Florida Realtors News
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The money will go to public housing agencies that assist homeless vets. HUD estimates that the money will help move 7,500 more former service members off the streets.
Some veteran Realtors can live off referrals, but the industry’s digital transformation – AI chatbots, virtual tours, data analytics – favors agents with tech expertise.
A 30-year, fixed-rate loan averaged 7.09% this week, its highest level since it was 7.13% in April 2002. It also exceeds a high of 7.08% hit last fall.
In 2022, more homeowners fought rising inflation by tapping into home equity. In two years, equity lines of credit originations rose 41% as equity loans rose 166%.
Single-family housing permits – a sign of future construction activity – increased marginally by 0.6%, though overall permits dropped 13.9% as multifamily slows.
An Orlando team leader uses professional RE writers for his website and offers expansive content – blogs plus articles that complement his listings.
“Livability” is subjective, but an exhaustive study attempted to rank states based on how happy they’ll make residents. Fla. was No. 6 – but No. 1 in some categories.
The Realtors Relief Foundation, a 501(c)(3) non-profit, says the money will “assist with disaster victims’ housing payments as relief and recovery efforts continue.”
The Florida Office of Insurance Regulation says changes passed by the Fla. Legislature have attracted new insurers and removed 280K policies from Fla.-owned Citizens.
NAHB’s Aug. index fell 6 points to 50 – the break-even point between optimism and pessimism – based on higher mortgage rates and increased construction costs.