Florida Realtors News
News Archive
The U.S. added 336K jobs in Sept. – far above expectations for 162K. It says good things about the economy, but the Fed will see a big red flag in its inflation fight.
It charged a New Orleans landlord with familial status discrimination. She avoided kids by worrying “they might run into the parking lot because there’s no backyard.”
Fla. had 2 (out of 10) finalists – now it has 2 (out of 5) winners: Fort Lauderdale’s Kasia Maslanka and Palm Coast’s Sandra Shank.
Top challenges for RE firms? Affordability, inventory and new technology. One-office firms had median sales volume of $5.3M – 30% expect higher profits this year.
The office market – challenged by inflation, more natural disasters and a drop in lease income – also faces insurance costs that have risen 7.6% each year since 2017.
23.5% of LGBTQ+ renters can’t rely on family/friends for financial help compared to 14% of other buyers. They also have more student loan debt, 18.4% vs. 11.4%.
An AI-based, NextGen cloud platform, Titan Flood, plans to offer private flood insurance policies with the ability to provide quotes “in seconds.”
161 businesses in 25 Fla. counties hurt by Hurricane Idalia have received Fla. bridge loans as they await insurance or other help. Deadline to apply: Oct. 25.
A 1.2-point drop to 66.3 was “not unexpected,” since Hurricane Idalia hit in Sept., say UF researchers – and “current finances” fell more than future expectations.
Four universities in Arizona and Texas will share funds to help assure “affordable, fair, and safe housing and homeownership opportunities” for Hispanic Americans.