Florida Realtors News

Plaintiffs opposing Fla.’s foreign-buyer law submitted a preliminary-injunction request to an appeals court this week after a U.S. district judge denied the request.

It starts at the top with strong and involved leaders, but technology is also important, notably the tools that help keep everyone on a steady path to success.

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.

Up to 153K Citizens policies could transfer to private insurers. Owners can object only if the new cost is 20% or more  – and some may overlook the notification letter.

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.

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.

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.

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%.