Real Estate & Mortgage News

Real Estate & Mortgage News & Market Updates | | Florida Allocates $181.5M for Home Insurance Relief Program

Florida’s House and Senate unanimously approve $181.5M in funding for the My Safe Florida Home Program. The program, aimed at "hardening" homes against storms, intends to reduce homeowners' insurance costs. Funding includes: - Hurricane Recovery Grant Program: $50M - Hurricane Housing Recovery Program: $25M - Rural Infrastructure Fund: $5M...

Miami-Dade County named America’s most competitive rental market

Miami-Dade County is the hottest rental market in America in 2023, due to its booming tech industry and no income tax policy. Despite a 3.7% increase in housing supply, rental costs remain high with an average rent of $3,280. The high rental demand has led to a severe housing affordability issue, with homeowners allocating a large part of their income towards housing costs. Continue to full...