A University of North Florida poll found “economy, jobs, and inflation” concerns second to “housing costs” to voters considering candidates for office in 2024.
Fla.’s business rent tax, now 5.5%, drops to 4.5% on Friday. Florida Realtors advocates for a complete elimination of the tax and sees this step as a significant victory.
Federal Reserve Gov. Christopher Waller signaled confidence in the slowing economy, saying inflation is slowly moving in the right direction.
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For a one-unit Single Family Title II forward mortgage, the base limit will be $498,257 and go as high as $1,149,825 in selected areas of Fla.
For the second month in a row, private insurers took more than 90,000 policies from the Citizens Property Insurance Corp., the state-run “insurer of last resort.”
Does a law limiting property insurance lawsuits apply to policies from before it went into effect? Appeal courts disagreed and the Fla. Supreme Court may decide.
In 2024, a conventional mortgage in most parts of Fla. (except Monroe County) will have a loan limit of $766,550, an increase of $40,350 from 2023’s $726,200.
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For the third quarter (3Q), home prices rose 5.5% year-to-year and 2.1% quarter-to-quarter as a dearth of listings pushed the rate of price increases even higher.
