A Citizens Property Insurance official said reforms passed by the Legislature are continuing to stabilize the market and depopulation efforts are progressing. TALLAHASSEE, Fla. — Changes to Florida laws — including a provision making it harder for policyholders to sue insurance companies — are working as intended to help bring the state’s property-insurance market … Read more
House prices rose as demand outpaced supply, but elevated prices and mortgage rates slowed growth. WASHINGTON – U.S. home prices rose 4.3% between the third quarter of 2023 and the third quarter of 2024, according to the Federal Housing Finance Agency (FHFA) House Price Index (FHFA HPI). House prices were up 0.7% compared to the … Read more
On a year-over-year basis, home prices rose 5.9%, which is the smallest annual increase since December. Buyer demand is coming back. SEATTLE — U.S. home prices grew 0.5% from a month earlier in October on a seasonally adjusted basis, matching September’s increase, according to a new report from the real estate brokerage Redfin. On a … Read more
October existing home sales rose 1.6% month over month and are on track to finish this year higher than last year. SEATTLE — Existing home sales rose 1.6% month over month in October — the biggest gain since January 2022 — to a seasonally adjusted annual rate of 4,179,346, according to a new report from … Read more
Pending home sales posted their biggest increase since 2021 recently, but some house hunters are starting to pull back, Redfin said. SEATTLE – Pending U.S. home sales rose 3.2% year over year during the four weeks ending October 13, the biggest increase in three years, according to a new report from the real estate brokerage … Read more
ORLANDO, Fla. — Home and business owners who need in-person help navigating hurricane-recovery resources can visit Florida Small Business Development Center Network’s mobile assistance center and Federal Emergency Management Agency (FEMA) Disaster Recovery Centers this week. The Florida SBDC, in partnership with state and federal agencies, has been on the ground in impacted communities to … Read more
The SBA said disaster survivors should not wait to settle with insurance companies before applying for disaster loans. Also, Milton, Helene insurance claims increased. ORLANDO, Fla. — The U. S. Small Business Administration (SBA) is urging business owners, homeowners and renters impacted by the recent hurricanes to apply for its Disaster Loan Program funding even … Read more
ORLANDO, Fla. – Homeowners and renters in 34 Florida counties impacted by Hurricane Milton can now apply for assistance through the Federal Emergency Management Agency. Links to /tools-research/hurricane-resources/helene-recovery-assistance-realtors-resources We have gathered resources for Realtors in Florida to help you recover and rebuild. President Joe Biden approved a major disaster declaration for Florida in the wake … Read more
UM research: 21% of all new housing built in Fla. over past 20 years are in floodplains, which raises flooding concerns. But that figure is actually less than expected. MIAMI – A nationwide analysis of community-level floodplain development found that over two-million acres of floodplain were developed over the past two decades across the United … Read more
Florida plans to add amenities to state parks including campsite, cabins and areas for outdoor activities like pickleball, golf and paddling. TALLAHASSEE, Fla. – Future visits to some of Florida’s state parks could include getting in 18 holes of golf or playing pickleball. The state Department of Environmental Protection this week announced what it has … Read more
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