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Fla. OKs New Property Insurer: Mainsail Insurance

The Florida Office of Insurance Regulation says changes passed by the Fla. Legislature have attracted new insurers and removed 280K policies from Fla.-owned Citizens. …continue

June New-Home Sales Cool As Mortgage Rates Rise

By Kerry Smith Newly built home sales fell 2.5% last month. NAHB cited higher mortgage rates and some supply chain issues for electrical transformers as the leading cause. …continue

Builder Confidence Moves a Bit Higher in July

With the tight inventory of existing homes, the market remains solid for builders, and the index measuring attitudes moved one point higher to 56 from June’s 55. …continue

Fla.’s May Housing: Inventory Up, Median Price Flat

Florida Realtors: YOY single-family home median price flat at $419.9K, supply at 2.7 months. YOY condo median price up 0.9% to $325K, supply stands at 3.6 months. …continue

Floridians a Bit More Confident in May

By Kerry Smith UF: After a drop in April – the only one in 2023 so far – Floridians’ consumer outlook rose modestly again in May as the state bucks national trends. …continue