Property Taxes in Fla. Metros Cheaper than Most
LendingTree ranked 50 U.S. metro areas. At No. 24, Miami was solidly average, but property taxes in three other state metro areas ranked from No. 11 to No. 14.
ATTOM: Home Flips Up, Profits Down in 2021
The number of homes flipped in 2021 rose 26% year-to-year, even as the profits on each flip fell 3% – the lowest level since 2008 and a 20% drop in ROI.
How Do Real Estate Firms Succeed in the Market?
The broad goal is to make your product irresistible, and a number of marketing steps can help. In today’s world, a social media presence is also mandatory.
Fla. Regulator: Insurers Can Offer Roof Deductibles
A bill to make homeowners pay roof-replacement deductibles failed, but OIR says it can be an insurer option, such as lower premiums for owners willing to take a risk.
Regulators Eye 11% Citizens Insurance Rate Hikes
Fla.’s state-backed “insurer of last resort” requested an overall 11% rate hike effective Aug. 1, and regulators spent three hours considering it Thursday.
Realtors Celebrate Fair Housing Month
This April, Realtors celebrate the 54th anniversary of the Fair Housing Act with special events that symbolize their recommitment to expanding equal access to housing.
Judge OKs $83M for Condo Tower Property Loss
Compensation for 98 deaths after the Champlain Towers South collapse must still be determined, but owners will split $83M for property they lost.
Highest Home Price Rises in Kid-Friendly Neighborhoods
Millennials now make up the most homebuyers, and since many move with children in tow, prices in kid-friendly areas are rising faster than the general metro area.
RealTrends 500: Largest Brokerages By Sides, Volume
The 2022 survey is based on 2021 data. No. 1 for sides is HomeServices of America Inc. (388,098). For sales volume it’s Compass: $251,019,336,511.
Another Fla. Insurer Will Likely Be Dissolved
Insurers need an A rating from Demotech, a ratings firm, to remain viable, and Lighthouse Property Ins.’ loss of an A make its future business unlikely.