Sixth Fla. Property Insurer Declared Insolvent
FedNat Insurance Co. cancelled 56.5K policies in May and agreed to transfer 83K in June, but it doesn’t have enough funds to process its existing claims.
2 Fed Officials: We Can Still Avoid a Recession
Boston Fed official acknowledged “apprehension about the possibility of a significant downturn,” but says “a more modest slowdown, while challenging, is achievable.”
Don’t Install Solar Panels on Older Roofs
A new law offers significant savings to homeowners who opt for solar roof panels within the next 10 years – but also expensive problems if an old roof needs replaced soon.
At What Point Do You Put Up Hurricane Shutters?
Shutters take time to put up and make homes feel like caves – but waiting too long is a mistake. Expert advice: Start once the NHC declares an area hurricane watch.
More Sun Belt Buyers Cancel Deals in Aug.
If a metro saw pandemic-era sales surge, it’s more likely to have skittish buyers canceling contracts in Aug. In Jacksonville, 1 out of 4 buyers walked away.
Big Drop in Percent of Buyer Bidding Wars
U.S. bidding wars dropped 2.6 percentage points between July and Aug, with Tampa dropping 11 points and Orlando down 12.4. Still, bidding wars rose 2.8 points in Miami.
Some Buyers Slowly Learn to Like Fixer-Uppers
Most buyers want a house, not a new project. But some eventually opt for a fixer-upper due to buying frustrations and the realization that sweat equity can be profitable.
Aug. Home Prices Drop a Bit in S. Fla.
In South Fla., median prices fell a bit in Aug., and many licensees see that as a good thing after months of price increases that were “neither normal nor sustainable.”
Promoting an Event on Instagram? Here’s How
A successful promotion takes planning. It should start with a two-week launch strategy that boosts content such as reels, videos, stories, etc.
Support Hometown Heroes – Support Amendment 3
Teachers, police and nurses should be able to buy a home in the communities they serve. Amendment 3’s new property tax break can help make that happen.