U.S. single-family rent prices were up by 2.4% year over year in August, the lowest rate of growth recorded since last fall, CoreLogic reported.
The SBA said disaster survivors should not wait to settle with insurance companies before applying for disaster loans. Also, Milton, Helene insurance claims increased.
Returns on typical U.S. home sales remain high but dipped down quarterly and annually, ATTOM found. Median raw profits hold steady at just under $130,000.
Operation Blue Roof, which provides free tarps for damaged homes, opened for applications, and HUD announced a 90-day foreclosure moratorium on FHA-insured mortgages.
AI is being used to improve efficiency for tasks that include lead generation, scheduling meetings and follow-up communications.
September saw an uptick in activity from both buyers and sellers, Zillow said. Southern states, including Florida, have tipped towards a buyer’s market.
The back-to-back hurricanes that swept across parts of Florida have caused billions in damages, according to the latest insurance estimates.
Brokers should build a system to ensure all documentation is organized and easily accessible, which could include using transaction management software.
A rent-versus-buy calculator can help potential homeowners determine if they can afford a monthly house payment or should continue to rent.
Homeowners, renters and small businesses in Florida counties hit by Hurricane Milton can now apply for FEMA aid and state bridge loans for disaster recovery.
