Builder Confidence Slips in May on High Rates

The NAHB found that 25% of builders cut home prices to bolster sales in May. Overall, builder confidence posted its first decline since November 2023.

Another "Nice" Day For Rates, But Tomorrow is The Real Story

We've been waiting for tomorrow since April 10th.  That's the last time the Consumer Price Index (CPI) was released.  This is one of the two official consumer-focused inflation indices in the U.S. and it comes out 2 weeks before the also important PCE price index.  With inflation bein

DeSantis Signs Citizens Insurance Bill

Under the bill, some non-homesteaded properties could be moved from Citizens to surplus lines insurers, which do not face the same regulations as standard carriers.

U.S. Homeowner Equity Remains Elevated

Home equity remained strong in Q1 2024 but dipped downward from Q3 2023. Florida is home to some of the most equity-rich zip codes in the nation