Spring Inventory Blooms, Buyers Remain Cautious

Spring Inventory Blooms, Buyers Remain Cautious

Pending sales fell, price cuts hit a record and inventory grew, but supply remains below pre-2020 levels as buyers tread carefully amid economic concerns. AUSTIN, Texas — The U.S. housing market saw signs of continued recovery this spring, with more homes hitting the...
Above-Average Hurricane Season Forecasted

Above-Average Hurricane Season Forecasted

By Richard Tribou Colorado State University forecasters expect 17 named storms, 9 of which will become hurricanes, with 4 reaching major hurricane strength. MIAMI — The first hurricane forecast of the year from the experts at Colorado State University released...
Florida Consumer Sentiment Drops in March

Florida Consumer Sentiment Drops in March

The decline, in line with national sentiment, was particularly pronounced among Floridians with an annual income over $50,000, a UF study found. GAINESVILLE, Fla. — Consumer sentiment in Florida declined for the second month in a row, dropping 6.6 points in March to...
Insurer to Repay $30M to Florida Hurricane Fund

Insurer to Repay $30M to Florida Hurricane Fund

By Katlyn Fernandez The insurer also agreed to pay $4M in fines and update its policies after the attorney general’s investigation found fraudulent reimbursement claims. TAMPA, Fla. — A Florida insurance company has agreed to pay more than $30 million to the...
Homeownership Costs Up to 17 Workdays Per Month

Homeownership Costs Up to 17 Workdays Per Month

The median U.S. home price is $412K, requiring 10 workdays per month to afford. In Florida, it’s 11 days. Midwest buyers need a week or less. AUSTIN, Texas – The median national home price in the U.S. is $412,000 and for Americans looking to buy a home, the magic...