Expectations among Florida residents about the U.S. economy over the next five years reached levels not seen since July 2021.
Tim Weisheyer, who will serve as Florida Realtors president in 2025, has served on the GOAA board since May 2021.
Personal finance author Dave Ramsey said today’s economic conditions can favor homebuyers. But when interest rates go down, prices may go up.
Modern features, such as soapstone countertops and beverage centers, signal to buyers the home is either new or recently remodeled.
In the South Atlantic Division, which includes Florida, home prices rose 1.4% in February and 7.1% year-over-year.
The vast majority of 558,299 claims from Hurricane Ian involved residential property, with others for items like auto damage. About 6% of claims remain open.
Florida is taking steps to promote insurance market stability, including passing HB 7073 in March, which reduces property insurance premiums.
