DeSantis’ 2024 Budget Includes Funds to Boost RE

The $114B proposal looks to renew affordable housing programs, lower insurance costs, add tax holidays, encourage growth and boost home mitigation.

Inflation Puts Commercial RE Investors On Edge

The 10-year U.S. Treasury’s volatile yield lately strikes fear in some commercial investors. 2023 was “a dismal year” after the cost of capital affected valuations.

Citizens Ins. Losing Policies but Still Fla.’s Largest

49K more policies could be moved out of Fla’s. “insurer of last resort” by Feb. 20, though it still has twice as many policies (1.4M) as No. 2 State Farm (630K).

NAHB: Biggest Growth of New Builds in Exurbs

The new-homes' growth rate fell in 3Q, as it did in the two previous quarters, says NAHB. Single-family and multifamily saw the biggest expansion in U.S. exurbs.