Florida Consumer Sentiment Soars

Florida Consumer Sentiment Soars

Floridians are optimistic about their personal finances over the next year, and the national economy over the next year and five years, a UF study found. GAINESVILLE, Fla. — Consumer sentiment among Floridians surged in November to 81.1, its highest level in more than...
Learn About Your FinCEN BOI Reporting Requirements

Learn About Your FinCEN BOI Reporting Requirements

Join NAR’s Legal and Advocacy Team for an important webinar on FinCEN’s BOI Reporting Rule that takes effect on Jan. 1. Noncompliant companies face a $500/day fine. ORLANDO, Fla. — Certain businesses have until January 1, 2025, to comply with the Financial...
Citizens’ Policies Drop Below 1M

Citizens’ Policies Drop Below 1M

Officials expect the number of Floridians insured by Citizens to drop to nearly 900,000 by the end of the year. Another 343,000 could be assumed by February. TALLAHASSEE, Fla. — The number of Floridians insured by Citizens Property Insurance Corp. fell below 1 million...
The Rise of Multi-Generational Home Buying

The Rise of Multi-Generational Home Buying

By Amethyst Marroquin Multi-generational living offers families financial and emotional support, stronger bonds and shared caregiving responsibilities, NAR research found. CHICAGO — The concept of multi-generational housing — homes that have adult siblings, adult...
December Rate Cut in Question

December Rate Cut in Question

By Christopher Rugaber A key member of the Fed’s Board of Governors said a December rate cut depends on economic data, warning inflation could rise again. WASHINGTON — A top Federal Reserve official said Monday that he is leaning toward supporting an interest rate cut...
Report: Families Spend 38% of Income on Mortgage

Report: Families Spend 38% of Income on Mortgage

Affordability of existing homes edged higher for both median- and low-income families between the second and third quarter, the NAHB said. WASHINGTON — A family earning the nation’s median income of $97,800 needed 38% of its income to cover the mortgage payment on a...