International Women's Day, also known as IWD for short, grew out of the labour movement to become a recognized annual event by the UN.It all started in 1908 when 15K women marched through NYC demanding shorter working hours, better pay and the right to vote. Things were made official in 1975 when the United Nations started celebrating the day. International...
Real Estate & Mortgage News
Florida's community associations must submit beneficial ownership reports under the Corporate Transparency Act (CTA).The CTA poses uncertainties for property managers, with potential civil and criminal penalties....
South Florida is a hub for short-term rentals, with Miami leading the trend. Construction of rental-friendly buildings is on the rise. The area has seen a significant increase in available listings. State lawmakers are considering regulations to manage the growing trend. Continue to full article...
Two insurance companies in Florida, Castle Key Insurance and Amica Mutual Insurance, have requested rate hikes of over 50% for specialized policies such as condos and vacation homes. The Florida Office of Insurance Regulation has scheduled hearings on these requests. The rate increases are attributed to higher costs for home repairs and severe weather losses. However, experts do not believe that other...
Average Floridian homeowners pay ~$4K yearly, triple the US avg due to exits House Bill 809 aims to limit coverage to unpaid mortgage principal, potentially reducing premiums....
Avg price of single-family homes: ↓ 1.3% MoM but ↑ 4% yearly to $384,750. Active inventory of single-family homes ↑ 16% yearly to 5,148....
December 2023 saw a cooldown in Florida's housing market due to higher interest rates. High-priced housing above $1M thrived in 2023, attracting wealthier buyers, especially those purchasing with cash....
Rebecca Safier and Chris Jennings are personal finance writers with expertise in consumer loans and mortgage refinancing. They provide tips on reducing closing costs, improving credit scores, and finding the best refinance rates. They also discuss when refinancing a mortgage can be beneficial and offer a mortgage refinance calculator to help determine potential savings. Continue to full article...