Florida Realtors® News
- Will Rate Cuts Help Commercial Real Estate Debt? October 4, 2024Despite 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.marlam
- AccuWeather: Helene Is One of Worst Hurricanes October 4, 2024As the scope of the loss of life, infrastructure and property damages becomes clearer, estimated U.S. damage, economic loss rises to between $225B – $250B.marlam
- Consider Using a Realtor When Selling Your Home October 4, 2024Home 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.marlam
- U.S. Labor Market Still Going Strong October 4, 2024The national unemployment rate dropped for the second month in a row, dipping to 4.1% in September. In addition, more jobs were added than economists expected.marlam
- Florida Tax Revenue Tops Projection October 4, 2024The 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.marlam
- Helene’s Estimated Insured Losses Top $835M October 4, 2024Fla. 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.marlam
- Mortgage Rates Rise, Still Well Below Last Year October 3, 2024The 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%.amyc
- NAR’s Newest Consumer Guide: MLS October 3, 2024Do your customers have questions about the role an MLS plays in a transaction? NAR’s newest guide provides valuable information.amyc
- 5 Financial Metrics Real Estate Pros Should Track October 3, 2024It’s crucial to know what your money is doing and where it’s going. Use your numbers to create a roadmap for your business.amyc
- How Low Will Interest Rates Go? October 3, 2024Mortgage rates dropped to historic lows during the pandemic, and it’s not likely to happen again. The low 5% range is more realist, Bankrate said.amyc