Expert: Owners to Rebuild After Storms

Florida Realtors chief economist said storms never seem to leave a statewide impact on the housing market. Rather, they cause a temporary lull in sales.
Read MoreAs AI Takes on Decision Making, Biases Emerge

Researchers suggest firms that use large language models do regular audits for bias and write prompts to instruct chatbots to make unbiased decisions.
Read MoreFlorida to Showcase Post-Hurricane Resilience

Florida tourism leaders plan a campaign to promote resilience and showcase unaffected areas post-Hurricanes Helene and Milton.
Read MoreNew Home Sales Surge More Than Expected

The Commerce Department said new home sales surged by 4.1%, the highest level in over a year. Economists had expected new home sales to climb by 0.5%.
Read MoreTaxpayers To Get Bigger Standard Deductions

For single taxpayers and married individuals filing separately in tax year 2025, the standard deduction is rising to $15,000 — up $400 from 2024.
Read MoreNAR Guide Empowers Buyers with Questions

NAR’s new resource, Ten Questions to Ask a Buyer’s Agent, helps buyers select the right agent by providing essential questions to ask during the process.
Read More‘Check My Contract' Website Launched

The site will help residential or commercial property insurance policyholders who have entered into a repair contract related to an insurance claim.
Read MorePending Sales Increase, Demand High

Pending sales and home tours stay strong despite rising mortgage rates, but investors are remaining cautious.
Read MoreMortgage Rates Rise to Nearly 3-Month High

Rates on 30-year mortgages rose to 6.54% from 6.44% last week, Freddie Mac said. Borrowing costs on 15-year fixed-rate mortgages rose to 5.71% from 5.63%.
Read MoreRE Q&A: What Should I Look For in a Rental?

To ensure you make the best decision, conducting thorough research on three key aspects: the neighborhood, the property’s condition and the landlord’s credibility.
Read MoreSnowbird Season Begins Amid Hurricane Recovery

Popular destinations in the state are welcoming visitors and seasonal residents while recovery efforts from Hurricanes Milton and Helene are ongoing.
Read MoreLuxury Home Market Remains Steady

Wealthy buyers are continuing to invest in Florida's luxury home market. Data from Douglas Elliman shows price increases and higher sales volumes in Q3 2024.
Read MoreRedfin: Renters Want Increase Caps

An economist says rent control worsens housing affordability in the long run. The best way to make rentals more affordable is to build more units.
Read MoreHome Equity Gains Level Off, Remain Strong

Almost half of mortgaged homeowners remain equity-rich, according to ATTOM. The portion of owners seriously underwater still close to five-year low.
Read MoreMilton, Helene Claims Exceed $4.1B

Nearly 360,000 insurance claims have been filed in Florida due to Hurricanes Milton and Helene, mostly from residential properties in the hardest-hit areas.
Read MoreShould Homeowners Act on Lower Mortgage Rates?

With mortgage rates dipping, owners can explore lowering payments or using home equity. Experts advise weighing costs, future plans and consulting a financial pro.
Read MoreFla.’s Sept. Housing Inventory Up, Prices Easing

Florida Realtors Chief Economist: Hurricane Helene disrupted the state’s RE market last month. Still, statewide inventory rose YoY for both Sept. and 3Q.
Read MoreBusiness Owners in Disaster Areas: Beware Scams

Small business owners repairing storm damage are especially vulnerable to scams due to the many employees and contractors involved after a disaster.
Read MoreZillow: Builders Shift to Condos, Townhomes

Building attached homes helps reduce land costs and offers more affordable options for budget-conscious buyers.
Read MoreNAR: Existing-Home Sales Slid 1.0% in September

Existing-home sales fell nationally 1.0% in September to a seasonally adjusted annual rate of 3.84 million. In the South, existing-home sales decreased 1.7%.
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