Fla.’s state-operated “insurer of last resort” lowered its earlier request to an average 11.5% increase, with commercial complexes, including condos, rising 10.2%.
Just as “predictive analysis” can identify homeowners likely to sell soon, AI broker software can identify top candidates who may be willing to make a move.
To secure a home, some U.S. buyers still agree to make up the difference when a mortgage appraisal comes in at less than the contract price – an often risky move.
About 22% of U.S. mortgages are assumable from a seller to a buyer – largely federal ones, such as FHA loans – and a broker advertises that option to attract customers.
Some cities expect commercial buildings to reduce emissions or pay a tax, but both options create extra stress on pandemic-harmed structures, such as office buildings.
The PACE program helps owners upgrade their home, but Miami-Dade County, which has the lion’s share of the Fla.’s PACE agreements, could seek stricter regulations.
A tool on realtor.com helps investors estimate potential profits, but it can also help current owners decide if “rent it out” is a better financial idea than selling.
Property insurance costs aren’t completely under human control. NOAA says 2023 has had 23 billion-dollar-plus disasters so far due to changes in the climate.
U.S. households had 8.8% less to spend in 2022 (after taxes) than they did in 2021 due in part to 2021’s pandemic checks and expiring tax credits, such as some for childcare.
The few-accents, white-walls trend has faded. A growing trend this fall is “dopamine I” – decorating that focuses on happiness, color and self-expression.
