Florida Realtors News
News Archive
As artificial intelligence (AI), ChatGPT can “get to know you.” Start off by saying, “Ask me questions to help you better understand me and my business.”
Plaintiffs opposing Fla.’s foreign-buyer law submitted a preliminary-injunction request to an appeals court this week after a U.S. district judge denied the request.
Apartment construction is facing rising interest rates, declining rents and overbuilding in some areas. As a result, 2023 has seen 41% fewer new-project starts.
The U.S. added 336K jobs in Sept. – far above expectations for 162K. It says good things about the economy, but the Fed will see a big red flag in its inflation fight.
It charged a New Orleans landlord with familial status discrimination. She avoided kids by worrying “they might run into the parking lot because there’s no backyard.”
Fla. had 2 (out of 10) finalists – now it has 2 (out of 5) winners: Fort Lauderdale’s Kasia Maslanka and Palm Coast’s Sandra Shank.
Top challenges for RE firms? Affordability, inventory and new technology. One-office firms had median sales volume of $5.3M – 30% expect higher profits this year.
The office market – challenged by inflation, more natural disasters and a drop in lease income – also faces insurance costs that have risen 7.6% each year since 2017.
An AI-based, NextGen cloud platform, Titan Flood, plans to offer private flood insurance policies with the ability to provide quotes “in seconds.”
161 businesses in 25 Fla. counties hurt by Hurricane Idalia have received Fla. bridge loans as they await insurance or other help. Deadline to apply: Oct. 25.