Plan OK’d for Hurricane Ian Recovery Funding

FloridaCommerce: HUD has approved Fla.’s action plan for $910M in Community Development Block Grants funding for long-term recovery efforts in 20 impacted counties.

NAR: Existing-Home Sales Receded 4.1% in Oct.

Total sales fell 14.6% year-over-year. Single-family home sales were down 4.2% month-to-month and down 14.6% year-over-year. Single-family median price was $396,100.

NAR Installs 2024 Leadership

Tracy Kasper is now officially installed as NAR’s 2024 president, and Eric Sain, Florida Realtors’ 2019 president, is NAR’s 2024 VP of association affairs.

Citizens Tops 1.344M Policies

Nearly 6,000 policies were added last week. But that number could drop as 7 insurers were approved to assume as many as 202K policies from Citizens this week.