Florida Home Insurance Rates – and Lawsuits – Keep Climbing

 It’s likely you received another rude surprise when you opened your latest home insurance bill this year. Rates for most Florida homeowners are continuing to rise despite reforms enacted last spring by the state legislature that were intended to curtail abusive lawsuits by third-party repair contractors and their attorneys. Instead […]

Public Transit Adds Value to Nearby Homes

Neighborhoods located within a half-mile of public transit services outperformed those farther from public transit based on a number of factors, according to a report released Monday, “The Real Estate Mantra – Locate Near Public Transportation” – a joint project from the National Association of Realtors® (NAR) and the American […]

It’s Here: Mortgage Rule Opens Door to Thousands of Condos

First-time homebuyers often opt for a condo, but rules for Federal Housing Administration (FHA) loans banned many units and complexes in Florida from participating. However, that changes on Tuesday, Oct. 15, when updated FHA rules go into effect. The new FHA condominium approval regulation – and a new Condominium Project […]

NAR Report Identifies U.S. ‘Vacation Home Counties’

Increased financial wealth and low mortgage rates boosted demand and the prices of vacation homes, according to the National Association of Realtors®’ (NAR) 2019 U.S. Vacation Home Counties Report. Over a five-year period – from 2013 to 2018 – the median sales price in vacation home counties increased at a slightly […]