FEMA is borrowing funds to cover flood insurance claims after Hurricanes Helene and Milton caused major damage, depleting NFIP resources from multiple floods.
NAHB said builder sentiment fell to the lowest in five months due to concerns over tariffs, mortgage rates and housing costs.
The Florida DBPR launched a website to clarify condo law changes with educational resources, FAQs and other important information.
In shared ownership, one person can finance to buy the other out or sell the home and split the equity. A legal case is costly so it’s best to reach an agreement.
Florida led the nation in cash home sales in 2024, with West Palm Beach topping the list. However, the share fell across major Florida metros.
Foreclosures rose 8% in January but dropped 7% from last year. REOs increased in 30 states. Foreclosure starts rose 8% from December but fell 4% from last year.
The share of builders that offer sales incentives has ranged between 60% and 64% since June, while between 30% and 33% have lowered prices.
The Fed is pausing rate cuts to monitor inflation and other economic factors. Future cuts depend on inflation trends and job market stability one Fed official said.
Owners of high-quality office buildings in good markets should be on better footing today than a year ago, the real estate analytics firm Green Street said.
Developers are less pessimistic than this time last year, but supply-chain problems and high interest rates remain barriers to a stronger market, the NAHB said.
AI needs to be told what role it should fulfill when writing, which means letting the tool know whether they are writing as an agent or a marketing specialist.
The home renovation experts said wood-infused architectural warmth, such as ceiling beams, trim and wall paneling, is among the 10 most popular home trends.
The program, Elevate Florida, can help eligible homeowners affected by flooding and substantial property damage who are impacted by FEMA’s 50% rule.
Costs like mortgage interest and personal property taxes up to a certain limit may be deducted to reduce tax bills, plus some home improvements in certain cases.