U.S. Asking Rents Decline to 2022 Levels

Florida has two metros with steep rent declines. The Sun Belt overall has built more housing, and in some areas, rents are falling.

Milton Caused Largest Insured Losses in 2024

Hurricane Milton caused $25B in insured losses and $38B overall. Hurricane Helene caused $56B in losses, including $16B in insured losses.

DeSantis Eyes Money for Everglades Projects

State oversight over federal money could advance Everglades restoration more quickly for water quality improvements, the governor said.

Mortgage Rates Just a Hair Lower. Friday Could be Much More Volatile

Mortgage rates are driven by movement in the bond market and bonds were on a shortened schedule today due to the federal day of mourning for Jimmy Carter.  As such, volume and volatility were in short supply. Still, overnight market movement allowed the average lender to offer a microscopic imp