Insurance Lawsuits Drop With Reforms
Several insurance experts said fewer major hurricanes striking highly populated parts of Florida in 2023 might have contributed to the latest decline in litigation.
Redfin: Oct. Rents Flat in Florida, Nationally
New apartments are being completed at the fastest pace on record and that’s leading to rents falling in some parts of Florida.
Florida Home Prices Now Easing
Home prices in the larger metro areas, including Miami, Jacksonville, Orlando and Tampa, are declining, creating new opportunities for buyers.
Ways Agents Should Use AI for Sales
Agents can leverage AI for home listing descriptions that highlight the home’s best features, as well as help with virtual staging, design and landscaping.
NAR Board OKs Budget, Culture Transformation Plan
NAR’s Board of Directors approved the association’s operating, advocacy and consumer ad campaign budgets, among other actions.
Making Homes, Businesses More Storm Resilient
Experts said Florida has done well protecting buildings from wind damage and should now focus on protections from storm surge.
NAR: Don’t Panic as Commercial Loans Come Due
NAR’s chief economist said there’s a rebound on the horizon for commercial brokers and agents. Commercial assets will recover as the economy improves.
Hurricane Flood Claims Top 72,000
Policyholders had received about $894 million from the National Flood Insurance Program due to Hurricanes Debby, Helene and Milton.
Mortgage Rate Climb Driven by Optimism
Despite Fed rate cuts, mortgage rates rose on economic confidence even with weaker job gains and temporary factors that affected the market.
Getting Ahead: Check Your Credit Report
Review your credit reports at least every 12 months to ensure that they are accurate and complete, particularly if you plan to buy a home.