Florida Realtors News
News Archive
Ten insurers have been approved to assume up to 254,811 policies from Citizens under the depopulation program, aimed at shrinking the insurer of last resort.
The average rate on a 30-year mortgage fell to 6.26% from 6.35% last week. Borrowing costs on 15-year fixed-rate mortgages slipped to 5.41% from 5.5%.
AI and digital tools like eSignature, social media and drones are increasingly used in real estate, with clients responding positively, NAR finds.
Smart thermostats, appliances, lighting, and digital assistants make home automation easy, letting you control temperature, lights, and more remotely.
Mortgage rates have already dipped in anticipation of the Fed’s first rate cut since December. Further declines are expected to unfold over time.
U.S. housing starts fell 8.5% as affordability slowed single-family construction, but lower interest rates may boost future building.
The Federal Reserve cut its key rate to 4.1% and projected two more cuts this year as job growth slows and unemployment ticks higher.
Realtor.com’s report shows the U.S. market peaks Oct. 12–18 for buyers, while Florida’s best deals arrive late Oct.–Dec. with more listings and lower prices.
At the Florida Realtors Convention, Chief Economist Brad O’Connor said home sales remain slightly below last year's while prices stay well above pre-pandemic levels.
Florida law allows one year to start a storm claim. Helene deadline is Sept. 26, 2025. Milton deadline is Oct. 9, 2025. Supplemental claims get 18 months.