Luxury Real Estate Auctions Gain Popularity

Sellers have been turning to auctions when conventional sales methods don’t work, but some are seeing lower-than-expected sale prices or no sale at all.

General Revenue Tops Expectations

Florida’s general revenue reached nearly $4.176 billion in September, exceeding expectations by $28.4 million, and remained largely unaffected by Hurricane Helene.

Renter Households Outpace Owners Nationally

Redfin: Rentership rates are lower in metros where it’s more affordable to buy a home. Cape Coral has the lowest share of renter households among metros analyzed.

Federal Reserve Set to Cut Rates Again

The Federal Reserve meets later this week and is expected to cut their benchmark rate by a quarter-point. Interest rates impact mortgage rates.