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Fla. Property Insurers Remain Strong for Now

Insurer-rater Demotech didn’t downgrade as many insurers as feared, and some it did downgrade brought scores up. Main fear now: A rough hurricane season...

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Builder Confidence Now in Negative Territory

NAHB’s monthly survey of builders’ attitudes turned slightly negative this month. It’s the first negative reading since May 2020, the first month of pandemic lockdowns...

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3 of 5 Central Fla. Agents Say Market Is Cooling

ORRA survey: 74% see a slowdown and 66% think the market peaked. Faced with wary buyers, one agent suggests a refinance later: “Marry the home; date the rate.”..

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Survey: 60% Saw Rent Increase in Past Year

Homebuyers priced out of the market due to rising interest rates are now competing with current renters when looking for available properties...

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Wary of Email Scams? Check Snail Mail Too

In Pennsylvania, scammers claiming late taxes use Dept. of Revenue letterhead, demand accounting records and tell businesses to call a “resolution officer.”..

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Home Prices Still Soaring in Undervalued Cities

Increases in Miami (up 36.2%) and Honolulu (up 23.5%) reflect remote work trends, but 8 cities with “top 10” price increases are ones with still-affordable housing...

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How to Minimize Final-Walkthrough Stress

The final walkthrough is often the ideal time for stressed buyers to get upset, and agents should prepare them for imperfections that can show up in now-empty rooms...

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2 Fla. Cities in Top 10 for ‘Where to Buy a Fixer-Upper?’

A fixer-upper is ideal for buyers willing to invest sweat equity and live in less-than-ideal conditions. In Fla., Miami and Jacksonville rank high for fixer-uppers...

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Reverse Mortgages Became Far Less Appealing

A reverse mortgage helps older adults use equity to remain in their home, but higher interest rates, lender rebates and FHA mortgage insurance deplete tappable equity...

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Fla.’s Insurer-of-Last-Resort Now Has 1M+ Policies

Citizens Property Insurance Corp. hasn’t had 1M policies since 2014, and the latest surge comes despite strong efforts to lower Fla.’s potential liability...

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