The proposed increase, on average 13.5%, will go to the state Office of Insurance Regulation for review and potential approval.

AirDNA reports that coastal area short-term rentals were 17% more popular among tourists than hotels. Short-term rentals also attract business travelers.

For the first time in state history, the median sale price for Florida exceeded that of the national number and has stayed there for several months.

The delay in lowering interest rates is having a significant implication on the economy and housing. Mortgage rates are tied to interest rates.

Borrowers with federally backed mortgages in parts of South Florida, and soon all Citizens customers, must buy flood insurance.

The Fed's rate hikes have slowed the housing market, but home prices remain near record levels because home values are not driven just by interest rates.

Rising bond prices have pushed down treasury yields, which can ultimately drive down mortgage rates. But some investors say the relief could be short lived.

More than half of luxury homebuyers would be unlikely to make an offer on a home with an outdated kitchen. They want kitchen islands and upgraded appliances.

Early results from the University of Michigan’s consumer sentiment index show sentiment is currently about 31% above the trough seen in June 2022.

A new law requires condo board education and gives the state more investigative powers to tamp down on abuses of power and other provisions.