- UM research: 21% of all new housing built in Fla. over past 20 years are in floodplains, which raises flooding concerns. But that figure is actually less than expected.
- Real estate Q&A: Owners ask if they have to pay those costs if they never use the amenities. If proper procedures were followed, then the answer is likely yes.
- A $13M housing plan on land owned by the Desoto County school district is proposed for 72 multifamily rentals, with district staff and teachers getting first rights.
- Fla.’s OIR: As of last week, 20,715 claims have been filed; 6,491 claims have been closed with payments made and 7,328 closed without payments.
- A glut of life sciences property has developers looking to fill it as offices, often at a discount. Values for this type of property have dropped 15-20% since 2022.
- DOJ attorneys argue a dispute about permitting authority for projects that affect the state’s wetlands should go back to a federal district judge.
- A three-judge panel will have until Dec. 6 to decide if banning TikTok will violate freedom of speech. The ban is scheduled to be implemented in January.
- Creating unique content while managing client needs can be handled with AI and other tools for personalized, consistent marketing.
- Lower rates, rising inventory and price cuts are boosting affordability and encouraging buyers to move from the sidelines.
- The rate cuts expected this week will be the first in a series that should make borrowing more affordable. Rates have already fallen in anticipation of the cuts.
- A Florida county will launch a public scorecard to track affordable housing efforts and tackle the crisis affecting lower-income workers, a statewide concern.
- Lower rates are just one factor when refinancing a home loan. It can cost thousands to refinance so consider all of the costs before signing any documents.
- Florida Realtors will be hosting webinars this week regarding practice changes, and NAR released a new Consumer Guide about compensation offers.
- Consumer sentiment edged higher for the second month and is at its highest level since May, according to the University of Michigan.
