Florida led the nation in cash home sales in 2024, with West Palm Beach topping the list. However, the share fell across major Florida metros.
NAHB said builder sentiment fell to the lowest in five months due to concerns over tariffs, mortgage rates and housing costs.
In shared ownership, one person can finance to buy the other out or sell the home and split the equity. A legal case is costly so it’s best to reach an agreement.
Foreclosures rose 8% in January but dropped 7% from last year. REOs increased in 30 states. Foreclosure starts rose 8% from December but fell 4% from last year.
Developers are less pessimistic than this time last year, but supply-chain problems and high interest rates remain barriers to a stronger market, the NAHB said.
Owners of high-quality office buildings in good markets should be on better footing today than a year ago, the real estate analytics firm Green Street said.
AI needs to be told what role it should fulfill when writing, which means letting the tool know whether they are writing as an agent or a marketing specialist.
As of Friday, Citizens had 942,810 policies; it had 941,158 a week ago. Fla.’s insurer of last resort expects the policy count to drop as depopulation continues.
The expansion of artificial intelligence options includes helping to virtually stage a home, speeding up mortgage approvals and fueling smarter property searches.
Nationwide, the typical home that sold sat on the market for 56 days — the longest of any January since 2020.
