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September 2018 Market Report

Posted on October 25, 2018October 27, 2018 by rdantona

Florida Housing Report

MARKET UPDATE is a monthly video series published by Florida Realtors®. Hosted by Brad O'Connor, the video series provides statistics and analysis of the Florida real estate market. Topics covered include pricing, closed sales, new listings and inventory for single family homes, condos and townhomes.

National Housing Report

Posted in Market Reports

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Congress Extends Flood Ins. in Last-Minute Deal

1 October 2023

Following a “Call for Action” issued by NAR Fri. night and shared by Florida Realtors Sat., Congress and the president extended government funding to Nov. 17. [...]

Core Inflation Prices Barely Budged in Aug

29 September 2023

While inflation rose 3.5% year-to-year in Aug. – still above the Fed’s 2% goal – it was only up 0.1% month-to-month after backing out higher gas prices. [...]

RE Diversity Groups Ban Together, Target Hate

29 September 2023

A diverse group of RE professionals – Asian, Hispanic, LGBTQ+ and women – say they will jointly oppose the “vocal minority” who fight against diversity. [...]

Building Code Proven to Help During Storms

29 September 2023

But a new report suggests growth along Fla.’s coast undermines those hard-won building-code gains and fuels the rising cost of windstorm insurance. [...]

Buyers’ Tactics in the Face of High Mortgage Rates

29 September 2023

Buyers may be able to make rising mortgage rates less onerous by using one or more of these nine tips suggested by RE agents and lenders. [...]

HUD Clarifies RE Civil Rights Protections

29 September 2023

HUD joined seven other agencies, saying that “Title VI of the Civil Rights Act of 1964 prohibits antisemitism, Islamophobia and related forms of discrimination.” [...]

Mortgage Rates Hit 7.31% – a 23-Year High

28 September 2023

Last week, a 30-year, fixed-rate loan averaged 7.19%; a year ago, it was 6.70%. The last time rates were this high was in 2000 when home values weren’t going up. [...]

Shutdown Can Stop FEMA Funds for Hurricane Victims

28 September 2023

Without more funding in a new federal budget, FEMA will ration aid efforts. It still appears likely new flood policies and other RE must-haves expire at midnight Sat. [...]

NAR: Pending Sales Fell 7.1% in Aug.

28 September 2023

NAR Chief Economist Yun says “increased housing inventory and better interest rates are essential” for a real estate market rebound. [...]

Fla.-Run Citizens Policy Count Could Decrease

28 September 2023

The “insurer of last resort” lowered its end-of-year policy-count forecast to 1.3M as more private insurers offer coverage. Earlier estimates called for up to 1.7M. [...]

Bill Could Fast-Track Marijuana Industry Growth

28 September 2023

The potential-for-high-growth cannabis industry is held back by banks fearful of making loans to a segment not yet fully legal. But a bill in Congress could change that. [...]

Won’t AI Make Everyone’s Content the Same?

28 September 2023

Agents who once enjoyed an edge because they wrote dynamic content must now compete with a robot. How can agents continue to make their writing stand out? [...]

Start Spreading the News: Fla. Tops NY in Home Values

27 September 2023

Study: Fla. leaped past New York to be No. 2 in housing values, trailing only Calif. S. Fla. (No. 5) and Tampa (No. 18) made the “top 20 most valuable metros” list. [...]

Many in Congress Hope to Delay a Full Shutdown

27 September 2023

A continuing resolution (extension) may postpone the Oct. 1 government shutdown – but don’t count on it. See What a Government Shutdown Means for Realtors. [...]

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