State Association
Realtor membership fluctuates year-to-year and even week-to-week, but NAR’s membership report on March 31 finds 5,118 more Realtors in Fla. than in No. 2 Calif.
Moving Trends Called ‘the Great Reshuffling’
Buyers are moving to smaller cities and more affordable states: renters are buying or moving out of the city. The demographic changes will impact more than real estate.