Some Fla. Owners Will See Big Property Insurance Increases
State regulators approved about 100 rate-hike requests in 2020, with at least two close to 30%. But those are averages – a specific owner’s rate hike might be higher.
State regulators approved about 100 rate-hike requests in 2020, with at least two close to 30%. But those are averages – a specific owner’s rate hike might be higher.
The new president issued a formal apology, calling earlier policies “an outrage to our morals and our ideals. It was a betrayal of our commitment to fairness and equality.”
5G – the next generation of internet connecting – will change the way we collect data, drive cars, pay for devices, buy homes and make real estate marketing decisions.
Harvard housing report found that the pandemic hit low-income renters hard. Of those who earn $25K or less, more than half lost wages after the pandemic hit.
An 8-episode first-time homebuyer series on YouTube focuses on the problems that can occur during a transaction – and the Realtors who solve those problems.
Last week, a stock market surge pushed rates a bit higher. This week, the average 30-year, fixed-rate mortgage fell once again to 2.72%, its 13th record low this year.
Florida Realtors’ data: Single-family home sales up 26.9% year-over-year, median sales price up 15.6%; condo sales up 30.3%, median price up 15.9%. Chief Economist O’Connor: Strong and persistent demand, coupled with worsening inventory shortages, continued to drive up home values.
Fla. House and Senate leaders say the state needs to address the impact of rising seas on the state’s coastal communities and suggested forming work programs.
Year-to-year, Oct. sales rose 26.6%, up for the fifth month in a row. “The housing sector has performed remarkably well” considering everything, says NAR economist.
NAR Chief Economist Yun predicts low mortgage rates (3.1%) next year, a 3% home price increase, 9% existing-home sales increase and a 23% surge in new-home sales.