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...
How Long Should You Wait for Rates to Drop?

How Long Should You Wait for Rates to Drop?

By David McMillin Mortgage rates remain near 7%, frustrating some buyers who expected lower costs. Experts say waiting for a big drop may not pay off, as small declines are likely. NEW YORK — Weren’t mortgage rates supposed to be lower by now? The Federal...
Rates Expected to Move Lower in 2025, 2026

Rates Expected to Move Lower in 2025, 2026

Fannie Mae forecasts mortgage rates at 6.3% by year-end 2025, boosting home sales slightly. Rates may drop further, encouraging more buyers off the sidelines. WASHINGTON — Mortgage rates are now expected to end 2025 and 2026 at 6.3% and 6.2%, respectively, downward...
How Seasonal Demand Affects Florida Rent Prices

How Seasonal Demand Affects Florida Rent Prices

Florida rental prices fluctuate with seasons – rising in winter for snowbirds, dropping in summer. Renters can save by timing leases, while owners adjust for demand. SARASOTA, Fla. — Florida’s rental market pricing fluctuates due to factors including snowbird...