FloridaCommerce: HUD has approved Fla.’s action plan for $910M in Community Development Block Grants funding for long-term recovery efforts in 20 impacted counties.

Total sales fell 14.6% year-over-year. Single-family home sales were down 4.2% month-to-month and down 14.6% year-over-year. Single-family median price was $396,100.

Tracy Kasper is now officially installed as NAR’s 2024 president, and Eric Sain, Florida Realtors’ 2019 president, is NAR’s 2024 VP of association affairs.

Nearly 6,000 policies were added last week. But that number could drop as 7 insurers were approved to assume as many as 202K policies from Citizens this week.

NAHB: Attitudes about current production conditions for multifamily housing ranked low, while attitudes about occupancies in existing apartments rated highly positive.

Florida Realtors: Fla.’s single-family median price up 2% ($410K), condo median up 3.9% (over $321K). Pending sales and new listings rose in both property categories.

At an NAR panel last week, industry experts said that when multiple generations live together, it can help address affordability concerns and homeownership gaps.

To get past the front door, take value-adds along like handouts with info about local events, home improvement ideas, or other tips.

Last week’s approval ended the threat of a government shutdown until after the holidays and pushed a fight over the federal budget into January 2024.

RE Q&A: An estoppel found a small credit to the seller that the buyer reimbursed at closing; therefore, the HOA should honor the credit balance on the unit’s account.