
Housing Inventory Is Growing Fast in Fla.
Single-family home developers haven’t experienced a downshift in sales due to more inventory, however. Higher property insurance rates may be a bigger concern.
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Citizens Insurance Rate Hike Proposed
The proposed increase, on average 13.5%, will go to the state Office of Insurance Regulation for review and potential approval.
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Florida Leads Short-Term Rental Markets
AirDNA reports that coastal area short-term rentals were 17% more popular among tourists than hotels. Short-term rentals also attract business travelers.
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Biden OKs Florida Disaster Aid for May Storms
Only Leon County is approved for FEMA individual assistance. The Florida Realtors Disaster Relief Fund is accepting applications for 15 North Florida counties.
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