Data released last Friday by the Florida Office of Insurance Regulation (OIR) finds that Hurricane Matthew damage to property claims have gone up but fewer new claims are coming in. Statewide, the report finds 78,963 insurance claims for residential homes and 3,143 for commercial buildings, ... » Learn More about Hurricane Matthew property claims to date: $549M
Moving
Where’s all the starter properties? They’re rentals now!
The absence of starter home inventory for first-time home buyers has been documented over the past couple of years, with agents and brokers in all of the markets reporting that the pickings for entry-level buyers remains woefully slim even years after the Great Recession. Where's all the ... » Learn More about Where’s all the starter properties? They’re rentals now!
Perishing suburban malls develop into real estate paradise
You may soon be buying and selling a real estate inside malls. It's getting more common, as enclosed malls across the country expect to reinvent themselves. In addition, some communities discover that moving into a mall could be a boon for property values. Those massive, enclosed malls once ... » Learn More about Perishing suburban malls develop into real estate paradise
Don’t pay attention to home ownership level
For over a decade, the national home ownership rate has been declining. It peaked at 69.2% in 2004, but for the past Ten years, the rate continued to fall. Today the home ownership rate is less than 63%, the lowest in half a century. Some industry analysts are predicting further declines too, saying ... » Learn More about Don’t pay attention to home ownership level
The things that Really Makes Owners Wish to Move
Home owners entering the market are motivated to sell desiring either an upgrade or possibly a downsized home, finds a new survey conducted by realtor.com®. Home owners looking to move because of retirement or to lower their cost of living were the two biggest increases this current year in ... » Learn More about The things that Really Makes Owners Wish to Move