by Editor | Oct 4, 2024 | General News
As the scope of the loss of life, infrastructure and property damages becomes clearer, estimated U.S. damage and economic loss rises to between $225B – $250B. STATE COLLEGE, PA. – As the scope of catastrophic infrastructure damage, loss of life, business...
by Editor | Oct 4, 2024 | General News
By Franklin Schneider Home sellers who don’t use an agent are twice as likely as agent-assisted sellers to be unhappy with the results of their sale, says a study from Clever Real Estate. CRYSTAL RIVER, Fla. – Home sellers who choose to work without a real estate...
by Editor | Oct 4, 2024 | General News
Despite the Fed’s decision to reduce its benchmark interest rates, commercial investors may find that it’s too little, too late for their highly indebted properties. NEW YORK – With the recent action by the U.S. Federal Reserve to reduce its benchmark interest rates,...
by Editor | Oct 4, 2024 | General News
Fla. Office of Insurance Regulation: With 84,400 claims filed, the state’s estimated insured losses from Hurricane Helene totaled $835,853,221 on Oct. 3. TALLAHASSEE, Fla. – With 84,400 claims filed, estimated insured losses in Florida from Hurricane Helene have...
by Editor | Oct 4, 2024 | General News
The state’s general revenue collections in Aug. totaled $3.6 billion, 4.3% higher than expected, thanks to a boost from sales taxes and earnings on investments. TALLAHASSEE, Fla. – State general-revenue collections in August were 4.3% higher than projected, according...
by Editor | Oct 3, 2024 | General News
By Matt Ott The average 30-year mortgage rate rose to 6.12% from 6.08% last week. Borrowing costs on 15-year fixed-rate mortgages rose to 5.25% from 5.16%. WASHINGTON –The average rate on a 30-year mortgage in the U.S. rose to 6.12% this week, the first increase in...
