Feed aggregator

Citizens Property Insurance expects to exceed more than 1M policies sometime in 2022 – and private insurers will rack up more than 1B in losses by the end of this year.

A Faberge egg on the mantle? The location of a home safe? Agents should take steps to protect their sellers’ privacy and safety when they create 3-D listing tours.

A syndicator combines money from multiple investors for a single project. Due diligence requires consideration of at least nine things – but trust tops the list.

The decline follows two months of increases. NAR’s chief economist says buyer demand remains strong, but higher prices have pushed many to wait for more inventory.

The industry has been fighting mobile-home thinking. With pre-fab, the entire home is built onsite after 50%-80% of individual elements are constructed offsite.

Crowdfunding continues to grow as a way to invest in real estate, but the SEC alleges that some investors pocketed money intended for cannabis real estate purchases.

NFIP’s Risk Rating 2.0 becomes effective on Oct. 1. Register for Florida Realtors webinar (Tue., Sept. 28) to learn the changes and best practices.

Energage sends workplace culture surveys to companies on behalf of the Orlando Sentinel, and the state Realtor association was named one of the area’s best places to work.

Florida Realtors’ data: More new listings and higher median prices – up 18% for single-family homes to $354,000; up 16.1% to $252,500 for condos – than a year ago. Single-family home sales rose just 0.2%, but condo sales were up 13.1%. Chief Economist O’Connor: Condo-townhouse market “remains the hotter market for now.”

Realtors raised almost $350K in three hours in support of disaster victims. The virtual event, part of the “Hope Rising” campaign, celebrated RRF’s 20th anniversary.

Travelers must be fully vaccinated and have a recent negative COVID-19 test if flying to the U.S., but the change could allow more buyers to physically tour homes.

The Biden administration doesn’t plan to stop FEMA’s “Risk Rating 2.0” from going into effect, leaving Congressional leaders to decide. NAR backs the new structure that charges by individual home rather than flood zone, but it’s facing opposition from other real estate groups.

How much will lumber cost in six months? When builders don’t know how much supplies will cost upon arrival, they grow skittish about quoting prices and gauging demand.

The Federal Reserve used its tools to tamp down interest rates in order to help a pandemic-harmed economy – but they’re expected to ease that support later this year.

A better-than-expected rebound came largely from the apartment-construction segment that rose 21.6% compared to a 2.8% decline in single-family-home starts.

A summer survey found that over 90% of snowbirds expected to return to Fla. this winter – but sentiments have dipped a bit since the COVID delta variant hit.

It depends on where you want to live, at least according to a new report that analyzed the top 100 U.S. metros. But no Fla. metros were in the top 10 overvalued markets.

Realtor.com: The shortfall continues and even increased by 1.4M homes since 2019. New-home construction has hit its slowest pace since 1995 and isn’t much headway.

The index rose one point to 76 this month – any number over 50 is positive – but the labor shortage and cost/availability of raw materials remain challenging.

About 850K homeowners may have their mortgages exit forbearance between Aug.-Oct. this year – a potential for tens of thousands more homes on the market.