DeSantis Says Some Citizens’ Customers to Get Break

​ News & Media MIAMI – Gov. Ron DeSantis on Wednesday said that many South Florida customers of the state’s Citizens Property Insurance Corp. will receive rate decreases this year. During an appearance in Miami, DeSantis said 73% of Citizens customers with homeowners policies in Miami-Dade County will receive premium reductions. He said the average […]

Shingles Lose Wind Resistance After 10 Years

​ TALLAHASSEE, Fla. – Asphalt shingle roofs only provide full protection against hurricane winds until they are 10 years old, state officials told a panel of lawmakers on Tuesday. After they hit 10 years, degradation from the sun will weaken the shingles, which are petroleum based, to the point where they offer less and less […]

17% of Mortgaged Homes Have 6%+ Interest Rates

​ News & Media SEATTLE— Nationwide, 17.2% of U.S. homeowners with mortgages have an interest rate greater than or equal to 6%, the highest share since 2016, according to a new report from the real estate brokerage Redfin. That’s up nearly five percentage points from 12.3% in the third quarter of 2023. If this growth […]

New Listings Up Across U.S., Demand Down

​ News & Media SEATTLE — New listings of U.S. homes for sale rose 7.9% from a year earlier during the four weeks ending February 2, the biggest increase since the end of last year. That’s according to a new report from the real estate brokerage Redfin. On the buying side, pending sales have improved […]

Singles Struggle to Afford Housing Payments

​ SEATTLE — Nearly 70% of single, divorced or separated people struggle to afford their regular rent or mortgage payments, compared to just over half (52%) of married people, according to a new report from the real estate brokerage Redfin. More than three-quarters (76%) of respondents who live with their partner but aren’t married struggle with […]

2025 Ushers in Color

​ NEW YORK – Out with the old and in with the new. Interior design in 2025 is bringing in splashes of bold colors and warm metals and woods rather than the classic all-white kitchen and gray walls. According to Sharon McCormick, of Sharon McCormick Design, the new year will bring a whole new personality […]

Risks of Payment Apps for Rent

​ NEW YORK – Every landlord has a unique story and reasons for buying and renting out property. But beyond things like providing for their eventual retirement and providing someone a great place to live, the primary reason that any real estate investor rents out their property is to generate rental income. There are many […]

Owners Pay $24K Annually in Non-Mortgage Costs

​ News & Media ST. LOUIS – The typical American homeowner now spends an average of $24,529 annually, or $2,044 monthly, on home expenses in addition to their mortgage — up from $17,958 in 2024, according to new research from Real Estate Witch, an online publication owned by Clever Real Estate. Over the course of […]

HELOCs Replace Cash-Out Refinancing

​ NEW YORK — American homeowners are flush with equity these days. However, stubbornly high mortgage rates have changed the way they tap that pile of wealth. In short: Cash-out refinancing is out, and home equity lines of credit (HELOCs) are in.t Homeowner wealth still high As of late 2024, American homeowners were sitting on […]

Florida Realtors Leadership Academy: 2025 Class

​ ORLANDO, Fla. – Florida Realtors® recently selected 15 Realtor® members to participate in its 19th annual Leadership Academy. The Leadership Academy was established to identify emerging Realtor leaders ready to get involved, make a difference and enhance their leadership skills. The goal of the Academy is to empower its participants to develop the skills […]

Florida Consumer Sentiment Inches Up in January

​ GAINESVILLE, Fla. — Consumer sentiment among Floridians inched up two-tenths of a point in January to 86.9 from a revised figure of 86.7 in December. In contrast, national consumer sentiment declined for the first time in six months, dropping nearly 3 points. “Floridians begin the year with improved views about current economic conditions but […]

DeSantis Proposes $115.6B State Budget

​ TALLAHASSEE, Fla. – Gov. Ron DeSantis late Sunday proposed a $115.6 billion budget for the 2025-2026 fiscal year that calls for increasing pay for state law-enforcement officers and firefighters, eliminating a commercial-lease tax and holding a new sales-tax “holiday” on guns and ammunition. Gov. Ron DeSantis’s proposed 2025-2026 budget would positive affect some of […]