Florida Realtors is deeply saddened to announce 2002 Florida Realtors President Maurice J. “Moe” Veissi died. He was 78. ORLANDO, Fla. — With a heavy heart, we announce the recent passing of 2002 Florida Realtors® President Maurice J. “Moe” Veissi, 78, founder and broker-owner of Veissi & Associates Inc. in Miami. Often affectionately referred to … Read more
The trend in increasing number of excess bedrooms is driven by both declining household sizes and by an increase in the number of bedrooms per home. SANTA CLARA, Calif. — Although your home might feel tight this holiday season, nationally, the number of extra bedrooms, defined as a bedroom that is in excess of the … Read more
Florida housing markets are set for 2025 growth with affordable homes, new construction and their appeal to younger, diverse buyers, Realtor.com said. SANTA CLARA, Calif. — Nine metro areas in Florida rank among the top 100 U.S., housing markets that are primed and ready for growth in 2025, standing out for their affordability, inventory gains driven … Read more
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
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