News Archive

Commissioner Mike Yaworsky said Florida’s insurance market continues to recover after reforms, but progress will take time to show up for consumers.

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AI-driven impersonation, phishing and home improvement scams are rising. Slowing down, verifying requests and avoiding unusual payments can help prevent losses.

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Rates on 30-year mortgages dropped to 6.3% from 6.37% last week, and 15-year rates also eased, from 5.65% from 5.74% last week, Freddie Mac said.

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Common seller objections can slow a sale. Focusing on closed sales and current competition can help avoid stale listings.

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Higher material and energy costs are slowing momentum. In the South, including Florida, conditions held steady as incentives remain widely used.

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Single women now own far more homes than single men and lead in most U.S. metros, including fast-growing Florida markets where prices better match single incomes.

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Florida Realtors released Spanish versions of two contracts as reference tools. State law requires contracts be in English, so translations aren’t binding.

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Nearly 6 in 10 parents are stepping in, often contributing $25K to $100K+ to cover down payments, closing costs or help buyers qualify in a tight market.

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The settlement, if approved by the court, reaffirms prior practice changes and would release members, state and local associations, and more from liability.

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Sales in the South, including Florida, dipped 3.1% in March but remain up 2.2% year over year, NAR said. Inventory continues to limit the market’s pace nationwide.

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