Florida Realtors News
News Archive
Cape Coral–based Vision Insurance Exchange is set to launch in November, writing policies statewide, except for Monroe County, as Florida’s market stabilizes.
Mortgage applications jumped by 6.8% YoY in July and 7% from June, driven by slightly lower mortgage rates and more newly built inventory.
About 10% of mortgage applications are now for adjustable-rate mortgages, above the levels of the 2010s, with longer intro rates and tighter borrower screening.
Eligible first-time buyers can receive up to $35K for down payments and closing costs through the Hometown Heroes Housing program, a Florida Realtors' priority.
Housing starts increased 5.2% in July but affordability remains a challenge. Combined single- and multifamily starts fell 2.4% in the South YTD.
Agents can strengthen customer connections after closing with thoughtful gifts that include kitchen gadgets, cozy decor and practical household items.
From colorful bougainvillea to fragrant jasmine, the right plants can boost curb appeal while making outdoor living spaces more tranquil and vibrant.
With rates declining last week and mortgage applications for home purchases up, there's hope on the horizon for slow markets, NAR said.
Small businesses in eight Florida counties can apply for SBA low-interest loans until Sept. 15 to cover economic losses from Hurricane Milton.
Florida Peninsula is seeking its largest-ever rate cuts: 8.4% for homeowner policies and 12% for condo policies, possibly starting Oct. 31 if regulators approve.