Fla.’s Insurer-of-Last-Resort Now Has 1M+ Policies
Citizens Property Insurance Corp. hasn’t had 1M policies since 2014, and the latest surge comes despite strong efforts to lower Fla.’s potential liability.
Citizens Property Insurance Corp. hasn’t had 1M policies since 2014, and the latest surge comes despite strong efforts to lower Fla.’s potential liability.
Only 42.8% of Americans with a median income could afford a median-priced home in the second quarter of 2022 – a sharp drop from 56.9% in the first quarter.
A fixer-upper is ideal for buyers willing to invest sweat equity and live in less-than-ideal conditions. In Fla., Miami and Jacksonville rank high for fixer-uppers.
Is single-family zoning good or bad? It’s a hot issue, but affordable-housing advocates say it’s one of the problems, and Gainesville might nix it altogether.
Last week, mortgage rates dropped below 5%; this week, they changed direction. One year ago, the average 30-year, fixed-rate mortgage averaged 2.87%.
Discrimination tends to find loopholes. In the 1960s, Blacks bought homes using a land contract – but sellers held the deed and could evict for one missed payment.
Small biz owners can live on hope – hope that future deals and success will automatically create a retirement nest egg. But they need a better plan now.
Many consumers randomly watch YouTube videos, and engaging Realtors who can entertain and even be funny can build their online audience.
NAR: Median home prices in the second quarter were up 14.2%, but Fla. saw bigger gains: Of the top 10 U.S. metros for home-price increases, Fla. had 7 ranking cities.
Rent.com: $1,769 is a 39% year-to-year increase. The nationwide average monthly cost for a two-bedroom rental in August is $2,105, a 38% increase year-to-year.