Florida Insurers Cut or Hold Rates

Nine property insurance companies have  filed for 2024 rate reductions and 10 won’t be increasing rates at all. Is your company on the list?

Affordable and Workforce Housing Barriers Continue

Bankrate found that Florida buyers need to earn $114,771 to purchase a median-priced home. New construction can’t keep pace with the demand for affordable housing.

Mortgage Rates Feeling Uninspired as The Market Waits For Bigger News

It was another slow day for the mortgage market and one that joins a list of several other relatively inconsequential days in the past few weeks.  This is a byproduct of the bond market (bonds dictate rate movement) being tuned in to only a few key economic reports and events.  When these

Existing-Home Sales Retreated 1.9% in April

NAR: Existing-home sales in the South dropped 1.6% from March to an annual rate of 1.9 million in April. The median price in the South was $366,200.