Florida Consumer Sentiment Rebounds

Florida Consumer Sentiment Rebounds

After three months of decline, Floridians grew more optimistic in May, with stronger confidence in making major purchases and in the future of the U.S. economy. GAINESVILLE, Fla. — After three consecutive months of declines, consumer sentiment among Floridians grew in...
Citizens’ Policies Down from Past Years

Citizens’ Policies Down from Past Years

Citizens had 818,000 policies in May, fewer than in past years as more policies shift to private insurers. It remains Florida’s largest insurer. TALLAHASSEE, Fla. —The state’s Citizens Property Insurance Corp. ended May with 818,297 policies, up from a month earlier —...
Agreement Sets Stage for Florida Budget Talks

Agreement Sets Stage for Florida Budget Talks

By Chris Porter House and Senate leaders have reached an agreement that enables lawmakers to begin hammering out details of a spending plan today, June 3. TALLAHASSEE, Fla. — Nearly a month after leaving the Capitol without passing a budget, House and Senate leaders...
Crypto Scam Targets RE Agents

Crypto Scam Targets RE Agents

By Amy Connolly Real estate pros are being targeted in a crypto scam where fake buyers build trust, show fake profits then steal large sums. The Secret Service and NAR urge caution. WASHINGTON — The U.S. Secret Service and the National Association of Realtors® is...
Time to Stop Worrying About Mortgage Rates

Time to Stop Worrying About Mortgage Rates

By Melissa Dittmann Tracey Rather than waiting for rates to drop, buyers should be looking at all monthly costs to get a picture of what they can afford, says NAR’s deputy chief economist. CHICAGO — Home buyers may need to brace for a new reality: Mortgage rates in...
RE Q&A: HOA Pay for Parking During Repairs?

RE Q&A: HOA Pay for Parking During Repairs?

By Gary M. Singer Associations must maintain common elements like parking decks and may raise dues or assess fees to cover costs, including reimbursing related resident expenses. FORT LAUDERDALE, Fla. – Question: We live in a 20-story condominium where every unit has...